Bitcoin Halving Countdown 2024

Stay ahead with our comprehensive impact analysis and expert predictions
Bitcoin Halving 2024 Countdown Clock
Halving happened at block 840000!
840000Halving Block
841155Current Block
~10 minutesBlock Time
USD 63346Exchange Rate
USD 1.25 BMarket Cap
88.10 TDifficulty
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Bitcoin Halving

Bitcoin 'Epic Sat' From the Halving Sells for $2.1 Million

The first satoshi mined on the Bitcoin blockchain after last week’s halving event, mined by Bitcoin mining pool ViaBTC, went up for auction—and fetched a sizable seven-figure sum. The auction of “epic sat” 1,968,750,000,000,000, hosted on the cryptocurrency exchange CoinEX, ended Thursday with a final bid of 33.3 Bitcoin ($2.13 million worth) winning the piece of Bitcoin history. It's not yet clear who won the auction. The auction of the Epic Sat began on April 20, the day after the halving, wit...

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Apr 21, 2024

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Coins

When Is the Next Bitcoin Halving?

Bitcoin’s latest halving event has happened. Are you ready for the next one?  The much-talked about quadrennial event baked into Bitcoin’s code happens every four years, approximately. The first one took place in November 2012, the second in July 2016, the third in May 2020, and the latest was just on Friday—April 19, 2024. And with the fourth one down, the next one is already scheduled when another 210,000 blocks are mined—which is expected sometime in 2028, though the exact month and date will...

by Mat Di Salvo ·

Apr 20, 2024

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Coins

What's Next for Bitcoin After the Halving?

Welcome to Bitcoin’s fifth epoch. Following the network’s programmed reduction in newly issued Bitcoin, a new era of digital scarcity has been ushered in. Like clockwork on Friday, the reward that miners earn for validating Bitcoin transactions was slashed in half for the fourth time since the blockchain’s launch. Bitcoin’s so-called halving occurred at just after 8pm ET on Friday. As a result, miners will earn 3.125 BTC per block created until some time likely in 2028. It’s part of miners’ dues...

by André Beganski ·

Apr 20, 2024

Bitcoin's price is up. Image: Shutterstock

Coins

This Week in Coins: Bitcoin Halving Happens But BTC Doesn't Budge After a Dramatic Week

Illustration by Mitchell Preffer for Decrypt. The long-anticipated halving event took place on 4/20 and after all the hype and speculation, Bitcoin is...sitting pretty still. CoinGecko shows that the top coin's price stands at $64,041, after dropping by 5% in seven days. Over the past 24 hours—which included the fourth reduction in mining rewards since the birth of BTC—it hasn't moved at all. It's still been a dramatic week for the biggest digital asset by market cap after it got battered last w...

by Mat Di Salvo ·

Apr 20, 2024

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Coins

Bitcoin Halving Is Here: Crypto Twitter Reacts

The highly anticipated Bitcoin halving has arrived, and the Bitcoin faithful cheered the event, with many declaring a new era in Bitcoin—particularly as the new Runes protocol came online as well. Anticipation around the halving has steadily grown since the start of the new year. In January, after the SEC approved the first set of Bitcoin ETFs, fuel was added to the fire, and investors began speculating what the fourth halving would mean for the price of the number one cryptocurrency. Heading in...

by Jason Nelson ·

Apr 20, 2024

The Bitcoin halving occurs roughly every four years. Image: Created by Decrypt using AI.

Coins

Bitcoin Completes Fourth Halving, Ushering In New Era for BTC

The Bitcoin halving is here. On Friday, just after 8 p.m. ET, the Bitcoin network successfully underwent its programmed reduction in newly issued BTC. After the 840,000th Bitcoin block was created, successful miners now earn 3.125 BTC per block completed, in addition to network transaction fees. Representing the fourth halving event in Bitcoin’s history, the moment was widely anticipated by the crypto community in recent weeks. Meanwhile, the price of Bitcoin was up slightly for the day, just un...

by André Beganski ·

Apr 19, 2024

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Coins

The Race Is On to Mint One of the First Bitcoin Runes

With the Bitcoin halving only hours away, the race is on to mint the first tokens on the new Bitcoin Runes protocol set to launch alongside the quadrennial event. Runes is a new fungible token protocol on Bitcoin that will let users “etch” and mint tokens on top of the chain. It’s akin to the experimental BRC-20 standard launched last year, but is said to be more efficient—and comes from the inventor of the Ordinals protocol. In any case, as with the NFT-like Ordinals before it, project creators...

by Jason Nelson ·

Apr 19, 2024

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NFTs

What the Bitcoin Halving Means for Ordinals and BRC-20 Tokens

We’re hours away from the Bitcoin halving and the associated launch of the Runes fungible token standard, and collectors on the top chain might be wondering: What does any of this have to do with the NFT-like Ordinals inscriptions on the chain? And what of BRC-20 fungible tokens built on the Ordinals protocol? Unlike Ethereum’s “merge” transition back in late 2022, there’s no reason for concern around what could happen to on-chain Bitcoin assets after the halving. The halving simply refers to th...

by Andrew Hayward ·

Apr 19, 2024

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Coins

Bitcoin Runes Launch at the Halving: Here's Everything You Need to Know

Bitcoin is front and center again, and orange coin lovers everywhere have plenty to be excited about: new all-time high prices, the upcoming halving, rising demand for Ordinals—and soon, something totally new called Runes. And while Runes won’t hit Bitcoin until the halving—currently set for April 19 as of this writing—when the supply of newly minted BTC is once again cut in half by slashing miner rewards, the project is already getting a lot of hype and attention. Here’s what you need to know....

by Reza Jafery ·