When will the 2024 halving occur?

The 2024 halving will likely occur between February 2024 and June 2024. Our most updated estimate is displayed at the top of this page. This section will take a look at the previous three halvings. The 2012 block halving was the first halving and happened on November 28th, 2012.

What is bitcoin halving 2024?

Bitcoin halving is undeniably one of the most anticipated events in the crypto industry. As enthusiasts continue to count the days for the next Bitcoin halving scheduled for 2024, here’s all you need to know about the event. Bitcoin ( BTC) halving is one of the most anticipated events on the Bitcoin network.

What happens if block 840,000 is hit in 2024?

When block 840,000 is hit in 2024, the subsidy will drop to 3.125 bitcoins (BTC) per block. Thousands of Bitcoiners across the world celebrated the 2016 halving. There were parties in major cities and countries like Melbourne, Australia, Montreal, Canada, NYC, USA, London, UK, Dublin, Paris and dozens of other cities.

How many Bitcoins are there in 2023?

Bitcoin was designed to have a limited supply, with only 21 million bitcoins to be mined. As of April 2023, over 18.7 million bitcoins have been mined, and the remaining number of Bitcoins is decreasing with each halving.