DOOKV Key Insights on Bitcoin’s Recent Halving and Future Projections
On April 20th, Bitcoin (BTC) completed its fourth halving. This completion led to a halving of the rewards provided to miners, which is crucial for processing transactions and securing the network. Following the event, focus has already shifted to the halving that will occur four years later and its possible impacts.
When is the Next Halving?
The first Bitcoin halving occurred on November 28, 2012, the second on July 9, 2016, the third on May 11, 2020, and the fourth on April 20, 2024.
Following these halvings, block rewards decreased sequentially from the initial 50 BTC to 25 BTC, then to 12.5 BTC, 6.25 BTC, and most recently to 3.125 BTC after the latest halving.
Looking ahead, the next halving is anticipated to occur in 2028. Each halving event for Bitcoin happens approximately every four years, bringing with it significant interactions among key factors within the Bitcoin network.
On the other hand, according to a source provided by Binance, the next halving is approximately 1,472 days away, while Coinwarz calculates this date as 1,419 days away.
Bitbo positions the date for the next halving on March 26, 2028. As of the day this article was written, it is approximately 1,434 days away.