Expected halving date:
Thursday, 20 April 2028. 02:26 UTC
Blocks at 5th halving
1.05M
Average time between blocks
9.82 p/m
Current block
0
Missing blocks until halving
1,050,000
The Bitcoin whitepaper
On October 31, 2008, Satoshi Nakamoto published "Bitcoin: A Peer-to-Peer Electronic Cash System", which set the basis for starting a financial revolution. Download the Bitcoin whitepaper here
Download nowBitfinex history
Welcome to Bitfinex’s dedicated space exploring the fascinating phenomenon of the Bitcoin Halving! This unique event, which occurs approximately every four years or 210,000 blocks, is a pivotal moment in Bitcoin. It marks the reduction of the mining reward by half, algorithmically reducing the emission schedule of new Bitcoins produced until it reaches the supply cap of 21 million in the year 2140. This halving mechanism was embedded in Bitcoin’s protocol by its creator, Satoshi Nakamoto, and is a critical driver behind Bitcoin’s monetary policy and value proposition. This halving not only underscores Bitcoin’s scarcity and deflationary nature but also has historically triggered significant market activity. We delve into the intricacies of the halving, its implications for miners, investors, and the broader cryptocurrency market. Stay informed, and explore how this key event shapes the landscape of digital finance.