Bitcoin Halving Schedule
Every 210,000 blocks Bitcoin produces (roughly four years), the block reward is cut in half. Starting from 50 BTC at the genesis block in 2009, after 33 halvings the reward reaches zero around 2140, and the total supply of bitcoin ultimately converges on 21 million coins.
Block reward halving curve (the vertical axis is on a logarithmic scale; orange dots mark the halving points)
| Year | Halving | Block Reward (BTC) | Notes |
|---|---|---|---|
| 2009 | Genesis Block | 50 | |
| 2012 | 1 | 25 | 2012-11-28 · Block 210,000 |
| 2016 | 2 | 12.5 | 2016-07-09 · Block 420,000 |
| 2020 | 3 | 6.25 | 2020-05-11 · Block 630,000 |
| 2024 | 4 | 3.125 | 2024-04-20 · Block 840,000 |
| 2028 | 5 | 1.5625 | Estimated · Block 1,050,000 |
| 2032 | 6 | 0.78125 | |
| 2036 | 7 | 0.390625 | |
| 2040 | 8 | 0.1953125 | |
| 2044 | 9 | 0.09765625 | |
| 2048 | 10 | 0.04882812 | |
| 2052 | 11 | 0.02441406 | |
| 2056 | 12 | 0.01220703 | |
| 2060 | 13 | 0.00610351 | |
| 2064 | 14 | 0.00305175 | |
| 2068 | 15 | 0.00152587 | |
| 2072 | 16 | 0.00076293 | |
| 2076 | 17 | 0.00038146 | |
| 2080 | 18 | 0.00019073 | |
| 2084 | 19 | 0.00009536 | |
| 2088 | 20 | 0.00004768 | |
| 2092 | 21 | 0.00002384 | |
| 2096 | 22 | 0.00001192 | |
| 2100 | 23 | 0.00000596 | |
| 2104 | 24 | 0.00000298 | |
| 2108 | 25 | 0.00000149 | |
| 2112 | 26 | 0.00000074 | |
| 2116 | 27 | 0.00000037 | |
| 2120 | 28 | 0.00000018 | |
| 2124 | 29 | 0.00000009 | |
| 2128 | 30 | 0.00000004 | |
| 2132 | 31 | 0.00000002 | |
| 2136 | 32 | 0.00000001 | |
| 2140 | 33 | 0.00000000 | Reward reaches zero; issuance ends |