Bitcoin's block reward is cut in half every 210,000 blocks (roughly every 4 years) — an event known as 'the halving,' which reduces the rate of new bitcoin issuance.
Bitcoin's block reward is cut in half every 210,000 blocks (roughly every 4 years) — an event known as 'the halving,' which reduces the rate of new bitcoin issuance. This calculator estimates how many blocks and roughly how many days remain until the next halving, based on the current block height.
At block height 850,000, the next halving occurs at block 1,050,000. Blocks Remaining = 1,050,000 − 850,000 = 200,000 blocks. Estimated Time ≈ 200,000 × 10 minutes ≈ 1,388.9 days (about 3.8 years), though actual block times vary with network hash rate.
It's a programmed event, roughly every four years (every 210,000 blocks), where the reward miners receive for confirming a block is cut in half.
It estimates the time remaining based on the current block height, the target halving block, and the average time per block (about 10 minutes).
It slows the rate of new coin issuance over time, which is central to Bitcoin's fixed total supply cap of 21 million coins.