The final halving is expected in 2140, when the last Bitcoin will be mined and the total supply of coins will reach 21 million
Exactly 11 years ago, on November 28, 2012, the first halving took place on the Bitcoin (BTC) network, as a result of which the reward for mining one block was reduced from 50 to 25 BTC, according to the Coinwarz service.

A halving is a planned reduction in the number of newly issued Bitcoins (BTC) that are created and distributed to miners who verify and confirm transactions on the network. This is built into the Bitcoin code to ensure that the total number of coins in the network never exceeds 21 million units.

What is Bitcoin halving and how will it affect the price of the first cryptocurrency?

The second reduction occurred in July 2016, when the reward decreased from 25 to 12.5 BTC. The third and final halving occurred in May 2020, when the reward decreased from 12.5 to 6.25 BTC.


The next Bitcoin halving is expected in April 2024. The block reward will be reduced to 3.125 BTC, which will reduce the annual Bitcoin inflation rate from 1.7% to 0.8%. The final halving will occur in 2140, when the last Bitcoin will be mined and the total supply of coins will reach 21 million.
In 2012, the first halving had minimal impact on the price of Bitcoin. However, already before the second halving in 2016, the value of the main cryptocurrency increased noticeably. Similarly, in the year leading up to the 2020 halving, Bitcoin doubled in price.

Bitcoin is currently trading around $37,000, and its behavior ahead of the next halving may differ from early trends due to other macro factors, including the approval of Bitcoin exchange-traded funds (ETFs) from large management companies in the United States.