Bitcoin halving countdown 2028
Celebration of the greatest moments
The Bitcoin Halving 2024 event ended on April 20, 2024. Don't miss this website because ONUS will update more useful information about Bitcoin price fluctuations, Bitcoin investment strategies after the Bitcoin Halving 2024 event. take place. Helps you prepare the best investment plan for Bitcoin's 5th Halving event scheduled to take place in 2028, after 210,000 blocks are mined. When the halving occurs, the block reward will decrease from 3.125 BTC to 1.5625 BTC.
Bitcoin Halving Countdown Clock
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What is Bitcoin?
Launched in 2009, Bitcoin is the pioneering virtual currency (electronic currency) and market leader. Considered "digital gold", Bitcoin operates on blockchain technology, ensuring transparency, security and decentralisation. Simply by connecting to internet-connected devices, BTC can be easily traded without the need for censorship by any intermediary organisation.
Bitcoin has a high value, currently 63141.911125. However, you can easily buy and sell with a minimum amount of 50,000 VND on the ONUS application because Bitcoin can be divided into Satoshi (1 BTC = 100,000,000 Satoshi).
How to buy Bitcoin
Skip the complicated procedures. Now it's easier than ever to buy and sell bitcoin in just 1 minute with a bank account or credit card.
Bitcoin Price Forecast
Will Bitcoin (2024-2027) continue to grow strongly or will it level off? Get expert predictions and technical indicators to help you choose the best time to invest.
Bitcoin Research
Understanding Bitcoin research techniques is an essential tool to help investors evaluate the potential and make the most informed investment decisions.
History of Bitcoin Halving
Begins with Every Phenomenal BTC Spike
Bitcoin halving history shows a strong upward price trend due to scarcity and future market trends, typically in the first quarter of 2024, the BTC price exceeded the ATH recorded in November 2023.
Graph of Bitcoin value growth in the 6 months following previous halving events
1
28/11/2012
On the first halving day, the price of bitcoin was around $12. After only 6 months, on 28 May 2013, the price had risen to around 130 USD, an impressive growth of almost 11 times.
2
09/07/2016
On the day of the second halving, the price of Bitcoin was equivalent to $660. By 9 January 2017, the price of bitcoin had risen to around $900, an increase of more than 36%.
3
11/05/2020
The third halving event saw a Bitcoin price of just $8,600. Six months later, on 11 November 2020, the price of Bitcoin exploded, rising to over $15,700, almost double the price at the time of the Halving.
History of Bitcoin halving
Since its launch in 2009 with a mining reward of 50 BTC/block, bitcoin has undergone three halvings - an event that 'halves' the reward for miners, helping to shape the value and scarcity of the currency.
The first halving took place in November 2012 and reduced the reward to 25 BTC/block! The second event in July 2016 further halved the reward to 12.5 BTC! And in May 2020, the third halving brought the reward down to 6.25 BTC/block.
Each Halving is an incredibly exciting event that exerts a powerful 'push' on the rate of new Bitcoin issuance, ensuring its scarcity and driving up the value of this incredible currency! Just like gold, Bitcoin's supply is strictly limited to 21 million, and the Halving process plays a crucial role in reinforcing the principle of deflation, setting it apart from traditional fiat currencies! Bitcoin's halving journey demonstrates the foresight of Satoshi Nakamoto, Bitcoin's founder, in creating a decentralised, transparent and long-term value monetary system.
FAQs
Why does Bitcoin Halving happen?
Bitcoin halving, like 'cutting' Bitcoin, is an important event that takes place every 210,000 blocks are mined, or about 4 years. Just as gold mining becomes increasingly difficult, Halving slows the rate at which new Bitcoin is created, thereby protecting the value of BTC and controlling its supply over time!