The Bitcoin Halving timer on CoinMarketCap is calculated using the following formula: (Halving block - Current height) * Average block time (latest 500 blocks) In 2012, the amount of new bitcoins issued every 10 minutes dropped from 50 bitcoins to 25. It only happens every four years! In the most recent May 11, 2020 halving, the reward dropped from 12.5 to 6.25 BTC per block. We believe that this makes our countdown more accurate, and any fluctuations that you may see speak to the precision of our way of measurement. After every 210,000 blocks are mined (approximately every 4 years), the block reward halves and will keep on halving until the block reward per block becomes 0 (approximately by year 2140). Find out what is the Bitcoin Halving - when the miner reward will decrease from 12.5 BTC to 6.25 BTC. In 2016, it dropped from 25 to 12.5. As of now, the block reward is 6.25 coins per block and will decrease to 3.125 coins per block post halving… Join us for Bitcoin Halving 2020 with our countdown clock. In the 2024 halving, the reward will drop from 6.25 BTC per block to 3.125 BTC.

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