Bitcoin Halving Countdown 2024

Stay ahead with our comprehensive impact analysis and expert predictions
Bitcoin Halving 2024 Countdown Clock
Halving happened at block 840000!
840000Halving Block
841405Current Block
~10 minutesBlock Time
USD 62826Exchange Rate
USD 1.24 BMarket Cap
88.10 TDifficulty
Bitcoin News
Bitcoin mining. Image: Shutterstock
Business
BTC

Two Bitcoin Mining Stocks Are Must Buys Ahead of Halving, Says Brokerage Firm

Brokerage firm Bernstein has advised buying Bitcoin mining stocks to gain indirect exposure to the cryptocurrency ahead of the upcoming BTC halving. In a research report, Bernstein analysts recommended Riot Platforms (RIOT) and CleanSpark (CLSK) as the firm's preferred picks among Bitcoin mining stocks, noting that, "most of the U.S. listed miners look relatively well positioned," at Bitcoin's current price level, "even if their costs double post halving." The Bitcoin halving, which takes place...

·

Dec 13, 2023

Cantor Fitzgerald. Image: Shutterstock

Business

Cantor Fitzgerald CEO 'Fan' of Tether, Bullish on Bitcoin Halving

Cantor Fitzgerald CEO Howard Lutnick declared he was a “fan” of Bitcoin and the stablecoin Tether, while dismissing other cryptocurrencies as “make believe.” Speaking on CNBC’s Money Movers podcast, the CEO of the Wall Street broker said that, “I am a fan of crypto. But let's be very specific. Bitcoin. Just Bitcoin,” adding that he was optimistic on the prospect of the Bitcoin halving and the possibility of a spot Bitcoin ETF approval. “Every four years, Bitcoin doubles the price of how much wor...

by Stephen Graves ·

Dec 7, 2023

How Bitcoin commentators reacted during the halving. Image: Shutterstock.

Long Reads

What the Bitcoin Halving Means for Investors

The next Bitcoin halving is fast approaching. And though this seismic event has happened three times before, and it's been baked into Bitcoin's code since birth, it once again has observers wondering: What does that mean for me? The halving is first and foremost an important event for Bitcoin miners, who will see the fruits of their labor slashed in half once again. But it also has meaning for BTC investors—if for no other reason than market sentiment and the attention that the halving typically...

by Mat Di Salvo ·

Dec 1, 2023

The Bitcoin halving. Image: Decrypt

Technology Guides

What is the Bitcoin Halving? How Bitcoin's Supply is Limited.

Every four years, the amount of Bitcoin doled out to cryptocurrency miners halves in a process imaginatively known as Bitcoin halving (or halvening). Here’s why—and how—it works. Bitcoin’s supply limit To understand the Bitcoin halving, we must first understand the theory behind its supply. The inventor of Bitcoin, Satoshi Nakamoto, believed that scarcity could create value where there was none before. After all, there’s only one Mona Lisa, only so many Picassos, a limited supply of gold on Eart...

by Matt Hussey, Ki Chong Tran, Stephen Graves ·

Nov 27, 2023

Is Bitcoin poised for another bull run? Image: Shutterstock

Coins

Bitcoin Hovers Near Yearly High as Halving and ETF Loom

Bitcoin held on Monday to most of the gains made over Thanksgiving week, with continued anticipation regarding the coin’s upcoming halving event and optimism surrounding the still-unconfirmed approval of a spot Bitcoin ETF keeping the cryptocurrency hovering near highs not seen in well over a year. The world’s top cryptocurrency currently sits at $36,940 according to data from CoinGecko. That’s a slight 3.27% drop from Friday, when Bitcoin smashed through $38,000 for the first time since the cry...

by Sander Lutz ·

Nov 22, 2023

Bitcoin hash rate is on fire. Image: Shutterstock

Coins

Bitcoin Halving Is 5 Months Away and Hash Rate Just Hit an All-Time High

Bitcoin’s hash rate has hit a new all-time high—indicating that the network is stronger than ever. Just in time for next year's highly anticipated halving. The total Bitcoin hash rate hit 491 exahashes per second (TH/s) Wednesday, according to data from Blockchain.com. This means that every second, mining machines around the world securing the Bitcoin network are making 491 quintillion hash computations. Hash rate refers to the amount of computing power used per second. The more computing power...

by Mat Di Salvo ·

Oct 16, 2023

Business

Bitcoin Mining Activity Surges as Difficulty Soars to New Peak

Bitcoin’s mining difficulty level has hit a new high after another surge on Monday, rising by 6.47% and making it even more challenging for Bitcoin miners to uncover blocks. According to data from CoinWarz, after the latest update, Bitcoin’s mining difficulty—the estimated number of hashes required to mine a block—is now at 61.03 trillion. This is the third consecutive increase in Bitcoin mining difficulty, which has almost doubled since October last year. Bitcoin's mining difficulty is readjus...

by Andrew Asmakov ·

Oct 6, 2023

Bitcoin "mining" refers to the activity of generating new BTC. Image: Shutterstock

Business

Bitcoin Miner Iris Energy Jumps 9% as It Boosts Mining Capacity Ahead of Bitcoin Halving

With Bitcoin’s highly anticipated “halving” event only 6 months away, Canada-based Bitcoin mining firm Iris Energy has announced another major expansion to its computer fleet. On Friday, the company confirmed that its total hashrate has increased by 25% from 5.6 exahashes per second (EH/s) to 7.0 EH/s, by adding 7,000 of Bitmain’s newest S21 miners to its fleet. The addition cost the company $19.6 million. “The purchase is expected to be funded from existing capital sources, including cash in ba...

by Andrew Throuvalas ·

Jul 24, 2023

Image: Shutterstock

Coins

Bitcoin Halving Is Less Than 40,000 Blocks Away—Here's What That Means

The Bitcoin network passed block 800,000 on Monday, marking another major milestone in the history of the world’s largest cryptocurrency. This also means that the next Bitcoin halving event—they occur every four years, reducing miners' rewards by half, and is set to occur at block 840,000—is now less than nine months away (or 40,000 blocks), according to Bitcoinblockhalf.com. “As we celebrate the mining of the 800,000th block, we find ourselves in a fascinating period of Bitcoin's life cycle. Th...

by Andrew Asmakov ·