Bitcoins next halving is 1 year, 8 months and 14 days away.

With bitcoins next halving a mere 621 days away let’s take a look at some of the past halving’s…

2012 the first halving

• happened on November 28th 2012
• the price on the date: $12.35
• price 150 days later: $127

2016 the second

• happened on July 6th 2016
• the price on the date: $650.63
• price 150 days later: $758.81

2020 the third

• happened on May 11th 2020
• the price on the date: $8821.42
• price 150 days later: $10,943

The next one 2024 is estimated for APRIL 4th 2024

If anyone is wondering “what is a halving?”

New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the amount of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half. The day the amount halves is called a "halving" or "halvening".

In 2012, the amount of new bitcoins issued every 10 minutes dropped from 50 bitcoins to 25. In 2016, it dropped from 25 to 12.5. In the most recent May 11, 2020 halving, the reward dropped from 12.5 to 6.25 BTC per block.

In the 2024 halving, the reward will drop from 6.25 BTC per block to 3.125 BTC.

Plenty of time to stack up those sats! Happy investing!