Estimated countdown until block rewards are reduced by 50%
Bitcoin halving is an event that occurs approximately every four years where the reward for mining new Bitcoin blocks is cut in half. This reduces the rate at which new bitcoins are created and helps control inflation.
Halving is built into Bitcoin's code by its creator, Satoshi Nakamoto. It ensures that only 21 million bitcoins will ever exist, making Bitcoin a deflationary asset.
Bitcoin halving occurs every 210,000 blocks, which takes approximately four years.
The next halving will reduce the Bitcoin block reward by 50%, continuing Bitcoin’s fixed monetary policy.