Bitcoin’s next halving is close enough to plan around, but far enough away that the market has plenty of time to get weird about it. As of late July 2026, roughly 90,000 blocks stand between now and block height 1,050,000, the point at which the network will automatically cut its block reward in half. The projected date: somewhere around mid-April 2028.
That gives miners, traders, and anyone with a Bitcoin allocation about 21 months to position accordingly.
What actually happens at block 1,050,000
Every 210,000 blocks, Bitcoin’s protocol slashes the reward paid to miners for validating transactions. Right now, miners earn 3.125 BTC per block. After the halving, that drops to 1.5625 BTC.
The current block height sits around 960,000, meaning the network has cleared roughly 57% of the 210,000-block journey since the last halving. That last one happened on April 20, 2024, at block 840,000, dropping the reward from 6.25 BTC to the current 3.125 BTC.
