The journey toward Bitcoin Halving 2028 has now reached the halfway point, with about 105,000 blocks remaining before the next reduction. This moment is expected to occur around April 2028.

If that phase happens, then the block reward will drop again from 3,125 BTC to 1,5625 BTC per block. This decrease automatically reduces the daily supply from approximately 450 BTC to just 225 BTC.

As for the first halving, it took place in 2012 with a reward of 25 BTC, when the price was still US$12. The next cycle continued to decline, from 12,5 BTC in 2016, to 6,25 BTC in 2020, and then to 3,125 BTC in 2024.

For your information, halving is a built-in mechanism of Bitcoin that occurs every 210,000 blocks or about four years, in which the miner reward is cut in half to maintain the scarcity of the asset.

Therefore, the ongoing halving system will keep reducing the block rewards, and the process of mining the entire supply of 21 million BTC is expected to take until the year 2140.

Historically, halving is also often followed by price increases within 12 to 18 months, even though the impact keeps getting smaller. However, the combination of dwindling supply and institutional demand could potentially drive intriguing dynamics.

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