Bitcoin Fourth Halving event
Overview
The fourth Bitcoin halving occurred on 20 April 2024 at block height 840,000, cutting the block subsidy paid to miners from 6.25 BTC to 3.125 BTC. Halvings are hard-coded into Bitcoin's consensus rules and occur every 210,000 blocks, roughly every four years, progressively reducing the rate at which new bitcoin enters circulation until the 21 million supply cap is reached. The immediate effect of the 2024 halving was to reduce new issuance from approximately 900 BTC per day to about 450 BTC per day, halving miner revenue from block subsidies overnight and increasing the relative importance of transaction fees in mining economics. The event was widely anticipated as a supply-side milestone and closely tracked by exchanges, research desks and index providers. The next halving is expected around 17 April 2028 at block height 1,050,000, when the subsidy will fall to 1.5625 BTC. Bitcoin's fourth halving landed at block 840,000 on 20 April 2024, following the same 210,000-block schedule as the previous three. It reduced daily issuance from roughly 900 BTC to 450 BTC. The fifth halving is projected for around 17 April 2028 at block height 1,050,000.
Within the DeFi Intel graph, Bitcoin Fourth Halving connects to 14 tracked entities, most strongly to Bitcoin, Bitcoin (BTC), Runes Protocol.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 14 total).
| Relation | Connected entity | Confidence |
|---|---|---|
forked_from | Bitcoin | 95% |
launched | Bitcoin (BTC) | 95% |
launched_at | Runes Protocol | 95% |
caused | Runes Protocol | 95% |
affects | MARA Holdings, Inc. | 95% |
affects | Riot Platforms, Inc. | 95% |
affects | CleanSpark, Inc. | 95% |
mined_by | ViaBTC | 95% |
preceded_by | Bitcoin | 85% |
launched | Hashprice | 85% |
Frequently asked questions
What is Bitcoin Fourth Halving?
Bitcoin Fourth Halving is an event tracked in the DeFi Intel knowledge graph. It is connected to 14 other tracked entities, most strongly to Bitcoin, Bitcoin (BTC), Runes Protocol.
What type of entity is Bitcoin Fourth Halving?
Bitcoin Fourth Halving is classified as an event (event) in the DeFi Intel knowledge graph.
What is Bitcoin Fourth Halving connected to?
In the DeFi Intel knowledge graph, Bitcoin Fourth Halving is linked to 14 other tracked entities, most strongly to Bitcoin, Bitcoin (BTC), Runes Protocol.
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