{"id":1136,"date":"2019-12-23T01:00:00","date_gmt":"2019-12-23T09:00:00","guid":{"rendered":"https:\/\/www.opennode.com\/blog\/?page_id=1136"},"modified":"2019-12-22T13:48:02","modified_gmt":"2019-12-22T21:48:02","slug":"halvening-halving","status":"publish","type":"page","link":"https:\/\/blog.opennode.com\/blog\/glossary\/halvening-halving\/","title":{"rendered":"Halvening (Halving)"},"content":{"rendered":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>\n

Halvening (Halving)<\/h1>\n\n\n\n

The halvening refers to the 50% reduction of the block reward<\/a> every 210,000 blocks. The halvening is also known as the halving – we acknowledge & encourage the use of both terms! Below is a table showing the halvening schedule and the block subsidy<\/a> from Bitcoin’s inception through 2024 (and beyond):<\/p>\n\n\n\n

Block subsidy<\/td>block height<\/a> range<\/td>Year range (approx.)<\/td><\/tr>
50 BTC<\/td>0 – 210,000<\/td>2009 – 2012<\/td><\/tr>
25 BTC<\/td>210,001 – 420,000<\/td>2012 – 2016<\/td><\/tr>
12.5 BTC<\/td>420,001 – 630,000<\/td>2016 – 2020<\/td><\/tr>
6.25 BTC<\/td>630,001 – 840,000<\/td>2020 – 2024<\/td><\/tr>
3.125 BTC<\/td>840,001 – 1,050,000<\/td>2024 – ?<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Links<\/h2>\n\n\n\n