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What Happens When Bitcoin Is Halving? The term "halving" as it relates to Bitcoin concerns how many tokens are rewarded—the amount is cut in half. This acts to simulate diminishing returns while increasing scarcity, which is intended to raise demand. What Are the Bitcoin Halving Dates? Halvings have occurred on the following dates: Nov. 28, 2012, to 25 bitcoins July 9, 2016, to 12.5 bitcoins May 11, 2020, to 6.25 bitcoins April 19, 2024, to 3.125 bitcoins Mid-2028, to 1.5625 bitcoins
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