The journey toward the 2028 Bitcoin Halving has now reached the midpoint, 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 fall again from 3.125 BTC to 1.5625 BTC per block. This reduction automatically decreases the daily supply from around 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 cycles continued to decline, from 12.5 BTC in 2016, to 6.25 BTC in 2020, and to 3.125 BTC in 2024.

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

Therefore, the continuously running halving system will reduce block rewards, with the process of mining the entire supply of 21 million BTC expected to take until the year 2140.

Historically, halving is also often followed by price increases within 12 to 18 months, even though its impact becomes smaller over time. However, the combination of thinning supply and institutional demand could drive interesting dynamics.

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