The Numbers Behind Today's Bitcoin Halving

A look at the basic numbers and math behind today's Bitcoin halving.
The Numbers Behind Today's Bitcoin Halving

Editor’s Note: Happy halving to everyone, from Bitbo!

Before and After the Halving

Bitcoin’s block reward will drop from 6.25 BTC per block to 3.125 BTC per block.

Inflation Rate

Bitcoin’s inflation rate is currently around 1.75%.

After today’s halving, the inflation rate of Bitcoin will drop to around 0.85%, making Bitcoin’s inflation rate lower than gold for the first time ever.

2028 Halving

Once the 2024 halving happens, we begin counting down to the 2028 halving, expected for April 2028.

After the 2028 Halving

The block reward after the 2028 halving will drop from 3.125 BTC per block to 1.5625 BTC per block. Bitcoin’s inflation rate after the 2028 halving will drop to just 0.41% per year.

Price Models

Stock to flow projects a Bitcoin price of $5 million after the 2028 halving, however it’s unclear if the model will hold.

Power law projects around $300,000 around the 2028 halving.

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