Bitcoin Moves Past Halfway Point In Halving Cycle As Supply Tightens Toward 2028

Bitcoin is moving deeper into its current halving cycle, with the network now past the midpoint as the next supply cut approaches in 2028.

The next halving is expected in mid-April 2028 at block height 1,050,000, according to Bitcoin Magazine Pro data. Roughly 105,000 blocks remain in the current cycle, placing the network just over halfway through what is known as epoch five, which began after the April 2024 halving.

Bitcoin halvings occur every 210,000 blocks and reduce miner rewards by half, tightening the flow of new supply. Miners currently receive 3.125 BTC per block, a figure that will fall to about 1.562 BTC after the next event. Daily issuance will decline from around…

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