When Is Bitcoin Halving 2024 Clock. Bitcoin halving is an event where the reward for mining new bitcoin blocks is cut in half, resulting in miners receiving 50% fewer bitcoins for verifying transactions. The previous bitcoin halving occurred on april 20th, 2024 at 12:09 am utc.

Bitcoin halving is an event where the reward for mining new bitcoin blocks is cut in half, resulting in miners receiving 50% fewer bitcoins for verifying transactions. From today onwards, bitcoin miners will receive 3.125 btc per mined block, down from the previous 6.25 btc.