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Bitcoin Network: Hashrate, Difficulty and Halving

The state of the Bitcoin blockchain itself: how many blocks have been mined, how much computing power secures it, when mining gets harder or easier, and how long until the next halving.

Updated 4 min ago
Block height
975,792
Hashrate
909 EH/s
Difficulty
134.82 T
Average block time
9.4 min
target 10 minutes
Mempool
63,818
transactions waiting
Price
$67,141.00

Next Bitcoin Halving

Estimate
Blocks left
74,208
Time left
~484 days
Expected
Mar 2028
Progress through this halving period64.7%
Halving block1,050,000
Block reward now3.125 BTC
Block reward after1.5625 BTC

The date is worked out from the current average block time, so it moves a little every day.

Next Difficulty Adjustment

mempool.space
Expected change
-6.25%
Blocks left
1,967
Expected
Sun 29 Nov
Progress through this 2,016 block period2.4%

Every 2,016 blocks, about two weeks, the network resets the difficulty so blocks keep arriving roughly every 10 minutes. If blocks came faster than that, difficulty goes up.

Hashrate, Last 90 Days

mempool.space

Fees Right Now

~1 hour1sat/vB
~30 min1sat/vB
Next block1sat/vB
Mempool size31.3 vMB
Fees waiting0.073 BTC

What the halving is

Miners who add a new block to the Bitcoin blockchain receive newly created bitcoin as a reward. Every 210,000 blocks, roughly every four years, that reward is cut in half. This is the halving. It is written into Bitcoin's code and is the reason no more than 21 million bitcoin will ever exist.

Because blocks do not arrive at exact intervals, nobody knows the precise date in advance. This page estimates it from the recent average block time. The halving guide covers the history of past halvings.

Hashrate and difficulty

Hashrate is the total computing power miners point at Bitcoin, measured in exahashes per second (one EH/s is a billion billion guesses per second). Higher hashrate makes the network more expensive to attack. Difficulty is how hard it is to find a valid block; it follows hashrate up and down so the block rhythm stays steady.