When Does The Bitcoin Halving Happen 2024. As of july 10, 2024, bitcoin price stands at $57,639. At the time, the reward for each block of mined bitcoin was cut in half from 6.25 btc to 3.125 btc.
In spite of the global network hash rate increasing from an average of 568 eh/s in the first quarter of 2024 to 604 eh/s, a 6% increase and the bitcoin halving. The most recent bitcoin halving took place on april 19, 2024.