Bitcoin: More Than 100,000 Blocks Before the Next Halving!
The Bitcoin network has just passed a crucial psychological and technical milestone. According to real-time on-chain data, fewer than 100,034 blocks now separate it from the next halving. This event is set for block 1,050,000 and expected in April 2028. News that already triggers a race against the clock behind the scenes!
In Brief
- Bitcoin has fallen below the 100,000 blocks threshold before the 2028 halving.
- The crypto market is already beginning to anticipate potential consequences.
- BTC miners could face significant economic pressure.
The 2028 Supply Shock Is Officially Scheduled
The halving is a mechanism embedded in Bitcoin’s code. It halves the reward given to miners every 210,000 blocks.
According to data, the scarcity clock accelerates for the queen of cryptocurrencies. Having passed the last halving in April 2024, the Bitcoin crypto network has just reached block 950,000. This marks the final countdown to block 1,050,000 planned for 2028. At this exact moment, the reward granted to miners will drop from 3.125 BTC to 1.5625 BTC per block.
This news holds particular importance as the Bitcoin 2028 halving will be historically unique. Indeed, all previous halvings occurred before the large-scale existence of spot Bitcoin ETFs in the United States.
In other words, the 2028 halving will be the first to take place in an environment where institutional accumulation is not only present but at historic levels. Moreover, the numbers speak for themselves:
- Strategy currently holds 843,738 bitcoins (the latest acquisition dated May 18, 2026).
- BlackRock shows 817,138 BTC in its reserve, about 7.9% of the total cap of 21 million coins.
These heavyweights did not exist in the equation during previous cycles. And this changes everything!
An Existential Threat to Bitcoin Miners?
Historically, each Bitcoin halving has caused short-term stress for miners. This was followed by:
- either the elimination of the least efficient players;
- or a price recovery restoring profitability.
With a hashrate reaching records throughout 2025 and 2026, competition approaching 2028 is at its most intense level ever recorded.
For some crypto analysts, this could just be the beginning. The latest data indeed reinforces Bitcoin’s scarcity, and aggressively so. Faced with institutional demand boosted by ETFs, such a drop in daily production could cause a liquidity squeeze on crypto exchanges.
The losers are therefore already identified: under-capitalized crypto miners. Long-term investors, on the other hand, watch this schedule with undisguised optimism.
Operators unable to reduce their production costs below the new reward parameters could suffer margin compression, regardless of the bitcoin price level.
One thing is certain: Bitcoin is gradually entering a new phase of its historical cycle. Certainly, the 2028 halving is still distant. Nevertheless, the unofficial launch of the countdown already reignites speculation about the future of the crypto market. And if history repeats itself once more, the coming years could become decisive for the flagship cryptocurrency.
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My name is Ariela, and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago, but it is a universe that greatly interests me. The topics covered on the platform allow me to learn more. A singer in my spare time, I also cultivate a great passion for music and reading (and animals!)
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.