BTChub

The Bitcoin halving cycle, drawdowns and holding periods

Bitcoin's new supply halves roughly every four years, and its history is a series of deep drawdowns and recoveries around that clock. This topic gathers the halvinghalvingThe protocol event, about every four years, that cuts the new-bitcoin block reward in half. The next drops it to 1.5625 BTC.See it on the site → countdown, drawdown depth and duration, and what holding through past cycles actually returned.

halving countdown~1.4 yrs~75,894 blocks (~520 days) to the next halving at block 1,050,000 (est. 2028), when the block subsidy falls to 1.5625 BTC.

key dispatches

No dispatch mentions this topic yet.

Where cycle connects

Lit lines are this topic's links. Pick another topic to compare.

what the lit lines mean

  • mining shares 2 instruments, about halvinghalvingThe protocol event, about every four years, that cuts the new-bitcoin block reward in half. The next drops it to 1.5625 BTC.See it on the site → countdown and puell multiple.
  • bitcoin shares 1 instrument, about drawdown from ath.

bitcoin

The hub: where Bitcoin's price sits against its own trend and history.

mayer multiple1.13×At $82,002, BTC trades +13% versus its 200-day average ($72,497). Readings above 2.4× have historically marked expensive zones, below 0.8× accumulation zones.open bitcoin →

cycle

The four-year issuance clock, drawdowns and what holding through them looked like.

mining

The machines securing the chain: how much computing they run, how hard mining is, and what they earn.

hashrate1,030 EH/sAn estimated 1,030 EH/s of hashpower is securing the chain — inferred from difficulty and how fast blocks arrive over a recent window, not counted directly, so short-run figures are noisy. Read the trend, not any single point.open mining →

energy

The bridge: the electricity behind mining, and the oil, gas and power shocks that tie Bitcoin to macro.

production cost$63kElectricity to mine one bitcoin runs about $63k — a $41k–$88k band across fleet efficiency, at $0.05/kWh. The 2026-10-18 close of $82,002 sits inside the mining cost band — efficient miners profit, older rigs are squeezed.open energy →
Instruments on this topic (7)