Prefer us on Google 
Download App 
Download App
Bitcoin is progressing further into its current halving cycle, having now surpassed the midpoint as the next reduction in supply issuance draws nearer in 2028.
The subsequent halving event is anticipated around mid-April 2028, specifically at block height 1,050,000, according to data compiled by Bitcoin Magazine Pro. With approximately 105,000 blocks remaining until then, the network finds itself slightly past the halfway mark of what is termed epoch five, which commenced following the halving that occurred in April 2024.
These Bitcoin halving events transpire every 210,000 blocks, serving to cut miner rewards in half and thereby constricting the influx of new supply. Currently, miners are entitled to 3.125 BTC per block, a quantity set to decrease to approximately 1.562 BTC after the upcoming event. Daily issuance will consequently shrink from roughly 450 BTC to close to 225 BTC, further solidifying Bitcoin’s defined supply model, which has a hard cap of 21 million coins.
This built-in mechanism has historically bolstered Bitcoin’s narrative of scarcity. Previous halving events in 2012, 2016, 2020, and 2024 were followed by significant price surges, as diminished issuance coincided with persistent demand. However, the current cycle is exhibiting a different trajectory.
Bitcoin has seen an appreciation of about 15% since the April 2024 halving, climbing from approximately $64,000 to around $74,000. The digital asset reached a zenith near $126,000 in October 2025 before experiencing a downturn to about $60,000 in February. The present cycle is characterized by more subdued gains when contrasted with preceding periods, a trend often attributed to BTC’s expanding market capitalization and wider adoption.
Substantial capital infusions are now necessary to propel price increases, leading to reduced volatility and more moderate market trends. Continued institutional involvement is playing a role in shaping market dynamics, with spot Bitcoin exchange-traded funds attracting considerable investment.
More recent price movements have also been influenced by activity in the derivatives market. BTC experienced a climb from approximately $70,700 to over $76,000 within a span of roughly two days, as the liquidation of leveraged short positions fueled upward momentum. Approximately $225 million in positions were liquidated during this surge.
Concurrently, miners are facing increased pressure due to the reduction in block rewards. Diminished issuance could squeeze profit margins, compelling operators to rely more heavily on transaction fees and to pursue scaling solutions.
Bitcoin miners are redirecting efforts toward AI
Bitcoin miners are increasingly shifting their focus towards artificial intelligence as the profitability of their core mining operations diminishes. Post the 2024 halving, block rewards were halved, while expenses for energy, cooling, and hardware remained high, thereby compressing profit margins throughout the sector.
In response, miners are repurposing their existing infrastructure – encompassing power-intensive data centers, cooling systems, and physical locations – into high-performance computing centers tailored for AI workloads. This strategic pivot enables them to access more consistent, long-term revenue streams, driven by the escalating demand for AI training and inference services.
Several companies, including TeraWulf and Core Scientific, have already entered into multi-billion-dollar hosting agreements for AI purposes, while other entities are diverting capital away from their Bitcoin holdings to finance the construction of data centers.
According to the portal: bitcoinmagazine.com