Bitfinex Sees Bitcoin Issuance at About 0.4% After 2028 Halving

Bitfinex estimates Bitcoin (BTC) will issue new coins at an annual rate of about 0.4% after its expected 2028 halving, quantifying the network’s projected supply growth after the reward cut.

Bitfinex also gave Ether (ETH) an annual supply growth range of 0.8% to 0.9%.

Bitcoin’s mining reward is cut in half every 210,000 blocks, or roughly every four years. The April 20, 2024, halving lowered the reward to 3.125 BTC per block. The next reduction is estimated for 2028, though its calendar timing can shift as block production varies.

The issuance rules for Bitcoin and Ethereum differ, including Bitcoin’s recurring block-reward cuts.