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Helium Halving Countdown

$9.09 3.63% Buy HNT
Halving Est. Halving Date HNT at Start of Year Total HNT Mined
#1 2019 0 60000000 HNT
#2 August 1st 2021 60,000,000 60000000 HNT
#3 Est. August 1st, 2023 120,000,000 30000000 HNT
#4 Est. August 1st, 2025 150,000,000 30000000 HNT

Market Cap

$1,462,242,491

Circulating Supply

160,875,442 HNT

Max Supply

223,000,000 HNT

Helium has been one of the more popular cryptocurrencies for some time now. Its popularity largely stems from the mining profitability that it provided in late 2021. While these profits have since dipped, many enthusiasts hope that the Helium halving phenomenon will eventually make them rise again.

When is the Next Helium Halving?

The next Helium halving date is expected to occur on August 1st, 2025. This is because Helium halving happens every 2 years, and the first one took place on the same date in 2021, while the second one - in 2023. Take a look at the HNT halving date counter above to see how much time is left until the next halving occurs!

When Will the Last Helium Halving Happen?

The HNT halving date schedule is set for 50 years, starting with the first issuance of the HNT tokens. Since the issuance happened in 2019, the last Helium halving date should be around August 1st, 2069.

What is the Helium Halving History?

Helium halving is a relatively new phenomenon. Unlike Bitcoin, Helium has only had a couple of halvings so far – back in 2021 and 2023. This cut the minted supply of HNT by half per two years – from 60 million to 30 million, and then to 15 million.

What is Helium Halving?

In short, Helium halving is a phenomenon that cuts the total supply of new HNT tokens in half every two years to bolster the deflationary features of said cryptocurrency.

That being said, Helium halving is a pretty difficult phenomenon to comprehend if you’ve never heard about it before. This is especially true if you’re new to Helium and its mining-related nuances. Thus, to gain a thorough understanding of HNT halving and how it affects the prices of this particular asset, you first need to learn about Helium as a whole.

Helium Mining: The Process & Its History

When talking about Helium mining, the very first thing that we need to establish is that Helium is NOT a Proof-of-Work cryptocurrency. Hear me out.

Proof-of-Work is a special consensus mechanism that allows people to earn crypto by employing their computers (or special mining rigs) to confirm and validate the transactions happening on any given PoW network. It’s a complex process, but to make things simpler, you can think of Bitcoin as the prime example.

If you want to earn BTC, you’ll need to “mine” it - configure your computer or purchase and build special rigs for this purpose. Then, depending on a variety of factors, you’ll be able to start earning some BTC.

The vast majority of the Proof-of-Work cryptocurrencies out there work in the same manner - there are exceptions, however. Once you figure out the Helium mining dates, you should also look into the HNT consensus mechanism.

With Helium, it’s called Proof-of-Coverage. It’s a very specific spin-off of Proof-of-Work.

Helium having: a mining device.

The way PoC works is pretty simple on the surface - the global map is segmented into different chunks, all of which need to be covered by miners. The less competition there is, and the more populated the area of the chunk you find yourself in, the bigger your mining rewards will be.

As you might have already heard, Helium mining also involves special custom-built machines. In other words, if you want to be truly efficient with your mining endeavors, you will need to purchase special Helium miners to aid you in the process.

While there’s a pretty broad variety of miner devices that you could purchase, all of them essentially work the same and are plug-and-play - simply turn it on, work on the settings, and leave it be.

With all that said, the Helium halving dates are likely going to be most important to anyone who’s been following the HNT token price action or participated in Helium mining activities in 2021.

That’s the year when Helium stepped into the spotlight as one of the most lucrative crypto assets to mine. At its peak, people would need to wait for months on end to receive their HNT miner, and you have individuals making over $2,000 - $3,000 per month simply from mining Helium.

Those are some crazy numbers! Of course, HNT was priced very differently as well - before crashing down and consolidating around the $4 mark, HNT peaked in price in November 2021 - specifically, it reached an all-time high of $55.22 per token.

How Does Helium Halving Work?

As we’ve established earlier in the text, the Helium halving happens every two years, starting from 2021. However, the very first token issuance happened in 2019 - thus, for two years, the Helium network (or rather, the miners) produced (mined) 60 million HNT tokens per year.

To get a better understanding of what I’m talking about, check out the table below:

Year from Launch HNT at Start of Year Total HNT Minted
1 0 60 million
2 60 million 60 million
3 120 million 30 million
4 150 million 30 million
... ... ...
50 239,999,989 3.6

Table: Helium halving schedule (source: official Helium website)

In the table above, “year 1” is 2019. This was when the token issuance began. Then, for two years, the Helium network minted 60 million tokens each, totaling 120 million at year three. During the third year (2021), the first halving took place, and the supply of minted HNT was cut in half for the following two years (30 million each).

Skipping further ahead, we end up at year 50 - earlier in the text, we established that this HNT halving date should occur sometime around August 1st, 2069. By then, so many Helium halving events will have happened that the total number of HNT tokens minted annually will shrink down to 3.6.

As you can see for yourself, the process of Helium halving is pretty straightforward. It’s actually even simpler than BTC halving - with that crypto asset, no one knows the exact date of when the halving will happen as it largely depends on the block mining speed.

With Helium, the HNT halving dates are a bit more consistent. Specifically, it is estimated that each halving will occur on August 1st of the designated year.

How do Helium Halvings Affect the Price of HNT?

It’s no secret that the purpose of Helium halvings is the same as with any other crypto asset out there (at least those that employ this mechanic) - to cause synthetic inflation of the HNT token price.

On paper, that makes a lot of sense. If you cut the total number of HNT tokens that are coming into circulation (being minted), this should create a certain scarcity, and if the demand remains high, this will drive up the price as a result.

As I said, this is how it should work on paper. However, what’s the reality - do the Helium halvings have any effect on the price of the mentioned token?

For starters, there have only been two HNT halving dates - August 1st, 2021, and August 1st, 2023. With Bitcoin, for example, there have been three halving events already, with the fourth approaching in 2024 - this makes for a bigger sample size. Following that, it’s worth keeping in mind that, with Helium, the hypothesis automatically becomes skewed.

Setting that aside, though, looking at the chart of the HNT token price around the time when the halvings happened, it does appear that the first halving influenced a price surge!

Helium halving: two halving events.

Before the first Helium halving, the price of the token fluctuated between $10 and $18 for some time. Right after, however, HNT saw a price increase of up to and over $26 per token.

After some consolidation, the token then exploded to its all-time high of $55.22 before crashing all the way down to where it is today.

The initial boost in price coincided with the HNT halving event, so it’s probably safe to assume that it definitely had some influence on the matter. However, it would be rather naive to think that the Helium token price rally was thanks to the halving alone.

Instead, this was a pretty fortunate coincidence. Specifically, the entire crypto market experienced a pretty long bull run throughout the better part of 2021. Starting at the beginning of the year, most crypto assets saw significant price increases - this was initially fuelled by the GME stock fiasco of the r/WallStreetBets subreddit and then backed by Elon Musk’s tweets about Dogecoin and Bitcoin.

In other words, it would seem that the Helium halving date was positioned at the perfect time - it took the initial price boost from the general market sentiments and pushed it even further! The second halving did not prove to be so fruitful, with it coinciding with but a small bump in price, followed by quick consolidation.

What are the Helium Halving Price Predictions for 2025?

The next Helium halving is quite a ways away - for a more specific timetable, take a look at the countdown at the top of the page! That said, with the event approaching, there’s also an increase in various HNT token price predictions online.

The very first thing that we need to establish before going further is that any and all price predictions regarding crypto assets shouldn’t be viewed as anything else but entertainment. No one knows for sure whether the price of a certain asset will rise or fall - this is *especially* true when it comes to a market as volatile and unpredictable as crypto!

With that being said, though, we can still make a few educated guesses and ponder where the price of the HNT token might go from here.

Helium is one of those crypto assets that have found themselves in a bit of an interesting and unique position regarding its price movements. We’ve already established that, same as with many other major assets, the HNT halving dates do influence a positive price trend for the token (based on the anecdotal evidence we have so far).

However, this alone might not suffice.

Helium halving: HNT trading volume.

Helium has found itself involved in some controversy surrounding its mining processes. This controversy, albeit complicated and multi-layers, comes down to this: there simply aren’t enough people who would use the HNT token for it to justify such a large number of miners around the world.

The initial surge in price didn’t do this matter any justice, either. With it came an unprecedented number of miners - this crashed the Helium mining device market and caused the price of the token to inflate even more.

Now, how is all of that an issue, and what does it have to do with the Helium halving?

Well, there are currently so many miners participating in HNT mining that the rewards received have tanked tremendously. Of course, the crash of the HNT price doesn’t really solve this issue, either.

To put it simply, the market has become oversaturated. Nowadays, in order to receive any notable rewards from mining HNT (and to break even on your miner, which can cost around $500 and more), you’d need to be super lucky location-wise - if you live in a huge city and are the only Helium miner about, that can be feasible. However, this is very rarely the case.

Relying on the Helium halving dates for a huge boost in price isn’t something that would make sense, either. While speculating on an HNT price prediction, it’s also important to note that halvings don’t really drive up the price in and of themselves - instead, it’s usually a combination of a few different factors.

So, in short, all of this means that the Helium price predictions could go either way - while the HNT halving date in 2025 could influence an inflationary price movement for the token, there will likely need to be other factors at play to make it truly notable.

The Significance of Helium Halvings

Up to this point, we’ve talked about the Helium halving dates, the general context behind how halvings work with this particular cryptocurrency, as well as the price changes of the HNT token regarding halving events.

The one last thing that we still need to ponder has to do with the effect that Helium halvings have on different parties, as well as the entire crypto community as a whole.

Miners

As you’ve probably gathered already, miners are going to be the biggest group of people impacted by Helium halvings. That’s kind of a given.

Since the halvings tend to influence the price of the token (or, at least, they should, theoretically speaking), this would also directly impact the profits that miners make from their mining hotspots. And it isn’t even an inverse-logic type of process, as it is with Bitcoin, where the smaller the price of the asset, the more miners join in, and vice versa.

Instead, with Helium, the number of miners doesn’t necessarily correlate with the price of the token. This is because of a few reasons.

Helium halving: Helium mining rigs.

First, there are fewer calculations involved. You don’t need to worry about using up a large amount of electricity or building a custom mining rig for thousands of dollars. Instead, it’s mostly a one-time investment to purchase your mining hotspot and then set it up. This, in turn, makes the concept more approachable to a broader range of crypto enthusiasts.

Secondly, compared to Bitcoin, Helium is still very young and doesn’t have a huge track record. Once again, this makes it difficult to predict how many miners will remain on the network consistently and how the mining profits will settle after a prolonged period.

No matter how you look at it, though, it’s pretty safe to assume that most miners are looking forward to the Helium halving dates since the direct goal of the halving process is to cause inflation of the underlying asset’s price. This, in turn, would result in higher mining profits!

Investors

When it comes to HNT halving, investors are in the exact same boat as the miners of this token. Specifically, if you’re a Helium investor who believes in the project, you’re probably looking forward to the halving events!

Naturally, though, halving might be a secondary issue - for starters, most investors tend to analyze the project and the most prominent issues that it may face. In Helium’s case, from an investor perspective, these would have to do with the already-discussed miner hotspot saturation.

Either way, the point of the matter remains the same - if you’re an investor in Helium that holds some HNT tokens, the Helium halving dates are surely something you’re probably looking forward to!

The General Crypto Community

While this is not something you might think about randomly, the Helium halving dates can actually have some significant influence on the rest of the crypto market as a whole.

There really aren’t any big mysteries for why that’s the case, either. As you might have noticed, the entire crypto industry is very interconnected. Whenever there’s negative news regarding some major crypto asset, the whole market tends to react negatively. Similarly, when there are positive sentiments published or some great news about BTC or ETH, most-all cryptos follow, price-wise as well.

Helium halving: three investors are talking.

The same can be said about Helium. While it’s far from being one of the top crypto assets by popularity and market cap, it’s still huge enough to influence some sentiment on a broader scale.

Now, sure - the HNT halving date isn’t something that crypto enthusiasts from around the world look into and track using countdown tools, such as the one above. That said, given the right circumstances, it can certainly prove to be a propelling factor as far as the general market sentiments are concerned!

Summary

In addition to the most burning question that you might have - the Helium halving date - we’ve also covered a pretty broad range of topics surrounding this particular piece of crypto technology. All of that information is relevant to gain a good understanding of the impact these halvings might have on this network, as well as the price of the token.

Let’s have a quick breakdown of the main points we’ve covered, shall we?

Key takeaways:

  • Helium halvings cut the HNT token total supply in half;
  • They happen every 2 years, starting from 2021;
  • After the first (and, as of yet - only) HNT halving, the token saw a massive surge in price (the halving coincided with other events on the market);
  • The purpose of the halvings is to inflate the price of the HNT token;
  • The last Helium halving is set to take place in the year 2069.

Helium halvings happen every two years, starting from August 1st, 2021. The next halving is anticipated to occur on the same date in August 2025 - while the specific day might differ, the schedule should remain more on less on track, so it’s a bit more predictable than that of, say, Bitcoin.

During the Helium halving event, the total supply of minted HNT tokens is cut in half for the upcoming two years. This will continue until, in 50 years’ time, there will be 3.6 HNT tokens minted per year.

Like many other cryptocurrencies on the market, this is done to cause synthetic inflation of the HNT token’s price. As of writing this, there have been two halvings (back in 2021 and 2023) - the first one happened to coincide with a major price surge of the token. Naturally, though, it’s safe to assume that there were other, third-party factors at play, as well.

This leads us to the Helium price prediction. For the next HNT halving date to be successful in inflating the price of said asset, Helium needs to figure out the miner saturation issue that it currently faces - according to some experts, with so many people using mining hotspots to mine HNT, the token simply isn’t being used enough, and thus, it results in a stable decrease in price.

Conclusions

That’s it - you now know both about the upcoming Helium halving dates, as well as what to expect from this particular piece of crypto tech. Whether you’re a miner, an investor, or a general crypto enthusiast who has just recently stumbled on Helium, one thing’s for sure - tracking the HNT halving dates, as well as those of other halving-employing crypto projects, is important.

How so? Well, if you’re aware of when each major halving event will take place, you can be among the first ones to react accordingly - it can be a great point of research as well!

If you’re looking to track HNT halvings in a hassle-free manner, make sure to check out our countdown above. Thanks for reading, and good luck in your crypto ventures to come!

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