Live Countdown — Era 2

Next TAO Halving Clock

Bittensor emissions halve again around December 2029 — dropping from 3,600 to 1,800 TAO/day.

1357

Days

01

Hours

36

Minutes

11

Seconds

Target date: ~Dec 11, 2029 · Updates every second

3,600 TAO

Current Daily Emissions

Era 2 (post Dec 2025 halving)

1,800 TAO

After Next Halving

~Dec 2029 target

~9,773,281

Blocks Until Halving

est. based on 12s/block

45.7%

% of Max Supply Minted

of 21M TAO

Halving History & Schedule

TAO follows Bitcoin's deflationary issuance model — emissions halve every ~4 years

Genesis20217,200 TAO/day

Network launched. Full emissions to bootstrap miners and validators.

Halving 1Dec 14, 20253,600 TAO/day

First halving completed. Daily emissions permanently cut to 3,600 TAO.

Halving 2~Dec 20291,800 TAO/day

Next halving. Emissions drop to 1,800 TAO/day as scarcity deepens.

Halving 3~2033900 TAO/day

Third halving. Only 900 TAO minted per day.

Halving 4~2037450 TAO/day

Fourth halving. Supply growth approaches its asymptote.

Why the Halving Matters

Three structural effects every TAO holder should understand

Scarcity Effect

Each halving permanently cuts the rate of new TAO entering circulation. With demand growing and supply issuance shrinking, basic economics points to upward price pressure — the same structural force that has driven Bitcoin's appreciation over time.

Historical BTC Pattern

Bitcoin's halvings in 2012, 2016, 2020, and 2024 each preceded a major bull market. Supply shocks of this nature take months to fully reprice as the market absorbs the new issuance reality. TAO is following an identical schedule.

Staking Yield Impact

As block rewards halve, staking APY compresses in nominal TAO terms. However, if TAO's price rises to reflect the reduced supply growth — as it did post-Halving 1 — real yields can remain attractive for early stakers.

Emissions Schedule

Daily TAO minted per day — step-down halving every ~4 years

Daily TAO Emissions

New TAO minted per day — halving every ~4 years

Actual/Projected Current level (3,600/day)

Position before the next halving

Stack TAO or stake it to earn yield while emissions are still at 3,600/day.