Topic: Bitcoin halving table - page 2. (Read 2645 times)
Lots of speculation about the Bitcoin halvation but no way to tell the specific date.
it shows that after some time block reward will be halved does that mean that difficulty will be increased by 2x?
No. It means that the reward will be reduced to 12.5 BTC per block.
But in a way you are right. Mining will instantly become 2x less profitable. And difficulty will most likely (at least temporarily) drop, because older hardware that will not be profitable will be shut off...
But there is also a chance that by then the transaction fees will have a much more significant volume, so the block halving will not have such a big impact.
Currently fees are less than 1% of what miners get. Usualy 0.5 - 0.1%
it shows that after some time block reward will be halved does that mean that difficulty will be increased by 2x?
Is there something somewhere that says when bitcoins will halve? Also, are there estimated dates for that happening? If so, where can I find it? Same with other crypto coins.
check this site : http://bitcoinclock.com/ it will be helpful for you .
thank you for the tip site up! was very most useful
You're welcome , I'm waiting the next block reward halving [~ 31-07-2016] -- (I really want to see what will happen to the bitcoin price).
Is there something somewhere that says when bitcoins will halve? Also, are there estimated dates for that happening? If so, where can I find it? Same with other crypto coins.
check this site : http://bitcoinclock.com/ it will be helpful for you .
thank you for the tip site up! was very most useful
I suppose theoretically we should expect btc price to go up when the next halving took place. I mean the reward of solving a block is getting less, thus should indirectly reduces supply of new coins to the open market. I wonder....
1800 BTC a day less is very likely to cause a price increase. That coupled with the expectation of a price increase around the halving will likely make it a self fulfilling prophecy.
I suppose theoretically we should expect btc price to go up when the next halving took place. I mean the reward of solving a block is getting less, thus should indirectly reduces supply of new coins to the open market. I wonder....
Is there something somewhere that says when bitcoins will halve? Also, are there estimated dates for that happening? If so, where can I find it? Same with other crypto coins.
The date & time u'll find are just estimation. For bitcoin, reward gets halved at every 210,000 blocks found. Now, the estimated date & time will vary depending on how fast the blocks are found.
There are sites for Bitcoin and Litecoin that are somewhat reliable. The exact date depends on the hashrate until then, and the other altcoins mostly have very large swings so the estimates are very inaccurate.
http://bitcoinclock.com/
http://bitstacks.org/litecoinClock.html
http://bitcoinclock.com/
http://bitstacks.org/litecoinClock.html
Is there something somewhere that says when bitcoins will halve? Also, are there estimated dates for that happening? If so, where can I find it? Same with other crypto coins.
check this site : http://bitcoinclock.com/ it will be helpful for you .
Is there something somewhere that says when bitcoins will halve? Also, are there estimated dates for that happening? If so, where can I find it? Same with other crypto coins.
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