Topic: Bitcoin you should know,actually will finished in 2023 (Read 166 times)
no body care about this...
Bitcoin basic knowledge:
1 : The new block conning each 10 minutes. Actually, the current data is around 9 minutes. It depends on the calculation speed.
2: For each 210,000 blocks, mining incentives will be halved. Each block will be awarded 50 BTC initially, 25 BTC after 210,000, 12.5 BTC after 420,000, and so on.
3: The origin of the total amount of 21 million is due to half of the rewards for each 210,000 units. After the final reward of each block is 0.00000001, all the coins are dug.
you want mining till to 2140? No! Based on the basic knowledge, we can see 93% will be left in 2023.after 2034,only 1% can be mining. Don't be misled by theoretical knowledge. Thank you all and hope can help everyone！
block Award Award total Reward half time speed（min） ratio total
0 - 0 2009/1/9 - - -
210000 50.00000000 10500000 2012/11/28 9.73 50.00% 50.00%
420000 25.00000000 15750000 2016/7/9 9.04 25.00% 75.00%
630000 12.50000000 18375000 2020/2/18 9.04 12.50% 87.50%
840000 6.25000000 19687500 2023/9/29 9.04 6.25% 93.75%
1050000 3.12500000 20343750 2027/5/10 9.04 3.13% 96.88%
1260000 1.56250000 20671875 2030/12/19 9.04 1.56% 98.44%
1470000 0.78125000 20835937.5 2034/7/30 9.04 0.78% 99.22%
1680000 0.39062500 20917968.75 2038/3/10 9.04 0.39% 99.61%
1890000 0.19531250 20958984.38 2041/10/19 9.04 0.20% 99.80%
2100000 0.09765625 20979492.19 2045/5/30 9.04 0.10% 99.90%
2310000 0.04882813 20989746.09 2049/1/8 9.04 0.05% 99.95%
2520000 0.02441406 20994873.05 2052/8/19 9.04 0.02% 99.98%
2730000 0.01220703 20997436.52 2056/3/30 9.04 0.01% 99.99%
2940000 0.00610352 20998718.26 2059/11/9 9.04 0.01% 99.99%
3150000 0.00305176 20999359.13 2063/6/20 9.04 0.00% 100.00%
3360000 0.00152588 20999679.57 2067/1/29 9.04 0.00% 100.00%
3570000 0.00076294 20999839.78 2070/9/9 9.04 0.00% 100.00%
3780000 0.00038147 20999919.89 2074/4/20 9.04 0.00% 100.00%
3990000 0.00019073 20999959.95 2077/11/29 9.04 0.00% 100.00%
4200000 0.00009537 20999979.97 2081/7/10 9.04 0.00% 100.00%
4410000 0.00004768 20999989.99 2085/2/18 9.04 0.00% 100.00%
4620000 0.00002384 20999994.99 2088/9/29 9.04 0.00% 100.00%
4830000 0.00001192 20999997.5 2092/5/10 9.04 0.00% 100.00%
5040000 0.00000596 20999998.75 2095/12/20 9.04 0.00% 100.00%
5250000 0.00000298 20999999.37 2099/7/31 9.04 0.00% 100.00%
5460000 0.00000149 20999999.69 2103/3/12 9.04 0.00% 100.00%
5670000 0.00000075 20999999.84 2106/10/21 9.04 0.00% 100.00%
5880000 0.00000037 20999999.92 2110/6/1 9.04 0.00% 100.00%
6090000 0.00000019 20999999.96 2114/1/10 9.04 0.00% 100.00%
6300000 0.00000009 20999999.98 2117/8/21 9.04 0.00% 100.00%
6510000 0.00000005 20999999.99 2121/4/1 9.04 0.00% 100.00%
6720000 0.00000002 21000000 2124/11/10 9.04 0.00% 100.00%
1 : The new block conning each 10 minutes. Actually, the current data is around 9 minutes. It depends on the calculation speed.
2: For each 210,000 blocks, mining incentives will be halved. Each block will be awarded 50 BTC initially, 25 BTC after 210,000, 12.5 BTC after 420,000, and so on.
3: The origin of the total amount of 21 million is due to half of the rewards for each 210,000 units. After the final reward of each block is 0.00000001, all the coins are dug.
you want mining till to 2140? No! Based on the basic knowledge, we can see 93% will be left in 2023.after 2034,only 1% can be mining. Don't be misled by theoretical knowledge. Thank you all and hope can help everyone！
block Award Award total Reward half time speed（min） ratio total
0 - 0 2009/1/9 - - -
210000 50.00000000 10500000 2012/11/28 9.73 50.00% 50.00%
420000 25.00000000 15750000 2016/7/9 9.04 25.00% 75.00%
630000 12.50000000 18375000 2020/2/18 9.04 12.50% 87.50%
840000 6.25000000 19687500 2023/9/29 9.04 6.25% 93.75%
1050000 3.12500000 20343750 2027/5/10 9.04 3.13% 96.88%
1260000 1.56250000 20671875 2030/12/19 9.04 1.56% 98.44%
1470000 0.78125000 20835937.5 2034/7/30 9.04 0.78% 99.22%
1680000 0.39062500 20917968.75 2038/3/10 9.04 0.39% 99.61%
1890000 0.19531250 20958984.38 2041/10/19 9.04 0.20% 99.80%
2100000 0.09765625 20979492.19 2045/5/30 9.04 0.10% 99.90%
2310000 0.04882813 20989746.09 2049/1/8 9.04 0.05% 99.95%
2520000 0.02441406 20994873.05 2052/8/19 9.04 0.02% 99.98%
2730000 0.01220703 20997436.52 2056/3/30 9.04 0.01% 99.99%
2940000 0.00610352 20998718.26 2059/11/9 9.04 0.01% 99.99%
3150000 0.00305176 20999359.13 2063/6/20 9.04 0.00% 100.00%
3360000 0.00152588 20999679.57 2067/1/29 9.04 0.00% 100.00%
3570000 0.00076294 20999839.78 2070/9/9 9.04 0.00% 100.00%
3780000 0.00038147 20999919.89 2074/4/20 9.04 0.00% 100.00%
3990000 0.00019073 20999959.95 2077/11/29 9.04 0.00% 100.00%
4200000 0.00009537 20999979.97 2081/7/10 9.04 0.00% 100.00%
4410000 0.00004768 20999989.99 2085/2/18 9.04 0.00% 100.00%
4620000 0.00002384 20999994.99 2088/9/29 9.04 0.00% 100.00%
4830000 0.00001192 20999997.5 2092/5/10 9.04 0.00% 100.00%
5040000 0.00000596 20999998.75 2095/12/20 9.04 0.00% 100.00%
5250000 0.00000298 20999999.37 2099/7/31 9.04 0.00% 100.00%
5460000 0.00000149 20999999.69 2103/3/12 9.04 0.00% 100.00%
5670000 0.00000075 20999999.84 2106/10/21 9.04 0.00% 100.00%
5880000 0.00000037 20999999.92 2110/6/1 9.04 0.00% 100.00%
6090000 0.00000019 20999999.96 2114/1/10 9.04 0.00% 100.00%
6300000 0.00000009 20999999.98 2117/8/21 9.04 0.00% 100.00%
6510000 0.00000005 20999999.99 2121/4/1 9.04 0.00% 100.00%
6720000 0.00000002 21000000 2124/11/10 9.04 0.00% 100.00%
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