Author

Topic: In about 13-15 months from now... (Read 1713 times)

full member
Activity: 126
Merit: 100
June 05, 2011, 03:39:49 PM
#8
But then Bitcoins will be worth what...$100US?
They could be worth less afaik.
legendary
Activity: 1022
Merit: 1001
June 05, 2011, 03:05:22 PM
#7
But then Bitcoins will be worth what...$100US?
newbie
Activity: 7
Merit: 0
June 05, 2011, 02:56:24 PM
#6
The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks.

That will be an interesting day.
http://www.citadelsaber.co.uk/img,624.jpg
hero member
Activity: 742
Merit: 500
June 05, 2011, 12:38:08 PM
#5
The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks.
That will be an interesting day.
For miners it's almost the same as just increasing difficulty twice.
And I think that 13 months is more than enough for increasing difficulty even more :)
sr. member
Activity: 406
Merit: 250
June 05, 2011, 12:37:27 PM
#4
It is merely the equivalent of a 100% increase in difficulty (from an individual miner's payout perspective). Historically, the difficulty has increased by over 100% every 5 weeks or so.
newbie
Activity: 23
Merit: 0
June 05, 2011, 12:36:49 PM
#3
*grown
member
Activity: 119
Merit: 100
June 05, 2011, 12:36:31 PM
#2
newbie
Activity: 48
Merit: 0
June 05, 2011, 12:34:09 PM
#1
The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks.

That will be an interesting day.
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