I never seen a block that doest that.. I thought every block is 25 bitcoin reward..
Yes, it's 25 bitcoin now but not forever. It was 50 till the end of 2012.
The reward halving happens every 210,000 blocks (about 4 years if difficulty is stable).
Topic: Next block halving (Read 1474 times)
Yes, it's 25 bitcoin now but not forever. It was 50 till the end of 2012.
The reward halving happens every 210,000 blocks (about 4 years if difficulty is stable).
I never seen a block that doest that.. I thought every block is 25 bitcoin reward..
Dam I remember the good ol' days when I mined at 50btc reward blocks. Now it's only 25btc/block, but at the same time btc value increased much more than double. So if the past predicts the future, then halving to 12.5btc/block will more than double current price as well.
Here's to hoping...
Good timesHere's to hoping...
You mean that awesome time where they were worth 1/100th of what they are now? I'm glad we've developed and bitcoin is being regarded as the valuable commodity that it is.
Though obviously price isn't everything. I remember mining using my laptop and getting half a bitcoin in a week and thinking it was the lamest thing ever. Now my 7gh wont get me that in a year.
Dam I remember the good ol' days when I mined at 50btc reward blocks. Now it's only 25btc/block, but at the same time btc value increased much more than double. So if the past predicts the future, then halving to 12.5btc/block will more than double current price as well.
Here's to hoping...
Good times Here's to hoping...
Dam I remember the good ol' days when I mined at 50btc reward blocks. Now it's only 25btc/block, but at the same time btc value increased much more than double. So if the past predicts the future, then halving to 12.5btc/block will more than double current price as well.
Here's to hoping...
Here's to hoping...
Hopefully by then transactions will reach a volume to offset some of the lost mining rewards.
legendary
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Core dev leaves me neg feedback #abuse #political
Strange meme... Who's that?
You obviously haven't spent enough Time on memegenerator.net
How long does it takes to reach the next block halving?
Am I the only one who is thinking about establishing a countdown website?
Sorry guys, but couldn't you read just some posts above yours before posting?
Thanks for the link its long time to go and i believe till that happen BTC will reach $2000...
Am I the only one who is thinking about establishing a countdown website?
How long does it takes to reach the next block halving?
I cant wait to see how this affects the price of BTC. What do you guys think it will do?
I think when the reward halves, it will be almost identical to a one day
difficuly increase of 100%. I don't want to be that guy that just bought
his shiny new 50 TH/s miner the day before and watch it depreciate 50%
overnight. Worse than buying a new car.
difficuly increase of 100%. I don't want to be that guy that just bought
his shiny new 50 TH/s miner the day before and watch it depreciate 50%
overnight. Worse than buying a new car.
What do you think the effect will be
Thanks for the link its long time to go and i believe till that happen BTC will reach $2000...
When is that going to happen?
It's called "successful black man." It uses racist stereotypes to surprise the viewer humorously.
Won't lie, the quotes make that kind of hilarious in its own way.
It's called "successful black man." It uses racist stereotypes to surprise the viewer humorously.
Strange meme... Who's that?
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