2140
False, it will be ealier than 2140 ^^
Network power is more likely to grow than to drop and difficulty adjustments lag behind.
My guess would be 2120.
Topic: Please GUESS!! - page 2. (Read 1268 times)
False, it will be ealier than 2140 ^^
Network power is more likely to grow than to drop and difficulty adjustments lag behind.
My guess would be 2120.
Wow, you really think it will take that long? If it does get harder to mine wont less and less people think that its worth the electricity and stop befpre the end?
Yep...that is how they were built. They will keep halving the block rewards till 2140. You can read more on the basics here:
http://en.wikipedia.org/wiki/Bitcoin
Quote
In addition to archiving transactions, each new ledger update creates some newly minted bitcoins. The number of new bitcoins created in each update is halved every 4 years until the year 2140 when this number will round down to zero. At that time no more bitcoins will be added into circulation and the total number of bitcoins will have reached a maximum of 21 million bitcoins.
Wow, you really think it will take that long? If it does get harder to mine wont less and less people think that its worth the electricity and stop befpre the end?
2140
Might aswel give it a shot birdy - So you think 2063? I think much sooner.....
You will have to wait at least 50+ years until the giveaway then...
The block reward halves after a certain amount of Bitcoins are mined, so it will take very long until the last rewards are given.
The block reward halves after a certain amount of Bitcoins are mined, so it will take very long until the last rewards are given.
Haha I wish I had the money to give away! I will be held to a 0.10 Bitcoin giveaway if someone guesses the correct date though. And obviously that means guessing the date long before the end - not a few days before!
So who is Stunna and can we get in touch with him? This will be a great way to get publicity for anyones website if a prize is offered... Well more than my .10 Bitcoin anyway!
So who is Stunna and can we get in touch with him? This will be a great way to get publicity for anyones website if a prize is offered... Well more than my .10 Bitcoin anyway!
All I read was "Maybe I can get some person that has more money than me to give it away because i'm a greedy little bitch"
All joking aside, Stunna would probably be more likely to do a giveaway
All joking aside, Stunna would probably be more likely to do a giveaway
Bitcoins are slowly but surely running out....
At the time of writing this there are currently 11674425 in circulation having been mined. So we are nearly at the 12 Million mark. The cap is at 21 Million.
Recent stats show:
Blocks Mined 174.00
Time Between Blocks 8.28 (minutes)
Bitcoins Mined 4,350 BTC
The stats are for the last 24 hour period.
So my question is this - WHAT DATE DO YOU PREDICT THE BITCOINS TO ALL HAVE BEEN MINED?
?
There are going to be more and more miners added to the network as time goes along so take this into consideration.
If someone gets the date right we will try and get the owner of JUST-DICE.COM to sponsor a PRIZE!
At the time of writing this there are currently 11674425 in circulation having been mined. So we are nearly at the 12 Million mark. The cap is at 21 Million.
Recent stats show:
Blocks Mined 174.00
Time Between Blocks 8.28 (minutes)
Bitcoins Mined 4,350 BTC
The stats are for the last 24 hour period.
So my question is this - WHAT DATE DO YOU PREDICT THE BITCOINS TO ALL HAVE BEEN MINED?
?There are going to be more and more miners added to the network as time goes along so take this into consideration.
If someone gets the date right we will try and get the owner of JUST-DICE.COM to sponsor a PRIZE!
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