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Topic: when will all btc be mined? - page 3. (Read 3503 times)

legendary
Activity: 1401
Merit: 1008
northern exposure
December 16, 2014, 05:13:23 PM
#9
yep, get em while they's cheap.

+1 Wink there is a long road yet for BTC, ppl should understand it and start to care about invest on it...


The estimate is 2140 based on the block reward halving frequency of four years.

lol i was thinking arround 2040, 2140 is just awesome...
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
December 16, 2014, 04:36:35 PM
#8
Interestingly, it will take more than 30 years to mine "the last" bitcoin.

The 20,999,998.9769th bitcoin will be mined at block 5121610 somewhere around the year 2106.
The last block reward will mine the 20,999,999.9769th occur in block 6930000 somewhere around the year 2140.

That means it will take nearly 34 years to mine that last full bitcoin.
it is an incredible thing,while today we have 25 new bitcoins every 10 minutes  Shocked
we hope bitcoin is more valuable in that days

yep, get em while they's cheap.
hero member
Activity: 854
Merit: 1000
December 16, 2014, 03:34:02 PM
#7
Interestingly, it will take more than 30 years to mine "the last" bitcoin.

The 20,999,998.9769th bitcoin will be mined at block 5121610 somewhere around the year 2106.
The last block reward will mine the 20,999,999.9769th occur in block 6930000 somewhere around the year 2140.

That means it will take nearly 34 years to mine that last full bitcoin.
it is an incredible thing,while today we have 25 new bitcoins every 10 minutes  Shocked
we hope bitcoin is more valuable in that days
legendary
Activity: 3472
Merit: 4801
December 16, 2014, 02:57:35 PM
#6
Interestingly, it will take more than 30 years to mine "the last" bitcoin.

The 20,999,998.9769th bitcoin will be mined at block 5121610 somewhere around the year 2106.
The last block reward will mine the 20,999,999.9769th and will occur in block 6930000 somewhere around the year 2140.

That means it will take nearly 34 years to mine that last full bitcoin.
hero member
Activity: 854
Merit: 1000
December 16, 2014, 02:27:16 PM
#5
The estimate is 2140 based on the block reward halving frequency of four years.

Well That's a really long long time , we would be all dead by then Shocked Let's hope that Bitcoin will live Wink
Block   Reward Era   BTC/block    Year                   Start BTC             BTC Added   End BTC                    BTC Increase   End BTC % of Limit

840000   5   3.12500000   2024.978   19687500.00000000   656250.00000000   20343750.00000000   3.33333333%   96.87500011%
1050000   6   1.56250000   2028.971   20343750.00000000   328125.00000000   20671875.00000000   1.61290323%   98.43750011%
1260000   7   0.78125000   2032.964   20671875.00000000   164062.50000000   20835937.50000000   0.79365079%   99.21875011%
1470000   8   0.39062500   2036.956   20835937.50000000   82031.25000000   20917968.75000000   0.39370079%   99.60937511%
1680000   9   0.19531250   2040.949   20917968.75000000   41015.62500000   20958984.37500000   0.19607843%   99.80468761%
1890000   10   0.09765625   2044.942   20958984.37500000   20507.81250000   20979492.18750000   0.09784736%   99.90234386%
2100000   11   0.04882812   2048.934   20979492.18750000   10253.90520000   20989746.09270000   0.04887585%   99.95117198%
2310000   12   0.02441406   2052.927   20989746.09270000   5126.95260000   20994873.04530000   0.02442599%   99.97558604%
2520000   13   0.01220703   2056.920   20994873.04530000   2563.47630000   20997436.52160000   0.01221001%   99.98779307%
2730000   14   0.00610351   2060.913   20997436.52160000   1281.73710000   20998718.25870000   0.00610426%   99.99389658%

actually,all bitcoin will be mined soon
sr. member
Activity: 353
Merit: 250
Zichain
December 16, 2014, 01:48:51 PM
#4
The estimate is 2140 based on the block reward halving frequency of four years.

Well That's a really long long time , we would be all dead by then Shocked Let's hope that Bitcoin will live Wink
legendary
Activity: 1708
Merit: 1036
December 16, 2014, 01:40:39 PM
#3
The intensity of mining (hashrate) has (virtually) no impact on the rate at which bitcoins are mined. BTC are currently mined at 25 BTC every 10 minutes, the reward halving every 4 years (next in 2016). I believe this runs until ~2140 AD.
hero member
Activity: 854
Merit: 1000
December 16, 2014, 01:40:09 PM
#2
The estimate is 2140 based on the block reward halving frequency of four years.
sr. member
Activity: 286
Merit: 250
December 16, 2014, 01:38:17 PM
#1
I know this question have been answered before but still i would like to know with all the new investor in big mining central,i would like to know if we will reach the mining final sooner than the early calculation estimated.

guys keep it simple,smile and cheese Smiley
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