Adopter, advocate, speculator, investor, trader, and hodler of Bitcoin. To the moon!
Two Weeks™ To-Do List:
It's probably better if you just asked what I was up to.
Bitcoins are created each time a user discovers a new block. The rate of block creation is adjusted every 2016 blocks to aim for a constant two week adjustment period (equivalent to 6 per hour or every 10 minutes). The number of bitcoins generated per block is set to decrease geometrically, with a 50% reduction every 210,000 blocks, or approximately four years. The result is that the number of bitcoins in existence is not to exceed 21 million.