$48651.54
BTCUSD
4640
age (days)
701077
blocks
About
Adopter, advocate, speculator, investor, trader, and hodler of Bitcoin. To the moon!
Two Weeks™ To-Do List:
- Add a Portfolio of Projects
- Add a Blog
- Display other cool crypto shit
It's probably better if you just asked what I was up to.
Bitcoin Block Reward Halving
The next coin reward will decrease from 12.5 to 6.25 coinsBitcoins 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.