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July 9, 2016 05:15 pm GMT
It’s Halvening!!! Bitcoin just experienced a major milestone in its short little lifespan. The reward for mining a block (a block = a ledger of transaction data) was just cut in half from 25 bitcoins to 12.5 bitcoins. This means that assuming a price of $650 per coin, going forward miners will make ~$8,125 per block they mine, compared to $16,250 before the halving. But… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/FyezBBAMrQk/
The reward for mining Bitcoin was just cut in half
It’s Halvening!!! Bitcoin just experienced a major milestone in its short little lifespan. The reward for mining a block (a block = a ledger of transaction data) was just cut in half from 25 bitcoins to 12.5 bitcoins. This means that assuming a price of $650 per coin, going forward miners will make ~$8,125 per block they mine, compared to $16,250 before the halving. But… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/FyezBBAMrQk/
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