Bitcoin’s Block Reward Halving is One Year Away: Here’s What It Means

2019-6-6 21:28

Bitcoin’s block reward is scheduled to drop from 12. 5 BTC to 6. 25 BTC on May 22, 2020 at 7:48:03 UTC. That’s less than a year away – so we decided to explore how bitcoin’s block reward halving will affect you.

Bitcoin’s block reward gets cut in half every 210,000 blocks – or roughly every four […].

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45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving

On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are not profitable right now at today’s […] The post 45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving appeared first on Bitcoin News.

2020-5-19 19:45


In a Tale of Two Opposing Views, Bitcoin Enthusiast Says Security Won’t Suffer Due to Block Reward Reduction

Linux Kernel developer, also part of Blockstream, Rusty Russell, expressed his concerns regarding block rewards and how they are decreasing. He shoots back at original post published by Dan Held, who made arguments as to why Bitcoin’s security is fine, and it seems like Giacomo Zucco is siding with the latter. Fears of #bitcoin security […]

2019-5-30 19:05


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Satoshi’s Treasure: The Chase Is on for a $1 Million Bitcoin Prize

A treasure hunt for $1 million worth of bitcoin is officially underway. In a cryptic, rambling message broadcasted to the Blockstream Satellite on April 13, 2019, an anonymous user challenged the rest of the Bitcoin community to a million dollar hunt for what they called “Satoshi’s Treasure,” a contest which will “test the resolve, courage, intelligence, and savvy [sic] of would-be hunters,” the game master claimed.

2019-4-16 23:28


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Bitcoin Billionaire Zhao Dong: Bitcoin Is Likely to Fluctuate Between $4,000 and $6,000 for Half a Year

With bitcoin’s recent surge to a five-month high, Zhao Dong, a bitcoin billionaire and one of China’s biggest over-the-counter (OTC) traders, recently claimed on Weibo that the sudden jump in bitcoin price does not mark the end of the bear market and that the original cryptocurrency will continue trading in a range likely between $4,000 and $6,000 for a few more months.

2019-4-9 20:21


Zcash (ZEC) Crypto Report by eToro Features Vitalik Buterin, Snowden, Winklevoss and ADA Leader Quotes

In its latest cryptocurrency report eToro, the social trading platform has chosen Zcash (ZEC) for evaluation. The money coin that has the maximum supply of 21 million ZEC follows the same block reward halving as of BItcoin that comes every four years where after reaching the value of 21 million ZEC will make it effectively […]

2019-3-18 21:07


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