Reward-Drop ETA date: 20 Jun 2020 23:34:38 The Bitcoin block mining reward halves every 210,000 blocks, the coin reward will decrease from 12 to 6 coins.Total Bitcoins in circulation:16,408,500 Total Bitcoins to ever be produced:21,000,000 Percentage of total Bitcoins mined:78.14% Total Bitcoins left to mine:4,591,500 Total Bitcoins left to mine until next blockhalf:1,887,840 Bitcoin price (USD):$2,669.30 Market capitalization (USD):$43,799,209,050.00 Bitcoins generated per day:1,728 Bitcoin inflation rate per annum:3.92% Bitcoin inflation rate per annum at next block halving event:1.73% Bitcoin inflation per day (USD):$4,612,550 Bitcoin inflation until next blockhalf event based on current price (USD):$5,039,211,312 Total blocks:472,680 Blocks until mining reward is halved:157,320 Approximate block generation time:10.00 minutes Approximate blocks generated per day:144 Difficulty:711,697,198,174 Hash rate:4.93 Exahashes/s Litecoin Block Halving Countdown

Join our Telegram Channel!Get Bitcoin News stories in Telegram × DismissWHAT IS BITCOIN HALVING?In the Bitcoin network, user transactions are grouped in blocks and recorded to a digital public ledger called a blockchain.Miners are in charge of this task, and receive a mining reward in the form of bitcoins for each block recorded.The amount of bitcoins rewarded for each block decreases with time: it is halved every 4 years.This event, the moment when the mining reward is divided by 2, is commonly called "Bitcoin halving".Other denominations are used: "reward drop", "reward halving", or simply "the halving" or "the Halvening" which is a popular meme among bitcoiners.When Bitcoin was created in 2009, the initial reward was 50 bitcoins.In november 2012, it dropped to 25btc after the first halving.The second halving will take place in July 2016, decreasing the reward to 12.5btc.WHAT IS THE IMPACT ON BITCOIN PRICE?As any freely traded asset, Bitcoin price depends solely on demand and supply.

The evolution of bitcoins supply is hard coded and is known to everyone, so it all depends on the evolution of demand.Bitcoin being a very young currency with much room to grow in use and value, I would personally bet on a price increase.It remains 100% unpredictable.One thing is certain though: at the time of Halving, the supply reduction will already be priced in the exchange rate, thanks to market anticipation.So don't expect a big price movement on Halving Day.Note that other examples of halvings are available for comparison.The first Bitcoin halving occurred on the 28th of November 2012.On that day the price went up +1.7%, a negligible move.However the preceding and following months showed continued growth and led to the famous early-2013 rally (from 13$ to 260$ in 4 months).More recently, the Litecoin, a Bitcoin clone, passed its first halving on August 25th, 2015.Two months before, a wild speculative rally took the price from 2$ to more than 8$, before crashing back to 3$.What is certain for this second Bitcoin halving is that similar wild, speculative, short-term rallies and crashes will occur.

The interesting observation will be, on a larger time-scale, to see if the up-trend that Bitcoin price has been experiencing since its inception in 2009 will continue its path.bitcoin achat canadaHOW DOES THIS SITE WORK?bitcoin ham radioThis web page is connected to several web APIs to provide real-time data about the Bitcoin network.The new block announcement is obtained through a websocket established with blockchain.info.The spot price is provided by Bitstamp web API.litecoin para kazanmaBitcoin Core’s innovative solution designed to scale the Bitcoin network by moving witness data outside the traditional block structure is finally approaching its release.bitcoin scrypt version

The Bitcoin Core team announced on Twitter that the Segregated Witness release is on its “final countdown,” with various tests and necessary information in place to upgrade the Bitcoin network.ethereal bug d2Segregated Witness is a sophisticated scaling technology designed to provide two major benefits to Bitcoin miners, users, and businesses: elimination of malleability and capacity increase.bitcoin regulation new zealandInitially, the Segwit proposal was drafted as a solution to the ongoing block size debate.ethereum os freeIt attempted to decrease the block size of the Bitcoin network by allowing new-style blocks to hold more data than older-style blocks.trump soho bitcoinThe Bitcoin Core team and the majority of the Bitcoin community believed that Core’s Segwit is the right way to approach the block size debate, instead of the irrational implementation of hard forks that may potentially cause harm to the network.bitcoin ceo killed

Segregated Witness required an unparalleled volume of testing and analysis as it makes important changes to the peer-to-peer network code.To ensure a safe and secure deployment of Segwit, Core developers ran extensive tests to measure the performance of Segwit and its overall impact on the Bitcoin network.To Bitcoin Core’s credit, the code of Segregated Witness was fully operational by the end of 2015, despite heavy criticisms that the development team has received over the past 12 months for their “inefficiency.” Since then, Core in collaboration with various wallet service providers and Bitcoin-based platforms that ran tests in segnet, which also enabled wallet operators to test their code for generating Segwit transactions.This period of time proved to be a crucial stage in the development and deployment of Segwit, as the Core team were able to discover some issues and implement solutions for permanent fix.The Core team ran another Segwit network test on Bitcoin’s testnet, which conducted a wider range of tests with other programs that were not upgraded for Segwit.