Difficulty: Bitcoin Difficulty: 711,697,198,174 Estimated Next Difficulty: Adjust time: Hashrate(?): 5,053,301,801 GH/s Block Generation Time(?): Updated: Chart Explained The difficulty.The estimated next difficulty.Average block generation time of 2016 blocks.Block generation time is also known as confirmation time.Average block generation time of 1008 blocks.If grey line less than blue line, The generation time is decreasing.The more grey line is lower than blue line, the faster generation time is decreasing.After 2016 blocks generated, Bitcoin will adjust difficulty to estimated difficulty in order to keep the block generation time at 600 seconds.Difficulty History Date Difficulty Change Hash Rate Jun 17 2017 711,697,198,174 5,094,526,985 GH/s Jun 04 2017 678,760,110,083 4,858,754,124 GH/s May 23 2017 595,921,917,085 4,265,775,241 GH/s May 10 2017 559,970,892,891 4,008,427,786 GH/s Apr 27 2017 521,974,519,554 3,736,439,151 GH/s Apr 13 2017 520,808,749,422 3,728,094,244 GH/s Mar 30 2017 499,635,929,817 3,576,533,297 GH/s Mar 17 2017 475,705,205,062 3,405,230,497 GH/s Mar 03 2017 460,769,358,091 3,298,315,540 GH/s Feb 18 2017 440,779,902,287 3,155,225,442 GH/s Feb 04 2017 422,170,566,884 3,022,014,630 GH/s Jan 22 2017 392,963,262,344 2,812,940,600 GH/s Jan 10 2017 336,899,932,796 2,411,623,656 GH/s Dec 28 2016 317,688,400,354 2,274,102,150 GH/s Dec 15 2016 310,153,855,703 2,220,167,778 GH/s Dec 02 2016 286,765,766,821 2,052,749,317 GH/s Nov 18 2016 281,800,917,193 2,017,209,539 GH/s Nov 05 2016 254,620,187,304 1,822,642,296 GH/s Oct 22 2016 253,618,246,641 1,815,470,125 GH/s Oct 08 2016 258,522,748,405 1,850,577,916 GH/s Sep 25 2016 241,227,200,230 1,726,771,560 GH/s Sep 12 2016 225,832,872,179 1,616,574,667 GH/s Aug 29 2016 220,755,908,330 1,580,232,344 GH/s Aug 15 2016 217,375,482,757 1,556,034,316 GH/s Aug 02 2016 201,893,210,853 1,445,207,896 GH/s Jul 18 2016 213,492,501,108 1,528,238,850 GH/s Jul 04 2016 213,398,925,331 1,527,569,009 GH/s Jun 21 2016 209,453,158,595 1,499,324,110 GH/s Jun 08 2016 196,061,423,940 1,403,462,340 GH/s May 24 2016 199,312,067,531 1,426,731,353 GH/s May 11 2016 194,254,820,283 1,390,530,167 GH/s Apr 28 2016 178,659,257,773 1,278,892,782 GH/s Apr 14 2016 178,678,307,672 1,279,029,147 GH/s Apr 01 2016 166,851,513,283 1,194,369,655 GH/s Mar 18 2016 165,496,835,118 1,184,672,491 GH/s Mar 04 2016 158,427,203,767 1,134,066,098 GH/s Feb 19 2016 163,491,654,909 1,170,318,852 GH/s Feb 07 2016 144,116,447,847 1,031,625,717 GH/s Jan 26 2016 120,033,340,651 859,232,121 GH/s Jan 13 2016 113,354,299,801 811,421,684 GH/s Dec 31 2015 103,880,340,815 743,604,444 GH/s Dec 18 2015 93,448,670,796 668,931,642 GH/s Dec 06 2015 79,102,380,900 566,236,898 GH/s Nov 24 2015 72,722,780,643 520,569,941 GH/s Nov 11 2015 65,848,255,180 471,360,171 GH/s Oct 29 2015 62,253,982,450 445,631,364 GH/s Oct 15 2015 60,883,825,480 435,823,399 GH/s Oct 01 2015 60,813,224,039 435,318,014 GH/s Sep 17 2015 59,335,351,234 424,738,988 GH/s

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 Countdownbitcoin mining pool usa

The approaching halving of Bitcoin’s block reward is the subject of much optimism among Bitcoin enthusiasts and price speculators.Hardcore believers, uncaring about its exchange rate, look forward to the “halvening” as a milestone in Bitcoin’s history.Each block reward halving represents a triumph for Bitcoin, for they signify that Bitcoin has remained relevant enough for mining to continue.Speculators, on the other hand, look to the halving as a source of hope.wave addict bitcoinSince the block reward will be cut in half, supply will not grow as rapidly.bitcoin battle of the bandsThis fact leads many to believe that the Bitcoin price will skyrocket upon the halving, securing them handsome profits.litecoin paypal exchange

Also read: Exclusive 1st Review: Bitmain Antminer S7, 4.8+ th/s Using Only 1250 Watts Those who view the block reward halving as a milestone in Bitcoin’s journey of struggle and triumph will have a lot to celebrate.The block reward only gets cut in half after a certain amount of the total supply has been mined.Therefore, the only way these halvings will continue is if miners continue to hash out blocks.And what is the only way to ensure the mining process continues?bitcoin bitpayBitcoin’s relevance is the key to this question; miners will only continue mining if there is a profit to be made from Bitcoin, which means people have to use and value the digital currency.bitcoin w sklepieThus, a block size halving signifies that Bitcoin is still relevant, and it remained relevant for a significant amount of time.ethereum sony

So of course we should celebrate the halving as a sign of Bitcoin’s triumph in the face of such harsh criticism.Each time the block reward gets cut in half, we get one step closer to a sort of “completion,” one step closer to a maxed out supply.These halvings will likely only continue as long as Bitcoin is valuable enough to profitably mine, which means that each additional halving will be accompanied by continuous and unyielding success.Certainly a cause for celebration.litecoin errorSpeculators, on the other hand, probably won’t have much to celebrate when the halving comes.bitcoin toledoThese people think the price will skyrocket when the block reward diminishes.On the surface, that belief really makes sense.Supply shrinks relative to demand, so the price goes up.However, that isn’t exactly how the halving works.The actual supply will not decrease, rather, the rate of growth will slow.

The supply, the amount of coins in existence, will still grow continuously.Thus, there is nothing about the halving to lead us to say with certainty that demand will outstrip supply and send the price soaring.For the price to rise in response to the halving, demand will still have to overcome the amount of coins already in existence, in addition to the new coins being mined — even though they are being mined at a slower rate.In order for the price to really go up, demand would have to rise constantly while the growth in supply slows, until the growth in demand surpasses growth in supply.That doesn’t seem likely right now, though, since the price has remained fairly constant for almost a year — indicating that Bitcoiners are in some sort of holding pattern with their valuations.Bitcoin miners have even less to be excited about.With their income essentially cut in half, while difficulty and expenses continue to rise, miners will have to take drastic measures to stay afloat.Part of this may include selling an even larger portion of their Bitcoin revenues, which would actually put additional pressure on the Bitcoin price.

The increased costs and diminished revenue associated with the halving will almost certainly result in greater mining centralization.Consolidation of the mining network is driven by economies of scale, in which mining firms grow in size in order to produce more efficiently and minimize costs.A more centralized Bitcoin mining network will increase its vulnerability to attacks, and will make it easier to take the network down.Presently, the only surefire way to avoid these difficulties is to make mining hardware more energy efficient, lowering the cost of mining and thereby easing the tendency to centralize.So, looking at the raw economics of the block size halving, it actually seems like it might be a pretty stressful time.Of course, we won’t know for sure how significantly these negative impacts will be until the halving actually comes.The only real experience we have with a “high stakes” block reward halving is Litecoin’s recent one; the Litecoin price has remained virtually untouched by the halving, and so far mining has remained unaffected.