Become a fan of Slashdot on Facebook

 



Forgot your password?
typodupeerror
For the out-of-band Slashdot experience (mostly headlines), follow us on Twitter, or Facebook. ×
Bitcoin The Almighty Buck

Bitcoin Mining Reward About To Halve 600 600

First time accepted submitter ASDFnz writes "The reward for successfully completing a block (also called mining) is about to halve from 50 bitcoins to 25. From the article: 'Bitcoin is built so that this reward is halved every 210,000 blocks solved. The idea is as bitcoin grows the transaction fees become the main part of the reward and the introduction of new bitcoins slows down to a trickle. This also means that there will only ever be 21,000,000 bitcoins in circulation.' You can watch the countdown here."
This discussion has been archived. No new comments can be posted.

Bitcoin Mining Reward About To Halve

Comments Filter:

Without life, Biology itself would be impossible.

Working...