Bitcoin Forum

At the time of posting, 11,999,925 BTC have been mined.
3 blocks to go before 12M, everyone get party crackers! :)

I've got the balloons!

http://blockexplorer.com/q/totalbc
 ;D 12000000.00000000

So much to go still...

Will it survive until it's last coin has been mined?

Or a certain government's will crawl out of it's skin to kill it?

Stay tuned folks.

Hooray for BTC we're over halfway there

Quite the feat! It shall continue to grow!!

12m mined :D

Nice

over 57% in fact

Damn, I missed the 11,500,000 thread. I wonder if there was one. Is the next milestone 12,345,678 bitcoins mined? Then, 13,131,313? I love numbers!

~TMIBTCITW

No. We are now going to open a thread for every 1 bitcoin mined. 12,000,000 Bitcoin is a rather nice achievement so far. It's over half. I remember a thread discussing if Bitcoin would ever get there or would people lose interest. I guess we made it beyond the half way mark!

We are going forward.

Surely, by the time that mining only gets you 1 satoshi in however many years that is, it will not be anywhere near viable to mine anymore. It would cost so much more in electricity to mine than what you would earn unless bitcoins price soars to the point where 1 satoshi costs hundreds of dollars. I guess that almost seem like a possibility at the moment the way the price is going but i don't think it will rise forever, it will collapse some day soon under its own weight without the needs of governments to intervene.

Congrats Bitcoin and all the miners  :D

Congrat, we are only 9 million BTC away until the end...

9 million btc but decades and decades from reaching that point though. <3 currency that isn't "unlimited."

You'll be long dead by that time anyway.  (2140)

We may be at 57% coins mined, but I wonder where we are in terms of value.  What will bitcoins be worth in 100 years?  I'm guessing they'll be history then, but at least it's great to be a part of it now. Still the beginning of cryptocurreny adoption.
Peace

It's already proven that bitcoin's M0 increasing doesn't make its value decrease.
Lemme make a graph...
https://i.imgur.com/oc1tJ0t.png
I like where this is going.

just want to be in this thread
historic moment

Yayyy! 12m mined :D

in the middle of path .....  :)

or ... miners turn off rigs and difficulty goes down.  That combined with transaction fees should make the network viable forever.  What a great solution.   Too bad Satoshi didn't think of that.  Oh wait he did.   Difficulty goes up and down based on hashpower on the network.  The network will always reach equilibrium.  

It is always best to learn how something is designed and how it works before you form opinions.

12,000,000 / 21,000,000 !

~~~~~

yeah, satoshi is one smart cookie.. would be crazy to believe that he did not plan in this event. but yeah, miners get subsidized for the proof of work (i think?), so it's not just mining "new coins."

Amazing, to the next 9 million!

All looking pretty good for btc right now price is rising and bitcoin atm machines are out

Im going to be really happy when it hits 15 mill

The last bitcoin is supposed to be mined in year 2141? Correct ?

Nice , wish satoshi make it more than 21M bitcoin available

Approximately.  It depends on how fast average network hashrate growth is.  If the network sustains a 10% per difficulty period average hashrate growth it would be more like 15 years earlier. 

You do realise that miners collect transaction fees? In the far future the block reward itself isn't going to matter much anymore.

try Litecoin, there are 84 mio ;-)

These are just arbitrary numbers.

I am also toasting in this epic bread. 

Cool! Thanks for pointing it out.

Woo! ;D

Does this also mean a surge of new media reports are coming our way?  ;)

I'll just ... leave this right here.

http://www.youtube.com/watch?v=ej6T4VR11PM

It will be nice once Bitcoin is worth $10,000! Heck if it gets to more than 100k that would be great too! :)

11 500 000 are number to celebrate, It is a half way mining btc. Butnot half time

Quite amazing when you think about it. I dont even have 1 Q_Q

I just hit my second  :-\