Bitcoin Forum

I know most people already know what halving is. So, I won't go into that but I realized there was not one single piece of information that shows the dates far into the future.

I am sharing this infographic that  I found online for those who may be interested to look at it (oh and I couldn't upload it here, so you may need to see it off the forum)

https://imgur.com/41hwgKN

Saved you peeps a click:


This is definitely not the only block reward graphic though. I've seen numerous iterations of this throughout the years.

It's interesting to see the block reward at 2136 is just 1 satoshi, right now Bitcoin faucet still give you around 10 satoshi every hour, but it doesn't have a good value. Every people will trying to get 1 satoshi since it's already expensive enough, we might trade for Millisatoshi or Nanosatoshi in that's year.

But at 2044 the block reward are only 0.1 BTC which I think majority of people already own such amount and I think 20 years to go everyone are still alive. There's will a big change and the price would be extremely expensive.

Just note, the next halving will be at a block height of 840,000 (for sure). Indeed, there are no exact dates, everything that is spread on the internet is just estimates by calculating the average blocks generated. Given the varying time it takes to mine 1 block, even as network congestion increases it will result in 2 to 3 times longer than the normal time.

The time it takes for miners to find a block doesn't depend on how congested the network is. The average block time depends on the ratio of total hash power to difficulty.
As the total hash power decreases, the average block time increases and as the total hash power increases, the average block time decreases. Every 2016 blocks, the difficulty is adjusted to maintain the average block time of 10 minutes.

In few more years Bitcoin will become extremely rare to come by, maybe that will be a wake-up call for the unbelievers, some hit a BTC block on a pool weeks ago with roughly 12TB of mining hash rate, this block consists of 6.25 BTC, I believe this persons is now rich if they can just hold till the next bull season. It's crazy how some people are so lucky in this world lol.

If you mean the amount that will remain for mining, then that is correct - because in about ten years, 99% of all BTC will be mined, which will mean that only 210 000 will remain for the next 100 years, which, regardless of the price, will be a fairly small number of BTC for which the miners will compete. As for those you call "non-believers", it's completely stupid to think about what they think, and as far as I'm concerned, they can all live in their beliefs for the rest of their lives, that's definitely their right.


It is not the first time in the recent past that someone has found a block with solo mining, but depending on where such a person lives, it may or may not be a fortune.