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Author Topic: In about 13-15 months from now...  (Read 1438 times)
Wepp
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June 05, 2011, 05:34:09 PM
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The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks.

That will be an interesting day.

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June 05, 2011, 05:36:31 PM
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Allenssmart
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I have a 5970 ujelly?


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June 05, 2011, 05:36:49 PM
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*grown

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June 05, 2011, 05:37:27 PM
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It is merely the equivalent of a 100% increase in difficulty (from an individual miner's payout perspective). Historically, the difficulty has increased by over 100% every 5 weeks or so.

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June 05, 2011, 05:38:08 PM
 #5

The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks.
That will be an interesting day.
For miners it's almost the same as just increasing difficulty twice.
And I think that 13 months is more than enough for increasing difficulty even more :)

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June 05, 2011, 07:56:24 PM
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The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks.

That will be an interesting day.
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Oldminer
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June 05, 2011, 08:05:22 PM
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But then Bitcoins will be worth what...$100US?

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June 05, 2011, 08:39:49 PM
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But then Bitcoins will be worth what...$100US?
They could be worth less afaik.
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