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In about 13-15 months from now...
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Topic: In about 13-15 months from now... (Read 1697 times)
Wepp
(OP)
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In about 13-15 months from now...
June 05, 2011, 05:34:09 PM
#1
The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks.
That will be an interesting day.
Atroxes
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Re: In about 13-15 months from now...
June 05, 2011, 05:36:31 PM
#2
Allenssmart
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Re: In about 13-15 months from now...
June 05, 2011, 05:36:49 PM
#3
*grown
xenon481
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Re: In about 13-15 months from now...
June 05, 2011, 05:37:27 PM
#4
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.
Tips Appreciated: 171TQ2wJg7bxj2q68VNibU75YZB22b7ZDr
[Tycho]
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Re: In about 13-15 months from now...
June 05, 2011, 05:38:08 PM
#5
Quote from: Wepp on June 05, 2011, 05:34:09 PM
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 :)
Welcome to my bitcoin mining pool:
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pun1sh3r
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Re: In about 13-15 months from now...
June 05, 2011, 07:56:24 PM
#6
Quote from: Wepp on June 05, 2011, 05:34:09 PM
The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks.
That will be an interesting day.
http://www.citadelsaber.co.uk/img,624.jpg
Oldminer
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Re: In about 13-15 months from now...
June 05, 2011, 08:05:22 PM
#7
But then Bitcoins will be worth what...$100US?
If you like my post please feel free to give me some positive rep
https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC:
1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
dikidera
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Re: In about 13-15 months from now...
June 05, 2011, 08:39:49 PM
#8
Quote from: Oldtimer on June 05, 2011, 08:05:22 PM
But then Bitcoins will be worth what...$100US?
They could be worth less afaik.
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