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Author Topic: [2016-07-02]Bitcoin Reward Halving: One More Week to Go  (Read 244 times)
BTCBinary (OP)
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July 02, 2016, 06:32:57 PM
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Bitcoin Reward Halving: One More Week to Go

Within one week, the Bitcoin network will undergo a major change. Bitcoin block reward halving is scheduled to happen on the 9th of this month. Once it happens, the mining rewards for discovering each new block by the miners will be reduced to 12.5 freshly minted bitcoins from the existing 25 bitcoins. This will effectively reduce the amount of new bitcoins introduced into circulation...

http://www.newsbtc.com/2016/07/02/bitcoin-reward-halving-one-more-week-to-go/
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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Lethn
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July 02, 2016, 08:38:49 PM
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Is it bad that I'm more excited about this than my own country gaining independence? I mean it's been a good couple of weeks but this event will actually make me money ;P
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