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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2016-07-12] Post-halving: future is unclear but bitcoin is there to stay
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smartgerman (OP)
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July 12, 2016, 09:10:36 AM
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Post-halving: future is unclear but bitcoin is there to stay
Bitcoin block mining reward has decreased from 25 to 12.50 BTC. So far, it does not seem to have any significant impact on the community except for proving one more time the stability of the protocol.
http://www.coinfox.info/news/reviews/5896-bitkoin-soobshchestvo-o-khalvinge-budushchee-neyasno-no-bitkoin-eto-vserez-i-nadolgo-2
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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July 12, 2016, 02:44:06 PM
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Good take on the halving in this article. Yes, price didn't create the fireworks some were expecting but bitcoin is a six technology and has survived a lot of bumps. The price is healthy and stable.
I love Bitcoin
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