Anniversary 19 millionth coin mined in the Bitcoin network

0

On the bitcoin network, the 19 millionth anniversary coin was mined

On Friday, April 1, miners mined the 19 millionth anniversary bitcoin. This event took place on block 730,002.

At the time of writing, 90.48% of the total digital gold supply has been mined, which is capped at 21 million BTC.

According to the algorithm established by Satoshi Nakamoto, the reward is reduced by 50% for every 210,000 blocks. The next halving is scheduled for 2024.

The Last Days of Satoshi: What Happened When the Creator of Bitcoin Disappeared

The 18 millionth coin was mined on October 19, 2019.

Recall that VanEck analysts let the price of bitcoin rise to $4.8 million, on the condition that it acquire the status of a global reserve currency.

p>

Ripple co-founder Chris Larsen has previously come under fire in the crypto community for suggesting that bitcoin should move from Proof-of-Work to Proof-of-Stake.

Dear readers, the online edition joins the Front Pickup initiative and starts raising funds for a car for Ukrainian defenders, which we plan to drive from abroad. The Mitsubishi l200 SUV is already awaiting redemption. We have a few days. Help our soldiers get the right car. Paypal [email protected] Ethereum: 0x8ecf8dB15ef228331b87620c25383707fC6f3f57

Share.

Comments are closed.