Bitcoin’s block reward halving is here at long last. Estimates suggest that the event is a mere seven days out from taking.
In a little under two weeks the reward for digitally mining Bitcoin will be halved from 12.5 coins per block to 6.25,
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The first user to receive Bitcoins was Hal Finney, who had created the first proof of work code in 2004. Hal Finney downloaded the bitcoin software close to its release, and on the 12th of January 2009 received a transaction of 10 BTC from Nakamoto. The reported first exchange of Bitcoin for a consumer product took place on the 22nd of May 2010.
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Fascination and enthusiasm for Bitcoin is running red-hot. And it’s not hard to see why. On the pretext of pandemic panic, the U.S. Federal Reserve is printing and spending $41 billion a day.
30 May 2019.
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6 Dec 2019.
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