Crypto@Cracow #19 - Bitcoin Halving Party Online
Hi all,
We invite you for the online Bitcoin Halving Party!
We are going to watch in real-time and celebrate the halving, discuss its consequences and cover latest news in the crypto space.
What is Bitcoin halving?
As part of Bitcoin's coin issuance, miners are rewarded a certain amount of bitcoins whenever a block is produced (approximately every 10 minutes). When Bitcoin first started, 50 Bitcoins per block were given as a reward to miners. After every 210,000 blocks are mined (approximately every 4 years), the block reward halves and will keep on halving until the block reward per block becomes 0 (approximately by year 2140). As of now, the block reward is 12.5 coins per block and will decrease to 6.25 coins per block post halving.
More info:
https://www.bitcoinblockhalf.com/
See you soon!
Crypto@Cracow & P2P.Systems team
