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The first Bitcoin block meets today 9 years of mining

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On January 3, 2009 was the day that the first Bitcoin block was mined . This was called the genesis block and gave a reward to its miners of 50 BTC, for a value of 739,312 USD . According to blockchain, the extraction time was recorded at 6:45 pm server time. It was until January 9, 2009, when the second block called block # 1 was mined.

Bitcoin’s Blackchain has mined more than half a million dollars

Since the extraction of the genesis block, the Bitcoin network has undermined more than half a million dollars, up to block # 502349 . In addition to this, given the increase in the cost of electricity for the mining of Bitcoin and the reduction of rewards per block mined to 12.5 BTC , mining in many countries is no longer profitable.

Did  you know that, to this day, the reward of 12.5 BTC is much higher than the 50 BTC reward for the extraction of the Genesis block …

The mysterious Satoshi Nakamoto also turns 9 years of appearance in the market of cryptocurrencies

On October 31, 2016, 9 years have passed since Satoshi Nakamoto introduced the Bitcoin protocol to the Cryptocurrency Market. Since the birth of Bitcoin, the cryptocurrency market has experienced exponential growth. Arriving, to more than 1400 cryptocurrencies active in the virtual world.

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Did you know that the current capital that is handled in the cryptocurrency market amounts to over 695 million dollars …

Bitcoin, remains the leading currency with an amazing capital of 250 million dollars; which is equivalent to 36% of all capital in the cryptocurrency market.

And you, what do you think will be the maximum value that Bitcoin will reach in 2018?

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The post The first Bitcoin block meets today 9 years of mining appeared first on Digital Bodha.

This post first appeared on Cryptocurrency News | Bitcoin Mining Hardware | Dogecoin, please read the originial post: here

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The first Bitcoin block meets today 9 years of mining


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