buckyfonds on Nostr: The number of Bitcoins produced between July 2016 and May 2020 was 210,000 * 12.5 = ...
The number of Bitcoins produced between July 2016 and May 2020 was 210,000 * 12.5 = 2,625,000
The number of Bitcoins produced between May 2020 and April 2024 is 210,000 * 6.25 = 1,312,500
The number of Bitcoins produced between April 2024 and the next halving is = 210,000 * 3.125 = 656,250
There are 210,000 blocks between each halving (approximately 4 years).
The number of bitcoins produced will continue to be halved every 4 years.
This calculation excludes the fees which cannot be calculated in advance.
Published at
2024-06-04 13:01:27Event JSON
{
"id": "22d002d1bf2a617e534ea8aabad65fbb571a1805b0f2bab400bf445d2eedac6f",
"pubkey": "316e8bed3c98c87761083c0eea662d1eed36b8aa19c1c7e02afa8fc8aba004ca",
"created_at": 1717498887,
"kind": 1,
"tags": [],
"content": "The number of Bitcoins produced between July 2016 and May 2020 was 210,000 * 12.5 = 2,625,000\n\nThe number of Bitcoins produced between May 2020 and April 2024 is 210,000 * 6.25 = 1,312,500\n\nThe number of Bitcoins produced between April 2024 and the next halving is = 210,000 * 3.125 = 656,250\n\nThere are 210,000 blocks between each halving (approximately 4 years).\n\nThe number of bitcoins produced will continue to be halved every 4 years.\n\nThis calculation excludes the fees which cannot be calculated in advance.",
"sig": "ca7d59eaebd5f560ee9df18cbc6499afe4d419830fdb354b381f603fac6be1e7e376b3710384e89a5a5b82c9449b2d9eff309250f7904bb85354ef510acde9b0"
}