Halving day 2012 - Revision history

Harding: Bitcoins can be destroyed, and some may have been before the halving (the gettxoutsetinfo RPC shows some have by now), so it's more correct to say 'were mined' than 'in existence'

2015-08-22T03:25:00Z

Bitcoins can be destroyed, and some may have been before the halving (the gettxoutsetinfo RPC shows some have by now), so it's more correct to say 'were mined' than 'in existence'

← Older revision		Revision as of 03:25, 22 August 2015
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	'''Halving day 2012''' (November 28, 2012) was the day of the first [[controlled supply\|subsidy halving]], which occurred when '''block 210000''' was solved. Until [[halving day 2016\|block 420000]], the block reward would be 25 BTC instead of the original 50 BTC.		'''Halving day 2012''' (November 28, 2012) was the day of the first [[controlled supply\|subsidy halving]], which occurred when '''block 210000''' was solved. Until [[halving day 2016\|block 420000]], the block reward would be 25 BTC instead of the original 50 BTC.

	At the moment before the halving, ~~there were~~ 10,500,000 BTC ~~in existence~~, 50% of the target cap.		At the moment before the halving, 10,500,000 BTC had been mined, 50% of the target cap.

	==Solution==		==Solution==

Taras at 01:52, 22 August 2015

2015-08-22T01:52:42Z

← Older revision		Revision as of 01:52, 22 August 2015
Line 1:		Line 1:
	'''Halving day 2012''' (November 28, 2012) was the day of the first [[controlled supply\|subsidy halving]], which occurred when '''block 210000''' was solved. Until [[halving day 2016\|block 420000]], the block reward would be ~~'''~~25 BTC~~'''~~ instead of the original 50 BTC.		'''Halving day 2012''' (November 28, 2012) was the day of the first [[controlled supply\|subsidy halving]], which occurred when '''block 210000''' was solved. Until [[halving day 2016\|block 420000]], the block reward would be 25 BTC instead of the original 50 BTC.

	At the moment before the halving, there were 10,500,000 BTC in existence, 50% of the target cap.		At the moment before the halving, there were 10,500,000 BTC in existence, 50% of the target cap.

	==Solution==		==Solution==
	[[file:rad5970.jpg\|thumb\|A Radeon HD 5800 Series graphics card, the same series of the GPU used to solve block 210000]]Block 210000 was found and broadcast on 2012-11-28 at 15:24:38 UTC.<ref>{{cite block\|210000\|hash=000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e\|year=2012\|month=11\|day=28}}</ref> [[Slush's pool]] was responsible for finding the solution,<ref>{{cite btct\|id=128200\|title=210000 block found\|date=28 November 2012}}</ref> and a miner named ''laughingbear'' contributed the solution.<ref>{{cite btct\|title=<nowiki>[</nowiki>2500 GH/s<nowiki>]</nowiki> Slush's Pool (mining.bitcoin.cz); TX FEES + Stratum\|id=1976\|date=27 November 2010}}</ref> The block was solved by a Radeon HD 5800<ref>{{cite btct\|id=128200\|title=210000 block found\|date=28 November 2012\|post=1364739}}</ref> after mining for less than a week.<ref>{{cite btct\|id=128221\|title=Block 210000 found\|date=28 November 2012}}</ref>		[[file:rad5970.jpg\|thumb\|A Radeon HD 5800 Series graphics card, the same series of the GPU used to solve block 210000]]Block 210000 was found and broadcast on 2012-11-28 at 15:24:38 UTC.<ref>{{cite block\|210000\|hash=000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e\|year=2012\|month=11\|day=28}}</ref> [[Slush's pool]] was responsible for finding the solution,<ref>{{cite btct\|id=128200\|title=210000 block found\|date=28 November 2012}}</ref> and a miner named ''laughingbear'' contributed the solution.<ref>{{cite btct\|title=<nowiki>[</nowiki>2500 GH/s<nowiki>]</nowiki> Slush's Pool (mining.bitcoin.cz); TX FEES + Stratum\|id=1976\|date=27 November 2010}}</ref>

	==~~Impact~~==		The block was solved by a Radeon HD 5800<ref>{{cite btct\|id=128200\|title=210000 block found\|date=28 November 2012\|post=1364739}}</ref> after mining for less than a week.<ref>{{cite btct\|id=128221\|title=Block 210000 found\|date=28 November 2012}}</ref> This GPU would later be sold to [[Chaang Noi]] at a significant markup on August 26, 2013.<ref>{{cite btct\|id=168342\|title=[SOLD<nowiki>]</nowiki> A piece of Bitcoin history. Video card that found Block 210000\|date=5 April 2013}}</ref> Several images of the card were posted to [[Bitmit]], but no copies are currently known to exist.<ref>{{cite btct\|id=1138466\|title=Looking for a certain image\|date=29 July 2015}}</ref>

	==References==		==References==

Taras at 01:42, 22 August 2015

2015-08-22T01:42:31Z

← Older revision		Revision as of 01:42, 22 August 2015
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	==Solution==		==Solution==
	Block 210000 was found and broadcast on 2012-11-28 at 15:24:38 UTC.<ref>{{cite block\|210000\|hash=000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e\|year=2012\|month=11\|day=28}}</ref> [[Slush's pool]] was responsible for finding the solution,<ref>{{cite btct\|id=128200\|title=210000 block found\|date=28 November 2012}}</ref> and a miner named ''laughingbear'' contributed the solution.<ref>{{cite btct\|title=<nowiki>[</nowiki>2500 GH/s<nowiki>]</nowiki> Slush's Pool (mining.bitcoin.cz); TX FEES + Stratum\|id=1976\|date=27 November 2010}}</ref>		[[file:rad5970.jpg\|thumb\|A Radeon HD 5800 Series graphics card, the same series of the GPU used to solve block 210000]]Block 210000 was found and broadcast on 2012-11-28 at 15:24:38 UTC.<ref>{{cite block\|210000\|hash=000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e\|year=2012\|month=11\|day=28}}</ref> [[Slush's pool]] was responsible for finding the solution,<ref>{{cite btct\|id=128200\|title=210000 block found\|date=28 November 2012}}</ref> and a miner named ''laughingbear'' contributed the solution.<ref>{{cite btct\|title=<nowiki>[</nowiki>2500 GH/s<nowiki>]</nowiki> Slush's Pool (mining.bitcoin.cz); TX FEES + Stratum\|id=1976\|date=27 November 2010}}</ref> The block was solved by a Radeon HD 5800<ref>{{cite btct\|id=128200\|title=210000 block found\|date=28 November 2012\|post=1364739}}</ref> after mining for less than a week.<ref>{{cite btct\|id=128221\|title=Block 210000 found\|date=28 November 2012}}</ref>

	==Impact==		==Impact==

Taras at 01:34, 22 August 2015

2015-08-22T01:34:20Z

← Older revision		Revision as of 01:34, 22 August 2015
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	==Solution==		==Solution==
	~~The solution of block~~ 210000 was found on 2012-11-28 at 15:24:38 UTC.<ref>{{cite block\|210000\|hash=000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e\|year=2012\|month=11\|day=28}}</ref>		Block 210000 was found and broadcast on 2012-11-28 at 15:24:38 UTC.<ref>{{cite block\|210000\|hash=000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e\|year=2012\|month=11\|day=28}}</ref> [[Slush's pool]] was responsible for finding the solution,<ref>{{cite btct\|id=128200\|title=210000 block found\|date=28 November 2012}}</ref> and a miner named ''laughingbear'' contributed the solution.<ref>{{cite btct\|title=<nowiki>[</nowiki>2500 GH/s<nowiki>]</nowiki> Slush's Pool (mining.bitcoin.cz); TX FEES + Stratum\|id=1976\|date=27 November 2010}}</ref>

	==Impact==		==Impact==

			==References==
			<references/>

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Taras at 01:28, 22 August 2015

2015-08-22T01:28:14Z

← Older revision		Revision as of 01:28, 22 August 2015
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	'''Halving day 2012''' (November 28, 2012) was the day of the first [[controlled supply\|subsidy halving]], which occurred when '''block 210000''' was solved.		'''Halving day 2012''' (November 28, 2012) was the day of the first [[controlled supply\|subsidy halving]], which occurred when '''block 210000''' was solved. Until [[halving day 2016\|block 420000]], the block reward would be '''25 BTC''' instead of the original 50 BTC.

			At the moment before the halving, there were 10,500,000 BTC in existence, 50% of the target cap.

			==Solution==
			The solution of block 210000 was found on 2012-11-28 at 15:24:38 UTC.<ref>{{cite block\|210000\|hash=000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e\|year=2012\|month=11\|day=28}}</ref>

			==Impact==


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Taras: Created page with "'''Halving day 2012''' (November 28, 2012) was the day of the first subsidy halving, which occurred when '''block 210000''' was solved. {{stub}} Categ..."

2015-08-22T01:19:18Z

Created page with "'''Halving day 2012''' (November 28, 2012) was the day of the first subsidy halving, which occurred when '''block 210000''' was solved. {{stub}} Categ..."

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'''Halving day 2012''' (November 28, 2012) was the day of the first [[controlled supply|subsidy halving]], which occurred when '''block 210000''' was solved.

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[[Category:Subsidy halving]]
[[Category:Controlled supply]]
[[Category:2012 events]]