Difference between revisions of "Halving day 2012"

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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>
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[[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==

Revision as of 01:42, 22 August 2015

Halving day 2012 (November 28, 2012) was the day of the first subsidy halving, which occurred when block 210000 was solved. Until 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

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.[1] Slush's pool was responsible for finding the solution,[2] and a miner named laughingbear contributed the solution.[3] The block was solved by a Radeon HD 5800[4] after mining for less than a week.[5]

Impact

References

  1. Block 210000. Main chain. 2012-11-28. Hash 000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e. Block explorer
  2. BitcoinTalk thread 128200. 210000 block found 28 November 2012.
  3. BitcoinTalk thread 1976. [2500 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + Stratum 27 November 2010.
  4. BitcoinTalk thread 128200. 210000 block found 28 November 2012. Post 1364739.
  5. BitcoinTalk thread 128221. Block 210000 found 28 November 2012.

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