{"id":8417,"date":"2012-11-25T22:35:36","date_gmt":"2012-11-26T04:35:36","guid":{"rendered":"http:\/\/bucktownbell.com\/?p=8417"},"modified":"2012-11-25T22:35:36","modified_gmt":"2012-11-26T04:35:36","slug":"halving-day-is-almost-upon-us","status":"publish","type":"post","link":"http:\/\/bucktownbell.com\/?p=8417","title":{"rendered":"Halving day is almost upon us!"},"content":{"rendered":"<blockquote><p>Bitcoin is built so that this reward is\u00a0halved\u00a0every\u00a0210,000 blocks solved. \u00a0The idea is as bitcoin grows the transaction fee\u2019s become the main part of the reward and the introduction of new\u00a0bitcoin\u2019s\u00a0slows down to a trickle. \u00a0This also means that there will only ever be 21,000,000 bitcoins in circulation.<\/p>\n<p>Well, in less than 4 days the block count will reach the first of these 210,000 block milestones and the reward for solving a Bitcoin block will half from 50BTC to 25BTC. (Have a look at\u00a0<a href=\"http:\/\/bitcoinclock.com\/\" target=\"_blank\">bitcoinclock.com<\/a>)<\/p><\/blockquote>\n<p>via <a href=\"http:\/\/mineforeman.com\/2012\/11\/23\/halving-day-is-almost-upon-us\/\">Halving day is almost upon us! | Mineforeman<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is built so that this reward is\u00a0halved\u00a0every\u00a0210,000 blocks solved. \u00a0The idea is as bitcoin grows the transaction fee\u2019s become the main part of the reward and the introduction of new\u00a0bitcoin\u2019s\u00a0slows down to a trickle. \u00a0This also means that there &hellip; <a href=\"http:\/\/bucktownbell.com\/?p=8417\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[737],"tags":[742,589,180,822],"class_list":["post-8417","post","type-post","status-publish","format-standard","hentry","category-stem","tag-bitcoin","tag-economics","tag-math","tag-power"],"_links":{"self":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/8417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8417"}],"version-history":[{"count":1,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/8417\/revisions"}],"predecessor-version":[{"id":8418,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/8417\/revisions\/8418"}],"wp:attachment":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8417"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}