The Verge is running a bunch of great articles this week, including one on Bitcoin:

Total number of Bitcoins hits 10.5 million, production halves to stop inflation

theverge.com 28 Nov '12, 3pm

The Verge is running a bunch of great articles this week, including one on Bitcoin:

The total number of Bitcoins in circulation just hit 10.5 million, triggering a safeguard against inflation that was hardcoded into the digital currency. This means a drastic change in the number of new Bitcoins being created, which is expected to have a huge impact on the economy that has been developing around the ecurrency. The safeguard has to do with the "block reward," the number of Bitcoins that can be created at a time, which has dropped from 50 to 25. Bitcoin miners, geeks who configure their own computers to mint the cultish digital currency, have been waiting for this moment for a long time — about four years, which is how long Bitcoins have been in circulation. The sudden scarcity of new coins is likely to drive the value of Bitcoins up The sudden scarcity of new coins is likely to drive the value of Bitcoins up, as fewer new coins enter the system and current ...

Full article: http://www.theverge.com/2012/11/28/3701434/total-number-o...

Tweets

@TheSoulfulEMU » 05 Dec '12, 6am
Total number of #Bitcoin hits 10.5 million, production halves to stop inflation [link] via @jonmck @mouselink @torque10
@bornmw » 02 Dec '12, 5am
RT @torque10: Total number of #Bitcoin hits 10.5 million, production halves to stop inflation | [link] RT @jonmck @mouselink
@joepaulblt » 02 Dec '12, 3am
"@mouselink: RT @jonmck: Total number of #Bitcoin hits 10.5 million, production halves to stop inflation [link]" @Meowmeow_6
@mouselink » 02 Dec '12, 3am
RT @jonmck: Total number of #Bitcoin hits 10.5 million, production halves to stop inflation [link]
@javahispano » 30 Nov '12, 3pm
Encontrar un bloque de Bitcoin ahora solo paga 25 BTC en vez de 50 [link] más información sobre Bitcoin aquí...
@MarcHochstein » 28 Nov '12, 9pm
RT @Technom4ge: Total number of Bitcoins hits 10.5 million, production halves to stop inflation | The Verge | [link] #bitcoin
@andyhblair » 28 Nov '12, 6pm
#bitcoin hits the 10.5 million mark, halving mining productivity (which underlies the whole system). [link]
@ryanxcharles » 28 Nov '12, 6pm
RT @sneakatdatavibe: The Verge is running a bunch of great articles this week, including one on Bitcoin: [link]
@sneakatdatavibe » 28 Nov '12, 6pm
The Verge is running a bunch of great articles this week, including one on Bitcoin: [link]
@alexmontgomery » 28 Nov '12, 6pm
What the eff is a bitcoin and why do I suddenly want some? [link]
@moral_hazard » 28 Nov '12, 5pm
So bitcoin's mechanism against inflation is to cause a sudden an arbitrary bout of deflation? Wha? [link]
@BitCoinReporter » 28 Nov '12, 5pm
Total number of Bitcoins hits 10.5 million, production halves to stop inflation | The Verge [link] #bitcoin
@RobStemen » 28 Nov '12, 3pm
RT @verge Bitcoin...production halves to stop inflation [link] // Well done, Bitcoin. Can we get these guys to run the fed?
@BitCoinReporter » 28 Nov '12, 6pm
Total number of Bitcoins hits 10.5 million, production halves to stop inflation - The Verge [link] #bitcoin