28 Nov '12, 7pm

Happy Halving Day! Press release from Bitcoin Foundation: #bitcoin #bitcoinhalvingday

Today, the Bitcoin community celebrates a major milestone, the first “halving day.” For the first three years of the Bitcoin Network’s existence, each time a ‘block’ was found, 50 Bitcoins were issued to the lucky finder. As of 11/28/2012 at 15:24:38 UTC, however, only 25 BTC will be issued per block found. This halving of bitcoin issuance is an integral part of the money scheme’s deflationary promise, and is being treated as a community-wide holiday. Although Bitcoin miners will receive less Bitcoin for each block mined, according to Bitcoin theory, they believe decreased supply of Bitcoins will yield higher prices over time. The online Bitcoin community has been abuzz with the news, flooding online forums and using the Twitter hashtag #bitcoinhalvingday. “Today marks a major milestone for Bitcoiners everywhere. As a community, we negotiated this deflationary moment grace...

Full article: http://www.prlog.org/12032578-bitcoin-community-celebrate...

Tweets

Happy Bitcoin Halving Day

bitcoins.tumblr.com 29 Nov '12, 7pm

Bitcoin is a peer-to-peer currency. Peer-to-peer means that no central authority issues new money or tracks transactions. ...

The first great bitcoin reward halving will occ...

bitcoinclock.com 27 Nov '12, 6pm

Reward-Drop ETA: 2012-11-28 18:59:03 UTC (22 hours, 10 minutes) Block count: 209867 Blocks since last difficulty change: 2...

Is this the twitter of Bitcoin

bitcoins.tumblr.com 29 Nov '12, 7pm

Bitmessage is a P2P communications protocol which is used to send encrypted messages to another person or to many subscrib...

Bitcoin Block Reward Halving Successful

codinginmysleep.com 28 Nov '12, 3pm

There’s been a lot of chatter lately about the block reward halving and the effect it will have on nearly every aspect of ...

Bitcoin Halving Day Draws Nigh: Prepare to fall...

siliconangle.com 27 Nov '12, 8pm

Prepare to fall to your knees and shake your fist to the heavens, a terrible milestone is upon us, one that will forever c...

Happy Halving Day from Bitcoin die-hards

Happy Halving Day from Bitcoin die-hards

txchnologist.com 03 Dec '12, 2pm

Last Wednesday, Bitcoin—the global, stateless, digital cryptocurrency that has won the heart of technophiles, libertarians...

Bitcoin Money: Bitcoin Magazine - Block Reward ...

bitcoinmoney.com 27 Nov '12, 8pm

“Projected to take place on Wednesday [November 28, 2012] at around 18:00 UTC, for the first time ever in Bitcoin history,...

Bitcoin Block #210 000 mined - reward halving

news.ycombinator.com 28 Nov '12, 3pm

Bitcoin works by having "blocks" of data, containing transaction history (every Bitcoin transfer someone has made - it is ...

Bitcoin Magazine - Block Reward Halving: A Guid...

bitcoinnews.com 27 Nov '12, 8pm

“Projected to take place on Wednesday [November 28, 2012] at around 18:00 UTC, for the first time ever in Bitcoin history,...

Block Reward Halving: A Guide #bitcoin

Block Reward Halving: A Guide #bitcoin

bitcoinmagazine.net 27 Nov '12, 4pm

In order to understand what’s going to happen on Wednesday, it’s important to first understand how money creation in Bitco...