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In the early years of Bitcoin’s existence, enthusiasts could mine up to 50 coins per block, which happened approximately every 10 minutes.
Theoretically, it was possible to mine up to 7,200 bitcoins per day (144 blocks in 24 hours multiplied by 50 BTC per block), provided your computer was a bit better than a calculator and your mom didn’t make you turn it off at night.
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Theoretically, it was possible to mine up to 7,200 bitcoins per day (144 blocks in 24 hours multiplied by 50 BTC per block), provided your computer was a bit better than a calculator and your mom didn’t make you turn it off at night.
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#FactOfTheDay
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A total of 21 million coins are built into the #BTC protocol, but due to the constant increase in mining difficulty, the last bitcoin will be mined around the year 2140.
There is a non-zero probability that this day will be a celebration or a day of mourning on a planetary scale🫠
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There is a non-zero probability that this day will be a celebration or a day of mourning on a planetary scale
#FactOfTheDay
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This is the date and headline of an issue of The Times newspaper.
The phrase references the large-scale financial crisis of 2008 and hints at what inspired Satoshi Nakamoto when he was creating Bitcoin🪙
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#FactOfTheDay
The phrase references the large-scale financial crisis of 2008 and hints at what inspired Satoshi Nakamoto when he was creating Bitcoin
#FactOfTheDay
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In the attached image you can see the ratio of the current price of popular coins (at the time of writing this post) to their historical highs, which clearly demonstrates the potential for growth.
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#FactOfTheDay
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#FactOfTheDay
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