Live Blog: Bitcoin Halving 2016

The bitcoin block reward is set to fall from 25 bitcoins to 12.5 bitcoins in just a few hours.

AccessTimeIconJul 9, 2016 at 1:41 p.m. UTC
Updated Sep 11, 2021 at 12:22 p.m. UTC

The bitcoin block reward is set to fall from 25 bitcoins to 12.5 bitcoins in just a few hours.

The event, which happens roughly every four years, represents a major shift in the mining landscape, and speculation has swirled about what impact the reward drop will have on the bitcoin mining ecosystem.

CoinDesk will be live blogging today's event, providing updates on the latest speculation and commentary.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
Opaque Platforms and Intertwined Protocols Pose Big Risk to Crypto

Second article in a series about risks we’re thinking about during these crypto down days.

CoinDesk - Unknown
2
CoinDesk - Unknown
Putin Weaponizes Inflation

Examining a recent propaganda speech from the Russian leader.

CoinDesk - Unknown
3
CoinDesk - Unknown
Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows

FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors.

CoinDesk - Unknown