Bitcoin and 2015: The Final Countdown
There’s three months left to the year end of 2015 and the Bitcoin environment has been getting pretty exciting. With many new announcements and the 2015 venture capital investment numbers trumping 2014, people should be pleased. The beginning of the fall has introduced some great crypto-innovations and ideas that should flourish in 2016 and beyond.....
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According to countdown statistics based on the average block generation time of around ten minutes, progress toward the next Bitcoin block reward halving has surpassed 60%. However, while most halving countdown clocks leverage the ten-minute average, the countdown leveraging the most current block intervals of around 7:65 minutes shows the halving could occur in 2023.
Faster Block Intervals Suggest Bitcoin Halving Could Happen in 2023
Just recently, at block height 757,214, mined on October 5, 2022, Bitcoin’s total hashrate tapped an all-time high (ATH) at 321.15 exahash....
After a turbulent few days, Bitcoin (BTC) has resumed its downtrend, currently retracing toward $111,000. This marks a 12% decline from its recent peak of $126,000, which raises concerns among market experts who suggest that the bull run may be closer to its end than many investors believe. End Of Bitcoin Bull Cycle Within Nine Days? On October 14, market analyst CryptoBirb, took to social media platform X (formerly Twitter) to assert that the bullish cycle is nearing its conclusion, stating that it may end within the next nine days. He referenced the Cycle Peak Countdown indicator, which....
The US election is fast approaching, with voters set to cast the final votes in the next 48 hours. This election season has seen a unique focus on the crypto industry, as the two major candidates, Kamala Harris and Donald Trump, have addressed the future of digital assets as a key campaign point. Related Reading: […]
Bitcoin Core’s innovative solution designed to scale the Bitcoin network by moving witness data outside the traditional block structure is finally approaching its release. The Bitcoin Core team announced on Twitter that the Segregated Witness release is on its “final countdown,” with various tests and necessary information in place to upgrade the Bitcoin network. Segregated Witness is a sophisticated scaling technology designed to provide two major benefits to Bitcoin miners, users, and businesses: elimination of malleability and capacity increase. Initially, the Segwit proposal was....
Last week I linked to a countdown timer that Coinbase put up on their website, titled “Lunar,” containing the text “to the moon” in the page source, and accompanied with some epic space music from Interstellar. Needless to say, there was a lot of hype surrounding the countdown. A few hours before the timer hit zero, it was revealed that the new product....