How Many Bitcoins Are There? How Many Left to Mine? (2020)

DyslexicZombei's Miners Cooperative

We are an at cost democratic ASIC Miners Cooperative based on the Bitcoin Talk Group Buys Forum. We vote on all major decisions on important matters and have members on 4 continents and 2 island chains. We're a true representative democracy with weighted voting based on the number of shares owned in a particular Round with everyone's voices being respected.
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Primecoin

Discussion about Primecoin and its infra. Primecoin is a very innovative cryptocurrency, being the 1st non Hash-Cash PoW crypto, naturally scarce (not artificially), with very fast confirmations (1min), elastic readjusting reward & a useful mining (byproducts are primes). Primecoin is sustainable (miners are guaranteed to have revenues), and decentralized (ASIC/FPGA are not particularly advantaged). Sidechain for decentralized data applications (e.g. Storj) currently in development.
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80% of BTC are mined in China, mining equipment is overwhelmingly made in China, and a relatively small number of mostly Chinese mining pools / miners are keeping up the blockchain. Are you worried about this centralization? If not, why not? (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

@Reuters: #Bitcoin's 'halving': It will slash the number of new crypto coins awarded to bitcoin miners by a half. Here's what you need to know https://t.co/l6o6dL9Ek2

@Reuters: #Bitcoin's 'halving': It will slash the number of new crypto coins awarded to bitcoin miners by a half. Here's what you need to know https://t.co/l6o6dL9Ek2 submitted by -en- to newsbotbot [link] [comments]

The 3rd Bitcoin halving is coming in the middle of this month. The supply of Bitcoins issued as mining rewards will cut in half. How many miners are around the world now? Do you think the number of miners after shrinking rewards will increase or decrease?

The 3rd Bitcoin halving is coming in the middle of this month. The supply of Bitcoins issued as mining rewards will cut in half. How many miners are around the world now? Do you think the number of miners after shrinking rewards will increase or decrease? submitted by mirrasel to Bitcurate [link] [comments]

@Reuters: #Bitcoin's 'halving': It will slash the number of new crypto coins awarded to bitcoin miners by a half. Here's what you need to know https://t.co/hpmbXqV2R0

@Reuters: #Bitcoin's 'halving': It will slash the number of new crypto coins awarded to bitcoin miners by a half. Here's what you need to know https://t.co/hpmbXqV2R0 submitted by -en- to newsbotbot [link] [comments]

Bitcoin.com, ViaBTC join ‘Miner’s Choice’ initiative for Bitcoin Cash miners. ...a move that will eliminate the current dust limit and begin processing a number of zero-free transactions in every Bitcoin BCH block.

Bitcoin.com, ViaBTC join ‘Miner’s Choice’ initiative for Bitcoin Cash miners. ...a move that will eliminate the current dust limit and begin processing a number of zero-free transactions in every Bitcoin BCH block. submitted by unstoppable-cash to btc [link] [comments]

Be careful Garry's Mod players - A number of servers are trying load BitCoin miners on your machine.

Be careful Garry's Mod players - A number of servers are trying load BitCoin miners on your machine. submitted by Leelum to gaming [link] [comments]

So B2X signatories had more than 20 millions custodial wallets, hundreds of millions of VC money, 85% of miners signalling. And they failed. This shows that in bitcoin, these numbers aren't those which matter.

So B2X signatories had more than 20 millions custodial wallets, hundreds of millions of VC money, 85% of miners signalling. And they failed. This shows that in bitcoin, these numbers aren't those which matter. submitted by allcuzone to Bitcoin [link] [comments]

There is an incentive for miners that have heavily invested in newer (and faster) mining equipment to exert pressure on the price of Bitcoin. Doing so wipes out the slower competing miners, which helps maximize the number of Bitcoins they can acquire before the halving in May 2020. Read more...

There is an incentive for miners that have heavily invested in newer (and faster) mining equipment to exert pressure on the price of Bitcoin. Doing so wipes out the slower competing miners, which helps maximize the number of Bitcoins they can acquire before the halving in May 2020. Read more... submitted by CoinMarketExpert to CoinMarketExpertCom [link] [comments]

"Glad to see that the number of miners increase on #BitcoinSV. #bitcoin #BSV"

submitted by cryptorebel to bitcoincashSV [link] [comments]

Andreas in Jan 2016 on nodes vs miners and their contribution to bitcoin network: "Node count is a lot less important than miners. Validating on the way to the miners is important for propagation, but bitcoin network has no problem with latency or propagation. The current number of nodes is fine"

Andreas in Jan 2016 on nodes vs miners and their contribution to bitcoin network: submitted by hunk_quark to btc [link] [comments]

Bitcoin holders will always have roughly 100x more staked on the value of Bitcoin than miners. This proves it is financially infeasible for miners to afford a node, that a significant number of Bitcoin stakeholders cannot also afford. For that reason, the "Runaway node" cost is a myth.

Bitcoin holders will always have roughly 100x more staked on the value of Bitcoin than miners. This proves it is financially infeasible for miners to afford a node, that a significant number of Bitcoin stakeholders cannot also afford. For that reason, the submitted by guyfawkesfp to btc [link] [comments]

On Bitcoin Core developer mailing list: Hardfork to fix difficulty drop algorithm suggested to take care of potential drop in number of miners after the halvening this July. However, if a hardfork is considered anyway, then why not increase block size in that same hardfork while we're at it?

submitted by r5t6y7 to Bitcoin [link] [comments]

06-12 11:54 - 'Seems like a lot of what you said just isn’t how it works / Edit: the number of mining devices shouldn’t be affected and if anything there would be fewer miners running / being sold if the profitability drops from the reward...' by /u/butterball6 removed from /r/Bitcoin within 1-11min

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Seems like a lot of what you said just isn’t how it works
Edit: the number of mining devices shouldn’t be affected and if anything there would be fewer miners running/ being sold if the profitability drops from the reward having. Electricity costs also stay the same. Profitability drops for all mining operations by the same proportion and if the price of bitcoin doubled at the same time then profitability would match what it was before the halving and everything would be basically the same in terms of mining.
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Author: butterball6
submitted by removalbot to removalbot [link] [comments]

Georgia a Country With Population of 3.5 Million is Amongst US and China With the Largest Number of Bitcoin Miners

Georgia a Country With Population of 3.5 Million is Amongst US and China With the Largest Number of Bitcoin Miners submitted by giogul to Bitcoin [link] [comments]

Graph: Mempool Transaction Count - The number of transactions waiting to be confirmed. Backlogs at an all-time high, users experiencing delays, unable to transact, miners losing fees. Bitcoin network congested and unreliable due to Core/Blockstream's never-ending obstructionism, censorship and lies.

Graph:
https://blockchain.info/charts/mempool-count?timespan=all
Core/Blockstream is sabotaging the network by forcing everyone to use their shitty tiny 1 MB "max blocksize" when everyone knows the network can already support 4 MB blocks.
It's time for the Bitcoin community to tell the owners of Blockstream and "the devs they rode in on" to go fuck themselves.
Bitcoin Unlimited is the real Bitcoin, in line with Satoshi's vision.
Meanwhile, BlockstreamCoin+RBF+SegWitAsASoftFork+LightningCentralizedHub-OfflineIOUCoin is some kind of weird unrecognizable double-spendable non-consensus-driven fiat-financed offline centralized settlement-only non-P2P "altcoin".
Smart miners like ViaBTC have already upgraded to Bitcoin Unlimited - and more and more users and miners are dumping Core.
The best way to ensure Bitcoin's continued success is to abandon the corrupt incompetent liars from Core/Blockstream - and move forward with simple, safe on-chain scaling now by upgrading to Bitcoin Unlimited.
submitted by ydtm to btc [link] [comments]

"Today, the fees represent 0.5% or less of a bitcoin miner’s income'...' However, as the reward decreases over time and the number of transactions per block increases, a greater proportion of bitcoin mining earnings will come from fees. " - Andreas M. Antonopoulos

submitted by TheCloisters to Bitcoin [link] [comments]

"Glad to see that the number of miners increase on #BitcoinSV. #bitcoin #BSV"

submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

[META] bitcoin miner fees are currently very high and rising, ~$12+ btc, number of unconfirmed transactions are very high and rising too, ~200k+, keep in mind buying and selling btc

submitted by nter to BitMarket [link] [comments]

At what price will we see a large number of miners turning off their machines to the point it starts affecting network stability? /r/Bitcoin

At what price will we see a large number of miners turning off their machines to the point it starts affecting network stability? /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Number of miners of Bitcoin with time will decrease, so how Bitcoin will survive that?

With time the reward for adding a block to the blockchain will be decrease and, so with time miners won't find it a good investment to mine because there will be only losses, expenses > income, expenses of energy and material, so no many miners to verify transactions, how Bitcoin will survive that?
submitted by Neos07 to Bitcoin [link] [comments]

"Today, the fees represent 0.5% or less of a bitcoin miner’s income'...' However, as the reward decreases over time and the number of transactions per block increases, a greater proportion of bitcoin mining earnings will come from fees. " - Andreas M. Antonopoulos

submitted by TheCloisters to btc [link] [comments]

Bitcoin.com, ViaBTC join Miners Choice initiative for Bitcoin Cash miners. ...a move that will eliminate the current dust limit and begin processing a number of zero-free transactions in every Bitcoin BCH block.

Bitcoin.com, ViaBTC join Miners Choice initiative for Bitcoin Cash miners. ...a move that will eliminate the current dust limit and begin processing a number of zero-free transactions in every Bitcoin BCH block. submitted by SimilarAdvantage to BitcoinAll [link] [comments]

Miners On Bitcoin Halving How to mine $1,000,000 of Bitcoin using just a laptop ... Who Pays the Bitcoin Mining Reward? - George Levy Inside a Bitcoin mine that earns $70K a day - YouTube Millionaires vs. Bitcoin Supply!!  2000 -2019

While it is not really possible to zoom in on a number of bitcoin miners, it is safe to say that the number would easily be north of 300,000. If we look at the massive growth in the cryptocurrency industry in the last couple of years, it is clearly understood that more people are tempted to get into the mining business in the hopes of massive profits. With mining equipment being not overly ... Block Reward refers to how many Bitcoins are received by mining a single block of Bitcoin. Now, the number of Bitcoins to be produced every time a new block is created began at the number of 50 Bitcoins. This number, in terms of block reward, is supposed to go down by half its value every single 2,10,000 blocks have been mined. That number of ... China mines the most bitcoins of any nation and therefore also exports the largest number of bitcoins. This has been driven, in part, by cheap electricity – Chinese Bitcoin miners have gained an advantage by capturing a large percentage of Bitcoin’s hash power. Most, and indeed some of the world’ largest, mining pools are based in China. Countries With Maximum Number of Bitcoin Miners. Bitcoin is a decade old phenomenon, but its impact on the global community has been largest in the shortest period of time. The technology of distributed ledger or Blockchain, in general, has impressed one and all. It is also being touted as the tool for the next industrial revolution. Geographically countries which are the sucker for technology ... This week a number of Bitcoin Cash mining pools have started to signal node implementations. A number of miners have been signaling “Powered by BCHN” in the coinbase parameter messages.

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Miners On Bitcoin Halving

Likewise a cryptocurrency like bitcoin cannot be have its value measured by the number of miners, the hashrate or even the number of active wallet addresses. The only way to value a cryptocurrency ... The virtual goldrush to mine Bitcoin and other cryptocurrencies leads us to Central Washington state where a Bitcoin mine generates roughly $70,000 a day min... What it really takes to mine a Bitcoin in 10 Minutes. Firstly I'll show you a special free method to mine Bitcoin and send funds directly to your wallet in 1... Mining Bitcoin is as easy as installing the mining software on the PC you already own and clicking start. Anyone can do this and see the money start rolling ... In this Video: The End of Bitcoin Mining - Crypto Mining is DEAD Tags: bitcoin mining, bitcoins investment, mining rig, mining bitcoins, crypto investor, cryptocurrency investing, brucewannng ...

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