Quick Blockchain and Bitcoin Facts
Blockchain Technology Supports three (3) key areas:
- Value
- Trust
- Reliability
Bitcoin Mining Rewards from the past years:
• In 2009 50 BTC were produced every 10 mins ( 7200 BTC daily) as reward for successful mining the block
• As a result of the "Halving" every 210, 000 block or every 4 years, 25 BTC were produced every 10 mins (ie. 3600 daily BTC) in 2012
• In 2016 after the Halving, 12.5 BTC were produced every 10 mins (1,800 daily)
• In 2020, 6.25 BTC were produced every 10 mins (900 BTC daily) Bitcoin Mining simply means validation of transactions. Last Bitcoin will be mined in the year 2140.
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Coinbase sign-up link: https://www.coinbase.com/join/zakari_kf
Binance.US sign-up link: https://accounts.binance.us/en/register?ref=35380408
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OTHER RESOURCE LINKS BELOW: Coinmarketcap link: https://coinmarketcap.com/
Link to the Genesis Block (Block 0) https://www.blockchain.com/btc/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f
Check the latest block: https://www.blockchain.com/explorer