Bitcoin block #300000 was just mined today

https://blockchain.info/block-index/402444/000000000000000082ccf8f1557c5d40b21edabb18d2d691cfbf87118bac7254

by tomkwok • 12 years ago

18 7 12 years ago

blockchain.info

jtokoph• 12 years ago

Is there something notable about this block like a change in mining reward?

With a relatively controlled block rate of 6/hour, can't we predict when almost any block will be mined?

oakwhiz• 12 years ago

The long term averages are showing slightly more than 6 per hour. Over the short term the spacing between blocks varies pretty wildly. I sure would not want to rely on a clock powered by Bitcoin block times :-)

wubbfindel• 12 years ago

I'm not into Bitcoin. So could someone explain the significance of this to us laymen?

buro9• 12 years ago

Not sure of the significance: https://en.bitcoin.it/wiki/Blocks#How_many_blocks_are_there....

    What is the maximum number of blocks?
    
    There is no maximum number, blocks just keep getting
    added to the end of the chain at an average rate of
    one every 10 minutes.

    Even when all 21 million coins have been generated?

    Yes. The blocks are for proving that transactions
    existed at a particular time. Transactions will
    still occur once all the coins have been generated,
    so blocks will still be created as long as people
    are trading Bitcoins.

sp332• 12 years ago

Well, I guess it's a continuation of Bitcoin mining being ahead of schedule. Discussion https://news.ycombinator.com/item?id=5780861 and since that article is dead, here's another one http://www.dailydot.com/business/bitcoin-mining-55-years-ahe...

shachar• 12 years ago

It's just a nice round number. The next halving of the coinbase reward is still far off.

cLeEOGPw• 12 years ago

How did this manage to get to the frontpage? Wasn't there some rule that would punish articles with bitcoin? Did pg change ranking rules again?

Bitcoin block #300000 was just mined today

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