Bitcoin Block Mining Reward Halving
Description
The Bitcoin block mining reward halves every 210,000 blocks.
When the current mining reward will drop from 25 to 12.5 Bitcoin?
There are a lot of predictions around, but the fork is still large, for example
http://www.bitcoinblockhalf.com/
http://bitcoinclock.com/
In case of the 2MB fork the 2MB chain will be used for the resolution
Credit to https://www.flickr.com/photos/wwwarizmonterojazcom/ for the coin image
Decision Logic
For the resolution of the bet, will be used the timestamp of the first block with a mining reward of 12.5 Bitcoin. The winner option will be:
"Before 16 June" if timestamp is on or before 2016-06-15T23:59:59Z
"Between 16-30 June" if timestamp between 2016-06-16T00:00:00Z and 2016-06-30T23:59:59Z
"Between 1-15 July" if timestamp between 2016-07-01T00:00:00Z and 2016-07-15T23:59:59Z
"After 15 July" if timestamp is on or after 2016-07-16T00:00:00Z
12:40PM, Feb 16, 2016 UTC
4:00PM, Jul 9, 2016 UTC
3:25AM, Jul 11, 2016 UTC
RESOLVED AT 7:46PM, Jul 11, 2016 UTC
Total Volume: 0.3163
This bet has been resolved!
The outcome was "Between 1-15 July"
0.31627157 was split between 10 bettors.
Volume: | 0.0250 |
# of Bets: | 3 |
Volume: | 0.0513 |
# of Bets: | 4 |
Volume: | 0.2300 |
# of Bets: | 10 |
Volume: | 0.0100 |
# of Bets: | 2 |
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