Bitcoin mining less rewarding: supply halved


The mining of bitcoins just got a lot harder this weekend: the reward for miners was halved yesterday. Where there were previously 25 bitcoins (approximately $16,000) to be mined every 10 minutes, there has now to be fought over 12.5. This measure automatically kicks in every four years as part of an attempt to curb inflation that would come from both a growing number of miners and ever-faster computers.
Source: Igaming News

Tags: