Bitcoin block #300000 was just mined today

Re:Bitcoin block #300000 was just mined today by buro9 on Saturday May 10, 2014 @07:17AM (#7725074)

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.

[ Parent | on HN ]

Re:Bitcoin block #300000 was just mined today by sp332 on Saturday May 10, 2014 @07:26AM (#7725084)

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...

[ Parent | on HN ]

Re:Bitcoin block #300000 was just mined today by shachar on Saturday May 10, 2014 @09:44AM (#7725361)

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

[ Parent | on HN ]