Dissecting Bitcoin Block 420,000
A few years back after the last halving I wrote an article shortly after the first halving block 210,000 was mined dropping the subsidy from 50 BTC to 25 BTC. Since block 420,000 was just mined reducing the subsidy from 25 BTC to 12.5 BTC I thought it would be an appropriate time to write a follow-up article with similar data for the most recent halving block comparing it to the previous one.
The chatter is a buzz in the bitcion community, the 210,000th bitcoin block
has been mined, there are now 10,499,925 bitcoins and the reward
miners receive from solving a block has dropped from 50 to 25 bitcoins.
At precisely 2012-11-28 15:24:55 UTC a miner called …