Midterm 01 - Facts (Fall 24)
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13 Terms
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Market cap
1.8 trillion
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Price
$54k - $64k
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Coins mined
19.6 million
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Total coins to be minted/total number of coins will ever be created or available
21 million
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Current transaction fees
$0.50
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Block count
860k
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First block mined
January 2009
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Transactions/block
2000 to 5000
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Current mining payout
3.125 bitcoins
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Goal for block pushing time
10 minutes
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Halving
every 4 years
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Target value reset
every 2 weeks
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Size of private key
2256