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Bitcoin Block Reward by aro.steem

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bitcoin · @aro.steem ·
$2.20
Bitcoin Block Reward
#### As time passes more blocks are on the chain, and the less bitcoins are left to mine.
Bitcoin Mining Reward are classified withing ERAS, there will be a total of 34 “reward eras”.
On the genesis era 50 bitcoins were earned as a reward for the miner who found the block, 
it dropped next to 25 bitcoins per block and then nowadays to 12,5.

Block Rewards are halved each around 4 years or on each 210,000 Block to be more exact.

Next Reward ERA (No. 4) is expected to start In May 2020 resulting in 6.25 bitcoins per block.

Doing the math, the last Bitcoin should be mined sometime in the year 2140!

#### What Next When the Last Bitcoin is Mined?
Bitcoin miners are paid transaction fees as well, these fees will keep Bitcoin running and incentivising miners to keep running the network. 

![image.png](https://ipfs.busy.org/ipfs/QmVr72oNiPbVbpaUQctgBw57ywANi4DuCLkqBZbcs5gX7X)


<table class="wikitable" style="text-align:right">
<tbody><tr>
<th> Block</th>
<th>Reward Era</th>
<th> BTC/block</th>
<th> Start BTC</th>
<th> BTC Added</th>
<th> End BTC</th>
<th> BTC Increase</th>
<th> End BTC&nbsp;% of Limit
</th></tr>
<tr>
<td> 0</td>
<td> 1</td>
<td> 50.00000000</td>
<td> 0.00000000</td>
<td> 10500000.00000000</td>
<td> 10500000.00000000*</td>
<td> infinite</td>
<td> 50.00000006%
</td></tr>
<tr>
<td> 210000</td>
<td> 2</td>
<td> 25.00000000</td>
<td> 10500000.00000000</td>
<td> 5250000.00000000</td>
<td> 15750000.00000000</td>
<td> 50.00000000%</td>
<td> 75.00000008%
</td></tr>
<tr>
<td> 420000</td>
<td> 3</td>
<td> 12.50000000</td>
<td> 15750000.00000000</td>
<td> 2625000.00000000</td>
<td> 18375000.00000000</td>
<td> 16.66666667%</td>
<td> 87.50000010%
</td></tr>
<tr>
<td> 630000</td>
<td> 4</td>
<td> 6.25000000</td>
<td> 18375000.00000000</td>
<td> 1312500.00000000</td>
<td> 19687500.00000000</td>
<td> 7.14285714%</td>
<td> 93.75000010%
</td></tr>
<tr>
<td> 840000</td>
<td> 5</td>
<td> 3.12500000</td>
<td> 19687500.00000000</td>
<td> 656250.00000000</td>
<td> 20343750.00000000</td>
<td> 3.33333333%</td>
<td> 96.87500011%
</td></tr>
<tr>
<td> 1050000</td>
<td> 6</td>
<td> 1.56250000</td>
<td> 20343750.00000000</td>
<td> 328125.00000000</td>
<td> 20671875.00000000</td>
<td> 1.61290323%</td>
<td> 98.43750011%
</td></tr>
<tr>
<td> 1260000</td>
<td> 7</td>
<td> 0.78125000</td>
<td> 20671875.00000000</td>
<td> 164062.50000000</td>
<td> 20835937.50000000</td>
<td> 0.79365079%</td>
<td> 99.21875011%
</td></tr>
<tr>
<td> 1470000</td>
<td> 8</td>
<td> 0.39062500</td>
<td> 20835937.50000000</td>
<td> 82031.25000000</td>
<td> 20917968.75000000</td>
<td> 0.39370079%</td>
<td> 99.60937511%
</td></tr>
<tr>
<td> 1680000</td>
<td> 9</td>
<td> 0.19531250</td>
<td> 20917968.75000000</td>
<td> 41015.62500000</td>
<td> 20958984.37500000</td>
<td> 0.19607843%</td>
<td> 99.80468761%
</td></tr>
<tr>
<td> 1890000</td>
<td> 10</td>
<td> 0.09765625</td>
<td> 20958984.37500000</td>
<td> 20507.81250000</td>
<td> 20979492.18750000</td>
<td> 0.09784736%</td>
<td> 99.90234386%
</td></tr>
<tr>
<td> 2100000</td>
<td> 11</td>
<td> 0.04882812</td>
<td> 20979492.18750000</td>
<td> 10253.90520000</td>
<td> 20989746.09270000</td>
<td> 0.04887585%</td>
<td> 99.95117198%
</td></tr>
<tr>
<td> 2310000</td>
<td> 12</td>
<td> 0.02441406</td>
<td> 20989746.09270000</td>
<td> 5126.95260000</td>
<td> 20994873.04530000</td>
<td> 0.02442599%</td>
<td> 99.97558604%
</td></tr>
<tr>
<td> 2520000</td>
<td> 13</td>
<td> 0.01220703</td>
<td> 20994873.04530000</td>
<td> 2563.47630000</td>
<td> 20997436.52160000</td>
<td> 0.01221001%</td>
<td> 99.98779307%
</td></tr>
<tr>
<td> 2730000</td>
<td> 14</td>
<td> 0.00610351</td>
<td> 20997436.52160000</td>
<td> 1281.73710000</td>
<td> 20998718.25870000</td>
<td> 0.00610426%</td>
<td> 99.99389658%
</td></tr>
<tr>
<td> 2940000</td>
<td> 15</td>
<td> 0.00305175</td>
<td> 20998718.25870000</td>
<td> 640.86750000</td>
<td> 20999359.12620000</td>
<td> 0.00305194%</td>
<td> 99.99694833%
</td></tr>
<tr>
<td> 3150000</td>
<td> 16</td>
<td> 0.00152587</td>
<td> 20999359.12620000</td>
<td> 320.43270000</td>
<td> 20999679.55890000</td>
<td> 0.00152592%</td>
<td> 99.99847420%
</td></tr>
<tr>
<td> 3360000</td>
<td> 17</td>
<td> 0.00076293</td>
<td> 20999679.55890000</td>
<td> 160.21530000</td>
<td> 20999839.77420000</td>
<td> 0.00076294%</td>
<td> 99.99923713%
</td></tr>
<tr>
<td> 3570000</td>
<td> 18</td>
<td> 0.00038146</td>
<td> 20999839.77420000</td>
<td> 80.10660000</td>
<td> 20999919.88080000</td>
<td> 0.00038146%</td>
<td> 99.99961859%
</td></tr>
<tr>
<td> 3780000</td>
<td> 19</td>
<td> 0.00019073</td>
<td> 20999919.88080000</td>
<td> 40.05330000</td>
<td> 20999959.93410000</td>
<td> 0.00019073%</td>
<td> 99.99980932%
</td></tr>
<tr>
<td> 3990000</td>
<td> 20</td>
<td> 0.00009536</td>
<td> 20999959.93410000</td>
<td> 20.02560000</td>
<td> 20999979.95970000</td>
<td> 0.00009536%</td>
<td> 99.99990468%
</td></tr>
<tr>
<td> 4200000</td>
<td> 21</td>
<td> 0.00004768</td>
<td> 20999979.95970000</td>
<td> 10.01280000</td>
<td> 20999989.97250000</td>
<td> 0.00004768%</td>
<td> 99.99995236%
</td></tr>
<tr>
<td> 4410000</td>
<td> 22</td>
<td> 0.00002384</td>
<td> 20999989.97250000</td>
<td> 5.00640000</td>
<td> 20999994.97890000</td>
<td> 0.00002384%</td>
<td> 99.99997620%
</td></tr>
<tr>
<td> 4620000</td>
<td> 23</td>
<td> 0.00001192</td>
<td> 20999994.97890000</td>
<td> 2.50320000</td>
<td> 20999997.48210000</td>
<td> 0.00001192%</td>
<td> 99.99998812%
</td></tr>
<tr>
<td> 4830000</td>
<td> 24</td>
<td> 0.00000596</td>
<td> 20999997.48210000</td>
<td> 1.25160000</td>
<td> 20999998.73370000</td>
<td> 0.00000596%</td>
<td> 99.99999408%
</td></tr>
<tr>
<td> 5040000</td>
<td> 25</td>
<td> 0.00000298</td>
<td> 20999998.73370000</td>
<td> 0.62580000</td>
<td> 20999999.35950000</td>
<td> 0.00000298%</td>
<td> 99.99999706%
</td></tr>
<tr>
<td> 5250000</td>
<td> 26</td>
<td> 0.00000149</td>
<td> 20999999.35950000</td>
<td> 0.31290000</td>
<td> 20999999.67240000</td>
<td> 0.00000149%</td>
<td> 99.99999855%
</td></tr>
<tr>
<td> 5460000</td>
<td> 27</td>
<td> 0.00000074</td>
<td> 20999999.67240000</td>
<td> 0.15540000</td>
<td> 20999999.82780000</td>
<td> 0.00000074%</td>
<td> 99.99999929%
</td></tr>
<tr>
<td> 5670000</td>
<td> 28</td>
<td> 0.00000037</td>
<td> 20999999.82780000</td>
<td> 0.07770000</td>
<td> 20999999.90550000</td>
<td> 0.00000037%</td>
<td> 99.99999966%
</td></tr>
<tr>
<td> 5880000</td>
<td> 29</td>
<td> 0.00000018</td>
<td> 20999999.90550000</td>
<td> 0.03780000</td>
<td> 20999999.94330000</td>
<td> 0.00000018%</td>
<td> 99.99999984%
</td></tr>
<tr>
<td> 6090000</td>
<td> 30</td>
<td> 0.00000009</td>
<td> 20999999.94330000</td>
<td> 0.01890000</td>
<td> 20999999.96220000</td>
<td> 0.00000009%</td>
<td> 99.99999993%
</td></tr>
<tr>
<td> 6300000</td>
<td> 31</td>
<td> 0.00000004</td>
<td> 20999999.96220000</td>
<td> 0.00840000</td>
<td> 20999999.97060000</td>
<td> 0.00000004%</td>
<td> 99.99999997%
</td></tr>
<tr>
<td> 6510000</td>
<td> 32</td>
<td> 0.00000002</td>
<td> 20999999.97060000</td>
<td> 0.00420000</td>
<td> 20999999.97480000</td>
<td> 0.00000002%</td>
<td> 99.99999999%
</td></tr>
<tr>
<td> 6720000</td>
<td> 33</td>
<td> 0.00000001</td>
<td> 20999999.97480000</td>
<td> 0.00210000</td>
<td> 20999999.97690000</td>
<td> 0.00000001%</td>
<td> 100.00000000%
</td></tr>
<tr>
<td> 6930000</td>
<td> 34</td>
<td> 0.00000000</td>
<td> 20999999.97690000</td>
<td> 0.00000000</td>
<td> 20999999.97690000</td>
<td> 0.00000000%</td>
<td> 100.00000000%
</td></tr></tbody></table>
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properties (23)
authoraro.steem
permlinkbitcoin-block-reward
categorybitcoin
json_metadata{"community":"busy","app":"busy/2.5.6","format":"markdown","tags":["bitcoin","mining","cryptocurrency","economy","busy"],"users":[],"links":[],"image":["https://ipfs.busy.org/ipfs/QmVr72oNiPbVbpaUQctgBw57ywANi4DuCLkqBZbcs5gX7X"]}
created2019-04-10 08:40:48
last_update2019-04-10 08:40:48
depth0
children1
last_payout2019-04-17 08:40:48
cashout_time1969-12-31 23:59:59
total_payout_value1.708 HBD
curator_payout_value0.493 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length7,488
author_reputation13,589,686,925,958
root_title"Bitcoin Block Reward"
beneficiaries
0.
accountbusy.org
weight1,000
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id82,794,150
net_rshares4,037,543,980,936
author_curate_reward""
vote details (889)
@steemitboard · 
Congratulations @aro.steem! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td>https://steemitimages.com/60x70/http://steemitboard.com/@aro.steem/voted.png?201904110000</td><td>You received more than 110000 upvotes. Your next target is to reach 120000 upvotes.</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@aro.steem) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=aro.steem)_</sub>
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properties (22)
authorsteemitboard
permlinksteemitboard-notify-arosteem-20190411t003826000z
categorybitcoin
json_metadata{"image":["https://steemitboard.com/img/notify.png"]}
created2019-04-11 00:38:24
last_update2019-04-11 00:38:24
depth1
children0
last_payout2019-04-18 00:38:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,365
author_reputation38,975,615,169,260
root_title"Bitcoin Block Reward"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id82,846,711
net_rshares0
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