Bitcoin network logs 700,000th block as adoption intensifies

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On 11 September Bitcoin miners created a huge finding for a network, their 700,000th block Bitcoin (BTC) miners have created their 700,000th block on Sept. 11 a major discovery for a network who detractors have stated that it died at least 428 times ever since 2009.  Bitcoin took at least two years to produce 100,000 more blocks after reaching the 600,000 milestone on Oct. 18, 2019. During the time the last 100,000 block milestone, the BTC price was at least worth less than $8,000. At the present, one bitcoin is worth over $45,500. During the time of writing, bitcoins entire supply was at 18,812,806 or 89.5% of all the coins which will be generated. There are new blocks being created consecutively even though the production time is affected because of mining issues. Bitcoin’s mining difficulty is handled every two weeks which is basically a process which resets the difficulty faced by miners to mine the digital asset. At the current speed of block production, the final bitcoin wil

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Źródło: https://tokeneo.com/bitcoin-network-logs-700-000th-block-as-adoption-intensifies/

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