Halvings
HalvingsEpoch
First Halving
Block reward drops from 50 BTC to 25 BTC at block 210,000.
Related Events
The first halving reduced the block subsidy from 50 to 25 BTC. Price was ~$12. Many predicted miners would quit; instead, the ecosystem grew. This validated Bitcoin's programmed scarcity mechanism.
Tags
#halving-1#scarcity
What else happened around this time?
HalvingsLegendary
Second Halving
Block reward drops from 25 BTC to 12.5 BTC at block 420,000.
BTC $650#halving-2
SecurityMajor
Pirateat40 Ponzi Collapses
First major Bitcoin Ponzi scheme defrauds investors of ~7,000 BTC.
BTC $11#ponzi#fraud
AdoptionNotable
First Bitcoin Foundation Board Election
The Bitcoin Foundation held its first member board election.
#foundation#governance
HardwareLegendary
ASIC Mining Era Begins
Purpose-built ASIC miners replace GPUs and FPGAs.
#asic#mining