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2024-09-22 00:09:55

xplbzx on Nostr: From The Simplest Bitcoin Book by SimplestBitcoinBook A mnemonic on #Bitcoin ...

From The Simplest Bitcoin Book by SimplestBitcoinBook (npub1dpn…0ef2)
A mnemonic on #Bitcoin mechanics - level39's Satoshi #numbers (369 Clock)

- Bitcoin is designed to mine 6 blocks per hour (one block on average every ~10 mins)

24 hrs .. 2+4=6
144 blocks/day .. 1+4+4=9
52560 blocks/year .. 5+2+5+6+0=18 .. 1+8=9
52704 blocks per leap year .. 5+2+7+0+4=18 .. 1+8=9
21 Million coins .. 2+1+0+0+0+0+0+0=3
33 Halvings .. 3+3=6
Difficulty adjusts every 2016 blocks .. 2+0+1+6=9
Block reward halving every 210000th block (~ four years) .. 2+1+0+0+0+0=3

#simple #math

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