Bitcoin mining reward halved

[josh at kyneticwifi.com (Josh Reynolds)]

This is pretty O/T for this list, isn't it?
On Jul 9, 2016 12:15 PM, "John Levine" <johnl at iecc.com> wrote:

> At about 16:46 UTC block 420001 showed up on the Bitcoin blockchain,
> so the mining reward per block dropped from 25 to 12.5 btc.
>
> Depending on whom you believe, nothing will change, or most of the
> miners will go offline, or something else.  My blockchain client saw
> 420002 was over 25 minutes after 420001 ago, and over 10,000 waiting
> transactions, so perhaps the second theory is correct.
>
> Anyone here tracking bitcoin P2P traffic?
>
> R's,
> John
>
>