Morning Scan: Bitcoin Miner Reward Slashed in 'Halving'

07/11/16

Receiving Wide Coverage ...

Holding steady: "Halving" sounds like it should be straight out of Lord of the Rings or The Hunger Games, but it's not. Bitcoin survived its quadrennial event on Saturday, with the reward for mining new bitcoins slashed in half for a second time in the virtual currency's history. The change could thin the herd of bitcoin miners, armed with powerful computer processors, that have popped up around the world. ...

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