THIS DAY IN BITCOIN HISTORY

July 9

What happened in Bitcoin on July 9: The second halving (2016). Plus 3 of Satoshi’s emails and forum posts from this date.

ON THE TIMELINE

Turning points on July 9.

2016

The second halving

Block 420,000 cuts the new-coin reward from 25 to 12.5 BTC.

block subsidy: 25 BTC → 12.5 BTC

Block 420,000 · July 9, 2016 · 16:46:13 UTC
FROM THE ARCHIVE

What Satoshi wrote on July 9.

SATOSHI ON MOTIVES
Yes, but we can win a major battle in the arms race and gain a new territory of freedom for several years.
Read the full quotes ↗
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