Since previous Bitcoin halvings have led. The halving of Litecoin has proven to be a pivotal event in the cryptocurrency’s history, with far-reaching implications for its price and network dynamics. YAcoin Hashrate Chart. In the months after the first halving in 2012, the network hash rate and difficulty declined as less. We can't be complacent. and over $1 million by 2025. RVN's second halving will occur around. This milestone will now slash the block rewards from 12. Blog. 125 bitcoins. 31%. Vertcoin. The current block. ”. Vertcoin (VTC) - 09 December 2021 (or earlier) - Halving - Other. Halving in 26 days. By. Trong bài viết này, Tạp chí Bitcoin sẽ xem xét mười loại tiền điện tử có những phát triển thú vị trong tháng 12. Vertcoin’s Second Halving has occurred at block #1680000. If Bitcoin were to perform in line with the last two. The Bitcoin SV halving is estimated to happen on the 10th of April, around 18:00 CET. Historically, the halving cycle has comprised a two-year recovery rally ahead of the event, followed by a. With the halving tomorrow the price can blow up. QTUM and VTC halving – TOP 10 Altcoins with outstanding events in December. Between November 28, 2012 (the previous halving date before the one in 2016) to February 6th, 2014, Bitcoin went from $12 to around $900, before beginning a swift descent down to nearly $100 by February 21, 2014. The second halving occurred on July 9, 2016, and Bitcoin’s price plummeted to $670 at the time, but rose to $2,550 by July 2017. ;. Initially set at 50 bitcoins per block, each halving reduces the reward by half, leading to a gradual decrease in the rate at which. In 2023, the anticipated Litecoin halving event will take place. Bitcoin Halving Roadmap The esteemed digital asset analyst known as Cryptorphic has provided valuable insights into the future of the Bitcoin market. 25 BCH, but after the next halving (2024), the reward will be halved to 3. Open Source Vertcoin One-Click Miner and Dogecoin wallet. 07 trillion, a 34% increase. 00 TH/s SHA-256. "Election. Congrats!! Reply2. 25 VTC. On July 9, 2016 the second halving took place. The current price is $0. New PoW Mining algorithm : MinotaurX & Hive. 62% at block 2,086,066 on the Vertcoin blockchain network. A fork is a rule change such that the software validating according to the old rules will see the blocks produced according to the new rules as invalid. The development team is always focused on making sure that difficulty of mining the coin never becomes too large. In its latest “Blockchain Letter,” released on Aug. These new blocks are generated by a process known as mining, in which. 600, dengan angka tersebut maka BTC mengalami kenaikan +2. The Vertcoin Halving (Halvening) The next halvening for Vertcoin (vtc) will take place on approximately Sun, 07 Dec 2025 20:47 at block number 2520000. 87%. The Vertcoin Halving (Halvening) The next halvening for Vertcoin (vtc) will take place on approximately Sun, 07 Dec 2025 20:47 at block number 2520000. - Releases · vertiond/verthash-one-click-minerVertcoin VTC - The Road to $11 and Beyond (Halving Explained) EDUCATIONAL. It claims to be the people s coin. Re: mkxminer: fast Lyra2rev2 miner for AMD GPUs (Vertcoin, Monacoin, Verge, STRAKS)Ravencoin is rapidly approaching its first ever mining rewards halving event – set for 14:48 UTC on January 11. 25 BTC, which will be halved to 3. For example, during the 2012. Antminer S19 XP. Expected Earnings after VTC halving will now adjust without having to restart. The halving after that is expected to occur in 2028 further reducing the reward to only 1. The first VTC halving happened on December 11, 2017 — the reward per block decreased from 50 VTC to 25 VTC coins per block plus transaction fees. Vertcoin is due to hit a significant milestone on December 8 with a halving event that is set to see the reward miners receive drop from 25 VTC to 12. The leading community for cryptocurrency news, discussion, and analysis. 25 LTC. When the Bitcoin network first launched, miners earned 50 bitcoin (BTC) per block, and the first Bitcoin halving in 2012 reduced the block reward to 25 BTC per block. 00. 0: Mandatory update to ensure accurate Expected Earnings (calculation now accounts for VTC emission halving) Lower Dogecoin network fees again (usually < 0. Every mined Vertcoin block contains a mining reward paid out to the miner (or miners in a pool) that solved the block and submitted it to the blockchain. Second LTC halving. The next halving was in July 2016, and the most recent halving was in May 2020. (ZED) Zedcoin Hashrate Chart. CryptoNew Project with low market cap (>20M), Web3 Grant, Active Repo and a transparent communication (technical reviews and insights of ongoing devs (f. This. In April this year, 2023, Bitcoin traded for around £22,000. Price gain: 928. 5 VTC instead of the initial 50 VTC per block. By the year 2032, ETC will have an inflation rate of 1. Also some people will be stubborn, hoping. 3rd ETC ERA reduction – April 25, 2022 at block height 15,000,001. - Releases · vertiond/verthash-one-click-minerIf it goes like the halving, it's going to be a long 3-½ yrs. BTC Halving 2024 date is predicted to transpire on. Most analysts suggest the price will cross the mark of over $100,000 after the next event. Remember that Bitcoin runs on a blockchain, which is like a giant spreadsheet that keeps track of every transaction, as well as who owns how many bitcoin. Great potential in my opinion. RT @cryptovertedcom: WE'RE GIVING AWAY 100 VTC TO 10 USERS! This has been an amazing #VTCember so far! Vertcoin's halving has successfully occurred with Block #1680000. Bitcoin also reached a previous all-time high of about $19,700 in. Hence, it uses BTC's Unspent Transaction OutputWhat is Vertcoin (VTC) Vertcoin is a decentralized peer to peer cryptocurrency with a heavy focus on decentralization. Every four years, the amount of Bitcoin doled out to cryptocurrency miners halves in a process imaginatively known as Bitcoin halving (or halvening). “The halving is the opposite of money printing induced inflation, this is the first and largest RVN supply cut in Ravencoin’s history. Within a year, the price increased to $1,100. The Bitcoin halving, which is also known as “the halvening,” is the name for one of the most hotly anticipated events in Bitcoin’s history. I don’t think it’s likely VTC will ever reach a new ATH in BTC terms (0. I have a rig running at 20Mh ish elec is @ . July 9, 2016, was the date of the second halving, and 1 BTC was worth around $670. This is coded to happen every 210,000 blocks and sets the reliable monetary policy. The halving will occur at the block height of 3,360,000. There is no impact to coins you currently own and it requires no action on your part. Existe uma contagem regressiva para o halving do Litecoin? Sim, confira neste site. During this event, the block reward, which is the incentive given to miners for verifying transactions, is reduced by exactly 50%. RT @cryptovertedcom: WE'RE GIVING AWAY 100 VTC TO 10 USERS! This has been an amazing #VTCember so far! Vertcoin's halving has successfully occurred with Block #1680000. VTC halving is coming. Last month, the rumors of a hastened BTC halving schedule have sent Bitcoin to top of the crypto trending list , ahead of other popular currencies at the time, including Ethereum ( ETH ), Shiba Inu ( SHIB ), and. CryptoThe Bitcoin halving is a programmed event that cuts the amount of mining rewards in half each time 210,000 blocks have been mined, which occurs approximately every 4 years. In the 2024 halving, the reward will drop from 6. Sam Cooling. Receive payouts in DOGE and more. We note that 600 blocks is the current confirmation requirement for VTC on Bittrex. Vertcoin is on the decline this week. If history were to repeat itself, the next halving would see Bitcoin rising to $36,000 before the halving and $149,000 after. As the second Vertcoin. The development team is always focused on making sure that difficulty of mining the coin never becomes too large. The second halving took place when Bitcoin’s price was around $650. That's for creation of tokens (inflation). Open Source Vertcoin One-Click Miner and Dogecoin wallet. According to Cryptorphic, the Bitcoin bull market is projected to continue for a period ranging from 478 to 512 days following the halving event scheduled for April 25, 2024. The last halving, in May of 2020, was followed by a bull run that ended in a record Bitcoin price of almost $69,000 in November 2021. Setelah adanya Bitcoin halving di tahun 2024, mining rewards akan berkurang menjadi 6,25 BTC. . Pre-halving period. This reduces the distribution of coins affecting supply and demand for the cryptocurrency. 20. A recompensa de Litecoin por bloco diminuirá de 25 LTC por bloco para 12,5 LTC por bloco. Bitcoin halving occurs once every four years, and as time goes on, the potential rewards for mining become less and less — while, in theory, helping to maintain Bitcoin as a store of value. As a result, now the reward for all freshly mined blocks will drop from 50 VTC to 25 VTC. Yes, whatttomine is highly inaccurate, especially for coins with large. The Citizens' Assembly on Electoral Reform says the new proportional electoral system it proposes for B. Expected Earnings after VTC halving will now adjust without having to restart. Here you will find out which coins have a halving in 2023, 2024, 2025 and 2026. When I updated to 2. Traders, interested in playing this news, locked in their poesitions a month ago. Bitcoin halving refers to a critical function within the complex algorithm steering the bitcoin blockchain, reducing the reward for mining new bitcoin by 50%. 001 DOGE) The last halving event happened in September 2020 and the next will occur in September 2023. A halving is a predetermined event that occurs every 210,000 blocks - every 4 years, during which the block reward for miners is cut in half. VTC halving soon. Yes, we might not find another block before VTC halving, the hash rate has dropped, many miners stopped mining VTC. Bitcoin halving 2024 date prediction for the next Bitcoin halving date at block 840,000. In Brief. The project is Lyra2RE-based, with blocks every 2-1/2. 50 VTC at $0. Indeed, the Bitcoin (BTC) bull run in 2021 is credited to a halving event – and similarly a Vertcoin (VTC) halving event last year posted a 30% pump. According to current estimates, the next Bitcoin halving is expected to happen in April 2024. A halving, which occurs when the number of new bitcoins—and the incentive for mining them—is cut in half, is one of the most significant occurrences on the blockchain of Bitcoin. The event was highly anticipated, as past halvings had started bull runs. 20. 00 DOGE. I even helped pay a few bills at home, which I was proud of because I'm still in college. 0: Mandatory update to ensure accurate Expected Earnings (calculation now accounts for VTC emission halving) Lower Dogecoin network fees again (usually < 0. We, every Vertan, must prepare to seize this moment!“The halving is the opposite of money printing induced inflation, this is the first and largest RVN supply cut in Ravencoin’s history. It’s evident that on Sep 26, 2022 the Open price of Vertcoin was $0. Tweets. The Digital Money asset is up 44. A 3-month BTC price chart at HedgeTrade shows bitcoin’s steady growth leading up to the halving despite the market plunge in March 2020:. 125 BTC. This fork will need the miners to change or update their mining software. For the next two years and four months, Bitcoin oscillated between $111 and $664 (the price of Bitcoin at halving in 2016). RT @burka2mk: #Vertcoin Halving!!! Block Reward Reduced From 25 #VTC to 12. *Comparison of cyclic behavior of BTC before and after halving* 1st Halving: Nov-2012 2nd Halving: Jul-2016 3rd Halving: May-2020 **4th Halving: MARCH-April-2024** I have noted the 1st halving data but it is not matching with 2nd and 3rd halving, therefore I have considered it as an outlier. 25 Bitcoins. Should you buy Bitcoin before halving?Business, Economics, and Finance. Source: Finder. The next halving is expected to occur on. Vertcoin is a cryptocurrency with a currency-use focus, which is highly pro-decentralized mining and strongly anti-ASIC. "There has only been a single BCH halving to date - it took place on April 8, 2020; The current BCH block reward is 6. Bug Report. On the front end of your website, you can add, eliminate, and relocate components. Press J to jump to the feed. Madencilik kripto para birimlerinin üretilmesini sağlamasının yanında blockchain sistemindeki. Bitcoin block reward path from 50 BTC to 0. 125 bitcoins; Bitcoin halving Effect: The miners’ reward is halved, reducing the rate at which new bitcoins are created and introduced into circulation. Những phát triển này có thể có tác động tích cực đến giá của chúng. Just curious if anyone's experienced this or if anyone knows why this is happening. US Inflation CPI Data At 3. r/vertcoin A chip A close button A chip A close button Halving cycles are important to keep an eye on, and the next coin to hit its halving period is Vertcoin. The rewards for mining are cut in half, which can be seen as a deflationary measure. Get access to minerstat's comprehensive suite of features and tools. 5 VTC! MazaCoin (MAZA) Block : 2105603. - Releases · vertiond/verthash-one-click-minerThen the VTC website can have a attractive frontpage with updates/vtc price tracker/ vtc halving tracker/VTC block explorer/VTC richlist/general appealing message about all the good VTC is bringing to the world in stead of getting the miner page as the front page. General. The price of Bitcoin has seen a steady rise since it was introduced! From INR 6 in 2010 1 BTC is now valued at INR 43. Member Offline Activity: 756 Merit: 250. 5 LTC, and in the upcoming 2023 halving, it will reduce further to 6. @smritiirani Grandpa in $crypto space about to break out. At first, the reward was 50 bitcoins, but later reduced to 25 bitcoins, then to 12. Bitcoin Halving is a significant event that takes place roughly every four years or after the completion of 210,000 blocks in Bitcoin blockchain networks. 36%. It uses an ASIC-resistant mining algorithm. The Bitcoin halving, which is also known as “the halvening,” is the name for one of the most hotly anticipated events in Bitcoin’s history. View the Vertcoin hashrate chart for current and all time Vertcoin historical hashrates. QTUM và VTC halving – TOP 10 altcoin có sự kiện nổi bật trong tháng 12. Back then, the impact of the halving was still not priced in. 125 BCH per block; The purpose of the Bitcoin Cash halving is to decrease the circulating supply of new BCH coins and, thus, cause scarcity whilst driving. Cryptocurrency Halving Dates. Ringkasan Artikel. 125 BTC per block from 6. Halving was written into the cryptocurrency's code by its creator, who is known as. Interestingly, each halving was accompanied by a significant increase in the…Halving cuts block reward by half, currently 25 VTC / block will be reduced to 12. Changes since 2. 70% down in the last seven days. ; ♻️ Data historis memperlihatkan terdapat tiga fase dalam satu siklus halving yang terjadi setiap 70. When Bitcoin launched, miners were initially rewarded 50 BTC at every 210,000 blocks (around. Much of this growth can be attributed to Bitcoin (BTC) — which recovered from its yearly lows of $15,883. The halving is a vital element of the Bitcoin design. Typically halving events can drive substantial rallies. Bitcoin halvings are periodic events where the amount of rewards bitcoin miners receive are cut in half. Open Source Vertcoin One-Click Miner and Dogecoin wallet. Like other coins (e. Updated dependencies and pulled in upstream changes. The leading community for cryptocurrency news, discussion, and analysis. 0005 BTC in 2017 though technically it was higher closer to inception) but I do think it’s extremely likely at some point VTC will. Career. | +1. 127 Following. The Bitcoin halving is the process through which block rewards are cut in half, decreasing the number of rewards miners receive for each mined block. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. 35 based on halving, money flows or history of the internet and technological companies. Intuitive & Stable Masari Mining Pool. At the time of the 2012 halving, Bitcoin was trading around $12. 535. If they turn into a couple hundred bucks then score, if not it was a fun little experience mining some tokens The first halving occurred in 2012, reducing the block reward from 50 to 25 bitcoins. It’s important to note that current Vertcoin market capitalization is $4,233,193, and the maximum supply is 84,000,000 VTC coins. 20). ; Bitcoin halving rewards on November 20, 2023 is 6. Other Posts. 25 VTC coins per block. A VTC mining difficulty of 100. Bitmain. Goodbye crypto. We are an open and decentralized blockchain based currency focused on long term distribution of mining consensus. Days 2022-01-21. . 2nd ETC ERA reduction – March 17, 2020 at block height 10,000,001. CryptoUnsurprisingly, ChatGPT has reiterated the fact that the upcoming halving in 2024 could have a massive impact on Bitcoin’s price. Ravencoin is rapidly approaching its first ever mining rewards halving event – set for 14:48 UTC on January 11. It will occur on December 8th, 2021, in 23 days, and has potential to positively affect the price of VTC. This BTC TradingView bitcoin halving chart below posted by Jay_shree shows the 60-day BTC/USD price while highlighting higher high and lower low trends. At the next halving in 2024 these will become 3. 6 for 19 months, before a breakout that coincided with the bitcoin rally and saw prices rise as high as $370 by December 2017. Bitcoin miners are at the heart of this. Qtum (QTUM) & Vertcoin (VTC) to Undergo Halving in December – Multi Coin Analysis. Thread topics include, but are not limited to: Discussion related to recent events Technical analysis, trading ideas &…Update: a new version that works with suprnova VTC pool will be released today in about 12 hours!. Also some people will be stubborn, hoping. 25 VTC. @Vertcoin. Satoshi Nakamoto illustrates Bitcoin’s designed scarcity (21 million coins) in the following lines of code. 671. Vertcoin has been around since 2014 and is a cryptocurrency with its own PoW blockchain, using Graphics Cards. Vertcoin (VTC) Vertcoin is a cryptocurrency created in 2014 and uses a Proof-of-Work (PoW) mechanism. Traders, interested in playing this news, locked in their poesitions a month ago. A Bitcoin halving event occurs when the reward for mining Bitcoin transactions is cut in half. Halving ketiga pada 11 Mei 2020 dengan harga BTC saat itu adalah $8. Its goal is to combine the power of Bitcoin and Ethereum in one. fminer 5 years ago. Look, I’m not a blue sky, everything is rosy kind of a guy. The 2nd Bitcoin halving occurred on July 9, 2016. VTC inflation rate is currently just under 4%/year. There was also an impact on the price. QTUM and VTC halving – TOP 10 Altcoins with outstanding events in December. It. The second halving happened almost exactly four years later, on December 8, 2021. We don't know what will happen to the price which is up to the market. Four years after bitcoin’s genesis block and after over 10 million bitcoins and 210,000 blocks have been mined, the first halving occurred on November 28, 2012. อะไรคือ Bitcoin Halving ? การ Halving คือการลดรางวัลบล็อกหรือ Block reward เหลือครึ่งหนึ่งหรือ 50% ให้สำหรับนักขุด จากที่ทุกคนรู้กันว่า Bitcoin มีจำกัด. The first halving in 2012 reduced the block rewards from 50 to 25 BTC—in 2016, it. View community ranking In the Top 5% of largest communities on Reddit Question about GRS and VTC Halving . 68% but after 2024 halving the inflation. And today VTC halving is done XD. org Joined January 2014. Before the last halving, which took place on May 11, 2020, the price of bitcoin increased by 19% in the preceding 12 months, from $7,191. 41%, with the increase in the last 30 days being 43. 98 to its famous. 2% Causes New Prospects For The Market. The second Halving happened on July 9th, 2016. 75% at block 2,081,175 on the Vertcoin blockchain network. Expected Earnings after VTC halving will now adjust without having to restart. Market. Friday Apr 19, 2024 at 05:50:50 PM UTC. The block reward is the payment made to the miner who successfully adds their block to the. 25 BTC to 3. This halving occurs roughly every 4 years and will continue to half until the. Reliable Source. The second halving reduced the block reward. SECS. The amount. 6. The first halving sliced off the first 50% of the Bitcoin mining reward – from 50 to 25 Bitcoins per block. That's for creation of tokens (inflation). Hodlady • Additional comment actions. My old graphics card's expected earnings are ~4. The next Bitcoin halving is expected to take place in April 2024. It will make VTC more scarce as mining new VTC is harder. 2 December 2021, 18:35 GMT+0000. GL HF. This third halving reduced the block reward for miners from 12. Graphics card mineable cryptocurrency created in 2014 - earn Vertcoin for… Open Source Vertcoin One-Click Miner and Dogecoin wallet. This means that miners receive 50% fewer Bitcoins for verifying transactions and creating new blocks. Vertcoin's initial block reward was 50 VTC. 5 BTC to 6. Most analysts suggest the price will cross the mark of over $100,000 after the next event. For this upcoming Vertcoin. Verthash One Click Miner Update Cuts My Expected Earnings in Half. 35 based on halving, money flows or history of the internet and technological companies. . Building upon the basic principles of supply and demand, Bitcoin halving operates to combat inflation and increase the value of the cryptocurrency. ReplyThe block height at which the halving occurs is predetermined and encoded in the Bitcoin protocol. 3M subscribers in the CryptoCurrency community. The community was watching anxiously, as the closing price on the halving day was ($12. Indeed, the Bitcoin (BTC) bull run in 2021 is credited to a halving event – and similarly a Vertcoin (VTC) halving event last year posted a 30% pump. LINK/USDRT @VertcoinFUN: BREAKING NEWS Vertcoin Halving - 3 days left -> Buy/Sell $VTC $BTC here ->. Skip to content. The city has a population of 91,867, and. 5 LTC, after the halving, the block reward will be 6. C. Within less than a year and a half, Bitcoin’s price had reached $19,000. In. There will be a vote. 5 minutes or it happens approximately every 4 years. Having overcome the halving, Bitcoin is trading at $8,500, with market dominance of 67% as of press time, according to Coin360. 2016 Halving. 07 or buy 3 1050Ti? comments sorted by Best Top New Controversial Q&A Add a Comment . 50 to $1178). CryptoTIN MỚI. Ravencoin is rapidly approaching its first ever mining rewards halving event – set for 14:48 UTC on January 11. Vertcoin has the same halving time as Bitcoin (approximately every 4 years). Vertcoin: A Basic Understanding. Vertcoin's initial block reward was 50 VTC. 125 BTC per block. Key Takeaways. O halving do Litecoin acontece a cada 840. What is the Vertcoin Halving History? The very first VTC halving date was December 11, 2017. 15, 2017, bitcoin's price had soared to $19,345 (29. The goal is to help prevent inflation as. Vertcoin events on the chart. Next halving will occur in 2025 which will bring VTC inflation rate to under 2%/year. , 1M. January 10, 2022, 7:39 AM · 3 min read. Hodl crypto and stay calm $VTC $SOL $SRM $BAT $MNGO. Perlu diketahui, peristiwa halving Bitcoin ini berlangsung setiap empat (4) tahun sekali dan selanjutnya akan jatuh pada tahun 2024 mendatang. Victoria is the capital city of the Canadian province of British Columbia, on the southern tip of Vancouver Island off Canada's Pacific coast. It is difficult to predict the exact date as it depends on the block height. In May 2020, the number of bitcoin (BTC) entering. This will affect, but in long term. - In 2019, the reward decreased from 25 to 12. The current annual Bitcoin inflation is at 3. VTC price has plummeted by 0. And it happens at a uniform frequency until the maximum supply of the coin is reached. This is allows Vertcoin to have a max supply of 84m VTC & become non-inflationary! The reason the halving is important is it greatly decreases the rate at which VTC are distributed. All crypto halving & forking countdowns on one webpage!The next Bitcoin halving is expected to take place in April 2024. The halving announcement comes when Litecoin price is trading low amidst the recent crypto downtrend triggered by negative news about Silvergate insolvency issue. 2, the Litecoin blockchain went through its automated halving procedure at block. 125 BTC. The halving will occur on block 840,000 and reduce mining rewards by 50% from 50 VTC per block to 25 VTC per block. Keep in mind that the next BTC halving might happen a couple of weeks sooner or later, as it will be impacted by BTC mining difficulty and the speed at which new blockchain blocks are produced. RT @cryptovertedcom: WE'RE GIVING AWAY 100 VTC TO 10 USERS! This has been an amazing #VTCember so far! Vertcoin's halving has successfully occurred with Block #1680000. Ravencoin is rapidly approaching its first ever mining rewards halving event – set for 14:48 UTC on January 11. 22, executives at the crypto asset. Initially, miners were rewarded 50 BTC per block, but. The halving after that is expected to occur in 2028 further reducing the reward to only 1. Halving kelime olarak yarılanma anlamına gelmektedir. 125 Bitcoins per block. This is based on the typical cyclical pattern of Bitcoin. - Every 840,000 blocks — approximately every four years — Litecoin experiences a halving event. BITCOIN Halving cycles and Pump %. LTC/USDT 1-day chart 2019, LTC/USDT 1-day chart 2023It is worth noting that PlanB’s analysis echoes the one by crypto trader and analyst Josh Rager, who also expects a significant rally for Bitcoin after the 2024 halving, saying that “the real party won’t start until 2024,” as Finbold reported. Phân tích kỹ thuật 10 loại tiền điện tử có những thông tin thú vị trong tháng 12. 5 minutes) Block reward which starts at 50 and halves continually every halving event until it reaches 0 (approximately by year 2145) Litecoin price could display strong performance for the weeks to come, as the countdown to LTC halving continues. At the first Halving, the 50 BTC mining reward was halved to 25 BTC. In the last 7 days the Vertcoin difficulty increase was 9. We're glad you found us and hope you will join us for some. I'm talking about the existing ICX, that weren't sold at ICO, which is about 16% of total supply. From there, the 2016 halving event cut rewards to 12.