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The first blocks had a 50 BTC subsidy The subsidy of block 0 is unspendable This subsidy is cut in half every 210.000 blocks Block height now is 704558 This script (in Ruby) calculates the total amount of Bitcoins issued. #!/usr/bin/env ruby # first 210.000 blocks get 50 BTC as subsidy. # for every 210.000 blocks, the subsidy is cut in half. # global ...

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