The Equation (No Jargon)

8 min readarticleIncludes quiz · 3 questions

Think in blocks. The reward starts at 50 BTC per block, then halves to 25, 12.5, 6.25, and so on every 210,000 blocks.

Block reward by era (k):\n\nReward(k) = 50 × (1/2)^{k}\n\n• k = 0 → 50 BTC (genesis era)\n• k = 1 → 25 BTC\n• k = 2 → 12.5 BTC\n• k = 3 → 6.25 BTC\n• k = 4 → 3.125 BTC … and so on

Which era am I in?\n\nk = floor(blockHeight / 210,000)\n\nEvery 210k blocks we move to the next era and the reward halves.

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This lesson includes a 3-question quiz (passing score: 75%).

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