Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][VRM] Verium PoWT Reserve | Verium launched!
by
monsanto
on 04/09/2016, 23:46:47 UTC

According to the blockchain explorer as of this post there are 574,653 VRM in existence. How many are left to be mined?

This post says 2.7 million eventually:

How many total coins?

~2.8 million total supply via mining for years. Could take anywhere between 6 and 64 years or so to reach total of 2.8 million VRM. At launch via ICO and promotions about 800k max will be available supply.

Thanks for the info. I wonder if it will really be a minimum of 6 years.  Just looking at the last 100 blocks I see that took 7.5 hours, so say 320 blocks a day at around 7 vrm a block right now = 2240 vrm/day.  Roughly 2.2 million vrm left to mine, so at current rate would take less than 3 years.  I guess block rewards are likely to go down though.