Question:
If I mint with 100PPC, how high is the probability to receive - let's say - 0.1 ppc after 30 days?
How is the minting rate and amount calculated?
HowMuchCoinsPerDay(n: Coins, x: CoinAge)
Added some info to the first post...
Proof of Stake Important ConceptsCoin-Age: I receive 10 coins from Person X and hold them for 30 days, those particular coins have a combined coin age of
300 coin-days.
Generating A Coinstake: Once minting is unlocked you can generate a coinstake which
consumes your coin age in exchange for generating a block with profit. The greater the coin age the higher probability that the proof of stake will be generated, if you are offline for a couple years for example when you reconnect you will probably generate a proof of stake almost immediately however you may have missed opportunities for compounding earlier.
Transferring coins to another person: Destroys all coin-age attached... only static coins gain age.
For detailed info please review the ppcoin whitepaper ->
http://www.ppcoin.org/static/ppcoin-paper.pdfThe actual probability of it generating does adjust based on network factors.