Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PHC] Profit Hunters Coin | Scrypt | PoW/PoS/Masternodes | DBR 3.0 | FW |
by
Profit Hunters Club
on 13/02/2018, 04:04:09 UTC
Why is the Block reward always dropping to 1 since the last few days?

The block reward is calculated based on the last block's difficulty and current network hashrate.
If the network hashrate jumps up a lot during low difficulty then it will result in a low block value.

Some pools and miners are configured that when the difficulty goes up they usually switch over to another coin - leaving a very difficult block for low hashrate to solve

PHC tries to automatically discourage this behavior. When the difficulty is high and hashrate is low - those are the most profitable blocks to solve! Pool jumpers are merely scratching the surface of their potential earnings..

What did you mean? I guess, if I understand correctly, the block rewards for each block are not fixed, and fluctuated over time depend on total hashrates in the network and difficulties at each block. Am I right?

Yes, that's correct!  Smiley