Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][HEXX: REBORN] Xnodes| Zero Protocol | Community Driven | CPU Only
by
nwo99
on 21/02/2018, 08:36:59 UTC
Excuse me because I am totally new to mining but I have a question:
As far as I understand, the mining rewards 1 Hexx for every block of data, and every block of data takes 2.5 minutes.
If I understand correctly, this means each miner can make about 570 Hexx/day if he puts 1 pc turned on 24/24
assuming there are 100 pcs that are mining this means that everyday 57k Hexx will be mined.
Currently there are 1.5mil Coins in existence, and the maximum is 10mil, which means there are 8.5 mil coins to be mined.
And they will all be mined in 150 days?

Pretty sure I'm mistaken but not sure what's the mistake!