Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | Super secure hashing | CPU mining
by
kaene
on 16/01/2014, 19:03:13 UTC
Maybe already asked or dumb question, but if there are already 247M of coins mined, what we are mining now is the yearly inflation?

* Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation)

Current block value is 4 QRK



There are more than 247 million  coins to be mined , it's 247 4xx xxx or something if i remember correctly not 247 000 000. Then inflation kicks in.

247,278,877 QRK out there according to http://coinmarketcap.com/, that means in just some weeks the block reward gonna be probably 1QRK, right?