Post
Topic
Board Announcements (Altcoins)
Re: [ANN] (FEST) FESTIVAL COIN CRYPTONOTE POW
by
shtrudel
on 16/11/2018, 01:51:39 UTC
I have a quick question.

max. supply is 18,446,000?

I have a Daily FEST of: 5K

if 500 people has the same 5k daily = 500x5000=2,500,000 daily

18,446,000/2,500,000=7.38 days and the total supply is mined??

I am a little confused now..

please advise

If 500 miners will try to mine 5000 a day, the difficulty will spike and they would have to share ~24000 a day.
There is mined coins allocation per block and that is going down with each block.
At this point it's ~25 per block. 960 blocks per day * 25 = 24000 allocated per day.