Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.5 Released!
by
amirapuato
on 29/01/2014, 18:23:04 UTC

http://bitinfocharts.com/dogecoin/tx/5d69bb58dccc29562299a9c941149e8b37e81c4b929bc8c882923c23fc14f16a

Further discovery found that 60% of a single block income goes to this solo miner.  Each mining block reward is 500,000 but this single solo miners manages to get 70% of 357,345.94655711.

This makes all miners real returns from published mining rate of 30% only.  This means when you should mine and get 10,000 DOGE a day you will get only 3,000 and 70% goes to stealth ASIC miners.  This means there are ASIC scrypt secret mining farm with 70% hidden hashrate not detected by the network?

I do not think there is any DOGE pool with network 70% mining hashrate.


Each mining block reward is between 0 and 1,000,000 , that particular block happened to have a reward of 357,345 (random).

Each time a block is mined it goes to only 1 entity (solo miner or pool), it isn't split between the whole network.