it took too long for you guys to reach it xD
a week ago you could've mined 1M/day / 1mh/s lol
a week ago you could've mined 1M/day / 1mh/s lol
Yup, about a week ago we were sitting on about 34 net hash. The times changed quick, that being said, I hear some complaining that the net hash isn't going up very fast, but you need to consider how many coins there are on the market right now, then think about how relatively new scrypt mining is as a whole v. how many total active miners there are world wide. I'd be surprised to hear that there's more than 500k active scrypt miners world wide and it wouldn't be surprised if someone told me it was closer to 250k miners divided amongst all the different coins out there. There's a lot of competition between the various coins for miners and you know the big guys (LiteCoin and some others) have a lot of the total net hash in their pocket. I'll be happy with just slow steady growth, but don't be surprised it there aren't some ups and downs along the way, I won't be.
I know the rate of growth of hash rate doesn't matter if the growth occurs. But the dev doesn't seem to occupied on this coin. He hasn't really posted in the topic for a few days. Or has given us any updates for the past few days also. However, I am still happily mining this coin for a few more days to see what happens.
I agree, the dev. could do a little better job of keeping people better informed with actual numbers of coins mined rather than the clock mechanism we seem to have now, because I think 1 billion is a stretch. I sat and added the coins generated in the top 25 blockfinders on the Bitember pool the other day and it's not even 200m, so unless there's a ton of single mining being done or a lot of premined coins that we can't see, the 1 billion coins mined is a fantasy of epic proportions. It would also be nice to hear about what it is he's working on to help point us in a direction to plan for or look forward to.
Total number of coins is easy. You can get the current block number from your wallet, then multiply by 20,000 (block reward).
Remember, bitember was the smaller of the pools. The other pool closed registrations for a while to help distribute net hash.
Also, pools didn't open until after mining started. I wouldn't be surprised if 100M coins were mined before the first pool opened.