Re: [ANN] [eToken] NEWS: 4-2-2014 eToken added to the 5th EXCHANGE
Do I have this correct :
Mining the whole entire Etoken hash % for a day will get you 720 coins or $856 per day for 100% of the network.
1 coin per block and 720 blocks per day.
What am I missing?
240,000 coins exist but you can only mine 720 new coins per day? 0.3% new coins added to total coins per day for a coin that
is not even 28 days old.
Should be 3%. Or 2% at least.
Tell me I am missing something here.
Mining the whole entire Etoken hash % for a day will get you 720 coins or $856 per day for 100% of the network.
1 coin per block and 720 blocks per day.
What am I missing?
240,000 coins exist but you can only mine 720 new coins per day? 0.3% new coins added to total coins per day for a coin that
is not even 28 days old.
Should be 3%. Or 2% at least.
Tell me I am missing something here.
100k was block by fork, so we have only ~140k coin available
Also, pre-fork had super blocks and release bonus.
super blocks:
1 inferior block every 1000 blocks gave 200
1 superior block every 10000 blocks gave 2500
release bonus: x2 until block 20k.
240k you see is: old bank (100k) + giveaway (38k) + all block from start to now (18*250*2 + 2*2500*2 +20000*1*2 + 18*250*2 + 2*2500+20000 + 8000 (from 40000 to now) ~100k)
If you want to know how many coin can be trade now, I'' say that: giveaway (38k) + all block from start to now ~ 140k