Post
Topic
Board Beginners & Help
Merits 1 from 1 user
Re: Educational giveaway | guess first Bitcoin Block in 2020 [9.5 mBTC]
by
pooya87
on 06/12/2019, 05:10:46 UTC
⭐ Merited by 1miau (1)
610,542 using the the good old 144 * days method. Tongue
What is the good 144 * days method? Smiley

it is the lazy inaccurate way of calculating how many blocks are going to be mined in N days.
there is no guarantee to have 1 block every 10 minute, but usually the average is that. 1 day is 24 hours and 1 hour is 6x 10 minutes so we can see 6*24=144 blocks in one day.
a better way is to extrapolate the data that we have from previous weeks, at least for 5 difficulty adjustment period. i tried doing that using blockchair API but faced some problems and gave up Roll Eyes