Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | Anonymous (alpha) | KGW | No Premine | ASIC Resistant
by
buryat
on 26/02/2014, 00:25:54 UTC
You do realize that there are about 80 million coins still to be mined, right?  It will take awhile, but eventually things will even out.

It'll never reach 80 millions

YearBlocks a yearMax reward per blockCoins a yearTotal coins
02102402552560005256000
121024012.526280007884000
22102403.1256570008541000
32102400.390625821258623125
42102400.0244140635132.81258628257.813
52102400.000762939160.40039068628418.213
62102401.19209E-052.5062561048628420.719

Shouldn't it be 25, 12.5, 6.25, 3.125, 1.5625 etc?  (/2, then /2, then /2... halving as I understand it means /2)



Yes, I made a mistake.
The corrected table:
YearBlocks a yearMax rewardCoins a yearTotal coins
02102402552560005256000
121024012.526280007884000
22102406.2513140009198000
32102403.1256570009855000
42102401.562532850010183500
52102400.7812516425010347750
62102400.3906258212510429875
72102400.195312541062.510470937.5
82102410.0976562520531.3476610491468.85
92102420.04882812510265.7226610501734.57

Since halving is every year, total amount of coins is limited by 2x of what produced in first year, so it's definitely not 84 millions.