Post
Topic
Board Announcements (Altcoins)
Re: [ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor - Mandatory wallet update!
by
shango
on 08/03/2014, 19:53:15 UTC
Difficulty has changed. Our profit will fall?
Difficulty drop equals more coins which equals more or equal profit most of the time. Difficulty rise equals less coins. However block reward is slowly decreasing so you'll be getting less coins overtime and less profit but that corresponds to price of coin.
I was making before changing daily 1.2 million. Current 500,000 seems. Fine?

The question is who's getting the other 0.7 million?
Assuming we still have the same number of miners with the same proportions of hashrate.

What do you mean who? There are just less coins generated now. That is the whole point - the N factor slows the coin mining encouraging trading and spending of the coin rather than mining and piling up coins