Post
Topic
Board Announcements (Altcoins)
Re: •[ANN]•[GHC] Ghostcoin | Energy Efficient | Unique | Fast | POS/POW Hybrid |
by
hankrules
on 24/03/2014, 05:06:56 UTC
20% of 750M=150M
ramdom block reward of 1~8k would be 4.5k ave.
4.5k/150M = 33333.33(repeated)
and Current Block   as of time of this post is 37848.

Can someone explain what is going on?

did you take into account the block halving that happened a week after release?

Thank you for pointing that out.
As of now it's 37999 blocks.
And first week blocks would be 20160 (approx)
20160x4.5k=90720k
17839x2.25k=40137.75k
Total of 130857.75k

We are almost there?
Thanks again.

Block Reward:
1000-8000 per block halving every week for 2 months.