not 60 mins, it would take about 2 years for cpu miners to hit the next block.
In my proposal, the difficulty keeps halving every 20 minutes without blocks. So it wouldn't take that long.
$50 a day before the powe bill.
I'm still amazed how much money is spent on testnet.
The areshole who is abusing testnet4 is better with mining empty blocks to avoid any block being invalidated if any transaction was not right
I would have guessed it's because smaller blocks can be broadcasted faster.
There could be halvings every 10 blocks or so
That's going to be fun: the block reward would drop to zero even before the first halving, which would take only seconds at difficulty 1.