Post
Topic
Board Altcoin Discussion
Re: Ixcoin TODO
by
Vlad2Vlad
on 29/05/2014, 02:15:46 UTC
So in about five months (near end October) the network stops giving bribes of 96 or 48 shitcoins when reward goes to zero.  What's then to keep people mining (or even merge-mining) it?

Transaction fees are gonna go through the roof (at 2 txns per block, perhaps 25 IXC per txn fee needed?) or merge mining is gonna be dropped.

What happens to shitcoin then?  Best get out before everyone else figures it out.


The date has now moved to August, so terminal mining is 2-3 months away.

It's 96 coins now, BTW.

The largest merge mining pool on earth, CEX.io (Ghash.io) with over 40% of the total global Bitcoin mining power is sitting on our board.

So, my question to you, good sir, is:  Can you add?

Nope it's October.  Can you add?


Yeah, can you?


21,000,000 coins total    
205799 blocks now = 19,756,754 coins
difference of 1,243,246 coins = 12,950 blocks @ 144 blocks per day = August 26th.

In reality it will end up being closer to Late July - Early August since we're dealing with a moving target.

Now show me your math, genius.