Post
Topic
Board Announcements (Altcoins)
Re: [ANN][AID] AidBit | Digital-currency redefined | POW/POS | Groestl | Charity
by
HR
on 24/07/2014, 10:47:55 UTC

Difficulty based block reward according to: ceil(8 * dDiff / (525600 + nHeight) * 525600)


Would it be possible to get you to explain this in more detail?

ceil = ?

dDiff = diff?

525,600 = minutes in a year

nHeight = block count?

I'm not a coder. Sorry,

TIA

--------------------------------------------

Playing around I came up with this simple calculation:

8 * diff / network hashrate * 1 MH/s * .9 =  payout

The reward seems to hold fairly constant regardless of the network hashrate - that is to say as the network hashrate and difficulty increase, the reward also increases to match.

Those rudimentary calculations of mine are all nice and fun, but I do want to understand the offical calculation. !!   Grin