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
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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. !!
