Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain - Presale Started!
by
snipsnoop
on 24/07/2014, 19:30:32 UTC
Hey, sorry to pushing the same topic again and again. Just wanted to make sure the math is right.
I assume that the block time is constant (60 seconds) and therefore 1440 blocks are mined daily.

Sorry, mad busy today.. Yes block time is indeed constant



UPDATED:
Mining Reward Schedule
Days @ Reward Level    Cumulative DaysEnds @ Blockheight    Block Reward    Coins mined daily
180180259200128184320
36054077760096138240
7201260181440080115200
1080234033696006492160
1440378054432004869120
1800558080352004057600

Rewards are 32 per block after height 8035200, until the 2bil coins is reached.
red data was corrected by me (mistake: in the 2nd line the # of blocks was written instead of the block height). green data was added by me.

Yes that is correct, Dano will fix this as soon as time permits (He has not had a chance to get on the thread today just yet).