Title: How Many Bitcoins created Post by: sipredrica on June 27, 2015, 11:58:55 AM How many new bitcoins are created each day?
a 2,200 except for February 29 on leap years b 3,600 c 5,000 d 7,200 e 150 Title: Re: How Many Bitcoins created Post by: NorrisK on June 27, 2015, 12:02:36 PM 25 coins per 10 minutes
1440 minutes per day 25 times 1440/10 25 times 144 3600 coins per day Answer b Title: Re: How Many Bitcoins created Post by: Amph on June 27, 2015, 12:26:06 PM they are around 3800 actually, because of the diff retarget(two week) and the hash that keep increase
in fact there was day where 3900+ coins were produced Title: Re: How Many Bitcoins created Post by: The Young Turk on June 27, 2015, 01:14:44 PM Theroritically;
6 new blocks in an hour; 24 hours in a day; each block has 25 Bitcoins So total is: 3600 Pratically; Last 24 Hours: https://blockchain.info/pools?timespan=24hrs 135 blocks has been found & 3375 Bitcoins were created. https://i.imgur.com/2Vj0YEQ.png If you check Last 48 hours; (last 2 days): 287 blocks were created and 7175 bitcoins were created. For the last 2 days 1 blocks were less found from the average. Title: Re: How Many Bitcoins created Post by: JLynn171 on June 27, 2015, 01:19:35 PM Theroritically; 6 new blocks in an hour; 24 hours in a day; each block has 25 Bitcoins So total is: 3600 Pratically; Last 24 Hours: https://blockchain.info/pools?timespan=24hrs 135 blocks has been found & 3375 Bitcoins were created. https://i.imgur.com/2Vj0YEQ.png If you check Last 48 hours; (last 2 days): 287 blocks were created and 7175 bitcoins were created. For the last 2 days 1 blocks were less found from the average. ya i didnt think there was a set # but an avg... Title: Re: How Many Bitcoins created Post by: BitcoinNewbie15 on June 27, 2015, 02:49:29 PM As others have said, it is around 3600 new Bitcoins mined per day, Plus or Minus 100. However, after the block halving next year, that number will drop significantly. Daily Bitcoin production after the halving should be at around 1800 new Bitcoins per day (plus or minus a few hundred), until the next halving of course.
Title: Re: How Many Bitcoins created Post by: AtomicStrike on June 27, 2015, 03:03:12 PM B answer, of course.
Title: Re: How Many Bitcoins created Post by: 1Referee on June 27, 2015, 03:09:15 PM 25 coins per 10 minutes 1440 minutes per day 25 times 1440/10 25 times 144 3600 coins per day Answer b Theoretically it is 10 minutes between each block, but reality shows that the 10 minute rule is not exactly right as others have stated. Stats should be taken with a pinch of salt. in fact there was day where 3900+ coins were produced Do you know the exact day? I wonder if there was a little difference in price due to the extra coins. Title: Re: How Many Bitcoins created Post by: batesresearch on June 27, 2015, 09:12:40 PM How many new bitcoins are created each day? a 2,200 except for February 29 on leap years b 3,600 c 5,000 d 7,200 e 150 You're not cheating on the Bitcoin MOOC Course are you? Title: Re: How Many Bitcoins created Post by: zz11 on June 27, 2015, 11:36:51 PM The blocks are not created exactly every 10 minutes, usually they are created in less time(or the halvings would not happen before than predicted)
In fact a little more than 3600 bitcoins are created every day, usually. Of course in some days more are created, and in some days less are created, and the number is always very close to 3600 every day, but not EXACTLY 3600 all are false, but the closest in B Title: Re: How Many Bitcoins created Post by: bitcoinuser48 on June 28, 2015, 02:10:35 AM But I Have Listened That The Blocks are Created Every 10 Minutes.
Title: Re: How Many Bitcoins created Post by: croTek4 on June 28, 2015, 02:24:43 AM But I Have Listened That The Blocks are Created Every 10 Minutes. 10 minutes is target time. If network hash rate is increasing, block creation time is a little less than 10 mintues until difficulty is adjusted to faster hash rate. If network hash rate is decreasing, block creation time is a little more than 10 minutes until difficulty adjusted to lower hash rate. Title: Re: How Many Bitcoins created Post by: photon_coin on June 28, 2015, 02:33:42 AM the number actually changes a bit over/under target depending on how many blocks are solved
Title: Re: How Many Bitcoins created Post by: Brewins on June 28, 2015, 03:27:25 AM any site where we can find how many blocks have been solved in the last 24 hours?
Title: Re: How Many Bitcoins created Post by: pooya87 on June 28, 2015, 03:52:17 AM any site where we can find how many blocks have been solved in the last 24 hours? blockchain.info has some charts on how many coins are created, you can check out the difference for each day but i don't know about exactly what you want.Title: Re: How Many Bitcoins created Post by: el kaka22 on June 28, 2015, 03:57:05 AM How many new bitcoins are created each day? Why are you making February 29 as an exception? February 29 is also a day which have 24 hours and theoretically 144 blocks created, so the number of coins that could generate on that day should be roughly the same as other days (3300-3900 BTC/day according to existing posts).a 2,200 except for February 29 on leap years |