Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: MyFarm on June 07, 2011, 06:17:57 PM



Title: How many BTC are mined per day?
Post by: MyFarm on June 07, 2011, 06:17:57 PM
Is there somewhere I can access this data?  And as the "Difficulty" increases, does that mean the number of mined BTC decreases?

Thank you.


Title: Re: How many BTC are mined per day?
Post by: TraderTimm on June 07, 2011, 06:22:27 PM
You can calculate it based on the current rate of blocks solved per hour here:

http://bitcoincharts.com/charts/

(mtgoxUSD tab on the left)

Simply multiply the Blocks/hour figure by 24 and there's your estimate. Keep in mind though that this number changes constantly as miners enter/leave their respective solo and pooled mining efforts.


Title: Re: How many BTC are mined per day?
Post by: adrian33 on June 07, 2011, 06:27:39 PM
"The target is for 7200 new bitcoins to be mined each day"

http://forum.bitcoin.org/index.php?topic=8481.msg125110#msg125110


Title: Re: How many BTC are mined per day?
Post by: MoonShadow on June 07, 2011, 06:35:51 PM
  And as the "Difficulty" increases, does that mean the number of mined BTC decreases?


No.  The number of bitcoins does vary somewhat, but the entire point of the changing difficulty is to keep the average new currency creation rate to 7200 per day until January of 2013.