Title: Question: Why the number of PPC mined upto now exceeded the number of BTC? Post by: xjabc on June 11, 2013, 01:24:47 AM It's wired since PPC is much newer, and its blocks are much less than BTC.
Title: Re: Question: Why the number of PPC mined upto now exceeded the number of BTC? Post by: smscotten on June 11, 2013, 02:09:44 AM Looks like current block rewards for PPC are in the neighborhood of 425PPC/block, whereas BTC is 25BTC/block. The way that block rewards are calculated is a little more complicated, but I'd wager that 425 vs 25 (with the same average time between blocks) accounts for the higher number of total coin mined.
Title: Re: Question: Why the number of PPC mined upto now exceeded the number of BTC? Post by: kneim on June 11, 2013, 09:53:20 AM It seems to me that more and more PoS blocks are coming into defense. PoW blocks seem to be mined only once an hour in the average. So a reward of 25 BTC every 10 minutes resembles 150 PPC in one hour. And the PPC is young.
Title: Re: Question: Why the number of PPC mined upto now exceeded the number of BTC? Post by: cryptofreak on June 11, 2013, 10:14:10 AM It's wired since PPC is much newer, and its blocks are much less than BTC. They have a different strategy.Title: Re: Question: Why the number of PPC mined upto now exceeded the number of BTC? Post by: b!z on June 11, 2013, 11:53:38 AM PPC mines faster than BTC, that's why.
|