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Title: Miner Reward Post by: jackhashmine on December 29, 2017, 02:34:32 AM After watching only a few currencies as a miner I have noticed the block reward halving to be indicated alongside other disclosed plans in the white paper.
Many of the currencies which stipulate specifics of mining rewards mention the block rewards in accurate description. Many of the currencies veer away from their block reward plans - when the price of the coin achieves a higher value the reward goes down. This is misleading I would like Developers to comment on their reasons for misleading and not doing what they have planned. The current example I choose to focus on is ZCLASSIC ... The block reward rate has not changed in the past week. The price of a ZCL has increased. The block reward has decreased significantly. A week ago a reward of 4 coins per day was achieved for the proof of work The rate of work completed by the mining hardware remains unchanged There should be no change in the block reward if there is no change in the difficulty The term pump and other trade oriented terms do not have any actual influence on the "planned block rewards" |