Bitcoin Forum

Economy => Economics => Topic started by: Juggernaut118 on November 04, 2011, 04:01:48 AM



Title: How many bitcoins are made a day?
Post by: Juggernaut118 on November 04, 2011, 04:01:48 AM
And is there a chart that shows the rate that they are being mined at?


Title: Re: How many bitcoins are made a day?
Post by: MoonShadow on November 04, 2011, 04:03:40 AM

7200




Title: Re: How many bitcoins are made a day?
Post by: Revalin on November 04, 2011, 04:11:20 AM
7200, give or take a bit.  The difficulty readjusts every two weeks or so to bring it back to 7200 whenever it starts going too fast or too slow.

Network speed and difficulty charts: http://bitcoin.sipa.be/


Title: Re: How many bitcoins are made a day?
Post by: notme on November 04, 2011, 04:21:57 AM
That would be a pretty simple calculation from the difficulty data.... check the wiki.


Title: Re: How many bitcoins are made a day?
Post by: deepceleron on November 04, 2011, 04:47:16 AM
About:
1 every 12 seconds.
5 every minute
50 every 10 minutes
300 every hour
7200 every day
50400 every week
2629728 every year (averaging for leap years)

Or:
Exactly 7588400 so far, in 1028 days of Bitcoin existence, averaging 7383 per day.


Title: Re: How many bitcoins are made a day?
Post by: Red Emerald on November 16, 2011, 12:30:08 AM
About:
1 every 12 seconds.
5 every minute
50 every 10 minutes
300 every hour
7200 every day
50400 every week
2629728 every year (averaging for leap years)

Or:
Exactly 7588400 so far, in 1028 days of Bitcoin existence, averaging 7383 per day.

There aren't 5 made a minute. Thats if you look at the averages.  50 are made about every 10 minutes.


Title: Re: How many bitcoins are made a day?
Post by: deepceleron on November 16, 2011, 01:21:25 AM
There aren't 5 made a minute. Thats (sp) if you look at the averages.  50 are made about every 10 minutes.
http://thankyoupictures.com/uploads/images/Funny-Thank-You-Pictures/thank-you-captain-obvious-lg.jpg


Title: Re: How many bitcoins are made a day?
Post by: Red Emerald on November 16, 2011, 09:37:32 PM
I think someone asking a simple question like this should be given the most accurate answer.

What is obvious to you is obvious to you.  Plenty of people seem to think that mining in a PPS pool actually mines that share. They are wrong, but not being explicit in answers like this is what helps to spread confusion.


Title: Re: How many bitcoins are made a day?
Post by: SgtSpike on November 16, 2011, 09:39:37 PM
About:
1 every 12 seconds.
5 every minute
50 every 10 minutes
300 every hour
7200 every day
50400 every week
2629728 every year (averaging for leap years)

Or:
Exactly 7588400 so far, in 1028 days of Bitcoin existence, averaging 7383 per day.

There aren't 5 made a minute. Thats if you look at the averages.  50 are made about every 10 minutes.
Better have my fun with these before Thymos outlaws them entirely.  :P

http://www.forexlive.com/wp-content/uploads/2011/10/st-facepalm.jpg