I tried to set up my rig to mine this coin. on 6 cards 1060 it turns out about 250 coins a day. I consider this a normal indicator, because the price has the potential for growth. As I understand now, 1 coin is worth 2 cents? But the potential is
It's a lot. And on which block will the reward decrease by half? Can you tell me?
what do you use for every transaction of coin?how much the cost?this is big chance for growing of your coin per day if per coin is worth 2 cents.
I asked about something else. I'm wondering on what found block the cost of rewarding miners will decrease.
Every 5 million block, the reward Will reduce 32%
In what year will we reach this "milestone"? I would like to know this date, in order to calculate the investment strategy.
I'll support your question to specialists. I tried to find the answer in the search, but, unfortunately, I did not find anything.
5 000 000 - 597 000 /mined already/=4 403 000 blocks remaining
5760 blocks/day
4 403 000/5760=764 days=25+ months
It is likely that average block time is less than 15s so we can expect in about 24 months for the block 5M to be mined from now on. Then there will be 3 billions of coins mined.
After that there will be 32% reduce of the coins per block which is 408 coins/block.
It will take approx another 24-25 months for the next 2 040 000 000 coins to be mined.
Next stage another 32% reduction of the reward which leads to 277.44 coins/block.
It will take approx another 24-25 months for the next 1 387 200 000 coins to be mined.
For the final stage there will be 72 800 000 coins left which will take 67 days.