Bitcoin Forum
June 27, 2024, 02:11:03 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Other > Beginners & Help > Question: Why the number of PPC mined upto now exceeded the number of BTC？
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Question: Why the number of PPC mined upto now exceeded the number of BTC？  (Read 441 times)
xjabc (OP)
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
June 11, 2013, 01:24:47 AM
 #1
It's wired since PPC is much newer, and its blocks are much less than BTC.
smscotten
Full Member
***
Offline Offline

Activity: 140
Merit: 100



View Profile WWW
June 11, 2013, 02:09:44 AM
 #2
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.
DGC Auction: Balder the Brave comics 1-4
BTC Auction: Crisis on Infinite Earths comics 1-12
kneim
Legendary
*
Offline Offline

Activity: 1666
Merit: 1000


View Profile
June 11, 2013, 09:53:20 AM
 #3
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.
http://bewahren-und-sein.weebly.com/, http://bewahren-und-sein.myblog.de/, http://www.nachdenkseiten.de/, https://prism-break.org/, https://www.ixquick.de/, http://xp-antispy.org/
Wertschätzung: BTC 17G9yQdqjJ4mqbobmszRRfyQuTXThDHcgY
cryptofreak
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
June 11, 2013, 10:14:10 AM
 #4
Quote from: 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.
They have a different strategy.
b!z
Legendary
*
Offline Offline

Activity: 1582
Merit: 1010



View Profile
June 11, 2013, 11:53:38 AM
 #5
PPC mines faster than BTC, that's why.
Pages: [1]
  Print  
Bitcoin Forum > Other > Beginners & Help > Question: Why the number of PPC mined upto now exceeded the number of BTC？
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!