Bitcoin Forum
May 11, 2024, 02:15:26 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Bitcoin > Mining > What will happen if miner never change timestamp
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: What will happen if miner never change timestamp  (Read 1884 times)
PRCman (OP)
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
June 02, 2011, 09:54:52 AM
 #1
What will happen if miner never change timestamp
1715393726
Hero Member
*
Offline Offline

Posts: 1715393726

View Profile Personal Message (Offline)

Ignore
1715393726
1715393726
Reply with quote  #2
1715393726
Report to moderator
1715393726
Hero Member
*
Offline Offline

Posts: 1715393726

View Profile Personal Message (Offline)

Ignore
1715393726
1715393726
Reply with quote  #2
1715393726
Report to moderator
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715393726
Hero Member
*
Offline Offline

Posts: 1715393726

View Profile Personal Message (Offline)

Ignore
1715393726
1715393726
Reply with quote  #2
1715393726
Report to moderator
1715393726
Hero Member
*
Offline Offline

Posts: 1715393726

View Profile Personal Message (Offline)

Ignore
1715393726
1715393726
Reply with quote  #2
1715393726
Report to moderator
1715393726
Hero Member
*
Offline Offline

Posts: 1715393726

View Profile Personal Message (Offline)

Ignore
1715393726
1715393726
Reply with quote  #2
1715393726
Report to moderator
riX
Sr. Member
****
Offline Offline

Activity: 326
Merit: 252



View Profile
June 02, 2011, 10:38:41 AM
 #2
The block will be rejected if the timestamp is more than two hours in the future of less than the median of the last 11 block timestamps..

https://en.bitcoin.it/wiki/Protocol_rules -> "block" messages -> 5, 13
Sorry, I can't help you with your lost password.

PGP key: 0x9F31802C79642F25
Pages: [1]
  Print  
Bitcoin Forum > Bitcoin > Mining > What will happen if miner never change timestamp
 « 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!