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Author Topic: When will i0coin mine its last coin?  (Read 494 times)
tazman
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December 25, 2013, 07:59:58 PM
Last edit: December 26, 2013, 02:23:16 AM by tazman
 #1

The better question is probably when will the last fraction of a coin be mined.  The block reward started at 48 coins per block in August 2011 and halves every 218,750 blocks.  The table below shows the block reward out to the maximum eight decimal places.  It appears the last decimal turns to zero around 2029.  So 2028 will probably see the last block reward, although it gets pretty negligible years before.  Then again, what is "negligible" will depend on the value of i0coin at the time.

                                        Block                No. of  
Date               Block#          Reward             Coins                % Mined
---------        -------          -------            ------               --------
8/16/2011       1                  48                   48                      0.00%
2/20/2012       218751          24                   10,500,024         50.00%
8/26/2012       437501          12                   15,750,012         75.00%
3/2/2013         656251          6                    18,375,006         87.50%
9/6/2013         875001          3                    19,687,503         93.75%
3/14/2014       1093751         1.5                 20,343,752         96.88%
9/18/2014       1312501         0.75                20,671,876         98.44%
3/25/2015       1531251         0.375              20,835,938         99.22%
9/29/2015       1750001         0.1875             20,917,969         99.61%
4/5/2016         1968751         0.09375           20,958,984         99.80%
10/10/2016      2187501         0.046875         20,979,492         99.90%
4/16/2017        2406251        0.023438          20,989,746         99.95%
10/21/2017      2625001         0.011719         20,994,873         99.98%
4/28/2018       2843751         0.00585938       20,997,436.53     99.99%     
11/2/2018       3062501         0.00292969       20,998,718.26     99.99%     
5/9/2019         3281251         0.00146484      20,999,359.13    100.00%     
11/13/2019      3500001         0.00073242      20,999,679.57    100.00%     
5/20/2020       3718751          0.00036621      20,999,839.78    100.00%     
11/24/2020     3937501          0.00018311      20,999,919.89    100.00%     
5/31/2021       4156251          0.00009155       20,999,959.95    100.00%     
12/5/2021       4375001          0.00004578       20,999,979.97    100.00%     
6/12/2022       4593751          0.00002289       20,999,989.99    100.00%     
12/17/2022     4812501          0.00001144      20,999,994.99    100.00%     
6/23/2023       5031251          0.00000572      20,999,997.50    100.00%     
12/28/2023     5250001          0.00000286      20,999,998.75    100.00%     
7/4/2024        5468751          0.00000143      20,999,999.37    100.00%     
1/8/2025        5687501          0.00000072      20,999,999.69    100.00%     
7/15/2025       5906251          0.00000036      20,999,999.84    100.00%     
1/19/2026       6125001          0.00000018      20,999,999.92    100.00%     
7/27/2026       6343751          0.00000009      20,999,999.96    100.00%     
1/31/2027       6562501          0.00000004      20,999,999.98    100.00%     
8/7/2027         6781251         0.00000002      20,999,999.99    100.00%     
2/11/2028       7000001          0.00000001      21,000,000.00    100.00%     
8/18/2028       7218751          0.00000001      21,000,000.00    100.00%     
2/22/2029       7437501          0.00000000      21,000,000.00    100.00%     
8/29/2029       7656251          0.00000000      21,000,000.00    100.00%   
  
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braytz
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December 25, 2013, 08:04:38 PM
 #2

2012 premine ftw.
tazman
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December 25, 2013, 08:14:04 PM
 #3

2012 premine ftw.

No premine.  It's about 95% mined as of today.
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December 26, 2013, 03:29:51 AM
 #4

2012 premine ftw.

The "0" in i0coin was put there to mean zero premine.

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December 26, 2013, 09:12:13 AM
 #5

Great table.  Thanks tazman.
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December 26, 2013, 10:52:12 AM
 #6

https://bitcointalk.org/index.php?topic=385608.msg4149750#msg4149750

-MarkM-

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