Bitcoin Forum
June 28, 2024, 03:59:50 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: decreasing BTC rewards / round  (Read 605 times)
LuckyDime (OP)
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
January 09, 2014, 12:05:42 PM
 #1

Hello all,

I've started mining bitcoins with one USB Asic miner in october 2013, a round reward was 0.00001xxx-0.00003xxx, then in november I've installed a second one and the round reward increased to 0.00003xxx-0.00008xxx. But from end of  november, the round reward dropped again between 0.00001xxx and 0.00003xxx. The hash rate still ~670Mhash (2x333Mhash). Is it normal?
I've also found, that in october-november a round took 0,5-1,5 hour and the number of it was 10-20 / day. Nowadays the number of rounds are 3-6 / days, and often they tooks 4-11 hours long. Is also normal?
marianna
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
January 09, 2014, 12:44:52 PM
 #2

The Bitcoin network difficulty increases over time, so you get less reward for the same hash power.
Fckbankscoin
Newbie
*
Offline Offline

Activity: 70
Merit: 0


View Profile WWW
January 09, 2014, 01:09:40 PM
 #3

Bitcoin difficulty changes every 2 weeks, the rounds a day is depending on the network hashrate and adjusts the difficulty in such a manner that the amount of coins generated increases at an (almost) lineair rate.
LuckyDime (OP)
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
January 09, 2014, 01:29:02 PM
 #4

In that case If I want to keep the level of BTC reward I have to invest new hardware time-after-time?
Could the rate of BTC / number of BTC transaction modify the long of a round /number of round in a day?
nerobie
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
January 10, 2014, 11:12:58 AM
 #5

i hash rate about at 666Mhash (2x333Mhash) and it's normal
BlockChainLottery
Sr. Member
****
Offline Offline

Activity: 332
Merit: 250


AwesomeDice.net


View Profile WWW
January 10, 2014, 11:19:19 AM
 #6

In that case If I want to keep the level of BTC reward I have to invest new hardware time-after-time?
Could the rate of BTC / number of BTC transaction modify the long of a round /number of round in a day?
First one yes, second one no. Number of transactions has nothing to do with the hash rate.

LuckyDime (OP)
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
January 11, 2014, 02:20:12 PM
 #7

Number of transactions has nothing to do with the hash rate.
I mean the number of rounds and the lenght of it. If I know well, transactions also checked by miners.
BlockChainLottery
Sr. Member
****
Offline Offline

Activity: 332
Merit: 250


AwesomeDice.net


View Profile WWW
January 11, 2014, 03:48:46 PM
 #8

Number of transactions has nothing to do with the hash rate.
I mean the number of rounds and the lenght of it. If I know well, transactions also checked by miners.
No.

Pages: [1]
  Print  
 
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!