after the first year, Mint will have a maximum of 84 billion coins? (70BB + 20%) or will the maximum always be 70BB?
Yes, 20% inflation (MUCH more than fiat money). Actually a little less cause some people will keep their wallets down.
Am I doing my math correctly here? I know I'm estimating a little at the beginning.
MINING POW
Total Coin Increased
Today 5,531,047,249
1st week 11,000,000,000.00
2nd week 16,500,000,000.00 5,500,000,000.00
3rd week 19,250,000,000.00 2,750,000,000.00
4th week 20,625,000,000.00 1,375,000,000.00
5th week 21,312,500,000.00 687,500,000.00
MINTING POS
Years Total Coins APR # Compounded Next Year Total Increase
1 21,312,500,000.00 20% 365 26,029,720,478.99 4,717,220,478.99
2 26,029,720,478.99 15% 365 35,134,282,161.87 9,104,561,682.88
3 35,134,282,161.87 10% 365 47,424,371,593.14 12,290,089,431.27
4 47,424,371,593.14 5% 365 57,923,464,862.76 10,499,093,269.63
5 57,923,464,862.76 5% 365 74,373,927,685.63 16,450,462,822.86