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robertcarlyle (OP)
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Today at 05:24:54 AM
 #1

If in january 2009 someone was using a regular standard emachines desktop pc with a regular standard cpu and no fancy top of the line desktop pc or cpu running system and left this computer running 24/7 for about 9 months assuming the emachines desktop hardware didnt crash or anything, would there be any algorithm that could be used to calculate approximately how much btc could be mined for about 9 months?  Any quantum equation or quantum leap that would allow us to calculate approximately how much btc would be mined?  Can any albert einstein quantum physics guru please tell us?  A mathematician...?  Google ai told me it would be 550000 to 650000 btcs, would this somewhat exaggerated?
athanred
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Today at 07:15:08 AM
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 #2

Quote
would there be any algorithm that could be used to calculate approximately how much btc could be mined for about 9 months?
Let's see:
Code:
+-------+------------+------------------------------+
| block | unixtime   | timestamp                    |
+-------+------------+------------------------------+
|     0 | 1231006505 | Sat Jan 03 18:15:05 2009 UTC |
|     1 | 1231469665 | Fri Jan 09 02:54:25 2009 UTC |
| 22000 | 1251826171 | Tue Sep 01 17:29:31 2009 UTC |
+-------+------------+------------------------------+
The whole network mined around 22,000 blocks in 9 months. That means something like 1,100,000 BTC for all miners combined.

Quote
Google ai told me it would be 550000 to 650000 btcs, would this somewhat exaggerated?
That would mean a miner with 50% or 60% of the network's hashrate. For a small miner, for example with 10% hashrate, it would be something around 100,000 BTC instead.

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Any quantum equation or quantum leap that would allow us to calculate approximately how much btc would be mined?
Why do you need anything like that? You can see network timestamps, because they are public. You can calculate all coins in circulation, by multiplying the number of blocks by 50. And then, it is just a matter of splitting it between network participants. So, how much hashrate your node would have? 10%? 5%? 1%? Or maybe 50% or 60%?

Also, if you have the hardware you want to test, then you can just run some custom signet, let the difficulty adjust, and compare it with the original one. Initial signet difficulty is easier, than mainnet in 2009, so it should be easy to measure. And even if not that, then you can still measure timestamps between blocks.
FP91G
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Today at 12:28:47 PM
 #3

If in january 2009 someone was using a regular standard emachines desktop pc with a regular standard cpu and no fancy top of the line desktop pc or cpu running system and left this computer running 24/7 for about 9 months assuming the emachines desktop hardware didnt crash or anything, would there be any algorithm that could be used to calculate approximately how much btc could be mined for about 9 months?  Any quantum equation or quantum leap that would allow us to calculate approximately how much btc would be mined?  Can any albert einstein quantum physics guru please tell us?  A mathematician...?  Google ai told me it would be 550000 to 650000 btcs, would this somewhat exaggerated?
If only two PCs were mining Bitcoin at that time, then the AI ​​is correct about the figure of 550,000 bitcoins. However, since many enthusiasts were connecting their PCs to mine back then, the total number of coins obtained would actually be lower. I’ve seen reports stating that Satoshi mined around a million coins, though I don’t know the specific details.

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