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Author Topic: Need help with a calculation on lifetime mining duration  (Read 312 times)
coinits
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May 21, 2014, 03:52:07 PM
 #1

What is the mathematical formula used to determine the mining life-cycle of a coin?

I am trying to approximately figure out how long it will take, based on coin specs, until a coin has been 100% mined.

Thanks

~C

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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May 21, 2014, 06:40:44 PM
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For the initial part, should just be (Total coins that will be generated) / (Block reward) X (Block Time)

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