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This returns the block reward (nSubsidy) based on the block number (nHeight) and the fees (which we can ignore, as there is no net gain/loss).
For instance:
- the first eight blocks have 10 million coins reward each
- block 9 has 1000 coins reward
- block 105000 has 500 coins block reward
- block 6300000 has zero coins block reward
- etc
If you sum each of the block rewards from block one until block 6300000, the total is approximately 290 million (not 8 billion).
Incidentally, due to a bug inherited from the Bitcoin source code (and now fixed in that code), every 6720000 blocks another 290 million coins can be mined, without limit (so again, not 8 billion total).
As such, I fail to see how you reach the total of 8 billion coins.
This returns the block reward (nSubsidy) based on the block number (nHeight) and the fees (which we can ignore, as there is no net gain/loss).
For instance:
- the first eight blocks have 10 million coins reward each
- block 9 has 1000 coins reward
- block 105000 has 500 coins block reward
- block 6300000 has zero coins block reward
- etc
If you sum each of the block rewards from block one until block 6300000, the total is approximately 290 million (not 8 billion).
Incidentally, due to a bug inherited from the Bitcoin source code (and now fixed in that code), every 6720000 blocks another 290 million coins can be mined, without limit (so again, not 8 billion total).
As such, I fail to see how you reach the total of 8 billion coins.
int64 static GetBlockValue(int nHeight, int64 nFees)
{
int64 nSubsidy = 1000 * COIN;
if (nHeight <= 8) {
nSubsidy = 10000000 * COIN;
}
// Subsidy is cut in half every 105000 blocks, which will occur approximately every year
nSubsidy >>= (nHeight / 105000);
return nSubsidy + nFees;
}
int64 static GetBlockValue(int nHeight, int64 nFees)
{
int64 nSubsidy = 1000 * COIN;
if (nHeight <= 8) {
nSubsidy = 10000000 * COIN;
}
// Subsidy is cut in half every 105000 blocks, which will occur approximately every year
nSubsidy >>= (nHeight / 105000);
return nSubsidy + nFees;
}