Exactly, we are way low on total coins minted versus what the plain math says, about 1/3 or so by my calculations.
I did some calculations based on the YC blockchain, posted over on another thread, but here is the important bit:
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Bit too early for me to analyse BLU, but here's some numbers for YC. Calculating total coincap is complicated because of the mixed PoW/PoS phase:
Currently at block 18300 with 21.3M coins mined, so 12k blocks left in the PoW phase.
Seems about 10% of blocks have 4k reward so another 4.8M coins, lets call it 26M at the end of PoW
1M, i.e. 4% of total YC being given away at the end of PoW by the devs in this promotion so its worth taking a cpl of min to register
9 days of 10% interest daily PoS mining follow, which will take total coincap to 61.3M
Currently at block 18300 with 21.3M coins mined, so 12k blocks left in the PoW phase.
Seems about 10% of blocks have 4k reward so another 4.8M coins, lets call it 26M at the end of PoW
1M, i.e. 4% of total YC being given away at the end of PoW by the devs in this promotion so its worth taking a cpl of min to register
9 days of 10% interest daily PoS mining follow, which will take total coincap to 61.3M
So by day 19 when the coin should be low interest PoS only, there will be around 61,000,000 YC in circulation
The difference shouldnt be affecting any mining profitability calculations, just predictions based on future coincap...
