But we are getting hard to find a block per day now, I see that we can't even get 205 blocks per day recently, so I was wondering will we still have 1.4billion in the 1st year.
If you look at the overall rate of expected blocks, we're pretty much right on target (well, we were when I ran the numbers this morning).
How are we right on target? Last GMT day (September 2, 00:00-23:59) there were only 141 blocks instead of the expected 205. You can check in the block explorer that the first block for the day was
5729 and the last one was
5870.
And every day is similar, you can continue going to the past like this to check, or you can simply divide the total number of blocks found (currently 5922) by the total number of days (
currently 41 and a half) and you'll get the average of: 5922 / 41.5 =
142.7 blocks per day. Not only is it way off from the 7 minute block time (205 blocks per day, so almost a third of the blocks are missing), it's also suspiciously close to the 10 minute block time which is 144 blocks per day.
Numbers don't lie, but some are dismissing the possibility that something is wrong and that this must be "temporary luck", that in the long term it will be 205 blocks/day or 1 block/7 minutes. But there's never been a day with more than 205 blocks for it to be a normal averaging variance, it's always less than even 165 or so. We'll see how things will change with f7000.
Addendum: to acknowledge how impacting this is to the coin and the total supply calculations, if it had 205 blocks per day, we would have a total of
657M coins by 01.01.2018, but the reality is that we will have
458M coins instead, so almost 200M less. At least at this rate, but I expect changes after block 7000.
Btw, I'm a hodler, so I'm totally fine with this situation.
I'm just putting the numbers down.
I wasn't trying to mislead anyone, I did run the numbers the other day, but obviously was in error. We'll see how it pans out after block 7000, but your numbers are spot on.