Author

Topic: can some one explain to me how to understand block time pelase (Read 682 times)

legendary
Activity: 3472
Merit: 4801
Yes but lets say 60 seconds block 1440 maximum is
The number for total miners that abale to get 1440
Or only per machine ?
Can i generate 1440 is the maximum on one machine and
Generate the same ammount
On other? Or its maximum of blocks per
All users that mining that coin per day? So every 60 seconds only one person get reward from block?

Please read this:
http://bitcoin.org/bitcoin.pdf

Then come back and ask any additional questions that you might have.
newbie
Activity: 44
Merit: 0
Yes but lets say 60 seconds block 1440 maximum is
The number for total miners that abale to get 1440
Or only per machine ?
Can i generate 1440 is the maximum on one machine and
Generate the same ammount
On other? Or its maximum of blocks per
All users that mining that coin per day? So every 60 seconds only one person get reward from block?
newbie
Activity: 14
Merit: 0
i can mine maximum of 50 X 1440 (minutes in day) what's your idea ?
sr. member
Activity: 332
Merit: 250
AwesomeDice.net
If the coin has a block time of 60 seconds, then you can mine 1440 blocks a day.
newbie
Activity: 44
Merit: 0
maximum blocks per day 400
but i mined with couple pc's and got more than 400 is it
400 per machine?
block reward 50 coins
the maximum coins is 25m
sr. member
Activity: 332
Merit: 250
AwesomeDice.net
Your question is a little bit vague.
Do you mean that every 60 seconds one block is generated with a reward of 50? The maximum of coins that ever can be in existence is 25 million? And what do you mean with a maximum of 400 per day?
newbie
Activity: 44
Merit: 0
if for example i  have coin that block time every 60 second it 50 coin per block and maximum of 400 per day maximum 25mil coins
so how its working  how many coins the world can mine and if its 60 second for every 60 second only one person recive coins or what?
400 x 60 x 24?
so i can mine maximum of 50 X 1440(minutes in day)

so for this coin, in average how many rewarding blocks per day could the whole world mine when block every 60 second 50 coins per day 25 mil is maximum
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