How Many Bitcoins created | Bitcointalksearch.org

el kaka22

legendary

Activity: 3654

Merit: 1165

www.Crypto.Games: Multiple coins, multiple games

Quote from: sipredrica on June 27, 2015, 06:58:55 AM

How many new bitcoins are created each day?

a 2,200 except for February 29 on leap years

Why are you making February 29 as an exception? February 29 is also a day which have 24 hours and theoretically 144 blocks created, so the number of coins that could generate on that day should be roughly the same as other days (3300-3900 BTC/day according to existing posts).

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: Brewins on June 27, 2015, 10:27:25 PM

any site where we can find how many blocks have been solved in the last 24 hours?

blockchain.info has some charts on how many coins are created, you can check out the difference for each day but i don't know about exactly what you want.

Brewins

legendary

Activity: 1120

Merit: 1000

any site where we can find how many blocks have been solved in the last 24 hours?

photon_coin

sr. member

Activity: 310

Merit: 256

Photon --- The First Child Of Blake Coin --Merged

the number actually changes a bit over/under target depending on how many blocks are solved

croTek4

sr. member

Activity: 392

Merit: 250

the Cat-a-clysm.

Quote from: bitcoinuser48 on June 27, 2015, 09:10:35 PM

But I Have Listened That The Blocks are Created Every 10 Minutes.

10 minutes is target time. If network hash rate is increasing, block creation time is a little less than 10 mintues until difficulty is adjusted to faster hash rate. If network hash rate is decreasing, block creation time is a little more than 10 minutes until difficulty adjusted to lower hash rate.

bitcoinuser48

full member

Activity: 126

Merit: 100

But I Have Listened That The Blocks are Created Every 10 Minutes.

zz11

sr. member

Activity: 299

Merit: 250

The blocks are not created exactly every 10 minutes, usually they are created in less time(or the halvings would not happen before than predicted)

In fact a little more than 3600 bitcoins are created every day, usually.

Of course in some days more are created, and in some days less are created, and the number is always very close to 3600 every day, but not EXACTLY 3600

all are false, but the closest in B

batesresearch

legendary

Activity: 2424

Merit: 1148

Quote from: sipredrica on June 27, 2015, 06:58:55 AM

How many new bitcoins are created each day?

a 2,200 except for February 29 on leap years

b 3,600

c 5,000

d 7,200

e 150

You're not cheating on the Bitcoin MOOC Course are you?

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: NorrisK on June 27, 2015, 07:02:36 AM

25 coins per 10 minutes
1440 minutes per day

25 times 1440/10
25 times 144
3600 coins per day
Answer b

Theoretically it is 10 minutes between each block, but reality shows that the 10 minute rule is not exactly right as others have stated. Stats should be taken with a pinch of salt.

Quote from: Amph on June 27, 2015, 07:26:06 AM

in fact there was day where 3900+ coins were produced

Do you know the exact day? I wonder if there was a little difference in price due to the extra coins.

AtomicStrike

sr. member

Activity: 380

Merit: 251

B answer, of course.

BitcoinNewbie15

sr. member

Activity: 574

Merit: 296

Bitcoin isn't a bubble. It's the pin!

As others have said, it is around 3600 new Bitcoins mined per day, Plus or Minus 100. However, after the block halving next year, that number will drop significantly. Daily Bitcoin production after the halving should be at around 1800 new Bitcoins per day (plus or minus a few hundred), until the next halving of course.

JLynn171

sr. member

Activity: 406

Merit: 250

Quote from: The Young Turk on June 27, 2015, 08:14:44 AM

Theroritically;
6 new blocks in an hour; 24 hours in a day; each block has 25 Bitcoins So total is: 3600
Pratically; Last 24 Hours:
https://blockchain.info/pools?timespan=24hrs
135 blocks has been found & 3375 Bitcoins were created.
https://i.imgur.com/2Vj0YEQ.png

If you check Last 48 hours; (last 2 days):
287 blocks were created and 7175 bitcoins were created.

For the last 2 days 1 blocks were less found from the average.

ya i didnt think there was a set # but an avg...

The Young Turk

legendary

Activity: 1176

Merit: 1013

DAVID CHAUM's xx coin SALE IS NOW LIVE!

Theroritically;
6 new blocks in an hour; 24 hours in a day; each block has 25 Bitcoins So total is: 3600
Pratically; Last 24 Hours:
https://blockchain.info/pools?timespan=24hrs
135 blocks has been found & 3375 Bitcoins were created.
https://i.imgur.com/2Vj0YEQ.png

If you check Last 48 hours; (last 2 days):
287 blocks were created and 7175 bitcoins were created.

For the last 2 days 1 blocks were less found from the average.

Amph

legendary

Activity: 3248

Merit: 1070

they are around 3800 actually, because of the diff retarget(two week) and the hash that keep increase

in fact there was day where 3900+ coins were produced

NorrisK

legendary

Activity: 1946

Merit: 1007

25 coins per 10 minutes
1440 minutes per day

25 times 1440/10
25 times 144
3600 coins per day
Answer b

sipredrica

member

Activity: 70

Merit: 10

How many new bitcoins are created each day?

a 2,200 except for February 29 on leap years

b 3,600

c 5,000

d 7,200

e 150

Topic: How Many Bitcoins created (Read 731 times)