How many BTC are mined per day? | Bitcointalksearch.org

MoonShadow

legendary

Activity: 1708

Merit: 1010

Quote from: MyFarm on June 07, 2011, 01:17:57 PM

And as the "Difficulty" increases, does that mean the number of mined BTC decreases?

No. The number of bitcoins does vary somewhat, but the entire point of the changing difficulty is to keep the average new currency creation rate to 7200 per day until January of 2013.

adrian33

member

Activity: 118

Merit: 10

"The target is for 7200 new bitcoins to be mined each day"

http://forum.bitcoin.org/index.php?topic=8481.msg125110#msg125110

TraderTimm

legendary

Activity: 2408

Merit: 1121

You can calculate it based on the current rate of blocks solved per hour here:

http://bitcoincharts.com/charts/

(mtgoxUSD tab on the left)

Simply multiply the Blocks/hour figure by 24 and there's your estimate. Keep in mind though that this number changes constantly as miners enter/leave their respective solo and pooled mining efforts.

MyFarm

hero member

Activity: 854

Merit: 1000

Is there somewhere I can access this data? And as the "Difficulty" increases, does that mean the number of mined BTC decreases?

Thank you.

Topic: How many BTC are mined per day? (Read 1789 times)