Is it true mining lottocoin is almost to his end?
What will happend to the network after that? i am surely not let my 155MH/s for free on this coin.
No it is not true. lottocoin will halve the block reward any 90 days until the reward is 1. The 1 LOT per block will stay forever.
Thats the code which calculates the block reward:
static const int64 nMinSubsidy = 1 * COIN;
int64 static GetBlockValue(int nHeight, int64 nFees, uint256 prevHash)
{
// normal payout
int64 nSubsidy = 256 * COIN;
std::string cseed_str = prevHash.ToString().substr(12,7);
const char* cseed = cseed_str.c_str();
long seed = hex2long(cseed);
int rand = generateMTRandom(seed, 65280);
nSubsidy = (256 + rand) * COIN;
if(nHeight == 1)
{
nSubsidy = CIRCULATION_MONEY * TAX_PERCENTAGE;
}
else if(nHeight < 8640)
{
nSubsidy *= 2;
}
cseed_str = prevHash.ToString().substr(10,7);
seed = hex2long(cseed);
rand = generateMTRandom(seed, 28799);
if(rand > 20000 && rand < 20011)
nSubsidy = 1048576 * COIN;
else if(rand > 11000 && rand < 11021)
nSubsidy = 262144 * COIN;
else if(rand > 25000 && rand < 25241)
nSubsidy = 131072 * COIN;
nSubsidy >>= (nHeight / 259200);
if (nSubsidy < nMinSubsidy)
{
nSubsidy = nMinSubsidy;
}
return nSubsidy + nFees;
}
But if nobody is mining anymore, then the network will disappear.
My connection is very bad. The connection is to slow and stucks for minutes and sometimes even for hours. If I find some blocks, after a while other blocks came in which invalidates my blocks.
Has anyone a usefull connection?
