Is it possible mine all of coins from brandnew altcoin like litecoin with few machines?
If not, how much can be mined?
Some math for it?
How to detect mining difficulty?
Thank you.
If not, how much can be mined?
Some math for it?
How to detect mining difficulty?
Thank you.
So...
I want create 100% premined coin (don't ask why) and i want be attractive for miners (don't think about coin price).
There is a pararell with mined all bitcoin coins.
What happend, when bitcoin is full mined?
And why will be mined after this moment?
Can be this scenario applied for altcoins?
Thank you.
There is a pararell with mined all bitcoin coins.
What happend, when bitcoin is full mined?
And why will be mined after this moment?
Can be this scenario applied for altcoins?
Thank you.
I guess your new coin never got off the ground? It is strange how you were creating a new coin but you're still asking really newb questions.
The more machines you use to mine, the higher the difficulty. Pretty much every coin changes the difficulty with the network hashing rate. Difficuly is like Chuck Norris - you don't detect the difficulty; the difficulty detects you. If you really need to see it, you can use the command getdifficulty in the console of your favourite coin.
You should move this to the altcoin discussion thread. Look in the lower left of your screen for the move topic command
Thank you for answer and sorry for noobs questions.
I have in mind, if is it possible premine all of coin (like litecoin) or not.
The main question is why? Any coins like this are trustless or scam.
Second problem is government regulations.
But i want be sure that i can setup difficulty.
