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mining [2020/05/11 21:41] – [Block Rewards] boot2thrill | mining [2020/05/11 21:42] – [Block Rewards] boot2thrill | ||
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At the beginning, every block-chain has a small number of transactions per day and the block data is still a small file but with time the network will grow and the data size will go up. The mining effort will be bigger and more miners will be needed to keep it running sound and safe. | At the beginning, every block-chain has a small number of transactions per day and the block data is still a small file but with time the network will grow and the data size will go up. The mining effort will be bigger and more miners will be needed to keep it running sound and safe. | ||
- | To fairly reward the mining effort we will start with **5 CCX per block** and increase it by **0.25 CCX every month** until we reach **15 CCX per block** (max reward in 4 years time). | + | To fairly reward the mining effort we will start with **5 CCX per block** and increase it by **0.25 CCX every month** until we reach **15 CCX per block** (max reward in 3 1/2 years time). |
==== Mining And Miners ==== | ==== Mining And Miners ==== |