Im a bit confused.. hopefully someone can clear this up
How long is this coin intended to be minable?
My math could be off here.. but 1159.39 coins per block and 1 min targets sets it at 9,563 cois an hour or 229.5Kday
So in the first week we have 1,606,651m coins in the market. Figure in the 1% weekly reduc and over the first month we get:
week 1: 1,606,651
week 2: 1,590,584
week 3: 1,574,678
week 4 1,558,932
So roughly 6.33m coins in the first month. At this rate the claimed 16.1m supply will be mined out in < 3 months. Is this the intention?
wrong way wrong 159 coins per block with digishield so block times are longer and increased with hashrate i believe so maybe 30k- 70k coins aday