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re: My faith in Bitcoin just went out the window
Posted on 3/8/13 at 12:05 pm to WikiTiger
Posted on 3/8/13 at 12:05 pm to WikiTiger
quote:
3600 coins are mined per day at a rate of 25 every 10 minutes
quote:
the power of your mining rig may have an effect on how many blocks you mine
so the computing power determines whether i get 100 coins or 1,000?
1
Posted on 3/8/13 at 12:06 pm to boosiebadazz
quote:
so the computing power determines whether i get 100 coins or 1,000?
yes and no
because there is an element of luck to mining as well. while a more powerful computer increases the odds of solving a block, it doesn't guarantee it will happen.
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