Oddbean new post about | logout
▲ ▼
Luke Dashjr | 10 months ago (raw) | root | parent | reply | flag 
 At 300, it's about 11 days between blocks on average (likely a bit shorter in practice)

Normally a block reward is split across the past 8*difficulty work performed. But that much work hasn't been done yet, so early miners would get a higher payout for a while
▲ ▼
Cody | 10 months ago (raw) | root | parent | reply | flag 
 What do you mean by "past 8*difficulty) ?
▲ ▼
Luke Dashjr | 10 months ago (raw) | root | parent | reply | flag +2 
 The expected work to find 8 blocks
▲ ▼
BadWolfHODL | 10 months ago (raw) | root | parent | reply | flag +1 
 Fantastic. What’s the payout threshold?
▲ ▼
Luke Dashjr | 10 months ago (raw) | root | parent | reply | flag +1 
 Currently 10 TBC (0.01048576 BTC)

Planning to make it configurable