Sentences with phrase «lower block reward»

However, this issue can not be overlooked, as Litecoin miners» concerns are similar to those of Bitcoin miners when Bitcoin underwent its first halving, with the lower block reward affecting the returns on investment for mining rigs.

Not exact matches

Now, keep in mind that for miners to mine Bcash at all, its difficulty must be even lower than its block reward, compared to Bitcoin, and that if that is the case, all profit - maximizing miners are expected to pile on.

So, if Bcash's block reward is worth 15 percent of Bitcoin's block reward, Bcash's difficulty must also be 15 percent of Bitcoin's difficulty, or lower.

This would in turn means that the block rewards would be even less valuable, difficulty would needs to be even lower for miners to hop on, and miners would be able to mine the 2016 blocks even faster next time.

This causes the diminishing block reward to result in total aggregation of bitcoins which is lower than ultimate cap of 21 million as determined by the current bitcoin protocol.

To safeguard the integrity of the token, the new protocol will also lower the reward miners receive per block to 3 ETH from 5 ETH.

The main declared advantages of proof of stake approaches are the absence of expensive computations and hence a lower entry barrier for block generation rewards.

With lower fee, the reward for mining the block will go down too.

To safeguard the integrity of the token, EIP 649 will also lower the reward miners receive per block to 3 ETH from 5 ETH.

This is a lower reward than for a main chain block.