[quote name=“Kirjokansi” post=“54562” timestamp=“1390552269”]
[quote author=motherlode1 link=topic=7152.msg54547#msg54547 date=1390547993]
Could you please explain how difficulty has nothing to with the supply. Because if I read what you wrote correctly and my understanding of difficulty is correct then I assume that if the difficulty is low then I can get more FTC a day but if it is high then I get less FTC a day and this is inversely proportional to the network hash rate. I mean then half the community is wrong when they get excited that the difficulty is falling and they keep throwing the phrase “I am going to mine big chunks because the difficulty went down”.If I have made a mistake in understanding what you wrote, please enlighten me.
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As I understand it the amount of coins released / time is (roughly) always the same. No matter how high or low the difficulty is. Fewer miners -> larger shares / miner. So yes you get more FTC when the difficulty is low, but there’s no more FTC mined as a whole.
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That is correct. There will be a new block with 200 FTE about every 2.5 minutes and the difficulty is adjusted every X number of blocks to realign the discovery of new blocks to that time.
If more hashing power is available to generate new blocks, the time between two blocks decreases and as a result the difficulty will increase to come beck to the 2.5 minutes time frame between two blocks.