Microelectronics Technology Co. (fka MELY)

[librab103]

Why are we adjusting the amount of BTC per block? That number goes down not up.

From https://en.bitcoin.it/wiki/Blocks,

"The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks (about four years)."

Right now we are at 25 and in 2017 it will become 12.5. That number will never go back up.

Also the amount of BTC one can mine depends on a computers hashrate and 1Th/S rate is the same on any computer not matter the maker or chip used to compute the algorithm. The part where you might "make" more BTC over another computer with the same hashrate comes from the amount of power a computer consumes. So if computer A consumes 1000 watts and computer B consumes 900 watts then yes the person with computer B will "theoretically" have more BTC after paying for electricity!

If you put Block Reward to 25 (Why anybody would allow you to change this is beyond me) and you change Electricity Price to 0.00 you will see that KNCMINER JUPITER, BITFURY FULL KIT OCT, and HASHFAST BABY JET BATCH 2, which all from different manufactures and most likely use different chips and all have a hashrate of 400Gh/s produce the same amount of BTC!

Thinking about it now I bet that is what is going on with MELY, they forgot to change the block award from 50 to 25.