You are viewing a single comment's thread from:

RE: Steemit Crypto Academy [Beginners' Level] | Season 3 Week 8 | Blockchain Rewards

Hello @drmax1,
Thank you for taking interest in this class. Your grades are as follows:

CriteriaCalculation
Presentation/Use of Markdowns0.8/2
Compliance with Topic0.8/2
Quality of Analysis & Calculations0.5/2
Clarity of Language1/2
Originality1/2
Total4.1/10

9E456949-E630-4867-83FC-8C102C6229C9.jpeg

The following caught my attention:

Bitcoin halving is the process of dividing the rewards that is gain from mining bitcoin

The block rewards are not divided rather they are reduced.

226 × 250,000 = 56,500,000

It would be 227 x 250,000 in your case.

BNB = $0.0000656

It should be $0.00000457 from your calculation.
9E456949-E630-4867-83FC-8C102C6229C9.jpeg

Feedback and Suggestions
  • I advice that you go over the topic again to understand it better. Some of your concepts are misplaced.

  • You did not get the concept of mining and bock rewards.

  • Some questions were not properly answered.

  • Some calculations had inconsistent values.

9E456949-E630-4867-83FC-8C102C6229C9.jpeg

Thanks again as we anticipate your participation in the next class.