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RE: Crypto Academy / Season 3 / Week 8 – Homework Post for [professor @awesononso] Blockchain Rewards

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

CriteriaCalculation
Presentation/Use of Markdowns1/2
Compliance with Topic1.2/2
Quality of Analysis & Calculations1/2
Clarity of Language1.5/2
Originality1.2/2
Total5.9/10

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

The following caught my attention:

using the ASIC app

The ASIC miner is not an app rather it is a special circuit.

by dividing the mined blocks of Bitcoin into two

The blocks are not divided. In halving, the block rewards are reduced by half and not the blocks themselves.

L BNB = 0.0669463537 BNB = 0.0670 BNB (3 s. f)

Rounded down, this would be 0.0669 BNB.
9E456949-E630-4867-83FC-8C102C6229C9.jpeg

Feedback and Suggestions
  • You should try and understand the concept of halving better. Seems some concepts were misplaced.

  • Understanding would make your explanations clearer.
    9E456949-E630-4867-83FC-8C102C6229C9.jpeg

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

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