Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CHC] ChainCoin - Cryptopia & Novaexchange - Required update 0.9.3.2
by
suprnurd
on 25/10/2017, 18:14:07 UTC
How many coins should we earn monthly with 1 Masternode now, with the changes? Cheers!

I think we'll need to wait until December to have a full month (November) of statistics to report back on in order to get a good idea of what the average payouts look like. I'm only running three masternodes now so my results won't be as detailed as the previous ones.

But if we estimate based on today's info:
  • The ChainCoin algorithm produces ~ 960 blocks per day, @ 8 coins per block which is 7680 coins daily
  • 45% of the reward is now distributed to masternode operators.
  • In one year, all masternodes will earn 1,261,440 coins total.
  • The masternode return is 1,261,440 divided by the current masternode count (2654)
  • With the estimated masternode count (2654) each masternode will receive ~479 coins per annum.
  • This equates to roughly 1.3123287671 CHC per day which is about 39.3698630137 per month.

Keep in mind these numbers are estimates only - due to the random nature of the payout system it is possible to receive more or less than this amount.

Also keep in mind that as of block 1,401,600 (~March 2018) the block reward will halve.