Post
Topic
Board Announcements (Altcoins)
Re: Arctic Coin (ARC), No premine, Evolution over 1 year
by
craigh
on 06/01/2018, 08:31:45 UTC
Hello, how long does it take to get payout with masternode?
Node is running almost for full 24 hours, but wallet balance still the same.
Goldmine list shows my node as 'active'

Usually 2 to 3 days. Has taken some up to 7 days for 1st payout.

You won't make much money; probably not enough to cover the cost of your VPS.

https://arcticcoin.org/#specifications

Code:

According to the specification, a block is generated every 2.5 minutes

Blocks per day  = (24 x 60)minutes / 2.5
                = 600

arcticcoin-cli getdifficulty

The current difficulty is 7676

According to the specification, block reward = 2,222,222 / (( Difficulty + 2600) / 9 ) ^2 )

Reward per block = 2,222,222 / ((( 7676 + 2600) / 9 ) ^2 )
                 =  1.705ARC coins

Rewards per day  = 600 blocks x 1.705
                 = 1,023 ARC

According to the
, 45% reward to miners, 45% to masternode, 10% to developers

Masternodes rewards per day = 1,023 x 45%
                            =  460.35 ARC

Current number of ENABLED  mn   = 1,403
So, reward per mn per day       = 460.35 / 1,403
                                = 0.328 ARC

Coins required for a mn         = 1000 ARC
Days to earn cost of mn         = 1000 / 0.328
                                = 3,048 days

ROI % over 1 year               = (365 / 3,048) * 100
                                = 11.97%

Bear in mind that there are three main variables to this, which is why masternodes.pro differs:

1. Block timing (therefore blocks per day) fluctuates from specification amount
2. The difficulty changes based on hashrate at any particular time
3. The number of masternodes with the state of ENABLED fluctuates.```


C.