Post
Topic
Board Announcements (Altcoins)
Re: [LAUNCHED][POW]⚡ELECTRONEUM⚡Official Moderated Thread
by
herbex
on 31/05/2018, 09:11:04 UTC
OK, let's do a simple math.
They are giving miners a 200000 ETN reward for 26 blocks.

With the 50MH network - 30 times lower than before (if miners will give that power) - calculating 26 blocks will took about 2 min * 30 * 26 = 1560 minutes. And miners will earn 26 * 12000 = 312 000 ETN. Total 500 000 ETN.

But, on the working network miners can mine 30 times more blocks which cost 26 * 30 * 12000 = 9360000 ETN !

So developers want miners to do a 9M ETN work for 200000 ETN reward? Good luck!

Correct me, if I am wrong.
what I understand is 26 blocks they will pay up to 200000 etn for each block so 26x200000=5,2mln etn
plus miners will get normal payout 26x12000=312000
so all together 5.5mln etn