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Showing 2 of 2 results by vello-sk
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Board Announcements (Altcoins)
Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN
by
vello-sk
on 30/07/2018, 16:14:46 UTC
Guys,

I'm trying to get my head around MN reward payments. According to PIVX PoS Rewards Breakdown specified on website and github pages, the current Phase (based on current block # 1277292 at the time of writing this) is this :

Phase X   648000-Infinite   5 PIV   90% (4.5 PIV)   10% (0.5 PIV)

taken from https://github.com/PIVX-Project/PIVX

So masternode reward should be 4.5 PIVX, however when I look on masternode payments https://pivx.ccore.online/masternodes , masternodes are getting either 3 PIVX or 2 PIVX.

My questions is why is it 2 or 3 and not a constant single figure and mainly why is it not 4.5 as specified per PIVX POS Rewards.

Cheers.
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Topic
Board Altcoin Discussion
Topic OP
Masternode ROI calculation
by
vello-sk
on 08/03/2018, 14:59:44 UTC
I’m trying to get my head around a correct formula for calculating ROI (annual).

As an example I’ll use Arctic coin (ARC).

At the time of my writing, these are the values for ARC (source = masternode.online):

- # of master nodes = 1,326
- difficulty 6974.541545346924
- ROI = 10.91 (this is the value that I should get from the formula)

From https://arcticcoin.org/en-EN/mining-pos , this is the formula for calculating ROI :

Per day = (n/t) * r * b * a
ROI (return on investment, in year) = ((n/t) * r * b * a * 365)/1000, where 


n - the number of personal active Goldmine (masternode), we’ll use 1 master node for this example

t - the total number of Goldmine (# of masternodes)

r - the current block reward 

b - blocks in an average day 

a - the average Goldmine payment

a is 45% (from the coin specs)
b is 576 (from the coin specs block generation = 2.5 minutes (150 seconds) so 86400 (seconds in a day) / 150 = 576)
r is apparently 2222222/(((Difficulty+2600)/9)^2), so plugging difficulty into the formula 2222222/(((6974.541545346924+2600)/9)^2) = 2094.459943449576

So the final formula ((1/1326) * 576 * 0.45 * 2094.459943449576 * 365)/1000 = 149.43639994711725

Waaaaaaaaaay out of 10.91 from above. What am I doing wrong ?

My other question is - is the above formula universal for all masternode coins ? I know that the block generation time and masternode reward percentage varies across coins, but could it be generally used for all coins ?

Thanks.