⛏️Mining Reward Distributions

Mining pool rewards are distributed following a network participation halving schedule.

The total amount of tokens distributed for each 1hr epoch is dependent on the network's total number of workers. As the total number of workers increases, the rewards earned for each worker decreases.

Tokens distributed by mining are distributed as follows:

Operations/Enhancements/Ecosystem/Infrastructure - 20%

Network participants / Miners - 80%

The Mining Rewards rate begins at 50,000 ELUM yearly tokens per worker and halves every time the total combined network workers triples in size.

Total Network Workers Total Reward/Wrk/yr User Reward/Wkr/yr 0 - 500 50,000 40,000 501 - 1,500 25,000 20,000 1,501 - 4,500 12,500 10,000 4,501 - 13,500 6,250 5,000 13,501 - 40,500 3,125 2,500 40,501 - 121,500 1562.5 1,250 121,501 - 364,500 781.25 625 364,501 - 1,093,500 390.63 312.5 1,093,501 - 3,280,500 195.31 156.25 3,280,501 - 9,841,500 97.66 78.125 9,841,501 - 29,524,500 48.83 39.0625 29,524,501 - 88,573,500 24.41 19.53125

*The total yearly mining reward distribution rate shall never exceed 25% of the total number of remaining tokens in the distribution pool. (For example, if there are 4 Billion remaining tokens in the mining pool, total distribution for each epoch will be calculated using 1 Billion tokens/yr as the maximum total distribution allowed (Total Hourly distribution = 1 Billion / 365 / 24))