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  1. Qubic FAQ

Revenue Calculation

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Last updated 15 days ago

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the most accurate way to calculate revenue is always : (your shares/pool shares)* 10000bln/ 676 * 0.9 * 0.92 * 0.8775* the number of computors we have* 90%.

and note that the revenue calculation by: (your shares/pool shares)* pool sols* qus revenue per sol can get really wrong. say for 2 computor id, one has 10000 sols and the other has 20000 sols, and both of them got into the ranking and get 14bln in the end, so in this case, sol from the second id worth half compared with the first one. the qus per sol is actually decided by every individual pool on every individual epoch.

Miner's revenue in Apool is calculated as follows:

According to Qubic Tokenomics, only the top 676 computors in [x] epoch will get revenue at the end of [x+1] epoch, So the pool's revenue of every epoch is detemined by how many computors we maintain in the preceding epoch. and solutions found in every epoch fall into two categories:

  1. generating by existing computors from previous epoch

  2. generating by computors from current epoch

Example:

Suppose that Apool has 2 Computors, the maximum revenue for one Computor is 1,479,289,940 QUS, minus 10% operational fee, results in a maximum revenue of 2,662,721,892 QUS for all miners in the pool.

  1. In epoch 104 (April 10th 12:00 UTC - April 17th 12:00 UTC), Miner A joined pool and contributed 1% shares to the pool ;

  2. On April 17th, the pool calculate revenues for epoch 104, but miner A has no revenue because no contributed shares in epoch 103;

  3. In epoch 105 (April 17th 12:00 UTC - April 24th 12:00 UTC), Miner A contributed 1.25% shares to the pool;

  4. On April 24th, the pool calculate revenues for epoch 104, and the max revenue of miner A will be 26,627,218 qus because he contributed 1% of pool shares in epoch 104

  5. At the end of epoch 106, on May 1st, the pool calculate revenues for epoch 105, Miner A has max revenue of 33,284,023 qus because he contributed 1.25% of pool shares in epoch 105.

[Tick Qulity]

Note that: 1,479,289,940 qbs/computor id is the maximum amount we can get. whether we can get this full amount is depended on our node performance in the following epoch of verifing transaction and maintaining the ledger on chain. Looking from last epoch, top-ranking computors got 100% of the 1,479,289,940 qus, while some lower-ranking computors got slashed and ended up with 80%-90% of the 1,479,289,940 qus, the last 10 computors even got 0 qus. so for estimating revenue purpose only, we use the average revenue which is around 1.4bln (around 97%).


[update]

From the 162 epoch,Qubic Mining Mode Optimization β€” XMR Mining During Idle Time The new Apool miner now supports Qubic + XMR dual mining mode. During Qubic's idle time, the miner will automatically switch to XMR mining as required by the network. In this dual mining mode, users will receive two types of shares:

Qubic Share: Settlement rules remain unchanged. Rewards will be distributed based on your Qubic Share ratio from the previous epoch, paid in Qubic.

QXMR Share (XMR Share submitted to the Qubic network): Settled weekly, based on your QXMR Share ratio in the current epoch, paid in Qubic.

Note: Both shares yield Qubic rewards. 70% rewards for Qubic shares and 30% rewards for QXMR shares

Launch of Independent XMR Mining Pool To further enhance QXMR Share contributions, Apool has launched an independent XMR mining pool. In this pool:

During Qubic operation time, users will mine pure XMR.

During idle time: 40% of the time: Mine pure XMR. 60% of the time: Participate in QXMR calculation to earn additional Qubic rewards.

Users will receive: XMR rewards: Settled daily and directly distributed. Qubic rewards: Settled weekly and distributed based on the QXMR Share ratio. We invite you to experience Apool's new website and mining pool services, and enjoy a smarter, more efficient mining experience!

Referrence:

🧰
https://docs.qubic.world/learn/tokenomics
https://docs.qubic.world/learn/nodes