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RE: Did you notice an UNEXPECTED magnitude/reward drop in the new superblock? => Stake only as investor, temporarily

in #gridcoin7 years ago

Allow me to clarify a few things:

  • The most recent superblock has in no way unfairly affected the magnitude of any users on the network. However, most people will have experienced a decrease in magnitude. This is a result of the influx of new users who have also begun mining, thus resulting in the rewards pool being shared with more people. Over the last 5 days, almost 100 new CPIDs have been registered with the network.

  • You are correct that there is a small drop in rewards that is NOT a result of the magnitude drop. To be specific, the mag_unit variable (the conversion factor from magnitude to Gridcoin payout per day) of the current SB is slightly lower than it should be as a result of the temporary fix. This will be back to normal in the very near future, either the next SB or the next mandatory client update depending on how the development team proceeds with the solution implementation.

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Thank you very much for that well needed clarification.

I like toast 🍞

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