Author Topic: Witness pay per block calculations  (Read 1918 times)

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Offline yvv

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Correct

Does this cover the cost of running a node on Azure BAAS?
No

Offline yvv

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Does this cover the cost of running a node on Azure BAAS?

Offline abit

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Offline Chronos

The network is currently configured for 1.5 BTS to be created per block. With the current network state of 25 witnesses and 3-second blocks, that gives 1.5 BTS every 75 seconds per witness, or about 51840 BTS of income per month to act as a witness.

Is this the correct approach to calculation? An interesting side-effect is that adding a witness will keep network costs the same, while diluting the individual pay for each witness.