Ec³
  • 🔋Ec³
  • Ec³ overview
    • 1. The Pain Points to Resolve
    • 2. Ec³ Mission
    • 3. Product Summary
    • 4. Features of Ec³
    • 5. Roadmap
  • Developer
    • 1. Hardware (Ec³ Plug)
    • 2. Mobile APP
    • 3. Staking Dapp
  • Mine
    • 1. Mining Steps
    • 2. Mining Reward
  • Tokenomic
    • 1. Ec³ Token ($ECT)
    • 2. Token Distribution
    • 3. Token Circulation
    • 4. Mining Reward
      • 4.1 Mining rewards distribution
      • 4.2 Reward Calculation
    • 5. Staking Reward
      • 5.1 Staking rewards distribution
      • 5.2 Reward distribution based on Staking Score
      • 5.3 Flexible stake & Locked stake
      • 5.4 Calculation of staking score
      • 5.5 Staking for DAO
    • 6. Token Buyback
    • 7. Ec³ Credit
    • 8. Government Ec³ Token ($gECT)
  • product user guide
    • 1. Product User Guide
    • 2. Staking User Guide
  • FAQS
    • 1. Buy Ec³ Plug
    • 2. Reward and Withdrawal
    • 3. Energy and Miner Status
    • 4. The Cost of Ec Plug
    • 5. Break-even Period
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  • Mining Reward Calculation Logic
  • Detailed Explanation
  • Mining Reward
  1. Tokenomic
  2. 4. Mining Reward

4.2 Reward Calculation

Mining Reward Calculation Logic

Your mining rewards are calculated based on a composite logic that involves the multiplication of three key factors, which we refer to as the "Composite Multiplier." This Composite Multiplier is derived from the following individual multipliers:

  1. Multiplier 1 (Mining Hardware)

  2. Multiplier 2 (Load Balancing Electricity Usage)

  3. Multiplier 3 (Adoption of New Products)

Detailed Explanation

Multiplier 1 (Mining Hardware)

  • Premium Multiplier: If you have both the Cube device and a whitelisted energy storage battery, you will receive the a higher multiplier (1.2). Our system distinguishes devices through Bluetooth identification, ensuring that only certified whitelisted energy storage batteries can activate the premium multiplier.

  • Standard Multiplier: If you possess the Cube device with a non-whitelisted energy storage battery, you will receive a standard multiplier (1). Although slightly lower than the premium multiplier, we still value your engagement with our mining ecosystem.

Multiplier 2 (Load Balancing Electricity Usage)

  • Peak hour: If you use energy storage devices during peak electricity usage hours, you will receive a higher reward multiplier (1.35). This is to encourage you to charge the energy storage devices during off-peak electricity hours and to discharge the devices during peak usage hours.

  • Valley hour: During alley hou,r using energy storage devices will result in a lower reward multiplier (0.5). We encourage you to charge the energy storage devices during these off-peak hours rather than utilizing them. By doing so, you can help alleviate pressure on the power grid.

Time

Type

Consumption factor

0—8

Valley

0.5

8—10

Off-Peak

1

10—12

Peak

1.35

12—14

Off-Peak

1

14—19

Peak

1.35

19—21

Off-Peak

1

21—24

Valley

0.5

Multiplier 3 (Adoption of New Products)

  • Dual Product Multiplier: If you own both the Cube V1 and Cube V2 products, you will receive an additional multiplier (1.3). This incentivizes users to experience our new products and enjoy a more comprehensive service.

  • Single Product Multiplier: If you own only one of the products, you will receive a basic multiplier (1). We encourage you to consider purchasing the other product to benefit from a higher multiplier.

Mining Reward

According to the mining reward distribution model, you can obtain mining rewards based on the score within each round cycle. The specific calculation method is as follows:

The ECT reward obtained by user i in round x is: RewardingAmount multiplied by the score of user i in that round, divided by the total score of all users in that round.

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Last updated 1 year ago

Ri(x)=RewardingAmount∗Si(x)/ΣS(x)Ri(x) = RewardingAmount * Si(x) / Σ S(x)Ri(x)=RewardingAmount∗Si(x)/ΣS(x)