Dynamic mining of ONY.
The base profit from onyx starts at 0.02% weekly. This is a modest return, just 1.04% annually (not accounting for compounding), but it can ramp up significantly. The system compares the current reward volumes and miner contributions. If the total contribution is higher than the total reward, the base increases by another 0.02%, and it keeps going. Conversely, if the total contribution is lower, the overall reward starts to drop (in the same 0.02% increments down to the starting minimum of 0.02%).
The maximum potential growth isn't capped at any percentage; it can reach thousands of percent annually, but it is limited in quantity—the total reward cannot exceed 2048 ONY per week until the first halving.
The maximum supply of ONY is 1 million coins, with the first halving occurring when 500,000 is reached.
The base profit from onyx starts at 0.02% weekly. This is a modest return, just 1.04% annually (not accounting for compounding), but it can ramp up significantly. The system compares the current reward volumes and miner contributions. If the total contribution is higher than the total reward, the base increases by another 0.02%, and it keeps going. Conversely, if the total contribution is lower, the overall reward starts to drop (in the same 0.02% increments down to the starting minimum of 0.02%).
The maximum potential growth isn't capped at any percentage; it can reach thousands of percent annually, but it is limited in quantity—the total reward cannot exceed 2048 ONY per week until the first halving.
The maximum supply of ONY is 1 million coins, with the first halving occurring when 500,000 is reached.