Web3 Coin
  • Welcome to Web3 Coin
  • Overview
    • 💡Our Vision
    • ✨Team
  • WhitePaper
    • Terminology
    • Abstract
    • Introduction
    • Vision
    • Overview
      • Current Problems of Existing Blockchain Networks
      • Web3Coin Solution
    • Web3Chain
      • An Overview for Web3Chain
      • Web3Anthill
      • EVM to MVM
      • Web3Chain Consensus Mechanism: PoW
      • Transaction Check Per Second (TCPS)
    • Proof of Web3 Consensus Mechanism
      • Web3Miner (WPoS & Web3Anthill)
        • Fees and Rewards
      • MacroMiner (MPoH & Web3Anthill)
        • Archive Node
        • Full Node
        • Light Node
      • MicroMiner (MPoSW & Web3Anthill)
    • Scalability
      • Blockchain Network Structure
      • Energy Consumption
    • Smart Contract
      • Smart Contract Compatibility
      • Smart Contract Fees
    • Transaction
      • Transaction Fees
    • Attack Vectors & Security
      • Transaction Denial
      • Eclipse Attack
      • Double Spending
    • Native Token
      • Web3 Coin (W3B)
      • Token Burning
        • Transaction Fee Burning
        • Constant Burning
      • Pool Distribution
    • Experimental Results
    • Information
    • Audit
    • Solution and Conclusion
      • Focused on 'Human'
    • References
    • Disclaimer
  • Fundamentals
    • 🌎Tokenomics
      • Chart
    • 🗺️ROADMAP
  • FAQ
    • ❓What is Web3Coin?
    • ⭐Good to Know
    • 💾Web3Anthill
  • Products
    • Web3Chain
    • Web3 Airdrop
    • Web3 Coin (W3B)
    • Web3Dex
    • Web3Exchange
    • Web3Explorer
    • Web3Launchpad
    • Web3NFT
Powered by GitBook
On this page
  1. WhitePaper
  2. Proof of Web3 Consensus Mechanism
  3. MacroMiner (MPoH & Web3Anthill)

Archive Node

PreviousMacroMiner (MPoH & Web3Anthill)NextFull Node

Last updated 1 year ago

The minimum hardware requirements that users who want to undertake the task of Archive Node must provide:

From the moment the Archive Node joins the system, its reward is calculated with multiple parameters. Every day at 00:00 (UTC), Archive Node receives its rewards from the total miner pool, which is 75.000 W3B and is renewed daily.

Archive Node can track its share of the reward from the miner pool, which is updated hourly, but the reward can only be transferred to its wallet at 00:00 (UTC). An Archive Node can earn a maximum of 150 W3B in a 24-hour period.

The W3B amount that will be added to an Archive Node's balance for each hour it provides hardware power is calculated using the following formula:

60.000/24xTN60.000 / 24 x TN60.000/24xTN

TN : Total Nodes

In addition to the W3B reward earned from the 60.000 W3B reward pool, an Archive Node earns "1MP" for providing uninterrupted hardware power for each 24-hour period. The earned MP points are permanently added to the point balance. At 00:00 (UTC), the Archive Node receives the uninterrupted service reward from the 15.000 WEB mining pool proportional to its MP balance and the number of hours it was active during the day.

The Web3 Coin reward earned at the end of the day is calculated by the following formula:t

(15.000/(TMPx(TA/(TNx24))))xMPx(A/24)(15.000 / ( TMP x ( TA / ( TN x 24 )))) x MP x ( A / 24 )(15.000/(TMPx(TA/(TNx24))))xMPx(A/24)
  • MP : Web3 Points

  • TMP : Total Web3 Point in the pool

  • TA : Total active hours of all Archive Nodes for the reward day

  • TN : Total Nodes

  • A : Active hours during the day

For instance;

If there are 50.000 active Archive Nodes during the balance update time, the mining reward for that hour will be 0,05 W3B, calculated as 60.000/(50.000x24).

Assuming the user's MP balance is 10, the total MP in the pool (TMP) is 300.000 and the total active hours (TA) is 250.000, a 24-hour active Archive Node will be eligible for a reward of:

(15.000/(300.000x(250.000/(50.000x24))))x10x(24/24)=2,4W3B(15.000 / ( 300.000 x ( 250.000 / ( 50.000 x 24 )))) x 10 x ( 24 / 24 ) = 2,4 W3B(15.000/(300.000x(250.000/(50.000x24))))x10x(24/24)=2,4W3B

and a total of 3.6 W3B can be withdrawn to the wallet at 00:00 (UTC).

The calculated reward in W3B is hypothetical. The number of nodes in the pool, active hours, and MP owned can increase or decrease the reward based on circumstances.