How do Smartnode payouts work?

in #smartcash7 years ago

smartnodes.png
I have been doing some digging as after 19 days I still haven't had a payout from my Smartnode yet. There seems to be very little information out there about how the payouts actually work (or I am not looking in the right places probably).

However, just now I found this post by @allemeister.

In it he says:

Note: There is a delay for first payment after the initial 10,000 smart collateral transaction. This delay is calculated by (2.6 minutes) * (number of enabled nodes).

Example: If I make my 10,000 smart collateral transactions to a new address for a fresh node with the current 8000 node count, it will take up to 14 days for the first reward.

By this calculation and considering there is now about 12,000 active nodes, I should get my first payment around day 21.

Here's hoping!

Sort:  

Thank you for adding value to the #smartcash community, today I chose to go through some SmartCash articles and I just had to resteem yours.

Keep us updated, i am currently working on getting enough SmartCash for a smart node myself. Hoping you get your reward soon ;)

Σ$$$ Tipped @imaverick Σ30 SMART! Comment @smartbot help to claim. Currently the price of SmartCash in the market is $0.150 USD per SMART. Current value of the tip is $4.50 USD. To find out more about SmartCash, please visit https://smartcash.cc.

ABASINKANGA RESTEEM SERVICE

  • This SMARTCASH post was hand-picked and resteemed to 6100 followers inline with my promote SMARTCASH on steemit initiative
  • For anyone to use my resteem service, send 0.1 SBD to @abasinkanga + post link as memo
  • Pay for a resteem with Smartcash: DM @abasinkanga on discord OR tip @abasinkanga 1 SMART + paste link in comment
    Tip with SMARTCASH or UPVOTE this comment if you appreciate this service.

Congratulations @imaverick! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!