PROTOCOL / Network & mining
Eras and miner rewards
A separate initial period, then 18 eras: H1–H18.
Why the initial period is separate
Genesis is block 0 and issues no coins. The initial period covers 21,600 blocks, from 1 to 21,600. It is followed by 18 numbered eras, H1–H18. The full schedule therefore has 19 reward periods and 18 H-labelled eras.
How much the miner receives
In the initial period, a block issues 5.5982845869 QNV: 4.8817041598 to the miner, 0.5374353204 to development and 0.1791451067 to reserve. From H8, all new block issuance goes to the miner. Hover over or select an era to see its exact allocation and block count.
Fees and reward maturity
Fees are separate from new issuance. Ten percent of aggregate block fees, rounded down, goes to the Network Fee Fund; the remainder goes to the miner. Coinbase spending requires a maturity of 540 accepted-chain blocks. Device earnings also depend on the share of blocks found and operating costs.
What happens after H17
H18 starts at block 9,467,281. Issuance becomes a constant 0.4260912442 QNV per block, all allocated to the miner. H18 has no final block. Issuance continues to reward mining; the transition date depends on block production.