Mining / Issuance

18 eras.
A reward for every block.

Rewards step down 18 times, by 9–20% per reduction rather than 50%. After H18, a permanent reward continues. Select a period to see the blocks and miner allocation.

18 erasH1 → H18

Hover or select an era. On a keyboard, use the arrow keys, Home and End.

Initial period1 – 21,600

To the miner per accepted block

4.8817041598 QNV

Blocks in this period

21,600

Total new QNV / block: 5.5982845869
Development / block: 0.5374353204
Reserve / block: 0.1791451067

Total to miners in this period: 105444.8098516800 QNV

Bar height shows the miner allocation for one block. Width does not represent duration. Fees are separate.

Where the reward comes from

Each accepted block issues new QNV. In the initial period and H1–H7, part goes to development and reserve. From H8, the miner receives all new block issuance.

What fees add

Fees are not included in the chart. Ten percent of aggregate block fees, rounded down, goes to the Network Fee Fund; the remainder goes to the miner. Coinbase reward spending requires a maturity of 540 blocks.

Complete schedule

Block ranges, counts and allocations to 10 decimal places.

Download source CSV

Period	Blocks from — to	Block count	Total / block	Miner / block	Development / block	Reserve / block
Initial	1 — 21,600	21,600	5.5982845869	4.8817041598	0.5374353204	0.1791451067
H1	21,601 — 64,800	43,200	5.0944389741	4.5238618091	0.4279328738	0.1426442912
H2	64,801 — 129,600	64,800	4.6359394665	4.1908892778	0.3337876416	0.1112625471
H3	129,601 — 216,000	86,400	4.1723455198	3.8385578783	0.2503407312	0.0834469103
H4	216,001 — 324,000	108,000	3.7551109678	3.5147838659	0.1802453265	0.0600817754
H5	324,001 — 453,600	129,600	3.3420487613	3.1548940307	0.1403660480	0.0467886826
H6	453,601 — 604,800	151,200	2.9744233976	2.8792418489	0.0713861616	0.0237953871
H7	604,801 — 777,600	172,800	2.6174925898	2.5756127084	0.0314099111	0.0104699703
H8	777,601 — 1,036,800	259,200	2.3033934790	2.3033934790	0.0000000000	0.0000000000
H9	1,036,801 — 1,446,390	409,590	2.0039523268	2.0039523268	0.0000000000	0.0000000000
H10	1,446,391 — 1,840,860	394,470	1.7434385244	1.7434385244	0.0000000000	0.0000000000
H11	1,840,861 — 2,366,820	525,960	1.4993571309	1.4993571309	0.0000000000	0.0000000000
H12	2,366,821 — 3,155,760	788,940	1.2894471326	1.2894471326	0.0000000000	0.0000000000
H13	3,155,761 — 3,944,700	788,940	1.0960300626	1.0960300626	0.0000000000	0.0000000000
H14	3,944,701 — 4,996,620	1,051,920	0.9316255533	0.9316255533	0.0000000000	0.0000000000
H15	4,996,621 — 6,311,520	1,314,900	0.7825654648	0.7825654648	0.0000000000	0.0000000000
H16	6,311,521 — 7,889,400	1,577,880	0.6495293357	0.6495293357	0.0000000000	0.0000000000
H17	7,889,401 — 9,467,280	1,577,880	0.5326140553	0.5326140553	0.0000000000	0.0000000000
H18	9,467,281 — ∞	∞	0.4260912442	0.4260912442	0.0000000000	0.0000000000

All amounts in QNV. Genesis: block 0, issuance 0.0000000000 QNV.

Why H18 has no end

From block 9,467,281, miners receive 0.4260912442 newly issued QNV per block. At the target two-minute interval, this begins after about 36 years and has no end date. That makes issuance beyond 100 years possible by design. It is not a forecast of profit, price or network lifetime; QNV has no fixed final supply cap.

How the reserve works

Reserve accumulates from part of new issuance in the initial period and H1–H7. R10.1 permits releases through special operations, with cumulative limits of 35% in H9, 65% in H10, 85% in H11 and 100% from H12. These are cumulative limits, not new shares of each block.

Source: R10.1 monetary specification, sections 4–7, and monetary_schedule_r10_1.csv. Values describe issuance rules, not current network height or device earnings.

Era guide

18 eras.A reward for every block.