How the PIVX Block Reward is Distributed.

In this blog I will be calculating how the PIVX block reward is distributed for you.

At the beginning from block 1 - block 259'200 the block reward was shared out between masternodes, miners & proposals (PIVX Treasury). At this point staking wasn't available until after Block 259'200. We are now on Block 579000 as I write this; currently PIVX distributes 15 PIVX per block and shares 90% of the block reward to masternodes & stakeholders and 10% of the block reward goes to proposals (PIVX Treasury). I have measured how many blocks PIVX is currently going through and it is going through 42 blocks per hour according to the blocks it went through on 30/03/2017 22:00 - 23:00. This means at this pace the PIVX treasury is getting 63 PIVX an hour to fund development, growth & proposals which is $51.57 currently and masternodes & stakers are getting 567 PIVX per hour which is $464.12 (This is shared out between everyone that is running a masternode & staking). The reason that I haven't told you how much masternodes and stakers get separately is because this is always changing.

PIVX uses a seesaw mechanism to balance the amount of masternodes and stakers. Basically if there are slightly more stakers than masternodes; stakers will be paid slightly less and masternodes will be paid slightly more from the 90% distributed to them. Its just like the job market in real life for example if there are to many people applying for the specific role the pay rate will go down because there is more supply of people able to do that job.