Blocknet block reward schedule

This page lists the Blocknet block reward for every month of the emission schedule, explains how the reward is calculated, and shows what the schedule means for you as a miner.

What is the Blocknet block reward?

Blocknet targets one block every five minutes (300 seconds). That gives 288 blocks a day and 8,640 blocks in each 30-day month. The difficulty adjusts after every block, based on a weighted average of the last 60 block times, so the pace stays close to five minutes as the network's hashrate changes.

The reward for any block depends only on which month its height falls in. The month is the block height divided by 8,640, rounded down, so heights 0 to 8,639 are month 0, heights 8,640 to 17,279 are month 1, and so on.

How is the reward calculated?

The daemon computes each month's reward with one formula:

reward(month) = (723.25093035 - 2.0) × e^(-0.75 × month / 12) + 2.0

The first term is the part of the reward above the 2.0 BNT tail. It shrinks by a factor of e^-0.75 each year, so after twelve months it is about 47% of its starting size. Spread over the months, the above-tail part of each month's reward is about 93.9% of the month before, so the reward moves down in small, regular steps.

The result is rounded down to whole atomic units (1 BNT is 100,000,000 atomic units). The table below shows each reward rounded to two decimals.

Blocknet reward table by month

The genesis block at height 0 carries no reward, so month 0 has 8,639 paid blocks. Every BNT comes from these block rewards, with no premine, as the Blocknet fair launch page explains. On October 25, 2026, the pool was working on block 69,016, near the end of month 7. The bntpool.com dashboard shows the current block height, so you can find its row above, and the blocks page lists the blocks the pool has found.

What happens at month 48?

The decay formula applies to months 0 through 47, ending at 40.22 BNT per block in month 47. From month 48 the daemon uses the tail value directly, so the reward becomes 2.0 BNT and stays there. At 288 blocks a day, the tail adds 576 BNT a day, or about 210,240 BNT a year.

Month 48 begins 1,440 days of five-minute blocks after launch, which is roughly four years. The calendar date depends on real block times, so the block height is the reliable marker.

How much BNT is mined before the tail?

Adding up every block from height 1 to 414,719 gives 98,561,905.08 BNT, about 98.6 million. The code and the official site describe the schedule as about 100 million coins over four years plus the tail, and the exact sum lands just under that round figure.

Most of it is mined early. Grouped by year of the schedule:

When can you spend mined BNT?

A block's reward can be spent once 60 more blocks have been added on top of it, about five hours later. This rule is called coinbase maturity. The bntpool.com pool waits the same 60 blocks before paying out a block's reward, and the payouts page lists what it has sent.

What does the schedule mean for miners?

Rewards are larger in earlier months. A block found in month 12 pays 342.69 BNT, about 47% of the 723.25 BNT paid in month 0, and a block in month 24 pays 162.93 BNT. Each new month pays less per block than the one before until the tail.

Your share of those rewards follows your share of the network's hashrate. For solo mining, the expected number of blocks you find per day is 288 × (your hashrate ÷ network hashrate), and each one pays the reward for its month. On a pool, the same arithmetic applies to the pool's hashrate, and each block's reward is shared among the miners who contributed work, so you earn from every block the pool finds instead of waiting to find a whole block yourself. The bntpool.com dashboard shows the current network and pool hashrate, and the stats page shows your own miner's hashrate once you are mining.

To start mining now:

1. Download seine from seineminer.com. It runs on Windows, macOS and Linux and tunes itself to your hardware.
2. Run it and paste your Blocknet address or @name.
3. Accept the default pool, stratum+tcp://bntpool.com:3333.

The guide to mining on bntpool.com covers each step on the pool side, the Get Started page lists the pool settings, and the seine mining guide walks through the setup step by step. To see what different processors achieve, read Blocknet mining hardware and hashrate.