The block reward can either be 0 (zero) or 1 (one) CGA coin.
- 1. The block reward is determined by first checking if the difficulty is above or below 3 (three). If it's BELOW 3, then go to the next step. If it's ABOVE 3, go to step 3.
- 2. Divide the current block number by 3 (three), and check the remainder.
- 2a. If the remainder is equal to 0 (zero), then the block rewards one CGA coin. Done.
- 2b. If the remainder is not equal to 0 (zero), then the block does not reward any CGA. Done.
- 3. Divide the current block number by the current difficulty, and check the remainder.
- 3a. If the remainder is LESS THAN 1 (one), then the block rewards one CGA coin. Done.
- 3b. If the remainder is NOT LESS THAN 1 (one), then the block does not reward any CGA. Done.
s4w3d0ff and others, please correct me if I am wrong. I hope this helps you understand the coin better!
then when the next block is divisible by 3 the switching pools will drive up the diff and so the chance of getting a reward on those blocks becomes very small, since the "remainder" must be low while the diff is high, so a big chance of a high remainder.
In other words: rewards have plummeted and it is not beneficial to mine, BUT it is in 1st place (incorrectly) on cointweak as they are using the wrong calculation for profitability!
Please update the official website and 1st post to avoid confusion and frustration.
You are right. The issue was supposed to be fixed in the latest update but I had coded the update wrong so it fell back on the old reward system. I am currently working on releasing the new update but I wanted to add the new logo before I release it. I will update the website and OP but keep in mind it will just be switched back once this new client update is released in a few days.
BTW: I am not aware of any profit switching pools that have added CGA yet.