The PirateCash network has reached another significant milestone. Today, at block 1495441, masternode rewards have officially increased to 20% of the block reward, marking another step forward in supporting our growing community and infrastructure.
What’s Changed?
- Out of the total block reward:
- 5 PIRATE now goes to masternodes 🏴☠️
- 20 PIRATE continues to go to miners ⛏️
The Impact on ROI
At the time of this increase, the ROI (return on investment) for masternodes was 25.84% annually. With the updated reward structure, the ROI has now risen to 34.45%, offering even more incentive for participants to support the network.
Current Network Stats
- 368 active masternodes are securing the network.
- These masternodes collectively hold 3,680,000 PIRATE — that’s 5.98% of the total circulating supply.
- In monetary terms, this equates to 0.91 BTC, or approximately $90,885 USD.
What’s Next?
The journey doesn’t stop here. The next masternode reward increase is scheduled for February 21, 2025, when masternodes will receive 25% of the total block reward.
This reward increase is part of PirateCash’s long-term strategy to create sustainable growth while incentivizing active participation. Masternodes play a vital role in maintaining the network’s performance, stability, and decentralization.
If you’ve been waiting for the perfect moment to join — now’s the time to get involved and claim your share of the rewards! 🚀
Set sail with PIRATE and become part of our growing community! 🏴☠️