Table of Contents
Devcoin generates 50,000 coins per block. 90% of the coins are sent to those who contribute to open source projects, are on the Bitcoin or Devcoin share list, have Devtome earnings, marketing earnings, or are Administrators. 10% remains with the miners. Devcoin is merge mined with Bitcoin.
Each round developers get 180,000,000 Devcoins. The number of shares is divided into 180,000,000 to come up with the value per share. This fluctuates depending upon how much work is generated by contributors. Devcoin is gaining popularity as individuals learn they can earn currency through work. This makes Devcoin the first cryptocurrency that is expressly made to compensate people for their open source and creative commons work.
Receiver files are used to load the addresses for payment into the mining operation. This is the first use of receiver files in cryptocurrency, and is a primary Devcoin innovation.
Round Earnings and Payouts
The earnings are calculated at increments of 4000 blocks, minus lead time of 2700 blocks. The payout blocks start at rounds in increments of 4,000.
Round 36 goes from block 137,300 to 141,300, and starts paying out at block 144,000.
Round 37 goes from block 141,300 to 145,300, and starts paying out at block 148,000.
Round 38 goes from block 145,300 to 149,300, and starts paying out at block 152,000.
Round 39 goes from block 152,300 to 153,300, and starts paying out at block 156,000.
Round 40 goes from block 153,300 (2014-09-10) to 157,300 (2014-10-10) and starts paying out at block 160,000.
Round 41 goes from block 157,300 to 161,300 and starts paying out at block 164,000.
Round 42 goes from block 161,300 to 164,300 and starts paying out at block 168,000.
Round 43 goes from block 164,300 to 167,300 and starts paying out at block 172,000.
Round 44 goes from block 167,300 to 170,300 and starts paying out at block 176,000.
A block countdown timer, and estimated time remaining for the current round, can be found here.
Cumulative Weighted Word Count per Round
The chart below shows the cumulative weighted word count since Devtome began in Round 22.
As of end of Round 38 below:
Share Distribution by Round
This will chart the share distribution based on type of earnings per round.
Summary of Round 39
Summary of Round 38
Summary of Round 37
Summary of Round 36
Summary of Round 35
Summary of Round 34
Summary of Round 33
Summary of Round 32
Summary of Round 31
Summary of Round 30
Summary of Round 29
Summary of Round 28
Summary of Round 27
Summary of Round 26
Summary of Round 25
Summary of Round 24
Summary of Round 23
Round 23 - Total Number of shares = 502. Each share = 358,565.6 Devcoins.