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Ace Miners NFT-Phase 1Ace Miners NFT-Phase 1by0x48D50d1707be392f7Bf07c36C692346D67C56371antzkaspa.eth

Boosting the hashrate for 90 days

Voting ended over 2 years agoSucceeded

Using the mining rewards for the next 90 days to boost our hashrates by purchasing the latest gen miners or continue to put aside 30% towards more miners but payout will be sent after 90 days as the payouts are still too low.

Option #1. -Full compounding: Accumulate mining rewards over the next 90 days to prepare for potential opportunities, including the Antminer L9 and other next gen miners.

Option #2. --Continue setting aside 30% of the mining rewards, but the mining distributions will be sent after 90 days of mining instead of the usual 30 days as the rewards have been lower. Having a 90-day threshold would allow us to make full use of the funding for a new miner should Bitmain release a new product within that period if the community wishes. We would then allow the community to decide whether to allocate the entire fund to new miners right away (if available) or proceed with the original plan of distributing 70% to holders and allocating 30% for future miner purchases. Distributing rewards monthly would not give us this flexibility.

Off-Chain Vote

100% towards new miners 90 days
58 ACE86.6%
30% towards new miners 90 days
9 ACE13.4%
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Timeline

Oct 03, 2023Proposal created
Oct 03, 2023Proposal vote started
Oct 15, 2023Proposal vote ended
Apr 23, 2024Proposal updated