Question: Mining Rewards and Uncle Rates

kroonikekroonike Member Posts: 1
Looking at https://etherscan.io/chart/uncles we can see that uncle rates are on the rise lately. Recently every day more than 3000 ETH is awarded in uncle rewards. How does this situation affect mining rewards?

Lets assume that miner gets all the rewards i.e transactions + 3 ETH block reward + uncle rewards. As I understand high uncle rates should increase miner rewards (more ETH is granted to miner from the network, hence larger average block reward), however, http://whattomine.com/coins/151-eth-ethash states that current reward is 2.91 ETH, on which they comment "Reduced due to uncles lowered reward". Where is the truth?

a) Are miners getting more or less (on average) than 3 ETH block reward due to uncles?
b) When uncles percentage rises do mining rewards rise or fall with it?
c) Is it more profitable to mine on a pool with high uncles percentage or low uncles percentage?

Comments

  • fredeqfredeq Member Posts: 42
    Uncles are basically orphans.
    They were introduced to not screw miners over small block time (thats causing orphans).

    Now uncles have lower reward than normal blocks. When you are mining a percentage of mined blocks will be uncles in the end lowering our daily yield.

    From global perspective the daily ETH production is increased by combined value of uncles.
    From single miner perspective the daily ETH production is lowered from base_reward.
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