Current Node Operator Earnings

Nice post thank you… When u say there is an added benefit to nose operators can you tell me what have you noticed differently

The latest change kept the committee size to 48 slots but reduced the number of fixed nodes from 22 to 16. This means that in every round, an additional 6 slots will be taken from the validator queue instead. What I noticed on my end is that the epoch number displayed by the node monitor decreases, on average, every 1h40m. Resulting in your nodes being in committee more often and ultimately earning more.

At the same time, the number of validators keeps increasing, resulting in lower gains. But so far it’s a hunch that January will be better. I might be wrong. The random distribution of my nodes makes my total earnings very uneven, so it’s hard to tell from day to day. Give me a couple of weeks, and I’ll let you know… :grin:

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Ok thanks bro I appreciate you

fredlee
March 28, 2022

I’m up to 30.59 PRV/week, that means the 1750 PRV for a node is doubled in 57 weeks giving us 91% APR!!!

Wait, what? Why 57 weeks?

1 year = 52.17 weeks

52.17 * 30.59 = 1595 per year (fluid estimate)

That’s about 91% APR.

So I guess you were thinking 52 weeks, but wrote 57?


Updated in December:

fredlee
Dec 2022

Active Validators: 3314
PRV/WEEK: 25.10
APR: 75%

Sorry, I mixed two pieces of information in there, which made it a confusing sentence.

30.59 PRV/week is 91% APR, yes.
To double your 1750 PRV investment, you need a 100% increase, which was 57 weeks at the time of writing. I should have just left that part out. :relaxed:

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Having re-read the original post, I now see MY error.

I totally did not catch the “PRV for a node is doubled in 57 weeks” clause…

You, sir, should be an attorney. :wink:

Not sure what happened to https://incognito.org/mine/validator, but it’s not remembering things correctly. It now says we had 3143 validators in January. According to my records, it was closer to 3600-4500, depending on if you take the first or last day of the month because it was a really good growth period.

February is off even more, the site says 3090, but we had closer to 4600-4700 validators.

Anywho, we seem to have landed around 50% APR for the past two months. In $ or BTC per month, it’s quite bad at the moment. It has pushed my break-even date to next year. :grimacing:

My data shows the same thing as yours. I pinged a dev to see if we can get that corrected.

Just curious, do you roll your rewards into more nodes, put into provide or swap to alternative crypto? I don’t calculate ROI since I just roll all back into nodes.

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I roll everything into new nodes. But I know how much BTC I exchanged into PRV from the start. So my break even is when the PRV value of all my nodes is above my initial investment. I’m ignoring running cost and hardware purchases.

Unfortunately because PRV lost so much value since I started and have not yet turned around, I’m quite far off.

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Hi fredlee…I don’t post as much as I used to…but I will share this…my 3 pnodes I own I call them my 3 angels…which I have owned for a few years now…I absolutely adore them…even with the price fluctuations going on in the crypto verse…I can say my angels have paid themselves off and then some over the years…I have mined Bitcoin, Ethereum, and other coins…but it is this community…the devs, the team, everything about the incognito community that is where the true value is and the diamond of all it is…it is the people here…it was a rough start for a minute at the beginning of this project…but the growth, the support, the vision…it is amazing…stay loyal to the project your investment will pay itself and then some in the long run…I feel privileged to be part of this project and honored because these guys and ladies are priceless…they truly are…I have seen projects come and go…we all have seen the news…everything from Kwon with TerraUSD and that meltdown, to 3AC, To Voyager and BlockFi, to Friedman and FTX…this past year has been a rollercoaster of ups and downs, Bankruptcy and thefts…and well here this small quiet and dedicated project has chugged along and worked this project and grown it and today it is what it is…a truly wonderful project…not perfect but hey compared to the nightmares that have been taking place out there in the crypto verse… this community is truly a gem… and these lil pnodes…mannnn…I call them my angels…3 angels…they are still going strong…and that I thank and credit this community for having created something truly…amazing and positive… the point is…keep the faith and you will be happy in the end…I am…and hey @Jared it is good to see you…hope all is well there…ok nuff said…I am outta here…peace… :sunglasses:

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Great topic, thanks for the earnings tracking.
Are there news about the earnings in April and the first weeks of May?

Sure, I keep tracking, but I slacked a bit on updating this post. Done it now, node count keeps quite steady, and also APR. PRV keeps dropping in value quicker than you can compound earnings tho. Now down to a painful $11/month. :grimacing:

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I really appreciate you keeping this post updated @fredlee - Many thanks. :pray:

Hey @Josh_Hamon,

As you know, I’m a HUGE fan of Nito Bot on Telegram.

I’ve noticed for quite some time now that when I run the /network command, Nito bot returns the following:

“… I’m unable to get the total number of validators at this time.”

I’m not sure if that’s because the data is no longer available via API call or some other reason. But as a stop gap, could you please manually provide the figure that @fredlee provides each month as I feel it’s better to have some figure then no figure at all.

Your thoughts Josh?

P.S. For those NEW to the community and are running a Validator Node but have not heard about Nito Bot, it is an amazing tool created by Josh and it is the best way to track your validator node’s earnings via Telegram.
Learn more here - Nito FAQ (Telegram Bot)

Do you have any more recent results? tia

Sure! Results updated to cover August and September. I had a dip one week in August because of the same problem you had, that the Incognito team rolled out a fix for.

The reason why that affected August and not July, is because they all got slashed and missed the next earnings epoch.

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PRV has been steady at 13 cents for a few months now. Here is to 2024 that it at least stays that way or even better actually gains in value :clinking_glasses:

Hello, @fredlee! How are you calculating the earnings of the nodes? Are you using the incognito monitor?

Hey! Nope, my stats are calculated “practically”. Each period is how long it takes to generate 1750 PRV divided by number of staked nodes. I constantly log using incognito-cli --net local checkrewards, then at 1750 PRV I withdraw and spin up a new node.

I saw I was mentioned in your Hosting service for vNodes! Website fully automated thread. If you’re using incognito monitor I think you might be under-calculating rewards. I also log all my nodes last_votes stats from the monitor. From time to time I’ve seen no stats at all for nodes. I cannot say if historical data Is always corrected at a later time or not. I’ve been thinking about collecting stats from my own full node instead.

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Updated stats. I just want to mention that I now count active validators instead of just staked nodes. Previously non-functional nodes would be slashed, but now they are automatically re-staked and placed in syncing. We currently have 848 non-functioning staked validator nodes in the network. I found active nodes more relevant for node earning stats, since those are the ones I am splitting the work with. This makes my numbers different from the ones presented on the official page.

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