In the AIRO ecosystem, maintaining your miner’s health is essential for maximizing mining rewards. The miner’s health, represented by the Health Rating, is one of the key components of the Miner Network Rating (MNR), which determines the rewards a miner earns. Let’s explore the concept of MNR and the role of the Health Rating, the impact of withdrawing $AIRO tokens, and the importance of repair fees in restoring your miner’s health. We’ll also provide an example to help you better understand these concepts.
Understanding Miner Network Rating (MNR):
The Miner Network Rating (MNR) is a crucial metric in the AIRO ecosystem that determines the rewards a miner earns. MNR is calculated using the following formula:
MNR = (Uptime Rating X (Age Rating + Health Rating))/200
The MNR consists of three components:
- Uptime Rating: Ranges from 0 to 1 in 0.1 increments, representing the time an AIRO A1 MINER is online during a week (0 = 0 hours online, 1 = 24/7 online).
- Age Rating: Starts at 100 when an AIRO A1 MINER is first connected to the AIRO Network and decreases to 0 over four years, considering the 4-year operation lifetime of some of the A1 Miner’s sensors.
- Health Rating: Represents the virtual health of the miner. It is 100 when there have been no $AIRO withdrawals from the miner’s account and drops to 50 when all $AIRO from the miner have been withdrawn.
Miners with higher MNR values earn more rewards, while those with lower MNR values may face penalties.
The Role of Health Rating in MNR:
The Health Rating is a measure of the virtual health of your AIRO A1 MINER in the AIRO ecosystem. It starts at 100 when your miner is first connected to the network, indicating optimal health. However, your miner’s health is directly affected by your actions, such as withdrawing earned $AIRO tokens from your miner’s account.
Withdrawing $AIRO Tokens and Its Impact on Miner Health:
When you withdraw all the earned $AIRO tokens from your miner’s account, the Health Rating drops from 100 to 50, which is the minimum Health a miner can have. A lower Health Rating results in reduced mining rewards as it affects your overall Miner Network Rating (MNR). The MNR plays a crucial role in determining the rewards you receive for mining in the AIRO ecosystem.
Restoring Miner Health with Repair Fees:
To restore your miner’s health and maximize rewards, you must deposit the withdrawn $AIRO tokens back into your miner’s account. Additionally, you need to pay a repair fee, which is a certain percentage (X%) of the deposited $AIRO tokens. Depositing the same amount of $AIRO + paying the repair fee increases your miner’s Health Rating back to 100, which in turn improves your overall MNR and allows you to enjoy maximum mining rewards once again.
Example:
You have an AIRO A1 MINER with a Health Rating of 100, and you’ve earned 500 $AIRO tokens from mining.
You decide to withdraw all 500 $AIRO tokens, which causes your miner’s Health Rating to drop to 50, negatively affecting your MNR and resulting in reduced mining rewards in the future.
To restore your miner’s health and regain maximum mining rewards, you deposit the 500 $AIRO tokens back into your miner’s account and pay a 5% repair fee (25 $AIRO). This action increases your miner’s Health Rating back to 100 and improves your MNR.
Understanding the Miner Network Rating (MNR) and the role of Health Rating in the AIRO ecosystem is essential for optimizing your mining rewards. The system is carefully designed to discourage “mine-and-run” behavior, which refers to users who mine tokens, quickly withdraw and sell them, causing price instability for the $AIRO token. By maintaining your miner’s health and thoughtfully managing your $AIRO token withdrawals, you can ensure higher MNR values and maximize your mining rewards. This approach not only benefits individual miners but also contributes to the overall stability and long-term success of the AIRO ecosystem.