The GeoMine Halving Schedule Explained
How Bitcoin-style halving works in GeoMine and why early miners benefit most.
GeoMine uses a halving emission schedule inspired by Bitcoin. Here's what that means and why it matters for early miners.
What Is Halving?
Halving means the mining rewards are cut in half at regular intervals. Bitcoin halves every ~4 years. GeoMine halves every year, creating faster scarcity.
The Numbers
| Year | Daily Emission | Annual Emission | Cumulative % of Mining Pool |
|---|---|---|---|
| Year 1 | ~273,972 | 100,000,000 | 25% |
| Year 2 | ~136,986 | 50,000,000 | 37.5% |
| Year 3 | ~68,493 | 25,000,000 | 43.75% |
| Year 4 | ~34,246 | 12,500,000 | 46.9% |
| Year 5+ | Decreasing | Decreasing | → 100% |
Why This Matters
In Year 1, 100 million tokens are distributed to miners. A user who mines consistently in Year 1 earns 4x more tokens per session than the same user doing the same activity in Year 3.
The Scarcity Effect
As fewer new tokens enter circulation each year:
- Supply growth slows dramatically
- If demand stays constant or grows, token value increases
- Early miners hold a proportionally larger share of total supply
Comparison to Bitcoin
| Aspect | Bitcoin | GeoMine |
|---|---|---|
| Max Supply | 21M | 1B |
| Halving Period | ~4 years | 1 year |
| Mining Method | Proof of Work | Proof of Presence |
| Start Date | 2009 | 2026 |
The Bottom Line
If you're considering using GeoMine, there's a significant financial incentive to start now rather than later. Year 1 miners will have earned tokens at rates that future users can never access.