Geodnet Profitability Calculator

What Is GEODNET?

GEODNET is the world's largest RTK network, enhancing GPS accuracy by allowing people to install small GNSS antennas on their roofs in exchange for earning GEOD tokens. The GEODNET MobileCM Triple-Band is a GNSS base station and space weather station, gathering real-time geospatial data from the Earth and atmosphere. By installing this roof-mounted device, you can contribute to the GEODNET mission and earn GEOD tokens. GEOD has a total supply of 1 billion tokens, with daily unlock and distribution for miners and a steady distribution plan for the team, investors, and ecosystem.

How GEODNET Reward Estimator Works

The GEODNET reward estimator helps you calculate your potential earnings based on several factors:

Base Rewards

• Initial Base Reward: 24 GEOD tokens per day.
• Halving Schedule: The base reward rate halves yearly.
  • July 2022 - June 2023: 2 GEOD per hour (17,520 GEOD per year).
  • July 2023 - June 2024: 1 GEOD per hour (8,760 GEOD per year).
  • July 2024 - June 2025: 0.5 GEOD per hour (4,380 GEOD per year).

SuperHex

A SuperHex is a high-value area on the GEODNET map requiring RTK base stations, offering rewards multiplied by up to 4x. The SuperHex program has two phases:

• Phase I: Requires 50,000 GEOD to activate, with up to 91 SuperHex areas and incremental multipliers up to 14x.
• Phase II: Requires 20,000 GEOD to activate, with up to 500 SuperHex areas and fixed multipliers of 2x or 4x.

Location NFT

Awarded to the first high-performance satellite miner in a GEODNET Hex:

• Qualification: 98% or higher Rolling Rewards Rate (RRR) over 30 days.
• Benefits: Ensures maximum rewards, remains even if performance drops. Only the first miner receives full rewards; others share eligible rewards.

Token Calculation Based on Satellite No. and Satellite SNR

• Quality Score: Ensures connection to the right number of satellites.
• Reward Ratio: Based on satellite's SNR (signal noise ratio).
  • 100% if effective satellite number is >= 30.
  • 0% if effective satellite number is <= 20.
  • (30-x)/10 if effective satellite number is between 20 and 30.
• Effective Satellite Number: Only satellites with SNR >= 32 are counted.

Additional Factors

• Sharing Rewards: If not alone in your hex, the 24 baseline reward tokens are split with other GEODNET devices.
• Proximity Penalty: Within 100m of another GEODNET device, you earn 0 tokens.

How GEODNET Reward Calculator Works

• If Alone in Hex: 24 (baseline) * hex boost multiplier * quality score (assumed to be 1)
• If Not Alone in Hex: 24 (baseline) / (number of hotspots in hex) * hex boost multiplier * quality score (assumed to be 1)

How to Use the GEODNET Reward Estimator

Using the GEODNET reward estimator is simple:

1. Input Your Location: Enter your location into the estimator to determine your hex and its characteristics.
2. Check Miner Count: The tool checks how many other miners are in your hex.
3. Estimate Rewards: See the estimated rewards per unit for your specific setup.

Benefits of Using GEODNET Reward Estimator

Accurate Earnings Prediction

The estimator gives you a clear idea of daily token earnings, helping you plan investments and understand potential returns.

Strategic Deployment

Know the number of miners in your hex to choose less crowded areas, maximizing rewards and earning a Location NFT.

Equipment Performance Insight

The tool shows how equipment like the Triple-Band GNSS base station performs in various conditions, helping you select the best hardware for optimal rewards.

Informed Decision-Making

Make informed decisions about staking, joining SuperHex areas, and other strategies with detailed reward calculations.

Factors Affecting GEODNET Rewards

Location

Your physical location impacts potential rewards, with less crowded hexes offering higher earnings.

Number of Miners in Hex

More miners in your hex mean sharing baseline rewards, reducing individual earnings.

Equipment Type

Higher quality equipment like the Triple-Band GNSS base station can lead to better performance and higher rewards.

Satellite Connectivity

Your quality score is based on the number of effective satellites connected, boosting your reward ratio.

SuperHex Multiplier

Deploying in a SuperHex area can multiply your rewards significantly.

Proximity to Other Devices

Being too close to another GEODNET device (within 100m) can earn 0 tokens.