Low Supply.
Slow Inflation.
PowShares is an innovative project that introduces a unique approach to cryptocurrency mining and supply management through its distinct algorithm. At the core of PowShares’ model is the ‘Yearly Halving Function’, a mechanism intricately designed to methodically reduce the quantity of tokens mined each year. This function is engineered to halve the mining reward annually, creating a predictable and diminishing supply curve that contrasts sharply with the often volatile production rates of traditional cryptocurrencies.
This halving process not only instills scarcity, enhancing the perceived value of the tokens, but also encourages sustainable mining practices.
Slow Down Supply.
Harder To Get!
PowShares stands out in the digital asset landscape with its groundbreaking approach to supply management, characterized by a maximum cap of 5 million tokens and a yearly halving mechanism. This unique combination ensures a very slow inflation rate of the circulating supply, setting PowShares apart from conventional cryptocurrencies. The 5 million token cap signifies a commitment to scarcity and exclusivity, enhancing the token’s appeal to investors seeking a limited supply asset. Simultaneously, the yearly halving feature systematically reduces the number of new tokens entering circulation
PowShares Halving Schedule
| Year | Description | Blocks in a Day | Block in Year | Mining Rewards | Coins | Sum | Diff |
|---|---|---|---|---|---|---|---|
| 2023 | PreMine | 1.999999 | 99,999.95 | 99,999.95 | 4,900,000.05 | ||
| 2024 | Reward for Year 1 | 1440 | 525600 | 4 | 2,102,400.00 | 2,202,399.95 | 2,797,600.05 |
| 2025 | Reward for Year 2 | 1440 | 525600 | 2 | 1,051,200.00 | 3,253,599.95 | 1,746,400.05 |
| 2026 | Reward for Year 3 | 1440 | 525600 | 1 | 525,600.00 | 3,779,199.95 | 1,220,800.05 |
| 2027 | Reward for Year 4 | 1440 | 525600 | 0.5 | 262,800.00 | 4,041,999.95 | 958,000.05 |
| 2028 | Reward for Year 5 | 1440 | 525600 | 0.25 | 131,400.00 | 4,173,399.95 | 826,600.05 |
| 2029 | Reward for Year 6 | 1440 | 525600 | 0.125 | 65,700.00 | 4,239,099.95 | 760,900.05 |
| 2030 | Reward for Year 7 | 1440 | 525600 | 0.0625 | 32,850.00 | 4,271,949.95 | 728,050.05 |
| 2031 | Reward for Year 8 | 1440 | 525600 | 0.03125 | 16,425.00 | 4,288,374.95 | 711,625.05 |
| 2032 | Reward for Year 9 | 1440 | 525600 | 0.015625 | 8,212.50 | 4,296,587.45 | 703,412.55 |
| 2033 | Reward for Year 10 | 1440 | 525600 | 0.0078125 | 4,106.25 | 4,300,693.70 | 699,306.30 |
| 2034 | Reward for Year 11 | 1440 | 525600 | 0.00390625 | 2,053.13 | 4,302,746.83 | 697,253.18 |
| 2035 | Reward for Year 12 | 1440 | 525600 | 0.001953125 | 1,026.56 | 4,303,773.39 | 696,226.61 |
| 2036 | Reward for Year 13 | 1440 | 525600 | 0.0009765625 | 513.28 | 4,304,286.67 | 695,713.33 |
| 2037 | Reward for Year 14 | 1440 | 525600 | 0.00048828125 | 256.64 | 4,304,543.31 | 695,456.69 |
| 2038 | Reward for Year 15 | 1440 | 525600 | 0.000244140625 | 128.32 | 4,304,671.63 | 695,328.37 |
| 2039 | Reward for Year 16 | 1440 | 525600 | 0.0001220703125 | 64.16 | 4,304,735.79 | 695,264.21 |
| 2040 | Reward for Year 17 | 1440 | 525600 | 0.00006103515625 | 32.08 | 4,304,767.87 | 695,232.13 |
| 2041 | Reward for Year 18 | 1440 | 525600 | 0.00003051757813 | 16.04 | 4,304,783.91 | 695,216.09 |
| 2042 | Reward for Year 19 | 1440 | 525600 | 0.00001525878906 | 8.02 | 4,304,791.93 | 695,208.07 |
| 2043 | Reward for Year 20 | 1440 | 525600 | 0.000007629394531 | 4.01 | 4,304,795.94 | 695,204.06 |
| 2044 | Reward for Year 21 | 1440 | 525600 | 0.000003814697266 | 2.01 | 4,304,797.94 | 695,202.06 |
| 2045 | Reward for Year 22 | 1440 | 525600 | 0.000001907348633 | 1.00 | 4,304,798.95 | 695,201.05 |
| 2046 | Reward for Year 23 | 1440 | 525600 | 0.0000009536743164 | 0.50 | 4,304,799.45 | 695,200.55 |
| 2047 | Reward for Year 24 | 1440 | 525600 | 0.0000004768371582 | 0.25 | 4,304,799.70 | 695,200.30 |
| 2048 | Reward for Year 25 | 1440 | 525600 | 0.0000002384185791 | 0.13 | 4,304,799.82 | 695,200.18 |
| 2049 | Reward for Year 26 | 1440 | 525600 | 0.0000001192092896 | 0.06 | 4,304,799.89 | 695,200.11 |
| 2050 | Reward for Year 27 | 1440 | 525600 | 0.00000005960464478 | 0.03 | 4,304,799.92 | 695,200.08 |
| 2051 | Reward for Year 28 | 1440 | 525600 | 0.00000002980232239 | 0.02 | 4,304,799.93 | 695,200.07 |
| 2052 | Reward for Year 29 | 1440 | 525600 | 0.00000001490116119 | 0.01 | 4,304,799.94 | 695,200.06 |
| 2053 | Reward for Year 30 | 1440 | 525600 | 0.000000007450580597 | 0.00 | 4,304,799.95 | 695,200.05 |
| 2054 | Reward for Year 31 | 1440 | 525600 | 0.000000003725290298 | 0.00 | 4,304,799.95 | 695,200.05 |
| 2055 | Reward for Year 32 | 1440 | 525600 | 0.000000001862645149 | 0.00 | 4,304,799.95 | 695,200.05 |
| 2056 | Reward for Year 33 | 1440 | 525600 | 0.0000000009313225746 | 0.00 | 4,304,799.95 | 695,200.05 |
| 2057 | Reward for Year 34 | 1440 | 525600 | 0.0000000004656612873 | 0.00 | 4,304,799.95 | 695,200.05 |
| 2058 | Reward for Year 35 | 1440 | 525600 | 0.0000000002328306437 | 0.00 | 4,304,799.95 | 695,200.05 |
| 2059 | Reward for Year 36 | 1440 | 525600 | 0.0000000001164153218 | 0.00 | 4,304,799.95 | 695,200.05 |
| 2060 | Reward for Year 37 | 1440 | 525600 | 0 | 0.00 | 4,304,799.95 | 695,200.05 |