Mining rewards breakdown
Base Reward
Performance
Station performance
Cover station operating costs
Independent of data usage
Streak Appreciation
Performance
Data availability and quality
Incentivizes good long-term performance
50% adder to base reward, infinite runtime
High Value Area (HVA)
Performance
Importance of new installation
Rapid installation of stations in areas with high user demand
Adder to base reward, time limited
Usage Rewards
Usage
Data usage in vicinity of station
Provides upside potential for station owner and motivates local community to create demand
Will become the dominant form of rewards in the future
onocoy's mining rewards system is designed to incentivize both the rollout and maintenance of GNSS reference stations (called miners). The reward model includes four components, each based on different performance and network factors:
1. Base Reward
Every miner gets a base reward (in ONO) for participating—this is independent of actual usage and encourages early infrastructure deployment.
Components of Base Reward:
Daily ONO Base Reward:
Determined by the rewards commission
Indicates the maximum amount of ONO a miner can earn within the Base Reward
Will be multiplied by the following factors:
onocoy checks the quality of the submitted data daily
The quality is based on:
Supported GNSS constellations (e.g., GPS, Galileo, BeiDou, etc.)
Frequency bands supported (e.g., L1, L2, L5, L6)
Measurement metrics (e.g., cycle-slip-free epochs, signal noise)
Data uptime and completeness
Uptime must be ≥80% to earn any reward; scaling is exponential up to 100%
Rewards optimal distribution (not clustered)
Penalties for redundancy over three stations within 15–50 km radius
Rewards sparsely covered areas to encourage useful deployments
Early Mover Boost:
Multiplier (initially 5×) applied to early adopters
Declines over time
Additional incentives to:
Reward early adoption
Keep up high performance
Drive infrastructure upgrades
3. High Value Areas
Additional incentives (temporary) to:
Support targeted network growth
Deploy new stations quickly in a highly demanded area
4. Usage Rewards
This is a bonus based on actual data consumption in a region. It is currently planned for the future and not active yet.
Shared among miners in a region based on:
How often their data is accessed
The improvement their data offers to users (e.g., signal quality)
Encourages regional collaboration: miners benefit more if the region is actively used.
Goal: Encourage miners to not just deploy anywhere, but to find high-impact, high-use locations.
Reward System Summary
This graph shows a summary of all the reward components and its magnitude.
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