What is
The amount of cryptocurrency awarded to miners for successfully adding a new block to the blockchain.
Block rewards incentivize miners to secure the network. On Ergo, miners receive newly minted ERG plus transaction fees for each block they mine. Ergo's emission schedule started at 75 ERG per block and decreases over time, with all ERG to be mined by approximately 2045.
Common questions about this topic
Ergo miners earn from three sources: block rewards (newly minted ERG), transaction fees, and storage rent. Block rewards decrease over time according to the emission schedule, but storage rent ensures long-term income even after all ERG is mined. Most miners use pools for consistent payouts.
Ergo supports a full ecosystem: trade on Spectrum DEX, use SigmaUSD stablecoin, mix transactions with ErgoMixer, collect NFTs on SkyHarbor, mine with GPUs, lend/borrow on DuckPools, bridge to other chains via Rosen, and build dApps with ErgoScript. It's a complete platform for decentralized finance and applications.
Storage rent is Ergo's solution to state bloat. Boxes (UTXOs) that remain unspent for 4+ years can have a small fee deducted by miners. This incentivizes cleaning up unused state, provides long-term miner revenue after emission ends, and keeps the blockchain sustainable. Lost coins eventually return to circulation instead of being locked forever.
Ergo mining profitability depends on your electricity cost, GPU efficiency, and ERG price. Use mining calculators with your specific hardware and power costs. Ergo is one of the most profitable GPU-mineable coins due to Autolykos being ASIC-resistant. Profitability improves significantly with cheap electricity.