Firo mining is overwhelmingly centralized on a single pool. For the benefit of Firo and it's security, it would be much better if no single pool had greater than a 30% share in hashrate.
We may have an opportunity to attract and direct new hashrate to pools with less than 30% hashrate, due to the upcoming 'merge' everyone is talking about.
We offer a 10% mining rewards bonus to pools with less than 30% hashrate. The rewards will be calculated and awarded based on total blocks solved. I have allocated a maximum of 1500 Firo.
Pools owners that have less than 30 percent Firo hashrate marketshare will receive a 10% reward bonus to distribute among their Firo miners in their pool.
*This bonus will be for the sole purpose of rewarding Firo miners in their pool.
After one month the CFC will look at what affect the bonus has had on hashrate decentralization. We can then decide to fund the bonus for another month or not continue to fund the initiative if it hasn't had a significant desirable outcome. We could also decide to make other changes. We could decide to scale the bonus reward percentage lower, for example to something like 5% or some other number. This may be a fiscally responsible thing to do, as the more successful this initiative becomes, the more expensive it would become to fund also.