Xaurum payouts formulas

	B	C	D	E	F	G	H
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2				XAURUM EXPRESIONS AND FORMULAS
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4	Name	Simbol	Value or formula	Unit	Example (calculator)		Explanation
5	Gold Price	Gp	Market purcase price + 5%	USD/g	50.00	USD/g	Price of 1g physical gold + % of Auresco margin.
6	Gold Backing	Gb	Determined in previus payout	g/XAU	1.23	g/XAU	Quantity of gold behind every XAU.
7	Profitability Constant	Pk	1.1		1.10		This constant insures miner profitability also in marginal scenarios (ex. Xm=Xb)
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9	Mined gold	Gm	Mined USD/Gp	g	60.00	g	Gold mined since last payout.
10	GoldMine Reward	R	Gm -> Determine in reward table	%	88%		Reward from Goldmine. More mined gold -> more reward (look at Reward Table)
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12	XAU market price	Xm	Market purchase price	USD/XAU	128.00	USD/XAU	Buy order price of most liquid exchange.
13	XAU base price	Xb	Gp*Gb	USD/XAU	61.50	USD/XAU	Xaurum value in gold represented in USD
14	XAU coinage price	Xc	XbPk+(Xm-Xb)0,5*(2-R)	USD/XAU	101.45	USD/XAU	The price at which new Xaurum coin comes to market - mining price
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16	Miner reward	Mr	Xm-Xc	USD	26.55	USD/XAU	The reward miner gets in USD.
17	Mining profitability	Mp	(Xm-Xc)/Xc*100	%	26%		The profitability percentage of minig XAU compared to direct mining (BTC, LTC, ...)
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21	Xaurum GoldMine Reward
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23	Mined gold (g)	Reward
24	1	50%
25	2	52%
26	4	54%
27	6	56%
28	8	58%
29	10	60%
30	12	62%
31	14	64%
32	16	66%
33	18	68%
34	20	70%
35	22	72%
36	24	74%
37	26	76%
38	28	78%
39	34	80%
40	40	82%
41	46	84%
42	52	86%
43	58	88%
44	64	90%
45	82	92%
46	86	94%
47	90	96%
48	94	98%
49	100	100%
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