Network Weight Update – 5.2% Annual Return

For the period from June 17 to June 23 big mining wallets with a stable weight of 1.74 million coins won 432 block rewards over 4,190 blocks, or 10.31%, which gives a network weight of 16.9 million, and an annual return for staking wallets of 5.2%. This calculation uses many more data points than the shortterm moving average calculation by the wallet, and IMHO gives a better estimate of network weight.