April 3, 2024

State of the Network: March

In the March edition of our “State of the Network” series, we provide an in-depth look at the Swarm network’s metrics and the notable changes they have undergone. This month’s report captures a dynamic period for the network, characterized by variations in rewards and geographical distribution of nodes. Through this analysis, stakeholders can gain insights into the evolving landscape of the Swarm network.

Network Total Monthly Rewards

This metric shows the total rewards paid out across the entire network for each month.

Month Total Network Rewards (xBZZ)
October 152,868
November 148,617
December 159,865
January 157,596
February 152,974
March 104,657


In March, total network rewards saw a notable decrease to 104,657 xBZZ, marking the lowest payout in the recent months, underscoring a change in network utilisation.

Monthly Median Win Values

This metric is the median win amount for each win event.

Month Median Win Values (xBZZ)
October 46.84
November 46.83
December 48.06
January 47.43
February 49.15
March 27.43


The median win values experienced a marked decline to 27.43 xBZZ, reflecting a decrease in the typical reward amount won by nodes in win events.

Monthly Average Win Values

This metric is the average win amount for each win event.

Month Average Win Values (xBZZ)
October 62.09
November 47.41
December 57.75
January 51.20
February 54.42
March 34.96


Average win values also saw a reduction, settling at 34.96 xBZZ, indicating a lower average reward amount collected per win across the network.

Active Staking Node Monthly Average Earnings

This metric shows the average monthly earnings for an active staking node (defined as a node which has submitted a commit transaction at least once in the month).

Month Avg Total Earnings per Node (xBZZ)
October 14.73
November 8.12
December 12.40
January 13.89
February 13.21
March 7.71


In line with the trend for other metrics, the average monthly earnings for an active staking node decreased significantly to 7.711 xBZZ in March, reflecting a downturn in earnings across active nodes.

Total Active Staking Nodes by Month

This metric shows the total active staking nodes by month (again, defined as a node which has submitted a commit transaction at least once in the month).

Month Total Active Staking Nodes
October 10,367
November 20,868
December 12,891
January 11,350
February 11,576
March 13,571


March recorded an increase in the total number of active staking nodes to 13,571, showing a rebound in network participation compared to the previous month.

Total Winning Nodes by Month

This metric shows the total number of unique active staking nodes which have won at least once within the month.

Month Total Winning Nodes
October 2,462
November 2,787
December 2,308
January 2,474
February 2,814
March 2,413


The total number of unique winning nodes slightly decreased to 2,413, indicating a small shift in the composition of winning participants within the network.

Total Active Staking Nodes by Country

This metric shows the total number of active staking nodes across the top four countries and all other countries aggregated into the “Other” category, as well as the remaining nodes in the “Unknown” category.

China Germany Finland Unknown United States Other
October 6,242 2,042 1,543 175 282 91
November 16,145 2,225 1,961 37 363 137
December 8,333 2,001 1,919 265 312 61
January 6,696 1,937 1,769 701 181 66
February 6,787 1,958 1,952 688 116 75
March 7,785 1,953 2,232 1,408 91 102

Total Staking Nodes by Country.png

The geographic distribution of active staking nodes in March showed notable changes, with increases in nodes from China, Finland, and “Other” countries, while the “Unknown” category saw a substantial increase.


The March report reveals a complex picture of adjustment within the Swarm network, highlighted by a decrease in total rewards but an increase in active staking nodes. This suggests a period of rebalancing and diversification in network participation and reward distribution. The geographical spread of nodes underscores the network’s evolving global reach. As we continue to monitor these trends, the evolving dynamics of the Swarm network offer valuable insights into its resilience and adaptability in light of changing conditions.

Follow Swarm community news on X / Twitter.
Discussions about Swarm can be found on Reddit.
All tech support and other channels have moved to Discord!
Please feel free to reach out via info@ethswarm.org
Join the newsletter! .

By clicking on Subscribe you consent to usage of your given e-mail address for receiving communication and news about the Swarm project and news. Data will be controlled and processed by Swarm Foundation.