We can mine on zpool and get paid on any coin we mine in coxst can't we ?
I think you just put c=COXST in the password field like..
ccminer -i scrypt -o stratum+tcp://mine.zpool.ca:3433 -u -p c=COXST
Then you mine scrypt and gt paid in coexst, so that the pool has to buy COXST..
Is that what you are talking about Frostminer. I never thought of that before. Hmm wonder if that works like that.
Yes, thats the way im pretty sure it works. Unless they internally exchange between f.ex coxst and btc miners... but not likely.
Most likely the pool sells all its mined coins, and buys the ones to pay out, unless they are mined.
If you mine coxst and chose to get pay in coxst, the pool only takes the fee, i guess.
If you mine FTC and chose to get pay in coxst... the pool cant make coxst unless it has mined it, or it has to buy it.
If they have to buy it, the pay is equal to the price of coins, minus fees.
Then you would see the opposite of the dumping, namely periodic buys.
Maybe zpool could give us a rough basic insight in how it operates.
Anyways, for the pool it doesnt matter. It lives of the fees anyways, and the pay to the miners will stay at the same value, just with a different name.
Did some reading on zpool.
"Non-BTC payouts depend on that coin being mined as your BTC balance is traded internally by our system to your currency of choice. If we have not or are not mining that currency your payouts will be delayed until the pool has mined the blocks for you to get paid. "
