Topic: Hello, can anybody me FULLY explain PPLNS and PPS reward systems? (Read 721 times)
Have you read this? It explained it good enough for me at first; http://forum.feathercoin.com/index.php?topic=5138.0
December 20, 2013, 07:12:05 PM
So, about PPS, Network difficulity (currently ( at the moment of writing ) is - 908,350,862 - this is the network difficulity? Correct me if im wrong anywhere.
So formula in numbers is : 1 / 908,350,862 * 25 - 7,5% Right?
WHAT IS THE 25? Why is it multiplied by 25? Please tell me.
25 BTC Block reward
So formula in numbers is : ((1 / 908,350,862) * 25) * 0.925
Reward per every submited share in BTC
About PPLNS:
Block value = 25 Bitcoins right?
WHAT IS THE TRANSACTION FEES? SOMEBODY EXPLAIN ME PLEASE.
Why everything (Block Value + Transaction Fees) is divided by 10?
TRANSACTION FEES are the fees people pay for sending Bitcoin, like 0.0001 BTC per transaction.
December 20, 2013, 05:38:38 PM
Hello, so I understand them a bit, but i dont fully understand the formulas , how they are counted. So lets start
Those formulas is taken from BTCGuild:
PPS:
1 / Network Difficulty * 25) - Pool Fee (7.5%)
____________________________________________
PPLNS:
((Block Value + Transaction Fees) / 10) - Pool Fee (3%)
_____________________________________________________
So, about PPS, Network difficulity (currently ( at the moment of writing ) is - 908,350,862 - this is the network difficulity? Correct me if im wrong anywhere.
So formula in numbers is : 1 / 908,350,862 * 25 - 7,5% Right?
WHAT IS THE 25? Why is it multiplied by 25? Please tell me.
---------------------------------------------
About PPLNS:
Block value = 25 Bitcoins right?
WHAT IS THE TRANSACTION FEES? SOMEBODY EXPLAIN ME PLEASE.
Why everything (Block Value + Transaction Fees) is divided by 10?
PLEASE HELP ME!
Those formulas is taken from BTCGuild:
PPS:
1 / Network Difficulty * 25) - Pool Fee (7.5%)
____________________________________________
PPLNS:
((Block Value + Transaction Fees) / 10) - Pool Fee (3%)
_____________________________________________________
So, about PPS, Network difficulity (currently ( at the moment of writing ) is - 908,350,862 - this is the network difficulity? Correct me if im wrong anywhere.
So formula in numbers is : 1 / 908,350,862 * 25 - 7,5% Right?
WHAT IS THE 25? Why is it multiplied by 25? Please tell me.
---------------------------------------------
About PPLNS:
Block value = 25 Bitcoins right?
WHAT IS THE TRANSACTION FEES? SOMEBODY EXPLAIN ME PLEASE.
Why everything (Block Value + Transaction Fees) is divided by 10?
PLEASE HELP ME!
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