Explain me this please: I mined 4.9 GIN from GIN blocks but received only 4.4. Where my remaining 0.5 (10%)?
Example
The pool mines some GIN blocks among others. You get a % value (converted to BTC as that's how the pool works) based on the exchange rate.
Coins get sent to be exchanged and divided among people whom have a % share.
BTC returns from the exchange; and are divided among the miners.
Since you want to be paid in GIN; you wait for GIN to get mined to cover your share. When they are mined and given to you; their value is based on the previous sale.
This is how I understand the process to work. There are more variables at play when it comes to mining something on a multi pool because this is not a solo mining pool.
You are taking an estimate (4.9GIN) and treating it as an actual value.... which it is NOT. It is an
estimate. If it was an actual value, it would have said 4.4; but since that can't be determined until the BTC returns from the exchange, its is called an estimate.
Not my situation.
As I said, i mined 4.9 GIN from GIN blocks, its not estimate value, it is a sum of rewards per blocks. The only explanation i have is that GIN coins i mined at first sold and than bought back with 10% higher price. And it is super ridiculous.
I suggest re-reading my original reply.
You are not understanding the process, and more you are not understanding that initial shares of all coins mined is the estimate value before those coins go to be sold on the exchange.
Only when the BTC returns from the exchange, do you know the actual value of your (% share in BTC) share mined from those coins
Then the pool will wait for more of your payout coin to be mined, and instead of selling some at the exchange, it can be exchanged by the pool internally at market rate to accumulate your payout.
On the mainpage of zpool.ca it says:
"This is NOT a solo mining pool. All mining is pegged to exchange prices."
Most algos have more than 1 coin on them. Thus; a LOT of variables (each coin) can have an effect on the overall value of the estimate after those coins pay a TX to go to the exchange, pay an exchange fee, then pay a tx fee to come back.... If this is a problem, please use a solo pool.
I added emphasis on the word estimate in my original reply, because its an important key factor that people seem to go to lengths to overlook.
