Topic: miningpool.co Payout System, Discrepency (Read 824 times)
great no worries bro, didnt know where to post it or who the OP is as there isnt 1 central thread for the pools(as far as i could tell) you should make one or bump it if needed
The pool pays per share of a block round.
So if the total shares for a block round is 1000 and you submitted 100 then you get 10% of that block.
A block round consists of all shares from the first share after the last block the pool found and the last share of the next block the pool finds.
I understood this to be a PPS system. Looks like I am wrong.
The pool actually uses a proportional system then:
Prop. - Proportional. When block is found, the reward is distributed among all workers proportionally to how much shares each of them has found.
Will change the website.
Thanks for pointing this out.
So if the total shares for a block round is 1000 and you submitted 100 then you get 10% of that block.
A block round consists of all shares from the first share after the last block the pool found and the last share of the next block the pool finds.
I understood this to be a PPS system. Looks like I am wrong.
The pool actually uses a proportional system then:
Prop. - Proportional. When block is found, the reward is distributed among all workers proportionally to how much shares each of them has found.
Will change the website.
Thanks for pointing this out.
The Pool says PPS/Pay Per Block on every page. These are 2 entirely different systems, PPS disregards confirmations and wether a block is found and pays a fixed amount per share. Pay Per Block is a Proportional System which pays an amount dependant on the total shares needed for the current block
So which is the actual payment system, and the above info should be rectified
So which is the actual payment system, and the above info should be rectified
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