Hi ogv,
I will check with our technical team to see what the issue is, I hope it is resolved like Stryfe says and you receive payment by 4 AM. If you believe you are missing payment for any reason whatsoever, please let us know and we will reimburse any costs
What is NovaPPS+ and how does it compare to other reward systems?We have received a couple of questions regarding what our NovaPPS+ method is and how we calculate what to reward to our users. We will also explain why different pools can offer different pool fees and which pools are more risky to the users.
We are proud to be a North American mining pool and try to improve transparency behind our operations and fees.
The definition of theoretical and actual are required to help distinguish the most popular payout methods of today for mining pools. The basic formula for how a reward is calculated is found below, mining pools use a variety of methods and combinations to determine their reward.
Reward = Block Reward (Theoretical/Actual) + Transaction Fee (Theoretical/Actual/Not included) – Pool Fee (This number can vary for both the block reward and transaction fee)
Theoretical – When mining pools are paying based on theoretical results, this means that you will earn regardless of whether a block is found or not. Additionally, this means this ensures the greatest stability.
Actual – Your payouts will vary depending on the actual amount of shares, amount of block reward or amount of transaction fees that are found per block.
MethodsPPS – Pay Per Share Method (Theoretical)This method pays out the block reward theoretically based on the miners hashrate proportional to the overall hashrate in the pool. This takes the risk away from miners because even if no block is found, they will pay. The downside to PPS is that it does not include the transaction fees in the reward.
PPLNS – Pay Per Last N Shares (Actual)This method calculates the miners hashrate proportional to the overall hashrate in the pool; however, this method will only pay out when a block is found. This increases the risk to the miners if there are no blocks found for an extended period of time. PPLNS payout method may or may not include the transaction fee as part of the reward.
PPS+ - Pay Per Share Plus (Theoretical and Actual)This method is very similar to the PPS method in which it pays the block reward theoretically. The main difference is that PPS+ will share the transaction fee but only if a block is found. This method shares the same amount of risk as PPS for the miners with the additional benefit of the transaction fees if a block is found. These pools generally have higher fees than other pools.
NovaPPS+ - NovaPPS+ (Theoretical)The NovaPPS+ method pays out the block reward AND the transaction fee theoretically. This reward is based on the miners hashrate proportional to the overall hashrate of the pool. This reduces the risk from miners entirely because even if no block is found, they are rewarded for BOTH the block reward and transaction fee. This method of payout is also known as FPPS and generally has a higher pool fee since the pool operators are taking on more risk.
Take advantage of our low 2.5% pool fee while it is available! Ensure that all of the rewards are shared with miners (block reward and transaction fee). Your profit is always our priority. Use NovaBlock to ensure steady payouts and never let bad luck affect your profits.
A summary table can be found below for your convenience:
https://imgur.com/a/cbMYgvcMine on!
Vincent
PS: If anyone can help me post this picture, that would be very helpful