Author

Topic: P2pool (Read 6224 times)

legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
November 05, 2014, 03:24:58 PM
#3
Each share has a time to live before it falls off the payout list.  The more shares you have on the share chain, the more BTC you get when the pool finds a block.  If, as in your example, miners 1 and 5 have no shares, but miners 2, 3 and 4 do, when the pool finds a block, you'll receive payouts to the wallet addresses for miners 2, 3 and 4 corresponding to the number of shares each of those miners has on the chain when the block is found.
hero member
Activity: 924
Merit: 1000
Watch out for the "Neg-Rep-Dogie-Police".....
November 04, 2014, 05:08:32 PM
#2
Basically, yes. More shares = higher payout  Wink
hero member
Activity: 676
Merit: 501
November 04, 2014, 09:17:59 AM
#1
Not sure if here is right but it is a pool........

P2pool pplns payout system?

Can someone answer this question, Cause its pretty simple & i thought i had it all worked out but this is bugging me not knowing if its right or not?

I have 5 bitmain miners.  x S1 & 3 x S3

Each of them i point to a Fee free P2pool based close to where i am. (Not running bitcoind myself means i don't have to leave my pc on or admin P2pool so collect based on shares only)

Each miner, Mines to a different wallet address (So No double submits)

The more Shares each miner gets the more each miner gets paid?

Now if that's so and miners 1 & 5 have never received a valid share they keep mining

& miners 2,3 & 4 keep getting shares, Every time a block goes off ill get paid more from the miners with shares which keep going up? & ill get nothing from the other miners?
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