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Topic: What happens if I find a block in a pool? (Read 1214 times)

newbie
Activity: 13
Merit: 0
March 27, 2012, 06:13:30 PM
#5
 I use a pool to get continuous get payout
donator
Activity: 1218
Merit: 1079
Gerald Davis
If that were the case there wouldn't be much reason for a pool would there.

The point of a pool is so that you get paid when you don't find a block (but someone else in the pool does).
edd
donator
Activity: 1414
Merit: 1002
If I find a block solo I get 50 BTC if I'm in a pool do I still get 50 - fees?
If you are mining solo, you receive 50BTC + Txn fees for the block.
If you are mining in a pool, the pool divides up the 50BTC among the miners at the pool. (In one of many ways which pays more to the workers who did more hashing.)
If you mine in a pool, and find a block, you have no way to claim all 50+BTC for yourself. It is always divided among the miners in some even fashion.

Miners "pool" the work and divvy up the rewards based on the amount of work contributed.
sr. member
Activity: 322
Merit: 250
We are bees, and we hate you.
If I find a block solo I get 50 BTC if I'm in a pool do I still get 50 - fees?
If you are mining solo, you receive 50BTC + Txn fees for the block.
If you are mining in a pool, the pool divides up the 50BTC among the miners at the pool. (In one of many ways which pays more to the workers who did more hashing.)
If you mine in a pool, and find a block, you have no way to claim all 50+BTC for yourself. It is always divided among the miners in some even fashion.
newbie
Activity: 44
Merit: 0
If I find a block solo I get 50 BTC if I'm in a pool do I still get 50 - fees?
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