Questions tagged [pool-payout-methods]

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19
votes
3answers
34k views

What is a good mining pool/payout model for infrequent mining?

I usually mine only, when I do stuff using my PC so it is on anyway. So far I used Slushs Pool but they have a score based reward system, which seem to punish casual mining. If a long round ends >15 ...
25
votes
3answers
23k views

What is pool hopping?

What is pool hopping and how do pool hoppers affect other miners? Are there ways to prevent it?
19
votes
4answers
23k views

Solo Mining vs Pool Mining for users with high computing power

Let's say that a user has a decent amount of computing power. At the current difficulty of 1777774.4820015, he could have for example 10Gh/s (he would earn around 5 BTC per day according to a ...
14
votes
5answers
14k views

How do you send to multiple addresses by paying a one time fee? Which wallet supports this?

I have 20+ addresses I need to payout to. How can I send to all of these addresses without having to do it one at a time and paying a fee for each? Which desktop and mobile wallet supports this type ...
13
votes
5answers
45k views

Mining pool hashrate effect on a miner's income

Newbie miners have many misconceptions about how the hashrate of the pool they mine in will affect their mining income. If a big miner joins the pool there are some unhappy miners who think that now ...
13
votes
3answers
22k views

How do mining pools work?

I understand the following Pooled mining is a mining approach where multiple generating clients contribute to the generation of a block, and then split the block reward according the ...
10
votes
2answers
13k views

How to choose the most profitable pool?

Say I have a moderate amount of hashing power and I want to maximize my profit by using the pool that would give the best rewards for mining with them, what should I look at when choosing a pool?
11
votes
2answers
591 views

What are the problems with naive pool sharing mechanisms?

@David's comment on this answer suggests that naive approaches to mining pool management don't work. What attacks are possible on such naive approaches, such as every miner gets a share proportional ...
7
votes
2answers
16k views

Why is my p2pool share not payed out?

I'm mining Litecoins in the q30.qhor.net P2Pool node at a current rate of around 75 kH/s. I've been reading that decentralized p2pool mining differs a bit from centralized mining pools, e.g. that you ...
5
votes
1answer
3k views

Cheating on pooled mining

What is stopping me from hacking the mining software such that if I do happen to get the right hash I keep it for myself, but if not then I just submit my work done and get my share of the mined ...
16
votes
5answers
4k views

How can P2Pool charge a fee?

P2Pool is an open source peer to peer mining pool. It currently charges a fee of 0.5%. Is it possible to just fork P2Pool protocol and eliminate the fee? Has this been done? If so, how can P2Pool ...
7
votes
2answers
1k views

Can an SMPPS (Shared Maximum Pay Per Share) pool be hopped?

I've looked at the way SMPPS (Shared Maximum Pay Per Share) payout schemes work, and as far as I can tell, there is no significant way to hop such a pool to advantage. Yet I've seen several people ...
7
votes
1answer
416 views

Which pools offer payouts via generation? (Eligius-style payouts)

As the title says, which pools offer payouts to miners directly in the generation transaction of the block, as in Eligius?
13
votes
1answer
7k views

What is the P2Pool?

As I was checking this SE, it doesn't appear this important question has been asked: What is the P2Pool? How does differ from the traditional approach and what does it offer its users?
2
votes
1answer
853 views

If each miner has a different share difficulty in a PPS pool, how should I calculate and reward the relative effort of each?

For discussion purposes, suppose I have an ASIC miner, several GPUs and a CPU botnet all mining with different difficulties. When a share is returned to the pool, at what difficulty threshold should ...
1
vote
2answers
1k views

BTC/hashes/second rates for various pools

Do all pools have the same average BTC/hashes/second rates (for individual members of the pool)? For example, this profitability calculator says 4 Th/s hash rates will produce 0.04 BTC per day, yet I'...