Do I need to register an account to mine?

Registration is not required. Simply configure your miner according to our instructions and start mining. Your first submitted share will automatically register you with our pool. Good luck!

Why is my reported hashrate zero or different from what my miner reports?

Pool and miner hash rates are recalculated every ten minutes. Therefore, it can take a maximum of ten minutes for your hash rate to update, depending on the submission time of your first valid share. The hash rate we display at the pool is a rough approximation of your hash rate based on your submitted shares and can therefore differ significantly from the hash rate displayed locally. When in doubt, always consider the value displayed by your miner as the correct one.

How will I get paid?

All of our mining pools use the PPLNS (Pay Per Last N Shares) payment system. This method ensures that your earnings are based on the number of shares you contribute over a period, rather than just one round. The image below illustrates how PPLNS works. Each round has a variable number of shares, determined by luck. While proportional reward systems only consider shares from one round, PPLNS uses a consistent number of shares (N) for reward calculations, which adjusts with the difficulty level.

 

Understanding Share Requirements for Solving Blocks

As you know, the number of shares required to solve a block within a round can vary. For instance, rounds one and three needed (difficulty * 2) shares to be solved. On the other hand, rounds two and four were quite short, requiring fewer than (difficulty * 2) shares. However, round five was a very long round, meaning the pool needed more than (difficulty * 2) shares to solve the block. This leads to the following conclusions:

• Rounds one and three function similarly to proportional rounds, where all of your shares from the respective round are taken into account for reward calculations.
• For rounds two and four, shares from the previous rounds are also included in the calculations (marked green). Essentially, we always consider the last (difficulty * 2) shares, regardless of round boundaries. Your share of the total number of shares is then used to determine your reward.
• Round five, however, is quite lengthy. In this round, your lowest shares (within the marked red section) are quietly discarded if they do not fall within the last (difficulty * 2) shares.

PPLNS and Pool Loyalty

PPLNS (Pay Per Last N Shares) favors consistent and loyal pool members over pool hoppers. Pool hoppers aim for a "quick win" by contributing low shares per round and then switching to another proportional pool that has recently started a new round. This strategy can yield better rewards for pool hoppers compared to occasional or constant miners who remain loyal to their pool. However, pool hopping requires knowledge of when a round starts and how many shares are considered for rewards, which is straightforward with proportional reward systems but not with PPLNS.

In long rounds (like round five mentioned earlier), the shares contributed by pool hoppers are not considered for reward calculations, benefiting loyal miners instead. This is because pool hoppers typically mine only at the beginning of rounds. In short and normal rounds, pool hoppers do not lose their shares, but since shares from previous rounds by loyal miners are counted multiple times (especially in extremely short rounds), pool hoppers receive fewer rewards compared to proportional reward systems.

Once blocks are found, payouts are processed and sent every 10 minutes automatically.

When will I get paid?

Your account balance will appear only after the pool finds a block and it matures. This may take a couple of hours, depending on the coin. As soon as a block can be considered 'mature' by the pool, your shares will be used to calculate your contribution towards finding the block. The more you've contributed, the higher your cut of the block reward will be. Your share of the block reward will be added to your pending balance. If your balance reaches or exceeds the pool's minimum payout amount, the pool will transfer your entire balance to your wallet and reset your pending balance to zero. The minimum payout for each pool is listed in its 'Pool Stats' area.

Currently, we are a small pool, which means it might take a bit longer to find a block. In larger pools, you might see your balance increase sooner because they find blocks more quickly. However, the reward you receive will be smaller compared to what you would earn in a smaller pool. Over time, the total rewards you earn will be roughly the same, whether you mine in a large pool or a small one.

In other words, the rewards you receive are directly proportional to your contribution to the total work done by the pool. If you mine in a pool that is twice as large, the pool will collect twice as many rewards, but your share will be halved, resulting in the same average earnings.

When choosing a pool, it's important to consider factors such as trustworthiness, reliability, support, and low latency. By opting for smaller pools, you help maintain the health of the network by distributing the hash power more evenly.

Support Bitcoin Mining: Donate to Secure the Future of Cryptocurrency

Bitcoin mining is the backbone of the Bitcoin network, ensuring the security and integrity of transactions. As the popularity of Bitcoin continues to rise, so does the need for robust mining operations. By donating to Bitcoin mining initiatives, you can play a crucial role in supporting the future of cryptocurrency.

Why Donate to Bitcoin Mining?

Enhance Network Security: Bitcoin mining involves solving complex mathematical problems to validate transactions. Your donations can help fund the necessary hardware and software to keep the network secure and resilient against attacks.

Promote Decentralization: Donations support smaller mining operations, preventing the centralization of mining power. This ensures that no single entity can control the Bitcoin network, maintaining its decentralized nature.

Support Innovation: Contributions can drive research and development in mining technology, leading to more efficient and environmentally friendly mining practices.

How to Donate

Donating to Bitcoin mining initiatives is simple and can be done in a few steps:

Choose a Reputable Mining Operation: Research and select a trustworthy mining operation or organization that aligns with your values.

Select Your Donation Method: Most mining operations accept donations in Bitcoin, but some may also accept other cryptocurrencies or fiat currencies.

Make Your Donation: Follow the instructions provided by the mining operation to complete your donation securely. You can donate to the following BTC wallet address:

bc1qt57atgl5m2cetv98xetmjp8zpnwarq8h6xw7cy

Conclusion

Your donations can make a significant impact on the future of Bitcoin mining. By supporting mining operations, you contribute to the security, decentralization, and innovation of the Bitcoin network. Join the movement and donate today to help secure the future of cryptocurrency.