FAQ

Do I have to register somewhere to start mining?

Registration is not required. Just 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 hashrates are re-calculated every ten minutes. Therefore it can take a maximum of ten minutes for your hashrate to update depending on the submission time of your first valid share. The hashrate we display at the pool is a rough approximation of your hashrate based on your submitted shares and can therefore differ significantly from the hashrate displayed locally. When in doubt always consider the value displayed by your miner as the correct one.

Payment Systems

We use the PPLNSBF (Pay Per Last N Shares with Block Finder) payout system.

What is PPLNSBF?

PPLNSBF stands for "Pay Per Last N Shares with Block Finder." It rewards miners based on the number of shares they contributed in the last N shares counted by the pool. The number N changes dynamically with the difficulty. This means that rewards are distributed proportionally based on miners' contributions within the last set of shares used to find a block. Additionally, after deducting fees from the block reward, the remaining amount is distributed to miners and the Block Finder. The Block Finder also receives a percentage of the block reward as an incentive for discovering the block.

How will I get paid?

With PPLNSBF:

  • Payments are processed hourly (not when a block matures)
  • Your share of mined block rewards accumulates in your pending balance
  • A payment to your wallet is triggered only when your balance reaches the minimum payout threshold set by the pool
  • If your balance is below the minimum threshold, it remains pending until the next payment period

Fees Structure

Our pool operates with the following fee structure:

  • 0.5% Pool Fee: This fee is deducted from each block reward to support the pool's infrastructure and maintenance.
  • 1.0% Support Fee: This fee contributes to customer support, technical assistance, and community engagement.
  • 1.5% Ops Fee: This fee is used to cover server costs, development, and ongoing operational expenses.

These fees ensure the sustainability and continued improvement of the pool while providing miners with a reliable and efficient mining environment.

Please note that these fees will automatically adjust based on the pool's revenue. The total fee percentage will vary between 0.5% and 3%, adjusting proportionally to the pool's performance and generated revenue.