Questions tagged [pool-payout-methods]

48 questions
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What is pool hopping?

What is pool hopping and how do pool hoppers affect other miners? Are there ways to prevent it?
23
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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 of feature?
Patoshi パトシ
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19
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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 calculator). Is it more profitable for him to solo mine…
nmat
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18
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3 answers

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 minutes after leaving the pool (due to shutdown…
mbx
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17
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5 answers

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 still retain users when a cheaper alternative…
ripper234
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16
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3 answers

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 contributed processing power. Pooled mining effectively…
15
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6 answers

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 they will get paid less because big miners take a…
Dr.Haribo
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14
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1 answer

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?
ThePiachu
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11
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2 answers

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 to his work?
ripper234
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10
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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?
ThePiachu
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8
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What does PPS mean/stand for?

On many mining pools/bonds I see things listed as 105% PPS / 110% PPS weekly payout. What does PPS actually mean?
user1303
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7
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1 answer

When a mining pool pays out to the workers, why does it not just cache the transaction and then pay zero fees on its next successful block?

If you had a mining pool that was generating a few blocks per week, then why not just cache all the payout transactions (if the clients were happy to do this) and then just put them in the next successful block it mines - thus saving on transaction…
7
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2 answers

How much is a mining pool share worth on average?

I know that mining pool shares have no value on their own, but it should be possible to find an average value based on the pool's average payout per share. This site describes the expected payout per share as ([block reward] - [pool operator's cut])…
7
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1 answer

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?
Sean Chapman
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7
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2 answers

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 claim that SMPPS pools should not be considered…
David Schwartz
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