Do I need to register an account to mine?
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.
How will I get paid?
Our pools operate using the PROP (Proportional) payment system. PROP stands for "Proportional", which distributes rewards based on the proportion of valid shares contributed by miners.
When will I get paid?
You won't see any balance in your account until a block
has been found by the pool and after the block has
reached a mature status. This may take a couple 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 cut of the block
reward will then be credited 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.
We are a small pool for the time being, and as such it
may take some time to find a block. On larger pools you
would see some balance earlier because they will find
blocks faster, but you will get a smaller share of the
reward than what you would in a smaller pool. Over time
you will earn more or less the same amount when mining
on a large pool or on a small one.
In other words, the rewards you get on average are
exactly proportional to your part in the total work done
by the pool. If you mine in a pool
twice as large, the pool will collect
twice as much rewards but your share in them will be
cut by half, meaning you get the same
on average.
Trustworthiness, reliability, support and low latency
are the things you should consider when choosing a pool.
By avoiding the largest pools you contribute to the
network health by spreading the hash power.