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?

All of our pools utilize the PROP payment system. PROP is short for "Proportional". The proportional reward system distributes rewards based on the number of shares you have submitted during a round. Each time a block is found, the pool looks at all the shares submitted since the last block and rewards miners proportionally based on the number of shares they submitted.

 

In the proportional system:

• All shares submitted during a round are considered for reward calculations. This means the more shares you submit during a round, the higher your reward will be when a block is found.
• The pool calculates your reward by dividing the total reward by the total number of shares submitted and then multiplying by the number of shares you submitted. This ensures that everyone gets a fair share based on their contribution.

PROP favors consistent miners who contribute a steady number of shares over time. Unlike other systems, such as PPLNS, where only a certain number of shares are considered, PROP includes all shares from the entire round.

Assuming blocks have been found, payouts are processed and sent every 10 minutes. This process is fully automated.

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 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 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 many 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.