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This is a random question but how does the rise and fall of BTC price affect what we get paid for the ALT coins we mine on zpool. Do we get paid less or more for mining when the BTC value drops?
You are paid the same amount in BTC but it is worth less $ because of the BTC price.
I think he means something like this...
Day 1 - you mine 1000 ABCs, converts to ~0.5mBTC, and at that time BTC is worth $10k
Day 2 - you mine 1000 ABCs, converts to ~1.0mBTC, and this time BTC is worth $5k (assuming the mined coin stayed the same value compared to BTC)
Day 3 - you mine 1000 ABCs, mine's ~0.5mBTC, and BTC dropped and is worth $10k again.....
The question is, after the third day will he get credited for 2.0mBTC (assuming it'll let you cash out at 2.0mBTC), or will all the credits adjust to the cash out time - which means, it looks at the value of 3000 ABCs during cash out which really equals 1.5mBTC.
Is it 2.0 or 1.5 mBTC?
Yes something along that line I just would like to understand how the exchange rate for ALT coins affects the amount of BTC earned works. I understand that the value of the BTC in my zpool changes just wanting to know if the amount of BTC earned each day can change according the exchange rate...
Right. We're asking the same thing. At the end of the day(s) will it be 2.0 or 1.5? When I get "credited" the amount in BTC in my account, if the value drops or skyrockets, does the amount credited previously get adjusted - or is it snapshotted/guaranteed at the original time it was credited?
