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someone tells me what it means? I found 15 blocks? and my gain and 0.045 BTC?
I never understood this system
OK let me splain lucy...
First you are asking the question in the wrong thread.. because according to that picture your address is pointing to the regular nicehash pool not the SOLO pool
Nice/West Hash is more like a market place for you to sell your hash... look at the order page for SHA256... those are orders for TH/s ... they range all over the board.... I have seen people accidently pay .99 BTC per TH/s wich basically if you were lucky enough to be hashing away at the time and happened to be one of the lucky few that met the buyers quota then you could have made almost a full bitcoin in one day..
Normally you (the Seller of Hash rate ) are probably going to fall in the .010 range per TH/s so you make .01 Bitcoin per TH per Day.. about what a PPS pool would pay. some day you get more... if you keep renting your miner here you might find that your average pay ends up being .0107 BTC per TH per day.. that is .0007 BTC per day more than most standard PPS pool.
I should note that you can earn considerably less than the standard .01 btc per day .. if you look at the order page you see a ton of orders for .001 BTC per day.. basically if you kept your miner hashing at this rate you would be paying them to use your miner.. and it does happen due to network outages or Web Frontend maintenance causing other orders not to get initiated or refilled.
It is RARE but it can happen.
all that said.. these are your pay rates.. I don't care if your miner is lucky enough to find 10 blocks a day when you rent your hash power to someone at the current market rate, that is all you will get..
They rented your Hashpower so if your miner finds a block for the buyer .. then of course the Buyer gets the block reward.
you gave up those block rights when you rented your hashpower to someone else.
They took a risk and bought your power to see if they get lucky and find a block or are trying to generate some coin at another pool.
Also keep in mind the algorithm (in this case SHA256) can be used to mine a multitude of cryptocurrency coins or Altcoins so just because you have it in your head that you like to mine Bitcoin.. the renter of your miner might be using it to mine Namecoin or Terracoin or Zetacoin.. I dont know all the different ones, These Altcoins are not as difficult to mine as bitcoin and so the chances of actually solving a block are considerably better. the reward to the renter is more of these altcoins that they are trying to farm.
your miner does not distinguish between what type of coin.. it is just doing its job on the Algorithm that it was designed for.
if you want to mine bitcoin for yourself and I personally think more people should.. then point your miner to stratum+tcp://stratum.solo.nicehash.com:3334
when you do this you wont get paid at all for your hash power.. but if you actually do find a block then you will earn the full block reward minus the fee of .5% which is currently 25BTC or roughly $6400 dollars at today's price. you more than likely wont find anything.. but you cant win the lottery if you never buy a ticket.
the calculated amount of time it would take your miner at 480GHs is approximately 5100 days. But if your super lucky you could get one tonight. or tomorrow... or someday
oh my god this got too wordy too quick
