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Author Topic: Mining with a bigger, group hashrate  (Read 2649 times)
kano (OP)
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October 28, 2015, 12:17:34 PM
 #1

Just thought I'd mention, since probably no one knows this:
On my pool I allow a payout distribution on an account if you have a sizeable hashrate.

If you have something in the ballpark of 50-100THs or more, and request it, I can enable on your account the ability to payout to multiple addresses.
The person who manages the account can set the payout ratio to each payout address on the account.
Of course I set a limit on the number of addresses (depending on your mining power) so that payouts aren't sending dust to everyone due to dividing up the reward each block too many times.

e.g. if someone was mining with 100THs, they could have a few addresses which would each receive a specific proportion of the reward each block.
You control the list of addresses and the proportions from the account.
The rewards are generated based on the (exact) time a block is found and distributed based on the account settings at that time.

One of the big long term miners on my pool has used this since they started mining.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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MCHouston
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October 28, 2015, 10:07:17 PM
 #2

This is a very nice feature.  Thanks for the info.

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