Bitcoin Forum
July 20, 2018, 06:17:27 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Payment in Mined Coins  (Read 844 times)
stevegee58
Legendary
*
Offline Offline

Activity: 918
Merit: 1003



View Profile
January 19, 2013, 08:24:51 PM
 #1

Besides p2pool and eligius (and solo), which pools pay directly in mined coins?

You are in a maze of twisty little passages, all alike.
1532110647
Hero Member
*
Offline Offline

Posts: 1532110647

View Profile Personal Message (Offline)

Ignore
1532110647
Reply with quote  #2

1532110647
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1532110647
Hero Member
*
Offline Offline

Posts: 1532110647

View Profile Personal Message (Offline)

Ignore
1532110647
Reply with quote  #2

1532110647
Report to moderator
1532110647
Hero Member
*
Offline Offline

Posts: 1532110647

View Profile Personal Message (Offline)

Ignore
1532110647
Reply with quote  #2

1532110647
Report to moderator
os2sam
Legendary
*
Offline Offline

Activity: 2464
Merit: 1001


Think for yourself


View Profile
January 20, 2013, 03:27:56 PM
 #2

Besides p2pool and eligius (and solo), which pools pay directly in mined coins?

Dunno.

But being paid at the threshold you set is one of the benefits of mining on a pool.  I don't want to be paid in really small BTC fractions.

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
juhakall
Sr. Member
****
Offline Offline

Activity: 577
Merit: 250



View Profile WWW
January 21, 2013, 07:48:57 AM
 #3

Besides p2pool and eligius (and solo), which pools pay directly in mined coins?

Dunno.

But being paid at the threshold you set is one of the benefits of mining on a pool.  I don't want to be paid in really small BTC fractions.

But Eligius does have a payment threshold. I only got coins generated to my address when I exceeded the threshold of 0.67 BTC. How does that work? It might be problematic with large thresholds, eg. in the extreme case that everyone has their threshold set to the block reward amount and start mining at the same time. At first, the pool wouldn't have any users who have exceeded their threshold, so they'd have to generate rewards to the pool's wallet. That can't be used for payments later, though. After users start hitting their thresholds, how can they be paid? Maybe such a system needs a small enough threshold to work in practice.

Elitehash PPS Pools: Bitcore, Gincoin, Raven
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!