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Author Topic: miningpool.co Payout System, Discrepency  (Read 743 times)
ahmed_bodi
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August 17, 2013, 02:30:03 PM
 #1

The Pool says PPS/Pay Per Block on every page. These are 2 entirely different systems, PPS disregards confirmations and wether a block is found and pays a fixed amount per share. Pay Per Block is a Proportional System which pays an amount dependant on the total shares needed for the current block

So which is the actual payment system, and the above info should be rectified

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August 17, 2013, 02:47:04 PM
 #2

The pool pays per share of a block round.

So if the total shares for a block round is 1000 and you submitted 100 then you get 10% of that block.

A block round consists of all shares from the first share after the last block the pool found and the last share of the next block the pool finds.
 
I understood this to be a PPS system. Looks like I am wrong.

The pool actually uses a proportional system then:

Prop. - Proportional. When block is found, the reward is distributed among all workers proportionally to how much shares each of them has found.

Will change the website.

Thanks for pointing this out.
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August 17, 2013, 03:50:32 PM
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great no worries bro, didnt know where to post it or who the OP is as there isnt 1 central thread for the pools(as far as i could tell) you should make one or bump it if needed

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