[BTC FPPS][EN/UA/RU] UKRPOOL.COM

[ukrpool]

https://ukrpool.com/

Greetings, dear miners!

We gathered all the best mining solutions in one ecosystem and are proud to present you the UKRPOOL! It is not just another mining pool, but an independent ecosystem for cryptocurrencies mining with top-level income that forms a highly profitable offer for you.

What does the UKRPOOL have today?

• BTC pool FPPS rewards
• Regular payouts
• Supports AsicBoost

Bitcoin

• Minimum withdrawal 0.01 BTC
• FPPS payment method

Last 24h profitability 0.00003942 BTC / T/ D
You will always find the up-to-date data on BTC per TH/S on the main page

For miners we offer:

• Transparent income system
• Convenient monitoring and ASIC control
• AsicBoost support
• No empty blocks
• Regular payouts
• Support 24/7
• Active community

Unique firmware from OKCARE 2.0

• Overclocking your miners, by increasing the hashrate.
• Device monitoring system.
• Reduces power consumption.

Get started:

Code:

EU Server #1 stratum+tcp://btc.ukrpool.com:555
EU Server #2 stratum+tcp://btc.ukrpool.com:666
EU Server #3 stratum+tcp://btc.ukrpool.com:888

Our contacts:
Official UKRPOOL website
Official UKRPOOL telegram chat @UKRPOOL
Official UKRPOOL telegram news channel @UKRPOOL_NEWS

Join the most profitable and technological pool!

[stsfi]

pool fees ?

[ukrpool]

pool fees ?

At the moment there is no fee. If we enter fee - we will inform all miners additionally

We are waiting for you

[Biffa]

FPPS - Full Pay Per Share. Similar to PPS，but not only divide regular block reward (12.5 BTC for now) but also some of the transaction fees. Calculate a standard transaction fee within a certain period and distribute it to miners according to their hash power contributions in the pool. It will increase the miners' earnings by sharing some of the transaction fees.

- From wiki.

[Steamtyme]

Unique firmware from OKCARE 2.0

• Overclocking your miners, by increasing the hashrate.
• Device monitoring system.
• Reduces power consumption.

Can you elaborate on this a little. I'm unaware of a way to boost a miners hashrate or reduce power;  simply by having it point to a particular pool.

Are you asking people to download firmware specific to their miners to achieve this before pointing to your pool?

No fees are nice for building a pool, does this include withdrawals? I mean to say does the pool pay the TX fee when sending out payments to the miners.

[stsfi]

At the moment there is no fee. If we enter fee - we will inform all miners additionally

We are waiting for you

hey since you are new i would suggest you to lower down the payout limit, i will point 10 miners and see how it goes and then add more !

can you please implement you website in English for some reason i see Russian.

[Steamtyme]

can you please implement you website in English for some reason i see Russian.

When I checked I had the option to change the site to English. You have to click on the flag in the top right corner, it drops down a couple of options with English being one of them.

[stsfi]

When I checked I had the option to change the site to English. You have to click on the flag in the top right corner, it drops down a couple of options with English being one of them.

not the email and otp we get, i had to translate whole email via copy pasting on google translate.

[ukrpool]

Can you elaborate on this a little. I'm unaware of a way to boost a miners hashrate or reduce power;  simply by having it point to a particular pool.

This is complex software and actually works with major pools (not only UKRPOOL). We simply have unique features to work with OKCARE. As you could see this is not a public software and all our miners have a chance to use all of its powers to gain more profit.

Are you asking people to download firmware specific to their miners to achieve this before pointing to your pool?

No, we are not.

No fees are nice for building a pool, does this include withdrawals? I mean to say does the pool pay the TX fee when sending out payments to the miners.

By the now, we pay withdrawals ... so you should hurry up to try our pool without any withdrawal fees

- From wiki.

You are absolutely right. We are talking about "PPS Fee" and "Other Fee" in terms of wiki comparison.

[Biffa]

You are absolutely right. We are talking about "PPS Fee" and "Other Fee" in terms of wiki comparison.

So can you clarify?

1. You give out 100% of the block reward to the miners, no fee comes off the 12.5BTC reward when a block is found using your pool?
2. How much of the transaction fees in the block reward (anything over 12.5BTC) do you share out to the miners vs how much you keep?

I think you have covered that currently you do not charge to send mining rewards across the network.

If the above is what is currently the situation, do you expect it to change? If so how and when?

Many thanks.

[kano]

Ah, OK, it's scam to get people to mine on your pool.

[ukrpool]

So can you clarify?

1. You give out 100% of the block reward to the miners, no fee comes off the 12.5BTC reward when a block is found using your pool?
2. How much of the transaction fees in the block reward (anything over 12.5BTC) do you share out to the miners vs how much you keep?

I think you have covered that currently you do not charge to send mining rewards across the network.

If the above is what is currently the situation, do you expect it to change? If so how and when?

Many thanks.

We are 100% classic FPPS pool in all meanings, according to https://en.bitcoin.it/wiki/Comparison_of_mining_pools.

[Biffa]

We are 100% classic FPPS pool in all meanings, according to https://en.bitcoin.it/wiki/Comparison_of_mining_pools

Exactly, that definition says that "some" of the transaction fees in the block reward are shared with the miners. I would like you to define exactly what % of that is shared with the miners and what % do you keep?

[kano]

Exactly, that definition says that "some" of the transaction fees in the block reward are shared with the miners. I would like you to define exactly what % of that is shared with the miners and what % do you keep?

... and to be specific, since other pools have shown up here, also making false claims about their payouts:

A 100% PPS pool effectively keeps the transaction fees and thus charges whatever the average txn fee currently is.
So far this year it's been anything from 1% to 3%

So an FPPS pool gives some of that 1% to 3% back to the miners.

This, however, leads to the issue we've seen with PPS/FPPS pools ignoring the risk to themselves, and of course to their miners, by not charging enough fees, to cover the fact that they do not have enough BTC to reduce the risk of going broke, and thus reduce the risk of not being able to pay it's miners.

This is not relevant to the size of the pool, since the only effect the size has is how long it can take to run out of BTC.
Smaller pools have higher variance due to the fact they are expected to find fewer blocks, so can take longer to go broke
However, pool size changes ...

See here:
https://bitcointalk.org/index.php?topic=104664.msg48795003#msg48795003
The fact that you are 'supposedly' paying FPPS dramatically increases the risk of going broke, or increases the amount of BTC you need to have.
Currently a 1% fee pools requires about 4317 BTC in their pool funds to have a 0.1% chance of going broke.

[ukrpool]

Exactly, that definition says that "some" of the transaction fees in the block reward are shared with the miners. I would like you to define exactly what % of that is shared with the miners and what % do you keep?

Exactly, that additionally means that FPPS pool (as any other pool) has transactions losses and as you may notice this expenditure item fluctuates all the time. This is why on the site you may see profitability prediction based on current mining stats and last history.

A 100% PPS pool effectively keeps the transaction fees and thus charges whatever the average txn fee currently is.
So far this year it's been anything from 1% to 3%

So an FPPS pool gives some of that 1% to 3% back to the miners.

1. UKRPOOL is NOT a PPS pool.
2. You could read about FPPS https://en.bitcoin.it/wiki/Comparison_of_mining_pools : Calculate a standard transaction fee within a certain period and distribute it to miners according to their hash power contributions in the pool. It will increase the miners' earnings by sharing some of the transaction fees.

[Steamtyme]

Yes, I'm pretty sure Kano gets the difference.  

What they are asking specifically is how much of the Miner rewards do you share with the miners.

Let's say your pool finds a block and it happens to be 12.9 BTC total. Ignore the block reward of 12.5.

How much of the .4 BTC does the pool keep and how much is distributed to the miners?

[ukrpool]

Yes, I'm pretty sure Kano gets the difference.  

What they are asking specifically is how much of the Miner rewards do you share with the miners.

Let's say your pool finds a block and it happens to be 12.9 BTC total. Ignore the block reward of 12.5.

How much of the .4 BTC does the pool keep and how much is distributed to the miners?

It depends on the current pool transactions expenditure according to the number of miners and their hash power contribution. Pool can't take money for transactions from the air, else it has a great chance to get broke as Kano said before.

[Steamtyme]

It depends on the current pool transactions expenditure according to the number of miners and their hash power contribution. Pool can't take money for transactions from the air, else it has a great chance to get broke as Kano said before.

Okay so to make this simpler, because you seem to be trying to hide this percentage behind the fact that there are unknowns involved in sending out rewards.

I just want to make sure nothing is getting lost in translation.

When you say "current pool transactions expenditure" - Do you mean the transaction fee to send payments out? If so this does not affect the reward distribution when a block is found. You should still be able to explain what % of the .4 BTC the pool keeps for profit, and what % the miners receive as their reward.

The transaction fee for payouts is a different issue. Some pools charge for withdrawals. Some cover the fee over a certain threshold. You can explain who covers those costs as well if you'd like. For now though most miners would want to know the breakdown of rewards. This is a big one especially if transaction fees skyrocket again, or your pool survives to the halving, where transaction fees become a larger percentage of total rewards.

[ukrpool]

You should still be able to explain what % of the .4 BTC the pool keeps for profit, and what % the miners receive as their reward...

I explained how the pool works as simple as I can, sorry If something not clear enough. I really like your way to make questions on examples So let's go from https://en.bitcoin.it/wiki theory to real-world practice: If you are talking about percentage then could you mention any other FPPS pool that perfectly and clear answer your question? Just for an example.

[kano]

I explained how the pool works as simple as I can, sorry If something not clear enough. I really like your way to make questions on examples So let's go from https://en.bitcoin.it/wiki theory to real-world practice: If you are talking about percentage then could you mention any other FPPS pool that perfectly and clear answer your question? Just for an example.

You must have code that calculates the % - so you do know what it is - so you are hiding it.