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Author Topic: What happens if I find a block in a pool?  (Read 1029 times)
muasktak10
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March 27, 2012, 10:10:18 PM
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If I find a block solo I get 50 BTC if I'm in a pool do I still get 50 - fees?

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Electricbees
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March 27, 2012, 10:12:33 PM
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If I find a block solo I get 50 BTC if I'm in a pool do I still get 50 - fees?
If you are mining solo, you receive 50BTC + Txn fees for the block.
If you are mining in a pool, the pool divides up the 50BTC among the miners at the pool. (In one of many ways which pays more to the workers who did more hashing.)
If you mine in a pool, and find a block, you have no way to claim all 50+BTC for yourself. It is always divided among the miners in some even fashion.

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March 27, 2012, 10:13:52 PM
 #3

If I find a block solo I get 50 BTC if I'm in a pool do I still get 50 - fees?
If you are mining solo, you receive 50BTC + Txn fees for the block.
If you are mining in a pool, the pool divides up the 50BTC among the miners at the pool. (In one of many ways which pays more to the workers who did more hashing.)
If you mine in a pool, and find a block, you have no way to claim all 50+BTC for yourself. It is always divided among the miners in some even fashion.

Miners "pool" the work and divvy up the rewards based on the amount of work contributed.

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DeathAndTaxes
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March 27, 2012, 10:44:11 PM
 #4

If that were the case there wouldn't be much reason for a pool would there.

The point of a pool is so that you get paid when you don't find a block (but someone else in the pool does).
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March 27, 2012, 11:13:30 PM
 #5

 I use a pool to get continuous get payout
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