Mining pool pay per share

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In the context of cryptocurrency mining, a mining pool is the pooling of resources by miners, Pay-per-Share. The Pay-per-Share (PPS). mining pools **pps**new dogecoin mining pool**pps** pay per share News, information, and discussions about cryptocurrencies, blockchains, technology, and events. Dear Pool Miner New PPS Pay per Share Pool DNOTES COIN (NOTE) Payments are made every 5 minutes! WE PAY 102% so Total Amount 24.225 NOTE (normal B.
Welcome to SiaMining! We're the first public mining pool for Sia. Pure Pay-Per-Share – Least possible variance and no penalty for orphaned blocks. 3% PPS fee. Learn which Bitcoin mining pools Bitcoin Mining Pool Payment Methods; Bitcoin mining pools are a or 'pay per share' shifts the risk to the mining pool while. In the context of cryptocurrency mining, a mining pool is the pooling of resources by miners, Pay-per-Share. The Pay-per-Share (PPS). mining pools **pps**new dogecoin mining pool**pps** pay per share News, information, and discussions about cryptocurrencies, blockchains, technology, and events. Dear Pool Miner New PPS Pay per Share Pool DNOTES COIN (NOTE) Payments are made every 5 minutes! WE PAY 102% so Total Amount 24.225 NOTE (normal B.

2016-11-14: Merge mining is temporarily disabled, only bitcoins are being mined at the current time.

This bitcoin merged mining pool allows you to merge mine for a number of different bitcoin-derived virtual currencies. The pool provides the Pay Per Share (PPS) method for the alternate merge mined coins and the Double Geometric Method bitcoin mining purchase a 1.5% fee for the bitcoin portion of the reward. Transaction fees in mined blocks are awarded to the miner that found the block.

Overview

  • Stratum protocol for mining mmpool.org:3333
  • Minxed DGM/PPS reward method
  • All transaction fees paid to miner that finds the block
  • No withdrawal fees
  • 1.5% fee for bitcoin rewards
  • Variable difficulty mining with automatic adjustment.
  • Merge mining mining pool pay per share Namecoin, Ixcoin, Devcoin, I0coin, Groupcoin, Unobtanium and Syscoin 2.0.
  • Simple registration, mining pool pay per share. Just provide your coin payout addresses for the coins you want to receive.
  • Access via TOR using hidden service phkttm64gbquasaq.onion.
  • Hashrate and block found monitoring available using bitmonitor.

Register

Register your alternate chain addresses to start mining.

How do I configure my miner?

bfgminer
Stratum: ./bfgminer -o stratum+tcp://mmpool.org:3333 -u myuserid -p anything
cgminer
Stratum: ./cgminer -o stratum+tcp://mmpool.org:3333 -u myuserid -p anything

User statistics and withdraw

Источник:




Pooled mining - Bitcoin Wiki

Dear Pool Miner New PPS Pay per Share Pool DNOTES COIN (NOTE) Payments are made every 5 minutes! WE PAY 102% so Total Amount 24.225 NOTE (normal B. Bitcoin Merge Mining Pool. mining pool allows you to merge mine for a number of different bitcoin-derived virtual currencies. The pool provides the Pay Per Share. Author: Topic: [Vertcoin] Pay Per Share Mining Pool - Get paid before round ends or block found (Read 544 times). Hi I am currently mining in the deepbit pool where i can choose between two types of work payout methods; proportional and pay-per-share. I am trying to understand. Pooled mining is a mining approach where multiple A share is awarded by the mining pool to the clients who present a valid proof of The Pay-per-Share. What is Multi-PPS (Pay Per Share)? up vote 2 down vote favorite. For example, if all mining was done in pools and every miner mined in every pool.

Bitcoin Merge Mining Pool. mining pool allows you to merge mine for a number of different bitcoin-derived virtual currencies. The pool provides the Pay Per Share. What is Multi-PPS (Pay Per Share)? up vote 2 down vote favorite. For example, if all mining was done in pools and every miner mined in every pool. Dear Pool Miner New PPS Pay per Share Pool DNOTES COIN (NOTE) Payments are made every 5 minutes! WE PAY 102% so Total Amount 24.225 NOTE (normal B.


In the context of cryptocurrency mining, a mining pool is the pooling of resources by miners, who share their processing power over a network, to split the reward equally, according to the amount of work they contributed to the probability of finding a block. A "share" is awarded to members of the mining pool who present a valid partial proof-of-work. Mining in pools began when the difficulty for mining increased to the point where it could take years for slower miners to generate a block. The solution to this problem was for miners to pool their resources so they could generate blocks more quickly and therefore receive a portion of the block reward on a consistent basis, rather than randomly once every few years.[1][2][3]

Mining pool methods[edit]

Mining pools may contain hundreds or thousands of miners using specialized protocols.[4] In all these schemes stands for a block reward minus pool fee and is a probability of finding a block in a share attempt (, where is current block difficulty). A pool can support "variable share difficulty" feature, which means that a miner can select the share target (the lower bound of share difficulty) on his own and change accordingly.

Pay-per-Share[edit]

The Pay-per-Share (PPS) approach offers an instant, guaranteed payout to a miner for his contribution to the probability that the pool finds a block. Miners are paid out from the pool's existing balance and can withdraw their payout immediately. This model allows for the least possible variance in payment for miners while also transferring much of the risk to the pool's operator.

Each share costs exactly the expected value of each hash attempt .

Proportional[edit]

Miners earn shares until the pool finds a block (the end of the mining round). After that each user gets reward , where is amount of his own shares, and is amount of all shares in this round. In other words, all shares are equal, but its cost is calculated only in the end of a round.

Bitcoin Pooled mining[edit]

Bitcoin Pooled mining (BPM), also known as "slush's system", due to its first use on a pool called "slush's pool', uses a system where older shares from the beginning of a block round are given less weight than more recent shares. This reduces the ability to cheat the mining pool system by switching pools during a round, to maximise profit.

Pay-per-last-N-shares[edit]

PPLNS method is similar to Proportional, but the miner's reward is calculated on a basis of N last shares, instead of all shares for the last round. Therefore, if the round was short enough all miners get more profit, and vice versa.

Geometric method[edit]

GM was invented by Meni Rosenfeld.[5] It is based on the same "score" idea, as Slush's method: the score granted for every new share, relatively to already existing score and the score of future shares, is always the same, thus there is no advantage to mining early or late in the round.

The method goes as follows:

Double Geometric method[edit]

Generalized version of Geometric and PPLNS methods.[5] It involves new parameter: ("cross-round leakage"). When this becomes the Geometric method. When this becomes a variant of PPLNS, with exponential decay instead of a step function.

  • Choose parameters , , and .
  • When the pool first starts running, initialize . For every worker , let be the worker’s score, and set .
  • Set . If at any point the difficulty or the parameters change, should be recalculated.
  • When worker submits a share, set (where is the block reward at the time it was submitted), and then .
  • If the share is a valid block, then also do the following for each worker : Give him a payout of , and then set .

Multipool mining[edit]

Multipools switch between different altcoins and constantly calculate which coin is at that moment the most profitable to mine. Two key factors are involved in the algorithm that calculates profitability, the blocktime and the price on the exchanges. To make sure you don’t need many different wallets for all possible minable coins, almost all multipools now automatically exchange the mined coin to a coin that is accepted in the mainstream (for example bitcoin).[6] Using this method, because the "most profitable" coins are being mined and then sold for the intended coin, you generally receive more coins in the intended currency than you would by mining that currency alone. This method also increases demand on the intended coin, which has the side effect of increasing or stabilizing the value of the intended coin.

See also[edit]

References[edit]

External links[edit]

Источник:

K means data mining Gold mining video games
History of mining industry How does mining bitcoins work
NVIDIA WINDOWS 10 MINING Mining 300 wow
MINING CLUB SIGNATUM 40

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