0

is there any logic in how many shares you remove from an account when you get a payout?

Levsen 6 years ago updated by Stuggi 6 years ago 8

is there any logic in how many shares you remove from an account when you get a payout?

I’m curious as to the payment dates etc. 

Giving it a week and then I might jump ship. 

You get rewarded by every block according to the PPLNS system (https://coinfoundry.org/faq). This is to encourage people to stick with the pool instead of jumping between pools. You get paid when your "account" with the pool gets over a set limit, for ETH it's 0.01 ETH, for Monero it's 0.1 XMR, depends on the currency. Payouts are almost instantaneous when a new block is found and your block reward throws you over the limit. 

ive moved to another pool for Raven now. 4 days, 1.5 million shares and no payments.

+1

@kwiggins81

I'm not trying to sound facetious but you know you only get a payout when the pool finds a block right?

In addition, there is a minimum balance that you need to accumulate to before the pool will transfer the coin/crypto to your wallet address

6 days ago +0.15607 Reward for 201.89 T shares for block 5827456

and there were removed almost 500.00 T shares

6 days ago +0.15607 Reward for 201.89 T shares for block 5827456

and there were removed almost 500.00 T shares

is there coming an answer


The discrepancy between rewards per share and shares removed is probably due to the PPLNS system the pool uses, as payout isn't 1:1 with shares, on "fast" blocks your shares from previous blocks count as well, and on "slow" blocks only the last set of shares might be counted. See the link to FAQ I posted earlier.