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Unsure about transition from ETH pool to BTCP pool
Hello!
I'm a somewhat inexperienced miner, having only mined for a month via NiceHash and for a few days in a ZCash pool. I'd like to try my hand at ETH mining and I discovered your pools through the very positive recommendations found on CryptoCompare (it's also the only pool I know of that allows payouts of 0.01 ETH, which is a godsend since I mine with a single 1060 6GB).
I read the FAQ and I think I've got the hang of the PPLNS system more or less (yours is the only explanation that I managed to understand, actually, thank you!), but I'd like to ask a question: since I'd like to start mining ETH here but then switch, on March 1st, for a few days to your BTCP pool when the fork occurs (hopefully the official Electrum wallet will be made available by then), will the shares I submitted to the ETH pool in the previous days be counted towards the reward for the block, when it is discovered? The question arises from the fact that your ETH pool finds a block more or less every 2 weeks, so I fear that my shares might be related to calculations that do not lead to the completion of a block, which could instead occur later on.
I apologize if the question is silly! Thank you for your time!
Best regards,
jo91
Customer support service by UserEcho
The block could be found tomorrow, not in 2 weeks, or the block can be found in 4 weeks.... Expecting the block to be found in 2 weeks is where you are going wrong.
PPLNS uses the last N shares. Your shares will be part of the last N shares as long as the block is found within a certain amount of shares. If the block is found after that amount, then your shares will not count.
You could join the pool, and get shares, and multiple blocks could be found right away, in which case your shares would be counted more than once, since multiple blocks would count N shares back, and your shares would be part of those N shares. Or the opposite can happen, and a block isn't found, and your shares drop away.
So basically.... You can go mine... and your shares might count, or they might not count. But you will have mined and acquired some shares that will have a chance at being counted, whether you leave the pool for BTCP or not.
I understand. Thank you for the explanation!