Feathercoin daemon and wallet production version 0.17.0.1

Must you be mining when a block is found to have your shares included?


  • | Tip jalthage

    I’ve had my rig going for the last day mostly to test, and now I need to power down and install some updates. Will I lose all of my hard work if I do? I’ve read that on some pools you’ll lose any shares contributed if the block is solved if you’re not currently mining.
    Thanks


  • Moderators | Tip Wellenreiter

    As you stated correctly, that is depending on the pool.

    Basically you are payed based on the percentage of hashes you provided to find the current block.
    This is called PPS (pay per share) Most pools have slightly different schemes, for example to honor long term miners.
    An example is PPLNS (Pay per last N shares)
    Give- Me-coins is using that schema: http://give-me-coins.com/support/faq/what-is-pplns/

    There are a few other payout schema.
    You need to check the payout schema for your pool on the pools web page.
    If you are using a p2pool, the payout is based on the shares you provided compared to the overall number shares needed to find the block, and that you have mined in the last xxx minutes before the block has been found., basically your minier/your wallet address must still be in the list of connected miners on the pools web page.


  • Team Infrastructure | Tip ChekaZ

    @wellenreiter said in Must you be mining when a block is found to have your shares included?:

    As you stated correctly, that is depending on the pool.

    Basically you are payed based on the percentage of hashes you provided to find the current block.
    This is called PPS (pay per share) Most pools have slightly different schemes, for example to honor long term miners.
    An example is PPLNS (Pay per last N shares)
    Give- Me-coins is using that schema: http://give-me-coins.com/support/faq/what-is-pplns/

    There are a few other payout schema.
    You need to check the payout schema for your pool on the pools web page.
    If you are using a p2pool, the payout is based on the shares you provided compared to the overall number shares needed to find the block, and that you have mined in the last xxx minutes before the block has been found., basically your minier/your wallet address must still be in the list of connected miners on the pools web page.

    I have to correct you here. - PPS is pay-per-share, so the pool pays you for your shares directly, there is an average how many shares are needed for each block~ even if the pool doesnt find a block, the miners will be paid, so its a risk schema for the pool to run this mode, thats why most dont do it. What you meant is PROP, thats what most pools are running, you get an proportional share towards your contribution to the block. PPLNS is as you stated for the last N shares submitted to the block.

    So to come back to the question, you wont lose any shares that you have contributed if you mine in a pool that finds frequently blocks.


  • | Tip jalthage

    Great thanks guys!