Zpool web page says:
"Non-BTC payouts depend on that coin being mined as your BTC balance is traded internally by our system to your currency of choice."
Does that mean that if you mine an algo and reguest payout in a specific coin your coins are first exchanged in BTC and then BTC is converted to the specified coin? Or it applies only to different coins in the same algo?
Good question. The statement says it's done internally but doesn't say whether it's done in 2 stages. Analyzing the code
would answer that.
But, as Crackfoo said many, many times he's not a coder so it's over his head. That's why I suggested analyzing the logs.
That
is the job of the admin.
It's possible that coins get assigned initially a bigger value when they are placed at the exchange and then, when they are sold the value is adjusted to the real value.
i think this is exactly what happens.. the 'value' of coins are not based on block reward, its based on btc value..
so say you mine a 50 coin block and these coins were worth 58 sats.. the 'value' is recorded as this..
then they get sent to an exchange and the real sell value is 48 sats.. you lose those coins.. even if you were to be paid out straight across..
you can plainly see it in the source..
everything in this code, from the time the blocks get found to when they mature to when you get paid out is adjusted to btc value.
this pool is written to pay you in bitcoin.. you would probably make more if you just let it pay you in bitcoin and buy the coins of choice yourself.