Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMS > Proof-Of-Key > 100% Dist. B4 Launch
by
akabane
on 24/05/2014, 07:44:31 UTC
How does the payout occurs at kHashier ? There is no exchange accepting CLAM yet.

kHashier.com uses a unique form of payout, which accrues shares over the entire time miners mine at the pool.

At the moment, shares are accruing and coins from found blocks are being automatically dumped to exchanges to yield BTC.

Once CLAMS is listed on an exchange, buy orders will be placed for clams.  

These clams will be distributed to the miners of the pool in direct proportion to the amount of "work" that miner has input into the pool.

Hope that is helpful Smiley

OK so an exchange is needed as soon as possible because I do not feel people will mine for days on a pool without any payout.

Otherwise I find the distribution idea quite original but it requires 2 important trusts:
1. You have not created tons of addresses for you before distribution
2. Exchanges and online wallets must cooperate in the distribution