Post
Topic
Board Pools
Re: [ANN] solo.ckpool.org 0.5% fee anonymous solo bitcoin mining for everyone
by
jonnybravo0311
on 08/09/2014, 20:14:21 UTC
I won't continue, since there are a number of threads dedicated to explaining payout schemes, but I will conclude with this: nobody is going to create a pool that rewards the full 25BTC to the miner who finds the block, and also rewards every other miner for the work they've done.
i appreciate your time in explaining and will do some digging to satisfy my ignorance, suffice to say, the crux of my ignorance seems to lie squarely in the manner in which a pool dishes out work. So I have a clean session of google to embark on my research. thanks again for the time.
Let me give you a scenario.  I go and create this type of pool, and have 2 miners connected to it.  After a while the first block is found by miner 1.  Both miners have been submitting work equally.  I have 25BTC to give out.  Who gets it?  If I pay miner 1 the full 25BTC for finding the block, I don't have anything left to pay miner 2.  If I pay both miner 1 and miner 2 for the work they've done, I don't have the 25BTC to give to miner 1 for finding the block.  Make sense?