Differences

This shows you the differences between two versions of the page.

--- poolinfo:rewards [2021/08/10 19:25] – vleesbanaan
+++ poolinfo:rewards [2023/11/29 12:39] (current) – added threshold inspect info vleesbanaan
@@ Line 1: / Line 1: @@
 ===== How are rewards distributed? =====
-We use a combination of PROP and PPLNS(24h)
+We distribute rewards based on PPLNS(24h) per block. We then batch the payments to a single daily transaction, which happens slightly after 19:00 PM UTC.
-==== PROP + PPLNS(24h) ====
+Our [[https://spacefarmers.io/blocks|blocks page]] lists all the blocks that have been found since pool inception, with corresponding pay-outs.
-Your total sum of points for a block is measured from block to block (PROP) unless the time between those blocks was less then 24 hours. In that case it uses the sum of points from the 24 hours window ending at the time the block was found (PPLNS24h).
+==== PPLNS(24h) ====
+Pay Per Last Number of Shares (PPLNS) means that the block reward (1.75 XCH) is split among our farmers, based on each farmer's collected points from the 24-hour window ending at the time the block was found..
-Under the current pool size (>1day block rewards) we believe that PROP is the most fair method, as each farmer gets rewarded proportional exactly to each point he contributed on the current block, and no points are discarded (as can happen under PPLNS). The PROP method in combination with instant pay-out means that both large and small farmers obtain a proportionally equal reward.
-As we experienced first hand during [[https://spacefarmers.io/blocks|blocks]] 3 and 4, a too small time window between blocks can however results in not all farmers delivering enough partials to properly proof their space. To counter this, we decided to switch to this combination of PROP and PPLNS.
+==== Multicoin Pay-out ====
+We have partnered with SimpleSwap.io to offer the option to receive your Chia farming rewards in a diverse range of cryptocurrencies, including but not limited to Bitcoin (BTC), Ethereum (ETH),Litecoin (LTC) and many others!
+To use this functionality, [[/poolinfo/dashboard/login_help|log in to your dashboard]], and navigate to the [[/poolinfo/dashboard/personalize|settings page]]. Here you will find the option to select your preferred pay-out coin. Is your prefered coin not on the list? Then please inform us, so that we can see if we can add it to the selection.
+=== Threshold ===
+Note that some coins have a minimum payout threshold, which is dictated by SimpleSwap. You can check the payout threshold by hovering over the swap symbol of the next payout batch in the payouts tab. If your threshold is not met in a given week before Sunday 19:00 PM UTC, your outstanding balance will be automatically paid out in XCH.
+You can review your pending payouts in your payouts tab. If a swap has been succesful, this is indicated with a green swap symbol. Additional information about the swap is provided if you click the symbol, including a link to your swap details on SimpleSwap. {{:poolinfo:swap_payout2.png?600|}}
-We'll be monitoring the situation which fee system works best going forward, whilst including our farmer community in the decision process whenever we can.