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70 lines
3.4 KiB
70 lines
3.4 KiB
<?php |
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# |
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function dopayout($data, $user) |
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{ |
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$N = 5; |
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$t = "<span class=nn>$N</span>"; |
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$ot = "<span class=nn>1/$N</span>"; |
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$n = "<span class=nn>${N}Nd</span>"; |
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$n1 = '<span class=nn>N</span>'; |
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$n1d = '<span class=nn>Nd</span>'; |
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$bc = '+101 Confirms'; |
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$bm = 'Matured'; |
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$nd = 0; |
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if (isset($data['info']['currndiff'])) |
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$nd = $data['info']['currndiff']; |
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$nv = number_format($nd, 1); |
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$nvx = number_format($N*$nd, 1); |
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$pg = "<h1>Payouts</h1> |
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<table width=75% cellpadding=0 cellspacing=0 border=0><tr><td> |
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<span class=hdr>What payout method does the pool use?</span><br><br> |
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We use <b>PPL${n1}S</b> (<b>P</b>ay <b>P</b>er <b>L</b>ast $n1 <b>S</b>hares)<br><br> |
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<b>PPL${n1}S</b> means that when a block is found, the block reward is shared among the last $n1 shares that miners sent to the pool, up to when the block was found.<br> |
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The $n1 value the pool uses is $t times the network difficulty when the block is found - '$n'.<br><br> |
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<span class=hdr>How much of each block does the pool reward?</span><br><br> |
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Transaction fees are included in the miner reward.<br> |
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Pool fee is 0.9% of the total.<br><br> |
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<span class=hdr>How do the payments work?</span><br><br> |
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The $n means the pool rewards $t times the expected number of shares, each time a block is found.<br> |
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So each share will be paid approximately $ot of it's expected value, in each block it gets a reward,<br> |
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but each share is also expected, on average, to be rewarded $t times in blocks found after the share is submitted to the pool.<br> |
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i.e. if pool luck was always 100% then each share is expected to be rewarded $t times.<br><br> |
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If pool luck is better than 100%, then the average share reward will be better than $t times.<br> |
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If pool luck is lower than 100%, then the average share reward will be less than $t times.<br><br> |
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<span class=hdr>What's a shift?</span></br><br> |
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When your miner sends shares to the pool, the shares are not stored individually, but rather summarised into shifts.<br> |
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Shifts are ~50min or less in length.<br> |
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Aproximately every 30s, the pool generates new work and sends that to all the miners.<br> |
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The pool also sends new work every time a block is found on the Bitcoin network.<br> |
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A shift summarises all the shares submitted to the pool for 100 work changes.<br> |
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However, when we find pool blocks, the current shift ends at the work in which the block was found<br> |
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and a new shift starts.<br> |
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A ckpool restart will also end the current shift and start a new shift.<br> |
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A network difficulty change will also end the current shift and start a new shift.<br><br> |
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<span class=hdr>So, what's the $n value?</span><br><br> |
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The current Bitcoin network value for $n1d is $nv and thus $n is <b>$nvx</b><br> |
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Bitcoin adjusts the $n1d value every 2016 blocks, which is about every 2 weeks.<br><br> |
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When a block is found, the reward process counts back shifts until the total share difficulty included is $n.<br> |
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Since shares are summarised into shifts, it will include the full shift at the end of the range counting backwards,<br> |
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so it usually will be a bit more than $n.<br><br> |
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<span class=hdr>When are payments sent out?</span><br><br> |
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The block 'Status' must first reach '$bc' on the Blocks page, and then is flagged as '$bm', before the reward is distributed.<br> |
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The block reward is sent out manually soon after that.<br><br> |
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</td></tr></table>"; |
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return $pg; |
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} |
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# |
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function show_payout($info, $page, $menu, $name, $user) |
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{ |
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gopage($info, NULL, 'dopayout', $page, $menu, $name, $user); |
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} |
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# |
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?>
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