FAQFrequently Asked Questions for SoloPool.org

01. What is a SOLO mining pool?

Solo mining pool is a mining pool configured in such a way that each miner works independently of the others. The block reward goes to only the miner who found it, others do not get anything. Block search time depends on your hashrate and luck.

02. Why is my hashrate lower than in the mining software?

The minimum time for calculating the average hashrate on the pool is 30 minutes after the start. The pool calculates your hashrate based on shares received from you. This value can differ both up and down from the value in the mining software.

03. Can I change the minimum payment threshold?

No, we do not want to be responsible for the safety of your coins. The mining pool does not keep your coins more than required for confirmation and creation of payouts.

04. Why is my reward 0 after several hours of mining?

All our mining pools have reward system by found block, also known as SOLO. The miner receives a reward only if he finds a block. The miner does not receive a reward for shares or time spent.

05. What is personal luck?

Personal luck is a simple counter of your work in relation to difficulty of the network. If you find a block with a personal luck value equal to 100%, then the work you spent will be equal to the calculated one for various calculators. If you find a block with a personal luck value equal to 50%, then the work you spent will be 2 times less than the calculated on various calculators, you will get 2 times more profit.

06. Why personal luck can be 300% or more?

Mining is a complex computing process. You cannot always find blocks with the same luck value. You can find 9 blocks with a luck value of less than 20%, and find another block with a luck value of 700%. The average value of luck always tends to 100%. No one and nothing can affect this.

07. Why is the value of personal luck decreased?

The value of the current personal luck is calculated by the formula: luck = (spent work on finding the block) / (current network difficulty). If the network difficulty quickly grows 2 times, the value of personal luck will decrease 2 times. If the network difficulty quickly drops by 2 times, the value of personal luck will increase by 2 times. The value of personal luck is recorded at the time you find the block and is shown in the rewards section. The block search process starts anew, the value of the current personal luck is reset to 0%.

08. What is a proxies software?

The miners uses a special proxies software to filter shares. Proxies software submit only shares that solve the block, the other shares are deleted. The pool calculates hashrate and luck based on shares received from miners. But a miners using a proxies software does not send all shares to the pool. Therefore, the pool cannot calculate the real hashrate and luck of such a miners. The real hashrate of such a miners can be 100-1000 Gh/s (rentals from NiceHash). Using a proxies software does not provide additional profit. Miners use it to quietly mining on the pool and save traffic. And also, so that competitors could not determine where rentals from NiceHash is directed.