FAQFrequently Asked Questions for SoloPool.org
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.
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.
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.
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.
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%.
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.
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.
Payouts are sent at a set interval, usually every 60 minutes. The balance for several blocks can be paid in one payout if these blocks have been confirmed during this interval.
The number of shares is displayed for the last 6 hours. Your miner shows the amount for all time. The pool is only for the last 6 hours from now. The pool does not store values for more than 6 hours.
The share difficulty of port is the minimum threshold value of the solution (share) that the pool is ready to accept from the miner. The miner's software gets the share difficulty of port and generates solutions (shares) for the pool with a difficulty not lower than the share difficulty value. To solve a block, a miner needs to find a solution (share) with a difficulty higher than the current blockchain difficulty. The share difficulty of ports on our pools is lower than the current blockchain difficulty. Any solution (share) on any port can solve a block. Therefore, the choice of the port does not affect the search of block. The choice of the port only affects the load of your equipment and traffic, as well as the charts of your statistics on the pool. In most cases, we recommend port 80xx for mining.
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.