PowerPool Solo

Where the reward goes.

Solo mining. The full block reward goes to the miner that finds the block, paid directly to the wallet address used as the worker name in the coinbase transaction of that block. The pool takes 1% of the block reward via the coinbase; the remaining 99% is paid to the miner address. The pool never takes custody of funds and there is no withdrawal process. Team mining is also supported: members share a teamID, and when any member finds a block the coinbase splits across the team in that same transaction. Splits can be set to equal shares between members active in the last hour, or proportional to accepted work over the last 24 hours.

When you get paid

Payment happens in the coinbase transaction of a block at the moment that block is found, and becomes spendable once the coinbase matures on the relevant chain. There is no payout schedule, no minimum threshold and no withdrawal step, because the pool never holds the funds. Nothing is paid for shares submitted without a block being found. The dashboard updates hashrate, shares, best difficulty and block finds every 2.5 seconds.

Read before connecting.

Solo mining is high variance: a miner earns nothing until it finds a block, and small hashrate may go long periods without one. Because no registration is required, there is no account and no password recovery; the payout address is whatever address is supplied as the worker name, so an incorrect address cannot be corrected after a block is found. For team mining, the teamID functions as a password and anyone holding it can join the team and share in its blocks. The 1% fee is deducted inside the coinbase rather than billed separately.