Arikado pool updates

in #gridcoin6 years ago

Stake finnaly appears. It takes 13 days with 36k GRC. So I decided to change rewarding algorithm.
From today, 2018-12-09 01:11:12 GMT+3, pool will use new rewarding algorithm instead of old rewarding algorithm.

Old algorithm

  • Wait for stake.
  • Distribute received amount between users.

New algorithm

  • Predict user reward based on his RAC and superblock info.
  • Distribute predicted amount on request (currently it's my request, but I'm going to do manual or threshold requests too).

Differences

  • Now payments is not linked to wallet stakes.
  • You can see your balance above menu and superblock project info.
  • Your balance updates every hour (every time, when pool collect contribution data from project). If project unavailable, you receive coins on next update.
  • If project not in superblock, you receive nothing for that period. And you will see warning about that after balance.
  • If you receive alternative currency, exchange rate is saved every project data update.
  • System is trying to calculate your contribution before stake arrives, there could be differences between results.

Notes

If you notice something strange, please write me via pool feedback or any contact. My contact is username sau412 on telegram, twitter, facebook, gmail, github, vk, gridcoin slack and discord.

Links

Gridcoin is an open source cryptocurrency (Ticker: GRC) which securely rewards volunteer computing performed upon the BOINC platform in a decentralized manner on top of proof of stake.

BOINC (Berkeley Open Infrastructure for Network Computing) is a distributed Internet platform launched beginning of 2002 and rewards participants with credits for performed work. BOINC is an application available for multiple Operating Systems and utilises the unused CPU and GPU cycles on computers to perform scientific work.

Coin Marketplace

STEEM 0.20
TRX 0.15
JST 0.030
BTC 64876.28
ETH 2650.41
USDT 1.00
SBD 2.81