BitFire a ZenCash Mining Pool now with a 'Credit' Based Loyalty reward system.

in #mining7 years ago (edited)

With extended moments of tireless thinking and brainstorming, we've released a new system for loyalty rewards within the Equihash community. This loyalty reward system is where miners collect up 'Credits' during the mining progress. The credits will build up based on time & shares that the miner has provided towards the mining pool. While the credits build up and the reward will be added to your payouts from the found block that has been mined. The ZEN Will be automatically paid out once the block has been matured during the process.

The rewards will come from the mined block, which will mean the PPLNS will be a little less in general. In the end you will earn a lot more ZEN because every one gets their share trough the credit system because at some point you will be paid out a lot more because you will be on top of the ladder. When you're on top of the ladder and have received your rewards your credits will be reset accordingly so you will have to build up again to reach the top again. Regardless of hashing power you are providing to the pool time depending so every one will reach up on top of the ladder eventually.

The Credit System is in live testing/experimenting and that it'll be watched closely and may be adjusted. Happy hashing!

Yours Faithfully,
BitFire Team
https://zen.bitfire.one/

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