Fees and payouts
A flat 1% fee and PPLNS rewards. This page also lists what to expect during the public beta.
Pool fee
1%
Payout scheme
PPLNS
Pool fee
LuxxPool keeps 1% of block rewards. Accounts are free and there is no withdrawal request to make.
- Does the 1% apply to every merged-mined coin? [OWNER CONFIRM]
- Who pays the network transaction fee on payouts? [OWNER CONFIRM]
How PPLNS works
PPLNS means Pay Per Last N Shares. When the pool finds a block, the reward is split among the miners who submitted the most recent shares, in proportion to the work each contributed. You are paid for blocks the pool actually finds, so earnings rise and fall with pool luck, and steady mining is rewarded over hopping in and out.
Size of the share window (N): [OWNER CONFIRM]
What you are paid
For each coin, you receive your pro-rata PPLNS share of the blocks the pool actually found on that coin, paid in that coin to the payout address in your account. Litecoin is paid in LTC, Dogecoin in DOGE, and so on. There is no exchange and no auto-convert: the pool never swaps one coin for another.
No address = forfeited
If you have no payout address set for a coin at the moment your share of a block on that coin is credited, that share is forfeited to the pool's unclaimed-coins wallet. It does not accrue, and it is not paid later.
Adding an address only applies to blocks found after you add it. Set a payout address for every coin in Account settings before you start mining.
You can change any payout address at any time. Entering the right address is your responsibility: coins paid to a wrong address cannot be recovered.
Maturity
A new block's reward is immature until the block reaches that coin's maturity confirmations. It then moves to your unpaid balance. If the network orphans the block, the reward is removed. Maturity for each coin is listed on the coins page.
Payout thresholds
Each coin has its own minimum payout. When your unpaid balance for a coin reaches the threshold, it is included in the next payout run. Current thresholds are in the coins table. [OWNER CONFIRM: final thresholds per coin]
Payout schedule
How often payouts run: [OWNER CONFIRM: payout schedule, for example every N hours or once a day at a set time UTC]
Balances below the threshold: [OWNER CONFIRM: policy for small balances, including when a miner stops mining]
Beta limitations
LuxxPool is in public beta. Please read these before pointing significant hashrate at the pool. [OWNER CONFIRM: review every item in this list]
- The service may be interrupted or restarted without notice.
- Hostnames, ports, fees, thresholds and the payout schedule may change during the beta.
- Some coins are still in testing or planned. Only coins marked live on the coins page are mined and paid as described here.
- Statistics shown on this site may be delayed, corrected or reset.
- Mining rewards depend on luck and network conditions. No earnings are guaranteed.
Questions about a payout? Contact us with your Litecoin mining address and the coin concerned.