List of Mining Pools¶
Below is a list of mining pools, which you can use with your miner. Be sure to use the one closest to you!
|Name||Domain||Fees and Method||Minimum Payout||Location||Notes|
|DERO||pool.dero.live||0.5%, Proportional||2 DERO||Netherlands||Official Pool|
|DERO CoolMining Club||dero.coolmining.club||1%, PPLNS||1 DERO||France||-|
|DERO - CryptoKnight||cryptoknight.cc/dero/||0%||0.1 DERO||Germany||Seems to be very shady|
|Dero Crypto Pool||dero.cryptopool.space||0%, PPLNS||0.3 DERO,
Default: 1 DERO(sign up to reduce)
|Dallas, St. Ghislain (Belgium), Tokyo, Silicon Valley / USA||Supports XMRIG-Proxy|
|Dero EasyHash||dero.easyhash.pro||0.1%, Proportional||2 DERO||Vietnam||No HTTPS|
|Dero Europools||dero.europools.tk||0.5%, Proportional||2 DERO||France||-|
|Dero Hash Vault||dero.hashvault.pro||0.9%, PPLNS||2 DERO||France||-|
|Dero Miner Ink||dero.miner.ink:6080/old/||0.5% , Proportional||10 DERO||China||-|
|Dero Spacepools||dero.spacepools.org||0.1%, Proportional||1 DERO||Kansas||-|
|Electromine - DERO||dero.electromine.net||0.5%, Proportional||1 DERO||Multi-Regional(US, Belgium, Singapore)||-|
|Miner Rocks!||dero.miner.rocks||0.4%, Proportional||1 DERO||France||-|
|Monerise||monerise.com||0.1%, PPLNS||2 DERO||California||***TEMPORARILY OFFLINE ***|
Definition of Method¶
A proportional pool carries no risk to the pool operator as miners are simply paid out when a block is found. No blocks, no payout! With a proportional pool the risk is all on the miners if it takes longer than expected to find a block then the miners earn less. On the flip side, if the pool is lucky (they will all average out the same eventually) the miners get more.
A block is found after 100,000 shares
You submitted 1,000 of those shares (you have 1% of the pools total hash power)
There’s 200 DERO per block
Quite simply you will get 1% of the block = 2 DERO.
Now if the pool has a bad round (a round is the time taken to find a block) and it takes 200,000 shares to find a block (twice as long) and you have submitted 2,000 shares (as you’ve been mining twice as long), you still only get 1% of the block = 2 DERO
This can also work in the miners favour too, as if it takes half the time (50,000 shares) to find a block and you submitted only 500 shares - again 1% - 2 DERO.
Basically, you always get you percentage of the block and you win/lose depending on the “luck” of the pool.
PPLNS (Pay Per Last n Shares)¶
PPLNS does not pay out per block found, rather it pays based on the number of shares you last submitted, and helps to dissuade pool hoppers.
How it works is, you start mining with a PPLNS pool. Rather than paying you out based on the no. of shares you submitted since you started mining/the last block was found, it will pay depending on how many shares you submitted in a period of time, called the window, which is an estimate of the time in which the pool in question finds a block. So, after you start mining, it will take a few hours for you to earn your normal earnings - and since the effect of pool hoppers is lessened, you may comparatively more than other methods.
Basically, you get paid based on
no. of shares you submitted
how long you have been mining.
The drawbacks to a prop pool are that there is often a fee although some pool ops rely on donations only and you will have to bear the variance of the block times and luck unlike a PPS pool. Also they are susceptible to “pool hoppers” where PPLNS pools are not.
Definition of Fees¶
Rather simple; the pool operator will take a percentage of the reward of the block found for himself.
the fee is 1%
the block reward is 30 DERO
30 x 1% = 0.3
Therefore, the pool operator will take 0.3 DERO for himself.
thanks to Mojo for helping out with the information