K1POOL.COM pool supports 4 reward systems:
Reward system we developed to protect the pool from poolhoppers (those miners who jump on "green blocks" between pools) and to encourage regular miners.
How it works: 100% of the reward is shared between SCORE (60%), PPLNS (30%) and PROPDIF (10%) rewards distribution systems:
🔹SCORE: distribution of the reward by the coefficient, which is calculated from miners' hashrate for last 24 hours and its stability (the fewer "hills", the higher the score - the better). Stability calculates from Mathematical Expectation and Unbiased sample variance
🔹PPLNS: the distribution of the reward is made according to the miner's share in the last N shares of the pool
🔹PROPDIF: distribution of the reward for the shares miner submitted in proportion to all shares submitted during each round (the time between one block found by the pool and the next) with network difficulty coefficient
Thus, we have solved the problem of unscrupulous miners (who jump between pools) - they will now receive less. As well as miners with a small hashrate, who have not received a reward from fast blocks before (they simply did not have time to send a single share) - they will now receive their reward!
"Round-Based Pay Per Share" - RBPPS. Each submitted share is worth a certain amount of "DiffSharePart" = "Port Difficulty" / "Network Difficulty". When a block is found, the reward is distributed among all workers proportionally to how many "DiffSharePart" each of them has in database. If a found block gets orphaned, earnings relative to it are not paid but saved for next block.
"Pay Per Last N Shares" - PPLNS. This system is used to prevent "pool hopping". Pool checks how many shares you've sent from the last N shares of the pool and makes the payouts based on that value. Mining pools get solutions from all the connected miners, and if one of those numerous solutions appears to be a proper one, the pool gets a reward for the created block. This reward is shared proportionally to the efforts applied by the miners and forwarded to their wallets.
N value is 20000.
The SOLO reward system is a type of cryptocurrency mining while using your own (or leased) hardware but without any help from other miners. If a miner finds a block, the full reward goes to his wallet. If you find a solution for a block — you get the coins if you don’t — you get nothing.