What does PPS, FPPS and PPLNS mean?
PPS (Pay per Share) - payment is made for each share, i.e. each pool member receives a fixed fee for the share accepted by the pool. The calculation of the final reward also takes into account the current block reward and the difficulty of the network. Suitable for those who value stable fixed charges.
FPPS (Full Pay per Share) - the method allows miners to receive a share in the form of transaction fees. The fee is calculated for a certain period, added to the block reward, and then distributed among the miners in accordance with the PPS model described above.
PPLNS (Pay Per Last N Shares) - payment is made for the last N share. Our pool uses the following accrual method: after finding the block, the balls of all users are selected for X rounds (2 for LTC, 4 for DOGE), where a round is the theoretical number of balls required to find the block of the current difficulty.
The reward for a specific user is calculated using the formula: N(user) / N(pool) * BlockReward.
Advantages and disadvantages of PPLNS: if the block is longer than X rounds, you may lose part of the ball, but on the other hand, if the blocks are located faster than 1 round, you get an increased reward. This method allows you to get the highest profitability, however, to obtain it, you need to be patient and not change the production scheme for at least a month.
SOLO mining is an individual mining of cryptocurrencies on your own equipment, without the assistance of other miners, in which a reward for finding a block is accrued entirely to one participant.
What is the fee on your pool?
At the moment we have the following commissions:
BTC: FPPS - 1%;
LTC: PPLNS, PPS, SOLO - 1%;
DOGE: PPLNS, PPS - 1%, SOLO - 0%;
We also note that for every LTC mined, we give you 1600 DOGE!
Do you have your own firmware?
Yes, we have firmware for the Asic miners L3, T9 and S9 series, as well as for T17 and S17.
Firmware is constantly updated and available on the site - https://sigmaboost.com/
Does your pool support NiceHash? How do I connect a hashrate to you?
Yes, it does! To connect capacities you need to set the complexity settings in your NiceHash account. You can find the actual values at this link - https://www.nicehash.com/pool-operators. The values must be entered in the connection parameters, where the name of the worker is specified, in the password field, this line: md = 500000, d = 500000 (an example for Bitcoin \ BSV is SHA256).
We also note that our pool is fully compatible with Mining Rig Rentals services.
How do I know how much I can earn?
On the main page of our pool, under the charts with a common hashrate for each coin, there is a yield calculator. You can calculate the approximate profitability in it. Please note that the calculator does not include the cost of electricity.
How to configure payouts from pool to the wallet?
To do this, go to your Personal Account, then to the Settings section, and there, set the address of your wallet for payments. Note that after installing a new wallet, at least 72 hours must pass before the first payment. This rule is established for your safety, so that in the event of an account hacking, an attacker could not withdraw your funds.
What will happen if I will not specify wallet for payouts in settings?
Your balance will start increasing according to the amount of assessments. As soon as you set up your payout address, system will automatically transfer all the funds to your wallet. During collection of new assessments, auto-payouts will also be working. You may remove payout address at any time to prevent funds withdrawal from your account. During setting up wallet address, it is checked for validity, so funds are protected from being sent to non-existent address.
Do you have a referral program?
Why do I have so many Discarded Shares?
Discarded shares is a meaningless stat unless you are using getwork (and even then it only matters to the pool operator, not the miner). It is an absolutely useless stat on GBT and Stratum. Discards are not rejects, they are not even shares. It means that your software had work prepared to hash but instead it discarded it in favor of newer/fresher work. You are not wasting any hashes when your miner discards work.
Can I get payouts in different currency?
Integration with ShapeShift is planned for the near future. After that you will be able to get payouts in most comfortable currency for you.
Does your pool support AsicBoost?
Yes, it does. Furthermore, you can get the full advantage of AsicBoost by using our own firmware, SigmaBoost - https://sigmaboost.com/
What is the minimum withdrawal threshold?
BTC - 0.002 BTC
LTC - 0.01 LTC
DOGE – 250 DOGE
When do payouts occur?
Payments on the pool are made once a day, every day, between 9: 00-12: 00 (UTC).
The payment algorithm is as follows: every day at 00:00 (UTC) the system checks the entire base of accounts for a threshold set. If you have reached the threshold, the system includes your account in the list for the next payment. If you have already collected the threshold after being checked by the system, then the payment will not work that day. You will need to wait for the next check at midnight, where the system will already include your account in the payout list. And so in a circle.
Why didn’t my payout address change after I entered it?
Change of payout address and payout threshold need to be confirmed by clicking a link that is sent to your email. This works as additional lay of protection. Even if malicious user gets access to your account, he will not be able to change payout address so easily.
How long does it take for workers to appear on the website after connecting?
Workers might take up to 15 minutes to appear on the website after connecting them. If you are certain that everything is set up correctly in miner settings, but workers did not appear - contact our technical support.
I have a problem with pool/firmware/mobile app! What shall I do?
Our support specialists are here to help you 24/7. You can contact us by:
- sending an e-mail to [email protected];
- use our telegram-bot @SigmaPool_Support_bot;
- or by using our online web-form.
Where can I follow the news?
With our Telegram chat you can always get the latest news to discuss with our team and community at @Sigmapool_EN