How can I make sure I'm entered into the Giveaway?
Any miner is eligible to win the 50,000 DGB Giveaway! The only thing you need to do to enter is connect your miner(s) to any of our pools from today through January 10th, 2021. You can find our pool list Here. Your miners' wallet address must be captured somewhere between 10-10-2020 to 01-10-2021. We are taking daily snapshots of the database at random times. The guaranteed way to make sure that you are entered is to just point your miners at one of our pools and leave them there until at least January 10th 2021. No payments or donations are required to enter. If you have been told otherwise someone is trying to scam you. If you have any questions about the giveaway then please contact support.
How can I get more entries into the Giveaway?
Any miner that is in the Top 10 hashrate of our DigiByte-Scrypt or DigiByte-SHA256D pools when snapshots are taken will get DOUBLE entries into the contest. These entries stack. So if we take a snapshot on 11-5-2020 at 9:00am and then another snapshot at 11-15-2020 at 1:00am, and you are in the top 10 miners both times, you will earn 4 entries into the Giveaway.
How can I be certain this Giveaway is conducted fairly?
The winner will be selected during a Live-Stream broadcast. All miner wallet address snapshots that are taken from October 10th through January 10th, 2021 will be put into a spreadsheet and assigned a numeric value. As mentioned above, any address that is in the top 10 hashrate will be double-weighted for the purpose of the contest. A random number generator will be used to pick the winner. Your best chance of winning is to be in the top 10 hashrate but ANY miner could win the prize, even a single, low hash-rate miner could possibly win.
Will there be only one prize?
While there will be only one grand prize winner of 50,000 DGB, we are going to give out 10 or 15 other 2nd place prizes. These will be random drops of DGB coins anywhere from 25 to 1,000 coins. No additional entry is required, all miners will automatically qualify for the 2nd place coin drops.
Registration is not required. Just configure your miner according to the Connect page and start mining. Your first submitted share will automatically register you with our pool.
Your Pending Balance is not estimated. Therefore your pending balance will only change values when the pool finds a block. Once the block is confirmed, you will show a pending balance until payment processing runs. Once the pending balance is paid, it will reset back to zero again. It is not an estimation of rewards to be paid.
You won't see any balance in your account until a block has been found by the pool and after the block has reached a mature status. This may take a couple hours, depending on the coin. As soon as a block can be considered 'mature' by the pool, your shares will be used to calculate your contribution towards finding the block. The more you've contributed, the higher your cut of the block reward will be. Your cut of the block reward will then be credited to your pending balance. If your balance reaches or exceeds the pool's minimum payout amount, the pool will transfer your entire balance to your wallet and reset your pending balance to zero. The minimum payout for each pool is listed in its 'Pool Stats' area.
We are a small pool for the time being, and as such it may take some time to find a block. On larger pools you would see some balance earlier because they will find blocks faster, but you will get a smaller share of the reward than what you would in a smaller pool. Over time you will earn more or less the same amount when mining on a large pool or on a small one.
In other words, the rewards you get on average are exactly proportional to your part in the total work done by the pool. If you mine in a pool twice as large, the pool will collect twice as much rewards but your share in them will be cut by half, meaning you get the same on average.
Trustworthiness, reliability, support and low latency are the things you should consider when choosing a pool. By avoiding the largest pools you contribute to the network health by spreading the hash power.
Pool and miner hashrates are re-calculated every ten minutes. Therefore it can take a maximum of ten minutes for your hashrate to update depending on the submission time of your first valid share. The hashrate we display at the pool is a rough approximation of your hashrate based on your submitted shares and can therefore differ significantly from the hashrate displayed locally. When in doubt always consider the value displayed by your miner as the correct one.
The pools PPLNS payment scheme rewards loyal and semi-loyal miners. Pool hoppers won't make profit here and therefore won't take profit away from loyal pool members. Due to this payment scheme, your first couple of payments may be lower than expected. This is possible is the rounds are longer than the average round. This will stabilize after a couple of blocks. In other words, just wait a couple days (or blocks) and you'll start to see stable payments.
If you just pointed your miners to the pool then it will take about 10 minutes or so for them to show up. This is because the miner stats are updated every 10 minutes. So just give it a little bit of time and you'll see your miners and stats data start to show up on the Dashboard page.
Except for our SOLO pools, our pools utilize the PPLNS payment system. PPLNS is short for "Pay Per Last N Shares". The image below illustrates the system. One round has an arbitrary number of shares which is solely based on sheer luck. Proportional reward systems only consider shares of one round when calculating rewards. PPLNS however, uses a quite constant number N of shares for calculating rewards. This number N changes only with the difficulty:
As you know the number of shares needed to solve a block within a round is different. Round one and three needed (difficulty * 2) shares to be solved. Round two and four are quite short rounds. There were less than (difficulty * 2) shares necessary to solve them. Round five however is a very long round which means the pool needed more than (difficulty * 2) shares to solve the block. From this follows that:
- Rounds one and three are like proportional rounds. All of your shares from the given round are considered for reward calculations
- For rounds two and four, shares from the previous rounds are considered for calculations as well (marked green). In other words: regardless of round boundaries we always consider the last (difficulty * 2) shares. Your portion of the amount of shares is used to calculate your reward.
- Round five however is very long. In this round your lowermost shares (within the marked red part) are silently dropped if they are not within the last (difficulty * 2) shares.
PPLNS favors constant and/or occasional loyal pool members over pool hoppers. Pool hoppers are betting for a "quick win" (like round two above) with low shares per round. If the round exceeds a certain amount of shares they "hop" to another proportional pool which started a new round more recently. This assures better rewards for pool hoppers over occasional or constant miners which are loyal to their pool. Pool hopping however implies that pool hoppers need to know when a round is started and how much shares are considered for reward. This is very easy with proportional reward system. While using PPLNS, this is no longer true. On long rounds (like round five above) the pool hoppers shares won’t be considered for reward calculations in favor of loyal miners. This is due to the fact that pool hoppers only mine on the beginning of rounds. On short and normal rounds pool hoppers won’t lose their shares. Due to the fact that shares from previous rounds from loyal miners are considered twice (or even more often on extremely short rounds) the pool hopper won’t get the same reward as from proportional reward system.
Assuming blocks have been found, payouts are processed and sent twice daily, if you're over the minimum payout threshold for the coin you're mining. This information can be found on your coins "stats" page.