Rewards and Payouts
The payout system used in Mining4Pros pool uses the reward system "Pay Per Last N Shares" - PPLNS. This system checks how many shares you've sent from the last N shares of the pool and makes payouts based on the value. Your share in each round is shown on your personal statistic site.
Payouts are processed automatically every hour. To get the payout you need to reach the minimum amount in each pool. The minimum payout value is shown on the main page of each pool. It is not possible to manually change this value. Any rewards accumulated by a given address may only be paid to that particular address.
Every block found by the pool needs to be confirmed before the pool is rewarded. For that process we wait a defined number of follow up blocks (120 for ETH for example). After the block is confirmed we move the balance to unpaid balance.
How to Set Up ASIC devices
First you have to find your miner ip in your local network and then enter the browser interface by typing that address in your browser.
Default Login for Innosilicon A10 and A11:
user: admin
password: admin
Now you had to Settings > Pools:
URL: stratum+tcp://mining4pros.com:3092
Worker: YOUR_ETH_WALLET_ADDRESS.ASIC_Workername
Password: x
First you have to find your miner ip in your local network and then enter the browser interface by typing that address in your browser.
Default Login for Antminers:
user: root
password: root
Now you had to Miner Configuration:
URL: stratum+tcp://mining4pros.com:3082
Worker: YOUR_ZEC_WALLET_ADDRESS.ASIC_Workername
Password: x
How does Mining4pros mining pool work?
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.
A block is a record of all transactions in a given time frame. New transactions are being processed by miners into new blocks which are added to the end of the blockchain.
A share is a possible solution for an upcoming block.
Share difficulty is the value at which we accept the incoming shares. Compared to the Network difficulty, which is the value at which the Ethereum network accepts your share as a valid solution for the next block.
1.) You can use an online tool like https://2cryptocalc.com.
2.) You can use this equation: (Your_Hashrate / Network_Hashrate) * Network Blocks last 24 h * Currency Price.
This will output the value you can expect in $ for 24h time frame.
Mining is probabilistic in nature, if you find a block earlier than you statistically should on average you are lucky if it takes longer, you are unlucky.
In a perfect World you would find a block on 100% luck value. Less then 100% means you were lucky. More then 100% means you were unlucky.
Wallets and Wallet Software
Every coin has an official wallet with complete blockchain. It could take a lot of disc space on your computer. You could also use a wallet address generated on a crypto exchange. Every coin has also a help page "How to start" -> usually it has a link to an official wallet and/or crypto exchange that supports this coin.
Yes. You could mine to an exchange wallet. Mining4Pros work fine with exchange wallet addresses.