If you already have a Rig or you have a relatively recent GPU, you use for gaming you are good to go! Check out our Getting Started page for instructions on how to get the right mining software for your hardware, and how to connect to pool.traid.tv. If you have any questions or issues, please feel free to email us or reach out on discord.
What Difficulty Should I Choose?
Often we are asked by our miners what difficulty setting should be used for mining. Traditionally mining difficulty has always been something set by mining software as opposed to hardware (GPU’s or ASICS) and is a tool to reduce bandwidth for larger miners (often mining farms).
Selecting and setting the difficulty low for your hardware has the imposed risk of causing bandwidth problems for both the miner and the pool operators. Setting a higher difficulty setting for your hardware causes no potential bandwidth or communication issues (stale/rejected shares) however the higher the difficulty is set, the more variance your payouts will see (i.e. your pay will fluctuate more) but it will average out to the same pay over time. Higher difficulties reduce the amount of bandwidth being sent between your miner and the pool and as such shares are found less frequently when initially starting your miner.
We take guessing out of difficulty settings for our miners; pool.traid.tv uses an automatic difficulty adjustment algorithm designed to quickly reduce or increased the required difficulty of any miners pointing their rigs at our servers. When starting to mine you may see a large influx of shares with our default difficulty setting (please read our FAQ on shares); this is your miner automatically adjusting to your appropriate difficulty; over a quick period of time your miner will automatically adjust to the appropriate difficulty based on your hash rate. These shares are not as valuable as full shares and manual difficulty adjustment is often used as a method of reducing the number of these “spam” or lower value shares your miner submits.
For any miners with multiple rigs or larger, or anyone interested in changing their difficulty we provide multiple ports for our more advanced users to connect too listed on our getting started page.
What is the PPLNT payout system?
PPLNT (Pay Per Last and Time) Proportional Payouts, with a twist to protect you
A round is the time from when the pool found the last block until when the pool finds the next block. If the length of a round is shorter this is usually a sign there is a higher the hash rate on the pool. As with all pool mining and mining in the real world there is a luck factor involved in the length of round. Over a longer period of time the average length of a round is predictable.
(This is shown in our “Luck stats" on our graph stats page)
Payments are calculated with your total contributed shares being made proportional based on the last 51% of the round. Shares that were earned before the last half the round are given less value. The older a share the less value they have. If you have mined the entire round or mined for the last 51% you will receive a full proportional award. The reason this system is in place for our miners is to reduce the potential for individuals to pool hop and to ensure miners who have mined for an entire round are awarded and paid fairly based on their contribution to the round vs. a miner that has joined in the last 10% of a round
If a miner chooses to join the pool at the beginning of a round and consistently leaves part way through a round to mine on another pool, then under an equal proportional payout system they would receive an unfairly high payout at the expense of the miners who have been loyal and mined the entire round with our pool. The PPNLT payout system is in place to reward loyal miners and penalise pool hoppers to prevent them from earning unfair payouts. If you are looking to join a pool that you can you can mine with long term, and not have to worry about pool hoppers unfairly stealing your rewards a PPLNT pool is your best option.
What are shares? How are they calculated?
When mining any workers/rigs you have running will advise you of their total H/s (hashes per second). The higher your H/s the more contributions you are making to the total network hash and shares you are submitting to the pool. When a miner connects to our pool they may see a large number of shares appear to be accepted at a rapid/fast rate, be aware that these are not fully weighted shares and you will not make bigger earnings turning your mining software on and off every few minutes, if anything this will likely cost you more in power (due to starting and stopping your GPU’s) and effort, you may earn less total shares in a round if doing this as you are not connected to the pool the whole time. The method we use for rewarding our miners based on shares is a payment/share system called PPLNT; please be sure to read our FAQ section on PPLNT for a better understanding of how to most efficiently mine on our pool. When a block is solved a round is over and your shares will reset to 0 and begin to accumulate again. Payments are divided proportionality by your miners contribution of shares vs. the total number of shares submitted by other miners during that round. A rough calculation of your earnings can be estimated from looking at the total shares of the pool and your own shares with a little maths.
Example : Coin X pays 12.5 coins per block after the pool has taken its 1% fee that means there is total of 12.375 coins to be shared with miners. In this hypothetical round there are 500,000 shares submitted to the pool currently for the round Let’s assume you contributed 26,870 of those shares so far. That would mean out of 500,000 shares you have submitted approximately 5.374% which is approximately 0.6650325 x coins out of the 12.375 to be paid when the round ends. The pool and total network hash rate can change a lot during a single round at times so this technique is an estimation at best, similar to mining calculators.
Why is my miner and the pools shares a different number?
Typically, your mining software will show the total number of submitted shares you started your mining software. The pool will only show the valid shares for the current round as they are what will count towards the next found block. As such the two numbers are not comparable as they count using completely different accounting methods. Please read the above FAQ on shares for a better understanding and an example of how to calculate your potential payout based on your current pool shares.
What happened to my shares? They are gone?
If shares reset to 0 that means we have found a block, and your share count is now that of the new round. After the pool finds a block all share counts go back to zero. The shares that show on your miner page are only those for this round. The fact that your share count has reset is usually a sign that a payment is not far away.
A Minimum Payout is the minimum you will need to earn as a worker before we can pay your earnings. The minimum payout on pool.traid.tv is (treba da se odluchi). Please be aware that TRAID require 15 confirmations before they can be paid to miners. Please read our FAQ on worker stats and balances to ensure your balance is not immature or pending.
What is “Immature, Balance & Paid”?
Following a block being found and whilst still waiting for confirmation you will see your earning for any pending blocks as you “Immature balance”. Once any pending blocks have been confirmed you may see your immature balance now show as just “Balance”; as the minimum payout for the pool 0.1 TRAID, as you continue to mine and more blocks are found you balance will continue to build until it reaches 0.1 TRAID. Once a miner/workers balance is confirmed at 0.1 TRAID you will be automatically paid your full balance.
When will I get paid?
Payments occur for our miners when a block has been found (a completed round). Until a block is found we are unable to make any payments as we do not receive any coins to pay until such time as said block is found.
Quite a few things can impact the timeliness of payments; it’s important to consider the number of miners on the pool, the number of total miners on the network and total network hash rate of the coin you are mining vs. your total hash rate and contributions to the network total. When comparing our pool size to a larger pool you should consider how mining and luck operates on a block chain network full of variables (miners and price).
A smaller pool may take a longer period of time to find a block (complete a round) than a larger pool with more hash rate; (this is due to the number of miners on a smaller pool being substantially less than a larger a pool)
This does not mean you will earn any more or any less mining with a bigger or smaller over a longer period of time (i.e. a few weeks or months) payments made to miners are based on their total contribution to the network hash rate, (however much that may vary over the time of mining.) When mining with a smaller pool such as us you will receive a bigger payment over a longer period of time, as it can take longer to find a block. With a bigger a pool you will receive payments more frequently than a smaller pool however they amount you are paid will be less (as the pool is bigger more miners are mining together to earn the same coins, thus smaller payments; however, more miners mean you may solve a block faster). Over a longer period of time you will find that payments from any pool, big or small will average out. Please see further information on Minimum Payouts.
Why have I not been paid as much as my calculations?
Please be mindful that, although What to Mine, and similar mining calculator tools are a great way to get an idea of profitability, these calculations are rough estimates at most usually. When using a calculator, it will provide your guesstimate based on the current conditions of your chosen coin. (i.e. Network hash, your rigs hash, the payout amount per block and the current value of the coin)
Requesting Manual Payments/Payouts
We cannot process manual payouts or payments as doing so requires us to shut the entire pool down to manually move and funds and for us to reallocate data in our database, there is far too much room for error and when manually processing payments and would likely cause significant down time for our other miners.
At this stage the minimum payment/payout of 0.1 TRAID will not be adjusted. Reducing the minimum payment/payout amount to a smaller threshold will increase the number of transactions the pool needs to send and in turn will increase the amount of TX fee’s required to pay our miners and would impact the earnings of all miners on the pool. We do not adjust or take any balance below 0.1 TRAID coins; nor do these amounts or balances for these workers expire.