Brandon Lehmann edited this page Nov 10, 2018 · 11 revisions

List of Mining Pools

Unless you want to solo mine, which is unfeasible for many people, you will need a pool to mine towards. Make sure to choose the one closest to you!

Here are some of the TurtleCoin mining pools (arranged alphabetically):

Pool Name Total Fee and Method Min. Payout Location Notes
CryptoNote Social 0%, (Proportional) 0 TRTL(anything higher than transaction fee) California Read details details details section carefully.
Funky Penguin NZ 0.0987654321%, Proportional 1000 TRTL New Zealand -
GNTL TRTL Poo 0.1%, PPLNS
1%, Solo
Wallet: 500 TRTL
Exchange: 10000 TRTL
United Kingdom Supports solo mining
Mine2Gether 0.1%, Proportional 500 TRTL Germany -
MinerCartel TurtleCoin Pool 0.1%, PPLNS Wallet: 100 TRTL
Exchange: 500 TRTL
USA Supports XMR-Node-Proxy
MineTRTL 0.1%, Proportional 500 TRTL New York No HTTPS
Tortuga Amor Mining Pool 0% 0.01 TRTL USA No HTTPS
TRTL Cryptohispano 1%, Proportional 500 TRTL Spain Customer support in Spanish
TRTL Ninja 0.1%, Proportional 100 TRTL France -
TRTL POOL PARTY 0.05%, Proportional 500 TRTL Multi-Regional -
TRTL semiPOOL 0.1%, PPLNS Wallet: 500 TRTL
Exchange: 1000 TRTL
Multi-Regional Supports XMR-Node-Proxy
Turtle CryptoAsiaPool 0% 100 TRTL Asia No HTTPS
TurtleCoin CryptoPool 0.1%, PPLNS Wallet: 100 TRTL
Exchange: 500 TRTL
St. Ghislain / Belgium Supports XMRIG-Proxy
TurtleCoin HashParty 1%, Proportional 100 TRTL USA No HTTPS
Turtle Miners Club 1%, Proportional 500 TRTL USA No HTTPS
Turtle MiningGarden 0.01%, Proportional 100 TRTL Germany -
TurtlePool Space, EU 0.1%, Proportional 1000 TRTL London -
TurtlePool Space, HK 0.1%, Proportional 1000 TRTL Hong Kong -
TurtlePool Space, US 0.1%, Proportional 1000 TRTL Dallas -
TurtlePower ChallengeCoin 1%, Proportional 500 TRTL USA No HTTPS
YouPool 0.2% 1000 TRTL China -
z-pool 0.1%, Proportional 500 TRTL Germany -
Imhard4.men, US 0.1%, Proportional 50 TRTL New Jersey Mine at your own risk

Definition of Fees

Rather simple; the pool operator will take a percentage of the reward of the block found for himself.

Example-

  • the fee is 0.1%
  • the block reward is 30000 TRTL
  • 30000 x 0.1% = 30

Therefore, the pool operator will take 30 TRTL for himself.

Definition of Different Types of Methods

Proportional

A proportional pool carries no risk to the pool operator as miners are simply paid out when a block is found. No blocks, no payout!

With a proportional pool the risk is all on the miners if it takes longer than expected to find a block then the miners earn less. On the flip side, if the pool is lucky (they will all average out the same eventually) the miners get more.

Example-

  • A block is found after 100,000 shares
  • You submitted 1,000 of those shares (you have 1% of the pool's total hash power)
  • There’s 30000 TRTL per block

Quite simply you will get 1% of the block = 300 TRTL.

Now if the pool has a bad round (a round is the time taken to find a block) and it takes 200,000 shares to find a block (twice as long) and you have submitted 2,000 shares (as you’ve been mining twice as long), you still only get 1% of the block = 300 TRTL

This can also work in the miners favor too, as if it takes half the time (50,000 shares) to find a block and you submitted only 500 shares - again 1% - 300 TRTL.

Basically, you always get a percentage of the block and you win/lose depending on the “luck” of the pool.

The drawbacks to a proportional pool are that there is often a fee although some pool operators rely on donations only and you will have to bear the variance of the block times and luck unlike a PPLNS pool.

Also they are susceptible to “pool hoppers” where PPLNS pools are not.

PPLNS (Pay Per Last n Shares)

PPLNS does not pay out per block found, rather it pays based on the number of shares you last submitted, and helps to dissuade pool hoppers.

How it works is,

  • you start mining with a PPLNS pool.
  • Rather than paying you out based on the number of shares you submitted since you started mining/the last block was found, it will pay depending on how many shares you submitted in a period of time, called the window, which is an estimate of the time in which the pool in question finds a block.
  • So, after you start mining, it will take a few hours for you to earn your normal earnings - and since the effect of pool hoppers is lessened, you may make comparatively more than other methods.

Basically, you get paid based on

  • the number of shares you submitted
  • and how long you have been mining.
Clone this wiki locally
You can’t perform that action at this time.
You signed in with another tab or window. Reload to refresh your session. You signed out in another tab or window. Reload to refresh your session.
Press h to open a hovercard with more details.