Do you want to create a Bitcoin Pool? Litecoin Pool? Dogecoin or Namecoin pool? This is everything you need: just create an account in Poolarchy.com!
With Poolarchy you can create your own coin pool. We provide you with all the technical tools that you and your miners need so you can focus on building your community.
Once you know about the tools that we provide, the benefits are easily drawn from them:
TL;DR: you don't have to maintain any server or technical infrastructure and you will get a reward for it.
Right now Bitcoin, Namecoin, Litecoin and Dogecoin ara available. Also in merged mining! In the future we will add more coins as we see an interest for it.
We get a profit of 0,9% for every block mined. It is low enough to add in top of that your own profit and still be a competitive pool.
When you create your pool, you will indicate a subdomain that will identify it. Using this subdomain, your miners will have access to their control panel. They will be provided also with a stratum url where they have to point out to mine.
The pool uses a mechanism known as VarDiff to change the mining difficulty according to the miner hashing power. Thus, every miner may have a different difficulty at any given time, always customized to its very own hashing capacity.
The difficulty will be incremented or decremented depending on the time the miner needs to submit one share. These increments or decrements will follow an exponential variation of 2, that is 2, 4, 8, 16, 32, 64, etc.
In your pool configuration, you can configure the behavior of VarDiff in your pool, stating the initial difficulty and the minimum difficulty that your pool will accept.
The pool uses Pay Per Last N Shifts (PPLNS) reward system. When shares are received, they are added to the current shift. When the current shift achieves the configured score, a new current shift will be created and the completed shift will be marked as open. You can configure the score to complete a shift and the number of shifts that remain open at a given time.
When a block is found, the reward will be distributed according to the open shifts. That is, every miner will receive a proportional amount according to the shares submitted in the shifts that are open. That means that a miner can receive multiple rewards for the same shift or group of shares.
This reward system avoids pool hoping and other kinds of speculation and is consiered as a fair reward system.
Round is the time or shares since the last found block by the pool. Normally rounds are used to distribute rewards among the miners when a block is found. Because we use PPLNS reward system, we don't have to consider rounds, but you will have all the information about when the last block was found and how many shares you have received since then.
We do daily payments. Every day you and your miners will receive a transfer of your earned coins.
Coin networks discourage transfers of very small quantities, known as dust transactions. For this reason, we don't transfer quantities that are lower to a given threshold. But we provide also a soft limit, that is, when you have a small balance and you still want to receive it, you can pay a fee and you will receive your coins. When your balance is high enough, you receive your coins without paying any fee. In your panel you will find the option if you want to receive very small quantities paying an extra fee.
Fees and thresholds depend on every coin: