LTC Revenue Models, Fees, and Payment Rules Explained
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Revenue Models and Payment Rules Explained

1、Revenue Model: PPLNS (Pay Per Last N Shares)

Currently, all LTC-related currencies in the mining pool uniformly adopt the PPLNS revenue model.

1. Model Definition

PPLNS is a revenue distribution model based on the actual block discovery of the mining pool. Once the pool successfully mines a block, the system distributes the block rewards based on the proportion of valid hashrate (Shares) submitted by miners over a specific past period.

2. Model Characteristics

Revenue Volatility: Earnings are directly affected by the pool's block discovery luck (Luck). In the short term, earnings may be higher or lower than theoretical values, but over long-term operation (usually more than 24 hours), earnings will trend toward the network average.

Continuity Requirement: This model has high requirements for the online stability of the mining machines. Frequent offline or disconnection issues will reduce the miner's weight within the distribution cycle, thereby affecting final earnings.

2、Mining Pool Fee Standards

The service fees charged by the mining pool are used to maintain server operations, node maintenance, and network bandwidth costs.

Settlement Method: Fees are automatically deducted during daily revenue statistics. The amount users see in their bills is the net revenue after deducting the handling fees.

3、Supported Currencies and Minimum Payout Amounts

The system has payout thresholds. Automatic payment is triggered only when the account balance reaches the set threshold.

Currency Code Full Name Revenue Model Pool Fee Min. Payout
LTC Litecoin PPLNS 2% 0.02 LTC
DOGE Dogecoin PPLNS 4% 40 DOGE
BELLS Bells PPLNS 4% 1 BELLS
TRMP Trump PPLNS 4% 400,000 TRMP
PEP Pep PPLNS 4% 4,200 PEP
JKC Junkcoin PPLNS 4% 5 JKC
SHIC Shic PPLNS 4% 40,000 SHIC

4、 Automatic Payment Process

The mining pool executes an automated payment mechanism; miners do not need to manually apply for withdrawals.

1. Payment Time

The system automatically executes payment procedures at the following two time points (UTC+0) daily:

First time: 10:00 (UTC+0)

Second time: 22:00 (UTC+0)

2. Payment Conditions

The currency account balance reaches the minimum payout amount.

The user has correctly configured the corresponding wallet receiving address in the backend.

3. Arrival Time

After the payment is sent, funds must be confirmed by the blockchain network. Specific arrival times depend on network congestion and the number of confirmations required by the exchange/wallet.

4. Revenue FAQ Check

4. Balance reached the threshold but no payment received?

Please check the following:

Address Configuration: Confirm if a receiving address has been set.

Payment Cycle: Confirm if the balance reached the threshold after the most recent payment node (10:00/22:00).

Network Confirmation: Check the blockchain explorer to see if the transaction has been sent but is waiting for network confirmation.

5. Why are earnings lower than expected?

Luck Volatility: Under the PPLNS model, if the pool finds fewer blocks in a short period, earnings will temporarily be lower than theoretical values.

High Rejection Rate: Check the miner's network connection. An excessively high rejection rate (Rejected Share) will damage the effective hashrate.

Downtime Record: Long periods of miner offline time will lead to a decrease in weight during the PPLNS distribution cycle.

5、 Security and Disclaimer

Address Accuracy: The mining pool does not support withdrawing payment requests once they are sent. Please ensure the wallet address provided is accurate and supports the corresponding currency.

Service Interruption: For short-term hashrate loss caused by network fluctuations or force majeure, please check announcements or contact technical support in a timely manner.