• Variables: C = 300
  • Simple scoring system: exp(round_time / C)
  • Pays full reward for every block for work on that same block
  • Pays in excess of work done for short blocks
  • Pays less than work done for old shares
  • Weighs shares by time submitted
  • Slight benefit possible with strong pool hopping skills
  • Risk from withholding is distributed among miners
  • Easy math: (your shares / total shares) * reward
  • Pays full reward for every block for work on that same block
  • Pays in excess of work done for short blocks
  • Pays less than work done for long blocks
  • Easy payout improvement with pool hopping
  • Risk from withholding is distributed among miners
  • Fixed rate of payout for work performed, limited by actual miner performance
  • Never overpaid based on pool earnings; underpaid only when work performed has failed to deliver
  • No benefit for pool hopping
  • Risk from withholding is distributed among miners
  • Non-reward credits carry over for future work
  • Fixed rate of payout for work performed
  • Never over or underpaid based on pool earnings
  • High risk for operator that pool might not earn as much as it pays out
  • Absolutely no variability
  • No benefit from pool hopping
  • Risk from withholding is carried entirely by pool operator
  • Variables: N = difficulty * 2
  • Easy math: (your shares / N shares) * reward
  • Pays full reward for every block for work on that same block
  • Pays in excess of past work done for most blocks
  • Doesn't pay some shares at all for excessively long blocks
  • No benefit from pool hopping
  • Risk from withholding is distributed among miners