Pool fee and payouts explained

What does the pool charge?

The pool charges one flat fee and nothing else. There is one fee for the blocks the pool shares out. There is another for the blocks a solo miner keeps.

• Both current fees are shown live on the pool statistics.
• The fee is taken from block rewards automatically, before they are shared out.
• There are no other charges.
• Payout transactions cost you nothing extra.
• If a fee ever changes, the new rate applies only to blocks found after the change. It never applies to blocks already found.

One exception applies to a payout converted to Bitcoin or Monero, on the coins where HeroMiners offers one. There, the exchange's trading and withdrawal fees come out of the converted amount. So does that payout's network fee.

How does a block become your balance?

When the pool finds a block, your part of its reward first shows as your Immature Balance. It stays there while the network confirms the block.

A new block needs a number of confirmations before its coins can be spent. A confirmation is a later block built on top of it. This wait is a rule of the coin itself, not of the pool.

Once the block matures, your share of it moves to your Pending Balance.

When are you paid?

Payouts run automatically every hour. If your confirmed balance has reached the minimum payout shown on the site, that run sends it to your own wallet.

The pool never holds your coins longer than the gap between maturity and the next hourly payment. A balance always belongs to the address that earned it. It cannot be moved to a different address.

A payout converted to Bitcoin or Monero, on the coins where HeroMiners offers one, runs once a day instead. On its way to you, it passes through an exchange and the pool's payout wallet.

What do Immature and Pending Balance mean on your dashboard?

Your dashboard shows the two balances separately. Under a proportional scheme, they mean this:

• Immature Balance: the estimated value of blocks that are still maturing.
• Pending Balance: the confirmed amount waiting for the next payout run.

A block can be orphaned. That means another block won the network race at the same height, so it pays nothing. This is a normal part of every blockchain and affects every pool equally.

What changes under PPS+?

Under PPS+ the two lines mean something different. So check which scheme the pool is running before you read the numbers.

• Pending Balance grows with every accepted share, all day. It does not wait for a block.
• Immature Balance holds only the small extra a found block adds on top, from its transaction fees.

On a coin whose transaction fees are close to zero, Immature Balance can sit near zero. You are still being paid normally. This is expected and not a fault.