XCHPool | Chia network related faq

For small chia farmers, it could take months to receive a single coin reward.

By Joining XCHPool you combine the power of a group of farmers and receive more rewards together!

Our fees are low, it is transparent and absolutely anonymous and on top of that we instantly pay out!

According to miningpoolstats we are among the top 10 worldwide.

Go to our website explorer.xchpool.org

You can see all the latest figures such as:  recently Farmed Chia, our Pool Netspace and members

Yes we have a leaderboard. You can take a sneak peek at our pool explorer here, where you can see pool rewards, top members, your pay-outs and more!

You can join us on discord! 
Please follow this guide to chia  farming to get started

No you can’t you need to re-plot your plots with the pooling feature

• Yes. If you can use a more up-to-date .sqlite database file, this will expedite the process.
• User “Phelan Kell-Ward” periodically provides updated mainnet .sqlite DB updates. Additional sources may be available in the future.

LINKS: https://drive.google.com/drive/folders/1_Z-Pzh2Du-GVr5GyDPiwoudkrjYziLwr?usp=sharingtabindex=”0″>https://drive.google.com/drive/folders/1_Z-Pzh2Du-GVr5GyDPiwoudkrjYziLwr?usp=sharing

The first step is to open Chia normally and sync for at least a few seconds to a minute.

1. Stop chia by closing the gui, or execute:

chia stop farmer

Windows: C:\Users{username}.Chia\mainnet\db

Linux: ~/.chia/mainnet/db/

chia start farmer

1. Install the Chia software normally
2. Open PowerShell
3. Change -directory to the correct location

cd C:\Users\{username}\AppData\Local\chia-blockchain

.\chia.exe init

.\chia.exe configure -t true

.\chia.exe show -a testnet-node.chia.net:58444

The netspace is a calculation based on the proofs you send to the pool. sometimes you are lucky, and sometimes you are less lucky.

The space calculation is also based on a 24 hour rolling average, so if you

• have been down for a while in the last 24h
•  just joined the pool
• still plotting so space increases over time
• then the space will looks less than it actually is.

Join us on  Discord

Yes, we take a pool fee to fund our operations. Read more »

From 2021, July 22nd:
The XCHPool Basic Fee is 1%

From start until July 8th 2021:
lifetime 0% Fee

Between July 8th 2021 and August 12th 2021
3 months 0%

The larger your Chiafarm the higher your discount.

The following discounts will be applied on the XCHPool Fee:

• 0.05% > 100 TB
• 0.10% > 250 TB
• 0.15% > 500 TB
• 0.20% > 1 PB

Long term XCHPool members get a special discount

• 0.05% > 6 Months
• 0.10% > 12 Months
• 0.15% > 18 Months

Payout is based on a few factors. See below for the breakdown.

a. Payout

• The total payout is 2 XCH.
• This is divided by giving 0.25 XCH (+ transaction fees) to the pool member that provided the correct proof to the Chia network.
• The remaining 1.75 XCH is divided among the rest of the pool members equal to their pool share which is calculated in points.

b. Points

• Points are acquired by sending proofs to the pool server, based on three factors: difficulty of the proof, and uptime during the cycle.
  
• Difficulty of the proofs are adjusted to the pool member’s farm size, so the pool member has to (on average) needs to send a proof every 5 minutes, this way the size of a farm will impact the difficulty of the challenge it receives, thereby impacting the number of points.
  
• Proofs are expected in average to be +/-5 minutes, and if a farm is not active for the full cycle, it will potentially receive less overall points for that cycle.
• The pay out moment is where all points built up determines your pool share % for that cycle. Payout is done, points reset to zero for all pool members, and a new cycle begins.

Payouts happen once per day at 12:00 UTC

Payouts will be processed through the PPLNS methodology 

Note: The process might take several hours before you get your rewards added to your wallet. This is blockchain and processing time related.

By all means leaving the XCHPool as a Chia Farmer would reflect that all discounts will be reset to 0% discount!