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Will the payout for mining always be 0.00000064 BTC? Because that is what i just got.
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Will the payout for mining always be 0.00000064 BTC? Because that is what i just got.
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No. The payout is determined by the block reward divided by the difficulty. The block reward halves every 210,000 blocks and the difficulty changes based on the total amount of mining.
As I write this, the block reward is 25 BTC and the difficulty is 37,392,766. Dividing gives .0000000668, which would be the pay per share at this moment for a pool that charged no fees and kept all transaction fees.
That's assuming the reward system is PPS – Dr.Haribo – 2013-08-21T11:31:11.720
@Dr.Haribo What's assuming the reward system is PPS? – David Schwartz – 2013-08-21T18:48:59.450
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No, The payout is determined by the difficulty.
You can see how the difficulty has changed over time at this website.
0.00000064 BTC is what you got for what? That's a reasonable amount to get now for a difficulty-1 share in a mining pool, but you need to specify that. – Meni Rosenfeld – 2013-08-05T07:34:16.947
Hello Rafi and welcome to the StackExchange. Your question is very subjective - I am guessing you are asking about a reward per share at a mining pool. It's best to ask the pool's support directly about such inquiries. – ThePiachu – 2013-10-29T01:09:24.990