4
From what I understand miners submit their hashes to the pool. What prevents a miner to disengage the pool as soon as she finds the right hash?
4
From what I understand miners submit their hashes to the pool. What prevents a miner to disengage the pool as soon as she finds the right hash?
5
The payout address for the miners mined blocks is the pool's moderator address. If the miners are working on blocks with a different payout address (ex. their own), the pool moderator can tell and act accordingly by either banning them or simply ignoring their work.
Right! That was logical! – gurghet – 2014-06-30T11:53:26.227
And what happens if the pool moderator is the culprit? – Tom Au – 2014-06-30T17:30:46.500
@TomAu: Please ask as a separate question. I think that's an interesting thing to ponder. – Jacob Krall – 2014-06-30T18:31:25.530
@JacobKrall: Done. – Tom Au – 2014-06-30T18:45:22.197
possible duplicate of What prevents a pool miner from stealing an entire block?
– Jacob Krall – 2014-06-30T18:32:01.363