BASICS

When Mining you should be aware that the only true mining will come from a Peer-to-peer mining pool. The main reason for this is the pools you must join are a centralized mining pool and have a specific set of rules in order for you to mine on. Do not get me wrong, in some cases, when you only care about adding up the monthly income with your auto-faucets and whatever else you are doing, then it is fine.

The goal of the pool mining is to get the maximum income for your mining work. Here we will look at the same coin on a centralized mining pool and then on a peer-to-peer mining pool, and you will see the difference.

PEER-TO-PEER

What you should see when using a peer to peer mining pool are only your actual address, the speed of your miner, the rejected hashes, the time to share, and your total amount.

If you look at this example you will see what a true peer to peer mining pool is. There is no central pool management to provide proportionate shares, or pay per last share. There is only the actual calculation of the software as part of the true code. This is the type of pool I choose to mine.

Now let us break down the mining shares. As you can see by the picture below the second miner is using just a standard Antminer D-3 or Equivalent. Every 2 -3 minutes this miner is earning a share which increases the predicted payout when the block is solved.

Based on this information you will see that when the block is solved, at this time, the second miner will be paid out 0.15390376DASH.

This is how mining is suppose to be. Peer to peer based on the actual work being done. Now let us show you the difference on a centralized pool.

CENTRALIZED MINING POOLS

I am not going to name the mining pool, but you will see two important things right off the top. The pool fee is high, second they show you based on a speed the amount you will earn. In a peer to peer pool it can not be calculated, due to the fact that a share is added every few minutes. Here is an image and you can see for yourself.