MINING / FOLLOW THE PAYOUT
A mined coin is not always your payout coin
Three accounting models can sit behind the same merged-mining label.
Before comparing a pool’s reward screen, ask what arrives in the wallet. LitecoinPool.org pays LTC and DOGE directly; it explains that smaller auxiliary coins support its PPS rates instead of being distributed individually. Kryptex’s Litecoin page describes conversion of merged coins into LTC. A long list of mined chains therefore need not mean a long list of wallet deposits.
Other pools credit named assets separately. ViaBTC’s tutorial describes account credit before a withdrawal address is prepared. F2Pool’s guide says the corresponding auxiliary address must be configured before those rewards start accruing; missing-address rewards are forfeited, not later recovered. These are materially different onboarding rules.
Mining-Dutch documents optional conversion and several reward modes. Its merged rewards follow the finder’s selected mode, while D-PPS accounts for auxiliary work through share rates. For any provider, record the actual payment method, network, threshold, fees, maturity and withdrawal status. Reconcile accepted work, credited reward and settled payout separately. A pool dashboard balance is an operator’s accounting record until the relevant on-chain payment is confirmed.
- Direct asset payout ≠ automatic conversion ≠ inclusion in a share rate.
- Preserve a dated copy of terms before relying on a payout setup.