Difference between revisions of "PoW vs PoP Mining"

Revision as of 13:44, 11 July 2018

A new block is expected every 30 seconds.

The total block reward is 87.5 VBK. This is split 50-50 among PoW and PoP

There are two types of VeriBlock mining:

	Proof-of-Work	Proof-of-Proof
Abbrevieation	PoW	PoP
Purpose	Adds the next block	Secures a block to Bitcoin New Protocol See: PoP_Transaction_LifeCycle
How to run	HowTo_run_PoW_Miner	HowTo_run_PoP_Miner
Reward	43.75 (Split among pool that won the block)	Average of 43.75 (Split among other miners)
Reward Coin Type	VBK	VBK
Payout	Shortly after block confirmed	In 250 VBK blocks
Requirs BTC to run?	No	Yes
Pool Mining	Yes (see: HowTo_run_and_connect_to_PoW_Miner_pool)	No
Interactive	No	Yes
Can mine with GPU?	Yes* (in future release)	No

There is opportunity in both forms; individual miners can determine which is best for their situation.

@@ Line 4: / Line 4: @@
 == Overview ==
+A new block is expected every 30 seconds.
+The total block reward is 87.5 VBK. This is split 50-50 among PoW and PoP
 There are two types of VeriBlock mining:
@@ Line 19: / Line 23: @@
 | Adds the next block
 | Secures a block to Bitcoin
+New Protocol
+See: [[PoP_Transaction_LifeCycle]]
 |-
 | How to run
@@ Line 25: / Line 31: @@
 |-
 | Reward
-| 35 (Split among pool)
+| 43.75 (Split among pool that won the block)
-| Average of 35 (Split among other miners)
+| Average of 43.75 (Split among other miners)
 |-
 | Reward Coin Type