Frequently Asked Questions New Watcher Link

Find answers to common questions about our account-based mining pool OurPool: It is Your Pool too.


How and when are rewards calculated?

We use the RTPPS (Real-Time Pay Per Share) reward system, which rewards miners based on their contribution to the pool. Here's how it works:

  • Unlike traditional pools that are bound to block rewards and network difficulty, we're using a spot marketplace for hashrate. Buyers place orders, and miners get paid based on the real-time market demand for hashrate.
  • This market works on what could be described as a watermark demand-driven model. In simple terms, there’s a baseline (the watermark) for pricing, and when demand exceeds that watermark, the price increases dynamically.
  • Despite this difference in backend mechanisms, the miner’s experience is similar: connect your ASIC, mine, and get paid based on the amount of shares contributed. This makes it possible to compare earnings per PH/day across platforms, even if the payment models differ

Earnings are updated every 10 minutes on your dashboard.


When are payouts processed?

Payouts are processed automatically once your balance reaches the minimum threshold. Here are the details:

  • Minimum payout threshold: 0.001 BTC. Default payout threshold is 0.005 BTC. Higher thresholds reduce transaction frequency.
  • Payout frequency: Every 24 hours (typically around 10:00 UTC)
  • Payout method: Direct to your wallet address
  • Transaction fee: Covered by the pool (no deduction from your earnings)

Which wallet address is used for payouts?

The same wallet address you use for mining (as your username) will be used for receiving payouts. This ensures a direct connection between your mining activity and rewards, with no need for withdrawal requests or account management. Make sure you have access to the private keys of the wallet address you're using for mining.


What types of wallet addresses are supported?

We support standard Bitcoin (BTC) wallet addresses, including:

  • Legacy addresses (starting with 1)
  • SegWit addresses (starting with 3)
  • Native SegWit addresses (starting with bc1)

Make sure you're using a valid address that you control and have access to the private keys. We recommend using a hardware wallet or a non-custodial software wallet for maximum security.


How do I connect my wallet?

Here is the form: Typeform to connect your wallet.


Important Note:

Do Not Use Email: to maintain an organized and secure process, please avoid sending your Bitcoin wallet address via email. Utilize the provided form to prevent any loss of information and ensure a streamlined setup.


By following these steps, you ensure a secure and verified connection of your Bitcoin wallet to your mining operations, safeguarding your assets and facilitating efficient transaction management.


What should I do if I entered the wrong wallet address?

If you entered the wrong wallet address, any mining rewards will be sent to that address. Unfortunately, due to the nature of blockchain transactions, we cannot recover or redirect funds sent to an incorrect address.


To prevent this issue:

  • Always double-check your wallet address before starting to mine

  • If you notice you're using the wrong address, immediately email support@epicmining.io and reconfigure with the correct address by re-submitting the form with the correct wallet address: Typeform


Important: We have no way to verify wallet ownership or redirect payments once they've been made. Always ensure you're using the correct wallet address.


How do I monitor my mining performance?

You can monitor your mining performance through our comprehensive dashboard. Simply enter your wallet address to access:

  • Real-time hashrate statistics
  • Worker status and performance
  • Earnings information
  • Payout history
  • Share acceptance rate
  • Historical performance charts

The dashboard is accessible 24/7 and updates every few minutes to provide you with the most current information.


What happens if my miner goes offline?

If your miner goes offline, it will stop contributing shares to the pool, and you'll stop earning rewards. Our system will detect this and mark your worker as "offline" on the dashboard after approximately 15 minutes of inactivity. If a worker remains offline for more than 24 hours, it will be marked as "inactive." You can still view historical data for offline workers on your dashboard. When your miner comes back online and starts submitting shares again, its status will automatically update to "online," and you'll resume earning rewards.


How secure is this mining pool?

Security is our top priority. We've implemented multiple layers of protection:

  • DDoS protection to ensure continuous operation
  • SSL encryption for all communications
  • No storage of personal information (we only use your wallet address)
  • Regular security audits and updates
  • Redundant infrastructure with automatic failover

Additionally, since we don't require registration or store any personal information, there's no risk of account compromise or identity theft.

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