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Two payouts per block

Every time the pool finds a block, two things happen:

Finder gets 1 BTC

Paid by the Bitcoin protocol directly to the finder’s BTC address. Instant, the moment the block lands.

Everyone else gets a slice

The ~2.1 BTC + fees remainder is split among all contributors of the round, by accepted-share difficulty. Sent on-chain, automatic.
Both payouts go to the BTC address you set as your stratum username. There is no separate claim, no portal, no login. Bitcoin shows up in your wallet.

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How your share is calculated

Within a round (the time between two blocks the pool found), every accepted share you submit gets counted by difficulty: 
your share = (your accepted-share difficulty during the round)
             ────────────────────────────────────────────────  × pool remainder
             (total accepted-share difficulty during the round)
This is PPLNS-by-diff — pay per last N shares, weighted by difficulty. Bigger rigs with higher difficulty shares get a bigger slice. Smaller rigs still get a slice; just a smaller one. If you want the deeper math, see The Hybrid Model.

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When you get paid

  • Finder reward (if you win): instant. The 1 BTC is in the same Bitcoin block your miner solved.
  • Remainder share: typically within ~24 hours of a block being found. The operator runs the round through the payout simulator, verifies it reconciles, and broadcasts a single Bitcoin transaction with everyone’s share.
There is no minimum payout threshold to cross — your share for each round arrives in the per-round distribution transaction.

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What you watch on the dashboard

Your per-miner page at basedmining.xyz/miner/<your-btc-address> shows:
  • Live hashrate (1m, 1h, 24h)
  • Best share you’ve submitted (your “top difficulty”)
  • Total accepted vs rejected shares
  • Last share timestamp
  • PH-days (cumulative work)
  • Blocks the pool found that you contributed to
The main Dashboard shows pool-wide stats and the leaderboards (Top Difficulties, Top Loyalty).

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Use a wallet you control

Don’t mine to an exchange deposit address. Exchanges sometimes:
  • Refuse small inbound transactions
  • Silently change deposit addresses, which would route your payouts to nowhere
  • Flag mining payouts as suspicious
Use a self-custody wallet — Sparrow, BlueWallet, or a hardware wallet. You keep the keys, you keep the BTC.

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Verify the pool is paying you trustlessly

The 1 BTC finder reward is enforced by Bitcoin consensus, not by us. Anyone can verify by:
  1. Connecting to stratum at pool.basedmining.xyz:3333 with your address
  2. Capturing the mining.notify message
  3. Reconstructing the coinbase template from the coinb1 + extranonce + coinb2 fields
  4. Running decoderawtransaction on a Bitcoin node
You should see your address as the recipient of 1.00000000 BTC in vout[0]. If you see anything else, contact us and don’t mine. This is the strongest possible payout guarantee in mining — even the pool operator cannot route your finder reward elsewhere.

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Questions

See the FAQ for common payout questions, or reach out on @basedminingco.