Tag: varfee

What is “Current Round Variance” and “Average Block Variance”

All this variance talk can be pretty confusing but actually it’s just a fancy way of saying “pool performance” and is the best statistic for any pool to judge the current performance and average performance over a period of time.

How does VARFEE work on MaxHash Ethereum pool?

Simply put our new variable fee system (VARFEE) means that the pool only takes a fee when its performing well and finding blocks quickly for our miners. When the pool is performing average or below then you don’t pay anything for our service. This means we have a mutual interest in miners getting more coins and…
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