LEARN YOU SOMETHIN’!
Most likely. Your likelihood of winning depends on the amount of netspace dedicated to the pool by its farmers, divided by the total netspace of the Chia network.
Yes or no, depending on some factors that are worth explaining. Your earnings will always be based on your netspace as a fraction of total netspace.
Not as much as you might expect. A pool’s size affects how likely it is to win in a given time period. For a given 24 hour period, a pool’s chance of winning follows the formula:
There are two aspects to our security - the first is technical and the second is about me and Scott personally.
Not sure yet! Likely 1% - 2%. We’re currently researching how much it’ll cost to hire the necessary lawyers to stay in compliance with byzantine cryptocurrency regulations in the U.S.
It depends on Chia transaction fees, which in turn depend on transaction volume on the Chia network (which is expected to rise dramatically after pools launch).
It's currently possible to complete a transaction on the Chia network without paying any fees. This is due to the low volume of transactions but is expected to change once transaction volume increases.
All that style!
Of course! Contact us at [email protected]