Paddy Pool Policy 🌍
General Definitions
-
In this policy the following definitions are used:
- Mining pool: a centralized endpoint, consisting of one or more Verus daemons, a public website, a database, software to hand-out work, retrieve results, store mining statistics, submit new blocks to the blockchain and process miner payments in a fully automated fashion.
- Mining software: the program a user runs in order to connect to the mining pool, retrieves work, processes that work and submit the results to the pool.
- Mining address(es): The address you supplied in your mining software.
- Miner: a user that runs or has run at least one instance of any mining software and has successfully connected to the mining pool.
- Worker: running mining software that submits work to the pool using a workername.
Terms of Service
-
Paddy Pool is run by volunteers, altruisticly and fairly. Paddy Pool is operated on a best effort basis.
- Mining addresses.
- Amount of submitted shares per worker.
- Amount of Verus paid per worker.
- Hashes and amount of blocks found successfully.
- Hashes and amount of blocks found, but rejected by the Verus chain.
- The rewards in every found block (coinbase released coins + fees).
- Payment history (TXIDs + transactions submitted to the Verus chain).
- access and error logs on mining ports and internal communication (daemons + database).
- website access and error logs.
- Database transaction log.
- Hashes and amount of blocks found successfully.
- Hashes and amount of blocks found, but rejected by the Verus chain.
- The rewards in every found block.
- Payment history.
- Database transaction log.
- Global pool hashrate.
- Global amount of submitted shares.
- Worker hashrates (Hashrate for a mining address is calculated by adding all workers for that address).
- Worker submitted shares (Shares for a mining address is calculated by adding all workers for that address).
- access and error logs on mining ports and internal communication (daemons + database).
- website access and error logs.
- Mining address and all workers on it.
- Worker balance and Mining address balance.
- Worker paid and Mining address paid.
- last recorded active date per mining address.
- Data that is displayed on the website is available to everyone. This includes Mining Address, Worker, hashrate, Balances and Payment details.
- The pool has no control over who accesses the website, nor how any 3rd party will use the public data.
- Miners that are inactive will disappear from the Worker Stats List on the webpage after 5 minutes.
- Miners that are inactive will have mining statistics on their Mining page up to 6 hours after they stopped mining.
- The Mining page of an inactive miner can still be accessed using the Miners Mining address for up to three months.
- Miners that are inactive will have balance and payment statistics until they are (automatically or manually) removed from the database.
- Miners that found a block will be displayed on the Pool Stats page, until 8 or more new blocks are found and have matured.
- Data that is not publicly visible will be used by the pool, solely for the purpose mentioned in this policy and will not be shared to 3rd parties.
- Processing non-public data is automated wherever possible, in order to minimize human access.
- wait three months (91 days) and your data will be removed automatically.
- Contact paco#7277 (long DiscordID
672142105270943783
) on P's Discord (link at the bottom of this page) through a DM and request removal. You will be asked to prove that you own the address you request removal for by sending a transaction (lite wallet) or signing a message (native wallet). - Removing your data will result in a Mining page for your mining address that shows no data and zero balances.
- PaddyPool is NOT able to remove a mining address from a payment transaction. These transactions are immutable on the blockchain.
- Once your data is removed, the pool cannot restore that data for you.
- If an invalid Mining address is used, the mining pool will disconnect. If for any reason the disconnect fails, the rewards for the invalid Mining address will go to the Verus Foundation, address
i5v3h9FWVdRFbNHU7DfcpGykQjRaHtMqu7
. - If a worker is submitting consistently
low difficulty shares
(more than 50%) the connection to that worker will be severed for 5 minutes to ensure undisturbed mining for all other miners. - If a worker is submitting consistently
invalid solution version shares
(typically happening with older, incompatible mining software or incompatible mining platform) all connections from the originating IP address will be automatically severed and blocked for 1 hour, to ensure undisturbed mining for all other miners. - If a worker is submitting
illegal characters
(only ASCII alphanumeric characters are allowed for mining addresses and worker names. Typically happens when using a TLS connection to a non-TLS port) all connections from the originating IP address will be automatically severed and blocked for 10 minutes, to ensure undisturbed mining for all other miners. - On every block found by the mining pool, 2% of the total value (coinbase reward + included fees) goes to the operator & 1% to the Verus Foundation. The remaining 97% is awarded to the miners that are entitled.
- Attempting to spoof shares to trick the reward system.
- Attempting to spoof authentication and/or connections.
- Attempting any malicious mining activity.
- Attempting to disrupt normal operation of the mining pool.
- Attempting to exploit any possible vulnerabilities.
- Attempting to identify possible vulnerabilities, without prior notification.
- Mining from platforms on which mining activities are not explicitly authorized.
- Paddy Pool provides transaction id and amounts for all coinbase rewards paid on the payments page and each miner's dashboard.
- Paddy Pool does not control and is not responsible for the wallet addresses provided by miners. Paddy Pool does not manage or provide wallet services.
- Mining rewards are distributed directly to the wallet address provided by miner.
- It is the responsibility of the miner for any wallet address used for mining purposes.
- Do not mine to an exchange address, invalid address or any address you do not have control over (private keys).
- Paddy Pool requires mining to a transparent Verus address (
R-address
) or a Verus Identity address (i-address
). - All payments by Paddy Pool can be proven valid (confirmed) by (3rd party) block explorers.
- In order to fund the transaction fee for payment to the miners, 0.00005 VRSC is deducted from the block reward, after the 3% fee, before the rewards are distributed to the miners balances that are entitled.
- Payment to the miners supplied addresses take place, when the balance is greater or equal to 0.001 VRSC.
Paddy Pool ("Paddy Pool", "paddypool.net", "we", "us", or "our") provides these Services to you ("you" or "your"), subject to the terms contained in this Policy (this "Agreement").
This Agreement is a binding legal agreement between you and the applicable Paddy Pool entity depending upon the country of your residence.
Please read the terms and conditions of this Agreement carefully before using our Services.
The Services are licensed to you under this Agreement, not sold to you.
By accessing or otherwise using any portion of the Services, you agree to be bound by the terms of this Agreement.
If you are not willing to be bound by the terms of this Agreement, you may not access or otherwise use any portion of the Services.