New static coin mining fork policy

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Steve Sokolowski
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Joined: Wed Aug 27, 2014 3:27 pm
Location: State College, PA

New static coin mining fork policy

Post by Steve Sokolowski » Sat Apr 20, 2019 4:48 pm

I wanted to provide notice that we will be changing our documentation with a new policy about static coin mining. This policy will become effective next week. It is expected to be used rarely or never; there were only two instances in the past four months when it would have applied.

The policy will state that static coin miners are responsible for ensuring that the profitability of the coins they are static mining is within a reasonable range of the profitability typically experienced for a coin of that algorithm. When a coin has unreasonable profitability due to a fork that we were not made aware of, we have the option of issuing no payouts for the period of the fork for customers who are statically mining that coin.

The "live coin status" box can be used to determine whether a coin has forked. The coin's block number is available in the first row of the box. If you detect a fork, you should stop statically mining the coin and report the fork using the "Notify Us of Pending Coin Changes" box in the block explorer.
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