04/27 - PAI Coin Pool Updates

PAI Coin Pool

Why is the pool hash rate shown on PAI Coin Pool different from PAIChain.info?

As you probably know, PAI Coin Pool currently supports Off-Chain Mining. This means that, while the Lucky Hashes submitted by users running PAI Miner are counted by PAI Coin Pool for the purpose of calculating block reward payouts, they’re not actually used to append new blocks to the blockchain. The “System Total” hash rate that you see on PAI Coin Pool reflects this off-chain hash rate, the aggregate of hashes submitted by all of the PAI Miner apps that PAI Coin Pool users are running at the current time. It’s relevant to how much PAI Coin a user can earn by mining through PAI Coin Pool, but it’s completely unrelated to the PAI Blockchain itself (for now).

On the other hand, the hash rate displayed in the upper right corner of PAIChain.info reflects the rate at which hashes are generated for the purpose of actually appending blocks to the PAI Blockchain and verifying real PAI Coin transactions. The origin of this true hash rate is the collection of whitelist miners that support the network.

Since, for now, PAI Coin Pool is mining off-chain, the PCP and PAIChain.info hash rates do not match. Whenever PAI Hybrid Consensus is launched, however, the mining whitelist will be removed, PAI Coin Pool will transition to mining on chain, and the PAI Coin Pool System Total hash rate will equal the hash rate shown on PAIChain.info.

Will PAI Coin Pool support other blockchains in the future?

Currently, there are no plans to support other blockchains.

Is mining being done off-chain or on-chain?

Currently, mining through PAI Coin Pool is off chain. This means that, while the Lucky Hashes submitted by users running PAI Miner are counted by PAI Coin Pool for the purpose of calculating block reward payouts, they’re not actually used to append new blocks to the blockchain.

This will change once the PAI Hybrid Consensus mechanism is launched and whitelist mining is phased out. For PCP users, though, the switch from off-chain to on-chain mining will be seamless and transparent—the process of mining via the PAI Miner app will not change.