How do payouts work and when are they processed?
Payouts for the GHmining operation run daily between 17:00 - 20:00 UTC*. Every day prior to the payouts all funds are consolidated in GetHashing’s mining account on Coinprism from the GHmining and the GHrigs coin generation accounts.
Once the revenue of the last 24 hours from the above addresses has been consolidated the gross maintenance fee for the entire farm is deducted which is $0.0013* per GH/s or $650 / Day for 500 TH/s.
The remaining balance is distributed among all GHcoin owners based on the percentage of GHcoins each coin owner holds in their account “at the time of payment”. Payouts are credited automatically to the BTC address associated to the asset address of the coin owner.
(* Maintenance fee reduced from $0.0014 to $0.0013 / GH/s as per May 8, 2015)
How can I follow the money flow?
Below you’ll find a money flowchart which displays exactly how the GHmining funds flow every day and all transactions are recorded on the Coinprism blockchain. This allows anyone to review the transactions or audit the money flow at any time. If you have additional questions, just ask.
(Overall hashrate outdated)
- The GHmining address
- The GHrentals address
- The GHmined address on Coinprism
- The GHmaintenance address on Coinprim
Maintenance fees are moved to our cold storage address from the GHmaintenance address daily after payouts have been processed.
Please note: A separate topic has been created by us for “daily payout discussions and questions”.
Dividends for GHstaking will run weekly and those haven’t been implemented yet. GHstaking is still in alpha.