F2Pool Profit-Switching Pool User Notice

Welcome to the F2Pool Profit-Switching Pool. Please read this notice carefully. By clicking the “Confirm” button, you (user) fully acknowledged this notice to use the Profit-Switching Pool and take responsibility for any risks. If you do not agree, please click “Cancel” and do not use the Profit-Switching Pool.

The Profit-Switching Pool is a service that F2Pool provides. F2Pool monitors the mining revenue of different cryptocurrencies which have the same mining algorithm. This function will direct hashrate to mine the most profitable currency and pay the revenue to miners based on the currency that is actually mined.

For the first phase, F2Pool will launch the Equihash Profit-Switching pool, supporting profit-switching between ZEC and ZEN.

“Higher mining revenue”, means F2Pool will monitor the currency price and network difficulty, to compare the actual mining revenue of different coins of the same mining algorithm. The Profit-Switching pool will switch hashrate to mine ZEN when ZEN mining revenue is more than 10% higher than ZEC mining revenue and will switch the hashrate back to ZEC when the ZEN mining revenue is less than 3% higher than ZEC mining revenue.

Please note: Mining revenue is calculated according to the current currency price and network difficulty when switching. Mining revenue may be lower than mining to ZEC or ZEN without the Profit-Switching Pool, due to fluctuation in currency prices.

“Revenue payouts”, F2Pool will start distributing payouts of the previous day’s revenue at 00:00 UTC and finish the payouts before 08:00 UTC daily. If there are any special situations causing payout delay, we will make an announcement in advance.

The above information is related to the F2Pool Profit-Switching Pool User Notice. By clicking the “Confirm” button, you (user) fully acknowledged this notice to use the Profit-Switching Pool and take responsibility for any risks. If you do not agree, please click “Cancel” and do not use the Profit-Switching Pool.

F2Pool reserves the right to modify this notice at any time. We will inform you that we have revised this notice by updating and revising the effective date of the new version of the notice and highlight the amendments. Please review this notice regularly and pay attention to its revisions. If you do not agree with the revised content, you should stop using the Profit-Switching Pool. When an updated version of this notification is released, by continuing to use the Profit-Switching Pool, it indicates you agree to the updated content and agree to the User Notice.

2019-11-22
F2Pool Team