LMW Pool XEC

Payout Policy & Verification

This page explains how rewards are handled on LMW Pool XEC, how miners are paid directly on-chain, and how the current 1% donation is applied in the live ckpool -x -B configuration.

Direct miner payout Donation: 1% Miner address username ckpool -x -B On-chain reward flow

1. Current reward model

XEC rewards are handled with a direct on-chain payout model. When the pool solves a block, the winning miner is paid directly to the address used in the worker username, while the pool retains a 1% donation.

Component Value Recipient Rule
Miner reward 99% Winning miner address Paid directly on-chain by the solved block coinbase
Pool donation 1% Pool donation address Added at block creation stage in ckpool
Current public policy badge: direct payout · donation 1%.

2. Reward path

The current XEC architecture is designed so that ckpool runs in -x -B mode: miners mine with their own payout address, the winning miner is paid directly on-chain, and the pool keeps a 1% donation.

block solved → coinbase pays winning miner address → 1% donation paid to pool address

This avoids custodial pool payout handling and keeps the live reward flow simple and transparent.

3. Why payout is direct

Direct on-chain payout is currently used to keep the XEC solo pool model simple, transparent and verifiable.

  • The winning miner is paid directly by the solved block.
  • The pool does not need to hold miner balances or execute custodial payouts.
  • The pool retains only the configured 1% donation.
  • Verification is performed by checking the solved block coinbase outputs.
Manual custodial payout is not the active XEC mode. The current live model is direct miner payout with 1% donation.

4. Verification logic

After a block is solved, verification should be based on both:

  • the ckpool solved-block event in the pool log,
  • the actual on-chain coinbase outputs of the solved block.

This makes it possible to verify both the winning miner address and the 1% donation output.

5. Donation rule

The live fee policy currently exposed on this XEC pool is:

miner payout = total reward × 0.99 pool donation = total reward × 0.01

The donation is applied in the block reward flow itself, not later through a manual payout step.

This keeps the policy transparent: miners are paid directly, and the pool keeps only the explicit donation share.

6. Operational status

The current XEC runtime is based on:

  • Bitcoin ABC for the node layer,
  • ckpool for stratum and solo pool operation,
  • direct miner payout with a 1% pool donation.

This page intentionally avoids suggesting that a custodial pool wallet or a manual payout queue is part of the current XEC live architecture.

7. Contacts

For questions about fee policy, listing, configuration or pool access, use one of the contacts below.