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Creating a pool node (or pool) allows the owners of physical nodes to receive additional income from users who connect to their pool node. The demand for pool connections to someone else's physical node is due to the fact that not every user can purchase a physical node for various reasons.
Creating a node pool
To create a pool for a physical node, you need to go to the "My CRON NODE" section. If there is a connected and successfully working physical node, the button “Create pool” will appear there.
For a reward of 1000 CRON, you can generate 4 slots (serial addresses) to connect to your node pool. The fifth and each subsequent serial address is generated for an additional reward of 500 CRON. A maximum of 16 serial numbers can be generated for one physical node.
In the table of generated serial numbers, you can track the work with each of the users connected to the physical node, receiving the following data:
- daily profitability;
- total profitability;
- Commission (from 1 to 25%, set by the owner of the physical node, by default it is 10%, can be changed for inactive numbers);
- Serial number validity period (can be changed for inactive numbers, from 6 to 60 months).
Pool connection
Connection to the node pool is carried out in the “My CRON NODE” section. A future pool member who does not have his own physical node, enters the serial number provided to him by the owner of the physical node, agrees with the specified commission and user agreement.
After successfully connecting to the pool, the user will only have to replenish the generated pool node wallet for at least 100 CRON and start receiving rewards in accordance with the tariff plan of the physical node.
Calculation of rewards
All pool members and the owner of the physical node are automatically rewarded in accordance with the selected tariff plan for each day of successful operation of the node. The node owner's income from each pool member is formed as follows:
(N(TARIFF/100))/365)(COM/100))*0.8
Where:
⁃ N - the number of CRON coins on the pool node wallet of the connected partner;
⁃ tariff - tariff reward (percentage);
⁃ COM - commission in percentage set by the node owner when creating the pool serial number (no more than 25%, by default it is 10%).
Then the pool member’s income:
((N(TARIFF/100))/365)((100-COM)/100)
At the moment, participation in the pool is the most profitable option for starting investment in CRON coin. Given the high demand for CRON NODE equipment and the availability of pre-orders for several months in advance, the TIK Group of Companies and CryptOcean plan in the near future to make the possibility of entering the project and mining CRON coins as accessible as possible for investors of all levels.
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