Introducing minerstat Credits

minerstat
minerstat
Published in
4 min readMay 19, 2021

Minerstat Credits (msc) is an innovative cashback reward system powered by the pools and services that agreed to give back to the mining community.

All minerstat users can participate and start collecting msc by simply pointing their workers to Ezil.me pool and then use collected msc towards a discount for the minerstat subscription. If you are already mining on Ezil.me pool then you don’t have to do anything else as you are already collecting the credits.

We are looking forward to extending the program and adding more functionalities, pools, and services.

How does it work?

When you open the Credits page the msc credits policy will meet you, explaining basic things you need to understand about the credits:

  1. Credits have no value outside minerstat and that Credits are not withdrawable/convertible to fiat money or cryptocurrency/token.
  2. Credits will be reset to zero after 45 days of the last deposit or if the account gets deleted.

After you read and agree with the policy, a credits dashboard will open up for you.

On the left side, you will find the pools and services that are participating in the program, and on the right side, you will find your credits and latest events (earning or spending the credits). Each pool has a different billing interval, but every time the pool shares its fee, you will see an event that increases your msc value.

How to participate?

To participate in the program, you can start mining to any of the pools that joined the program. Instructions on how to connect are available on each pool’s tile on the Credits page. You don’t have to provide any additional data to or change your configuration, just follow the instructions and connect as you would connect to any other pool. Within one hour, the pool or service will start depositing msc to your account.

Nothing changes for you - the fees on the pool stay the same and you are earning the same as before. Pool, on the other hand, shares a certain part of their fees to provide the credits for you, which brings you the discount on your next purchase of minerstat subscription.

Credits from different pools or services will sum up. Credits can also be given to you for participating in various tasks, or as a gift from the minerstat staff.

How to spend credits?

You can spend credits at any time when you place the order - either it is just a few cents, custom amount, or full amount of credits you have on your account. If you spend all credits and your order price is 0 EUR, you can upgrade your account for free.

Just enter the number of credits in the special field and click [Use credits] to apply credits to the summary of your invoice.

When upgrading your minerstat account then 1 msc will equal 1 EUR.

What happens with unspent credits?

Unspent credits will wait for you on your account until:

  • You spend them;
  • They expire;
  • Your account gets deleted (either by you or the system).

If you don’t need as many credits as you have, you can also include a minerstat+ add-on to your account to get special themes and longer historical charts.

We also have plans to add a gifting option so you will be able to gift your credits to other minerstat users.

Pools participating

Currently, the following pools are participating in the program:

Ezil.me

Ezil.me is a pool that will switch between Ethash coin (ETH or ETC) and ZIL to optimize the earnings. How to connect?

  • Reward method: PPS / PPLNS
  • Coins: ETH+ZIL, ETC+ZIL
  • Fee: 1%
  • Fee cashback: 50%

Join minerstat

Want to take your mining monitoring and management to the next level? Join minerstat and start for free.

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