Referrals

How Mining Pool Referrals Work

The Luxor Mining Pool Referrals system involves two key parties:

• Referrer: A user who generates a referral code. When new users (referees) sign up using this code, the referrer earns a percentage of the pool discount rate that would have otherwise been collected by Luxor. These earnings are credited to a designated subaccount.
• Referee: A new miner who enters a referral code during signup. Instead of Luxor collecting the full pool discount rate, a portion (10% by default) is redirected to the referrer.

Managing Referral Codes

Referral codes are created and managed at the workspace level. You can view all the referral codes associated with a workspace by navigating to the workspace page and then going to the referrals tab. From the referrals tab, you can:

• View a list of all active referral codes, along with details for each code:
  • Percentage of the referee's pool discount rate earned by the referrer as referral rewards
  • Expiration date (1 year from creation)
  • Usage count
  • Total revenue earned
  • Destination subaccount for earnings
• Create new referral codes, specifying the code and the associated subaccount
• Delete referral codes that are no longer needed
• Track referral earnings

Entering Referral Codes

When signing up for a New Luxor Account, new users have the option to enter a referral code. When a valid referral code is provided, the revenue-sharing mechanism is activated for that user.

Custom Referral Agreements

For referrers who plan on bringing sizable amounts of users or hashrate to the pool, custom referral agreements can be made. Please contact us for more information.