Patent ID: 11875315
Assignee: ANTPOOL TECHNOLOGIES LIMITED
Field: IT methods for management (Electrical engineering)
Classification: CPC G  H | IPC G

Claim 3:
4. A virtual currency settlement apparatus for a cryptocurrency mining pool system, comprising:
a memory storing one or more computer programs; and
a processor coupled to the memory and configured to perform:
detecting that a mining node is accessing the cryptocurrency mining pool system;
acquiring a node identifier associated with the mining node;
acquiring two or more settlement currency types set by a user;
storing the node identifier and the two or more settlement currency types in a storage device;
in response to two or more settlement currency types being acquired, determining a priority rank of the two or more settlement currency types;
identifying a settlement currency type according to the priority rank of the two or more settlement currency types, wherein if the cryptocurrency mining pool system is unable to make a determination of a settlement is based on a settlement currency type with the highest priority rank, identifying a settlement currency type of a next priority rank;
settling with a the mining node according to a type of a first virtual currency so that the cryptocurrency mining pool system acquires the first virtual currency from the mining node;
according to the identified settlement currency type, transacting with an exchange institution to exchange an amount in the first virtual currency into an amount in a second virtual currency, the second virtual currency having a same currency type as the settlement currency type; and
transferring the amount of the second virtual currency to an account.