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Topic: [150TH] [PPLNS 0.5%] Jonny's Mining Emporium (bravo-mining.com) - page 59. (Read 267195 times)

legendary
Activity: 1344
Merit: 1023
Mine at Jonny's Pool
Sweet I just realized I was the first person to find a block with my own equipment on this pool  Cool Too cool!!! Too bad there wasn't a bonus for that Roll Eyes   It's all good just finding the block is bonus enough Grin

I'm just extremely stoked!! Have a good night guys!
You know what?  That's a promotion I should have run...

So, because you are the very first person to find a block on the pool with your own hardware, I'm sending you a 1BTC bonus.

TxID: 6df847a410d657ef2b833ece533b063fe92c8d959cb24edb6326cd5185293e1a

Awesome job and let's keep the lovely green trend with block 8!
sr. member
Activity: 392
Merit: 252
i did my first rental from nicehash still aint got a clue but i did it hahaha
legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'
Sent you some Coin Jonny. Just over 0.1. Cant pull transaction ID with  Coin Basic mobile app but you should see it.

I got it, thanks!  I was just about to post on here about the mystery coin I received.  You certainly cleared it up Tongue.

Amazing lucky block, glad I turned my machine back on just in time!  Unfortunately weather is warm again so it's back to night-only mining.

All 3 payments received, thank you!

By the way - we aren't even at N yet. The pool has total shares of 662,007,564,425.  5N is 893,391,538,360.  Everybody is still in the "ramp up" phase.
That's interesting, what does it mean in terms of pay outs?  I mean, I understand that no one would receive a "full payout" until 5N, and since no one is at 5N does that mean there is extra coin sitting in the pool that hasn't been paid out?
No, there is no extra coin sitting in the pool.  All it means is that when the payouts are calculated, it uses every single share ever submitted in the calculation.  Once that total meets or exceeds the 5N, then only that number of shares would be used.

Yeah  so I did not mine first block which lowers me a bit each block after that until we reach 5n.
legendary
Activity: 1274
Merit: 1000
No, there is no extra coin sitting in the pool.  All it means is that when the payouts are calculated, it uses every single share ever submitted in the calculation.  Once that total meets or exceeds the 5N, then only that number of shares would be used.
Gotcha.  Would there be value in changing that value until the pool is larger?

Just to think out loud, like a PPS sort of system right now might be interesting, meaning if each user were paid just for the ratio of their shares submitted on the solved block to how many total shares the pool submitted before solving the block.  It would have meant larger payouts for those mining the quick luck blocks.
legendary
Activity: 1344
Merit: 1023
Mine at Jonny's Pool
Sent you some Coin Jonny. Just over 0.1. Cant pull transaction ID with  Coin Basic mobile app but you should see it.

I got it, thanks!  I was just about to post on here about the mystery coin I received.  You certainly cleared it up Tongue.

Amazing lucky block, glad I turned my machine back on just in time!  Unfortunately weather is warm again so it's back to night-only mining.

All 3 payments received, thank you!

By the way - we aren't even at N yet. The pool has total shares of 662,007,564,425.  5N is 893,391,538,360.  Everybody is still in the "ramp up" phase.
That's interesting, what does it mean in terms of pay outs?  I mean, I understand that no one would receive a "full payout" until 5N, and since no one is at 5N does that mean there is extra coin sitting in the pool that hasn't been paid out?
No, there is no extra coin sitting in the pool.  All it means is that when the payouts are calculated, it uses every single share ever submitted in the calculation.  Once that total meets or exceeds the 5N, then only that number of shares would be used.
full member
Activity: 206
Merit: 100
Sent you some Coin Jonny. Just over 0.1. Cant pull transaction ID with  Coin Basic mobile app but you should see it.
legendary
Activity: 1274
Merit: 1000
Amazing lucky block, glad I turned my machine back on just in time!  Unfortunately weather is warm again so it's back to night-only mining.

All 3 payments received, thank you!

By the way - we aren't even at N yet. The pool has total shares of 662,007,564,425.  5N is 893,391,538,360.  Everybody is still in the "ramp up" phase.
That's interesting, what does it mean in terms of pay outs?  I mean, I understand that no one would receive a "full payout" until 5N, and since no one is at 5N does that mean there is extra coin sitting in the pool that hasn't been paid out?
legendary
Activity: 1344
Merit: 1023
Mine at Jonny's Pool
Block 407333 has matured and your balances are now available for withdrawal.  If you have auto-payouts set, your payments have already been sent and confirmed.
sr. member
Activity: 461
Merit: 306
Really happy for you guys, now toss some of that luck our way pretty please, with sugar on top?  Grin
full member
Activity: 206
Merit: 100
At first i was not sure about doing rental but glad i did now it found a block.
sr. member
Activity: 294
Merit: 250
Loving this run of luck!

Maybe one day I'll pay off all of the gambling I've done trying to earn more BTC Smiley  (ie rentals at various places!)

keep bringing on the blocks
legendary
Activity: 1344
Merit: 1023
Mine at Jonny's Pool
well done another block guys !

quick question i was mining at 5.6 Ths and only had 0.00754981 BTC how is this ?
I will indeed address this, as it pertains not only to you, but to everyone mining here.

This pool uses PPLNS to payout miners.  The "N" value is 5 times the current network difficulty.  For lack of a better term, there is a "ramp-up" time and a "ramp-down" time.  I explained how PPLNS works in another post, and I'm quoting it here in hopes it explains PPLNS a bit more clearly.

Quote
Assume you have an empty glass in front of you.  Now, you start pouring water into the glass.  Every now and then I'm going to come by and take a look at that glass and measure how much water you've got in it.  The first time I come by, you've got the glass only 1/5th of the way full.  I mark that down and pay you for 1/5th of a glass of water.  I come by a while later and you've got the glass 2/5 full.  OK, I mark it down and pay you for 2/5 of a glass of water.  This continues until the glass is full of water.  Once your glass is full I pay you for a full glass of water, but I also now open a valve at the bottom of the glass so that water drains out as fast as you're pouring it in.  In this fashion, your glass will always be full of water and every time I stop by, I see you've got a full glass and pay you for it.

Eventually, you stop pouring water into the glass.  However, that valve is still open, so the water is draining at the same rate you were pouring.  When I stop by the next time, I see you've only got 4/5 of a glass, so I pay you for that much.  The time after that, the glass is only 3/5 full, so I pay you for that.  This continues until the glass is empty.

In my story above, every time I stopped by is equivalent to the finding of a block.  I see how much water you have in the glass and pay you for however much is there.  My story assumed I stopped by at even intervals of time, so you'd always know when to expect me.

So, how does luck play into it?  Well, every time I stopped by, I made sure to calibrate that valve on the bottom of the glass.  If I stopped by more often than expected, I'd mark you down and pay you.  If I stopped by less than expected, the valve would clog up and the water you were pouring in would slosh over the edge of the glass and be wasted.  When I finally did stop by, I would notice you had a full glass, and pay you for it, then fix the valve so that the pour rate equaled the drain rate.

By the way - we aren't even at N yet. The pool has total shares of 662,007,564,425.  5N is 893,391,538,360.  Everybody is still in the "ramp up" phase.
legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'
simply amazing run of luck.  we must of grabbed it off kano.is pool

so I did about .5 in rentals and got back 1.2 for these last 3 blocks

It would be very nice to see a fourth one. 

legendary
Activity: 1344
Merit: 1023
Mine at Jonny's Pool
Absolutely unbelievable!

Block 407382 was submitted with a value of 25.48591188BTC.  It contained 1603 transactions.

Code:
2016-04-15 07:33:30 [Pool]      [bitcoin] (Thread 7) Block found: 000000000000000000382d4eab7127bb5d8e58f73ac9ae421eb21b25d513616d by OneInchwonder.user2
2016-04-15 07:33:30 [Pool]      [bitcoin] (Thread 7) Share accepted at diff 140445.06464964/5010427286313.26562500 by OneInchwonder.user2

OneInchWonder absolutely crushing it with a 5T share!

We now have a new winner for luck.  Rozo's record stood for less than 24 hours.  This block comes in at 5.9% of expected shares.

Onto block 8!
hero member
Activity: 543
Merit: 500
Real nice to wake up to! Nice job OneInchWonder  Grin Grin
full member
Activity: 200
Merit: 103
Hello Bitcoin World!!
Absolutely amazing we got another block last night!!! Go guys!!!!

Congrats OneInchWonder
full member
Activity: 200
Merit: 103
Hello Bitcoin World!!
Sweet I just realized I was the first person to find a block with my own equipment on this pool  Cool Too cool!!! Too bad there wasn't a bonus for that Roll Eyes   It's all good just finding the block is bonus enough Grin

I'm just extremely stoked!! Have a good night guys!

So, is it means you're staying here?

Hi LASERminer and yes it does  Cool
sr. member
Activity: 392
Merit: 252
i was on the block as soon as the one before it was found ill give him a shout soon i might of done something or a miner might have failed
full member
Activity: 121
Merit: 100
well done another block guys !

quick question i was mining at 5.6 Ths and only had 0.00754981 BTC how is this ?

it depends for how long you have been mining on the found block. but if you address the issue to johnny he will give you a more clear explanation...
full member
Activity: 206
Merit: 100
Sweet I just realized I was the first person to find a block with my own equipment on this pool  Cool Too cool!!! Too bad there wasn't a bonus for that Roll Eyes   It's all good just finding the block is bonus enough Grin

I'm just extremely stoked!! Have a good night guys!

So, is it means you're staying here?
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