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Topic: [20 gh] NMCBit pool 3% fee prop 6.6% PPS - page 10. (Read 63735 times)

sr. member
Activity: 462
Merit: 250
I heart thebaron
October 31, 2011, 01:23:00 PM
WHAT IS THE FINAL WITHDRAWL RATE OF EACH SHARE ON YOUR POOL ?
sr. member
Activity: 462
Merit: 250
I heart thebaron
October 31, 2011, 01:21:59 PM
DavinciL, please add the following, along with completing it....to the FIRST POST.

OCT31, 2011 PPS FEE - 0.000041537620702
NMCBIT POOL FEES:
3% withdrawl fee
6.6% PPS fee
etc.
etc.
NMCBIT MINERS ARE SUBJECT TO A TOTAL OF x.xx% IN FEES.

Final PPS NMCBIT =
hero member
Activity: 780
Merit: 510
Bitcoin - helping to end bankster enslavement.
October 31, 2011, 01:20:25 PM
Simple way to verify "full PPS amount before fees" is

PPS = (Block Reward)/(Current Difficulty)
PPS = (50.0)/( 1,203,728.07)
PPS = 0.000041537620702  or ~4154 satoshis.

http://dot-bit.org/tools/nextDifficulty.php

I charge a 6.6% amount on PPS plus a tax of 3% that totals almost 10% this was discussed earlier in this thread.
https://bitcointalksearch.org/topic/m.591138

I charge a 6.6% amount on PPS plus a tax of 3% that totals almost 10% this was discussed earlier in this thread.
https://bitcointalksearch.org/topic/m.591138
sr. member
Activity: 462
Merit: 250
I heart thebaron
October 31, 2011, 01:18:42 PM
Simple way to verify "full PPS amount before fees" is

PPS = (Block Reward)/(Current Difficulty)
PPS = (50.0)/( 1,203,728.07)
PPS = 0.000041537620702  or ~4154 satoshis.

http://dot-bit.org/tools/nextDifficulty.php

I knew all that......PLEASE EITHER USE QUOTE OR ADDRESS THE PERSON YOU ARE POSTING IN REGARDS TO.
I laid all that out above....the BTC share price, anyways.
donator
Activity: 1218
Merit: 1079
Gerald Davis
October 31, 2011, 01:17:14 PM
Simple way to verify "full PPS amount before fees" is

PPS = (Block Reward)/(Current Difficulty)
PPS = (50.0)/( 1,203,728.07)
PPS = 0.000041537620702  or ~4154 satoshis.

http://dot-bit.org/tools/nextDifficulty.php


w/ 6.6% fee would be (0.93)(0.000041537620702) = 0.000038796137736 PPS.
hero member
Activity: 780
Merit: 510
Bitcoin - helping to end bankster enslavement.
October 31, 2011, 01:16:44 PM
You are aware difficulty just dropped (as in < 12 hours ago).  The PPS rate now would be ~20% higher than yesterday.
Was that directed to me ? .....the one asking WHY HE IS NOT GETTING PAID ENOUGH ? AS IN A HIGHER RATE ?

Considering the Pool's current round is about 13.6hrs long and the rate is about 12 hours old...averaging doesn't even work as an argument.....especially with the Pool owner saying above, that the rate changed PRIOR TO THE LAST ROUND ENDING, yet I am still making less.

Code:
The last PPS was 0.0000317852781277
The current is              0.00003877729626660837
Am I missing something?  How are you getting less?
again, minus an additional 3%, correct ?
Correct.
sr. member
Activity: 462
Merit: 250
I heart thebaron
October 31, 2011, 01:15:35 PM
You are aware difficulty just dropped (as in < 12 hours ago).  The PPS rate now would be ~20% higher than yesterday.
Was that directed to me ? .....the one asking WHY HE IS NOT GETTING PAID ENOUGH ? AS IN A HIGHER RATE ?

Considering the Pool's current round is about 13.6hrs long and the rate is about 12 hours old...averaging doesn't even work as an argument.....especially with the Pool owner saying above, that the rate changed PRIOR TO THE LAST ROUND ENDING, yet I am still making less.

Code:
The last PPS was 0.0000317852781277
The current is              0.00003877729626660837
Am I missing something?  How are you getting less?
again, minus an additional 3%, correct ?
hero member
Activity: 780
Merit: 510
Bitcoin - helping to end bankster enslavement.
October 31, 2011, 01:14:30 PM
You are aware difficulty just dropped (as in < 12 hours ago).  The PPS rate now would be ~20% higher than yesterday.
Was that directed to me ? .....the one asking WHY HE IS NOT GETTING PAID ENOUGH ? AS IN A HIGHER RATE ?

Considering the Pool's current round is about 13.6hrs long and the rate is about 12 hours old...averaging doesn't even work as an argument.....especially with the Pool owner saying above, that the rate changed PRIOR TO THE LAST ROUND ENDING, yet I am still making less.

Code:
The last PPS was 0.0000317852781277
The current is     0.00003877729626660837
Am I missing something?  How are you getting less?
sr. member
Activity: 462
Merit: 250
I heart thebaron
October 31, 2011, 01:13:58 PM

Yes I am sure things are correct, the amount for PPS is 0.0000387772965451 /share not 0.00004154680413673219.
I charge a 6.6% amount on PPS plus a tax of 3% that totals almost 10% this was discussed earlier in this thread.

You will find the updated share amount on the front page.
at www.nmcbit.com
I guess that's what happens when I just get 'the cliff notes' as to what you post, because in the past, your anti-Deepbit percentage comparisons along with your 'mine with me because...' posts were always an inspring read.....but in the end it's all bullshit as it were.

BE CLEAR AND POST WHAT PEOPLE ACTUALLY GET FROM YOUR POOL. Not what they get during each part of the ming process....THEN SUBJECT TO THIS AND THAT.....

WHAT IS THE FINAL WITHDRAWL RATE OF EACH SHARE ON YOUR POOL ?
hero member
Activity: 780
Merit: 510
Bitcoin - helping to end bankster enslavement.
October 31, 2011, 01:07:09 PM
Well, there's obviously a problem then, atleast in my control panel.....

My current reporting says:

1.59642251 BTC  ...for... 41,169 shares.

Correct me if my math is a bit off, but, that is 0.00003877729626660837/share ....and you take your tax during withdrawl (so remove another 3% from that).

It should report:

0.00004154680413673219 (current full amount, no tax removed).


Using BTCG as an example (who tax BEFORE share payment, not during withdrawl), their current rate is 0.00003946949672652458/share, again, which already includes the removal of their 5% tax.

Are you sure things are correct ?


Yes I am sure things are correct, the amount for PPS is 0.0000387772965451 /share not 0.00004154680413673219.
I charge a 6.6% amount on PPS plus a tax of 3% that totals almost 10% this was discussed earlier in this thread.
https://bitcointalksearch.org/topic/m.591138

You will find the updated share amount on the front page.
at www.nmcbit.com

That value is always up to date.

If you did not receive 0.0000387772965451 for the last block then there is a problem and I will gladly fix it.



You are aware difficulty just dropped (as in < 12 hours ago).  The PPS rate now would be ~20% higher than yesterday.

Yes, and the system automatically updates the PPS amount when the difficulty changes.  When I find some time I will code in to the stats page current diff, Next estimated Diff current PPS and Next estimated PPS and estimated time before next change.
sr. member
Activity: 462
Merit: 250
I heart thebaron
October 31, 2011, 12:50:53 PM
You are aware difficulty just dropped (as in < 12 hours ago).  The PPS rate now would be ~20% higher than yesterday.
Was that directed to me ? .....the one asking WHY HE IS NOT GETTING PAID ENOUGH ? AS IN A HIGHER RATE ?

Considering the Pool's current round is about 13.6hrs long and the rate is about 12 hours old...averaging doesn't even work as an argument.....especially with the Pool owner saying above, that the rate changed PRIOR TO THE LAST ROUND ENDING, yet I am still making less.
donator
Activity: 1218
Merit: 1079
Gerald Davis
October 31, 2011, 12:44:02 PM
You are aware difficulty just dropped (as in < 12 hours ago).  The PPS rate now would be ~20% higher than yesterday.
sr. member
Activity: 462
Merit: 250
I heart thebaron
October 31, 2011, 12:07:26 PM
Well, there's obviously a problem then, atleast in my control panel.....

My current reporting says:

1.59642251 BTC  ...for... 41,169 shares.

Correct me if my math is a bit off, but, that is 0.00003877729626660837/share ....and you take your tax during withdrawl (so remove another 3% from that).

It should report:

0.00004154680413673219 (current full amount, no tax removed).


Using BTCG as an example (who tax BEFORE share payment, not during withdrawl), their current rate is 0.00003946949672652458/share, again, which already includes the removal of their 5% tax.

Are you sure things are correct ?
hero member
Activity: 780
Merit: 510
Bitcoin - helping to end bankster enslavement.
October 31, 2011, 11:22:13 AM
has the new BTC PPS rate been updated yet ?
Yes it's automatic in fact you made more money on the last round because the difficulty changed at the end of the round so you got a bonus if you are on PPS.

So be happy Smiley
sr. member
Activity: 462
Merit: 250
I heart thebaron
October 31, 2011, 10:41:58 AM
has the new BTC PPS rate been updated yet ?
hero member
Activity: 780
Merit: 510
Bitcoin - helping to end bankster enslavement.
October 29, 2011, 11:54:48 PM
Why such a sudden adjustment to the NMC-to-BTC rate ?
After checking exchange rates to compare, would it be safe to assume that the pools exchange rate now includes convenience overhead ?
sorry I don't have an automated system I will one day but I want to come up with a transparent solution and not a security by obscurity system.  Meaning it needs to manipulative proof so people don't place a bunch of micro bids and thus it must scale to detect foolishness like placing large bid under the market.

For example exits right now there is large bit at 0.02 and large gap down to 0.0169  clearly the owner of that bit should move down to 0.017.

Finally I can't constantly watch the market so I'm leaving it at 0.015 for now, while I get other things done.  You can wait or sell it yourself it's up to you.
hero member
Activity: 780
Merit: 510
Bitcoin - helping to end bankster enslavement.
October 29, 2011, 11:10:43 PM
New Asian Server on line. 
Connect to
Code:
AS1.NMCBIT.COM 

Its located in Singapore try it out let me know.
hero member
Activity: 780
Merit: 510
Bitcoin - helping to end bankster enslavement.
October 29, 2011, 11:08:37 PM
After comparing times to the 'Found NMC Block List' on the pool, it seems as though my NMC stats are in fact over 5 hrs off and I have not gotten credit for the last 5 blocks.

All the blocks on the Statistics page that have a " * "  behind them have not been paid yet

Has been like this for some time

Hope that helps,

Brat
The validation check failed.

I fixed it.
sr. member
Activity: 462
Merit: 250
I heart thebaron
October 29, 2011, 08:49:42 PM
After comparing times to the 'Found NMC Block List' on the pool, it seems as though my NMC stats are in fact over 5 hrs off and I have not gotten credit for the last 5 blocks.

All the blocks on the Statistics page that have a " * "  behind them have not been paid yet

Has been like this for some time

Hope that helps,

Brat
LOL....I actually had no idea. That completely makes sense now. 5 blocks it is.
hero member
Activity: 868
Merit: 1000
October 29, 2011, 08:47:49 PM
After comparing times to the 'Found NMC Block List' on the pool, it seems as though my NMC stats are in fact over 5 hrs off and I have not gotten credit for the last 5 blocks.

All the blocks on the Statistics page that have a " * "  behind them have not been paid yet

Has been like this for some time

Hope that helps,

Brat
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