Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool - page 628. (Read 4382755 times)

Why should my reward go down?
The frequency in which i find blocks with a given difficulty does not depend on the network hashrate in any way.

Sorry I beg to differ. Difficulty is simply a reflection of hash rate - not the other way around. Hash rate is the master - difficulty comes into play in an attempt to make 1 block be found every 10 mins. If someone plugged in a 100 TH miner into the network then it would take a while for difficulty to adjust - but your reward would go down straight away.

2) and 3) is not true until difficulty adjusts - so you earn less in the long run, but until the next retarget everybody just earns more, because due to increased network hashrate, blocks will be found more frequently than every ten minutes.

Exactly

Your hash rate should be stable - it will fluctuate slightly depending on individual worker luck - but if you had about 2 GH/s last week, then you should still have 2 GH/s this week. This is regardless of difficulty increases, increases in the pool hash rate or increases in the network hash rate.

That is the easy bit - your own hash rate is a relative constant.

Now, assuming your own hash rate remains constant (and you are not adding in lots of usb miners - so you stay at 2 GH/s):

1) If the pool hash rate increases but the total network hash rate stays the same (so in other words, other existing miners move their rigs over to slush's pool)?

Then you should expect to find blocks more frequently - but your share of the payouts will go down slightly. Net effect is you earn the same over a week.

2) If slush's pool hash rate remains the same but the overall network hash rate increases?

Then you should expect to find blocks less frequently - but your share of the payouts will remain the same. Net effect is you earn less per week.

3) More typically, if slush's pool hash rate increases and the total network hash rate increases proportionally?

Then you should expect to find blocks relatively consistently - but your share of the payouts will go down. Net effect is you earn less per week.

Pools hashrate does not matter, really.
The higher it is, the smoother your earnings will be, but its either bigger parts of fewer blocks or smaller parts of more blocks, average the same, as long as the difficulty stays the same.

I'm confused, people are complaining about the increase in the pool's hash rate because their return per block has gone down? If our hashrate goes down, doesn't some other pool's hashrate go up and they get more blocks while we get fewer blocks?

Personally, since the entire Bitcoin hash rate is rising, i think that i'd prefer a smaller piece of more blocks. the only way to increase or maintain your earning rate is to increase your own hash rate.

Activity & new membergroup limits in the Meta section is now a more appropriate link.

The magical number of 42 is not only the Answer to the Ultimate Question of Life, the Universe, and Everything, but also 3*14. That means that these "oldtimers" have been posting through three fortnights at best.

bitparking needs your spare hashes - admirable pool - only 2-4TH/s normally but they offer NMC, DVC and IXC when you mine BTC.

https://bitcointalksearch.org/topic/m.2565283

https://bitcointalksearch.org/topic/membergroups-or-why-do-some-users-get-colored-coins-under-their-names-86580

Bitminter has a payout threshold as low as 0.01 and with its PPLNS it's seems to be a good backup pool IMHO

Which pool do you suggest as a backup? As I have only about 500 MHash/s I want pool with small minimum payout.

My activity count is almost identical to what my post count was before the change.

Call me crazy, but I'm one of the rare posters who actually tries to stick to meaningful and helpfull topics when I post...

Yeah - what's up with that?  I see all these old timers running around with activity = 42.  Did I miss some announcement?

Yeah - my estimated earnings climbed from .0131 to  a whopping .0135 per block 

cruel funny too! especially with the new "RULES" it is basically impossible to get to 55.
I am beginning to think 42 is on my back

not 24 hours... the 3 hour of down time shaved it off....
now need to shave off another 2,000gh/s and get back to better earnings!

Of COURSE it was a joke.  And it's still very funny...

Looks like slush is down 1000+ ghash in the last 24 hours.

Sorry I ever started this now https://bitcointalksearch.org/topic/m.2440026 - it was a joke...

Without 55 activity, you cant even post in here.