Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com - page 73. (Read 829901 times)

I already quoted this a few days ago.
But maybe it's not bad to repeat it again and again...

Someone who understands mining and difficulty.  This is so rare to see in this thread. <3 <3 <3

Ah, the casual drive-by Sunday miner technique. Yes, it appears ineffective against variance, but remember that if 100 people did what you did, one of them would get a bigger payout.

About the reject, does it matter if everyone else has the same rejects?

But I only mine for about 12-15 minutes on any given server.  I tested Middlecoin for a few minutes and it was giving me like soooo many rejects.   Bumps that yo.

So it evens out in the end...

Maybe not for middlecoin, but for fast coins on pools that pay out PPLNS, it can be beneficial to submit more frequent, smaller shares (under vardiff).  Take a round that only has a few submitted shares before it is solved.  On at least one of the pools I mine against, if you didn't submit any shares in a given round, regardless of your PPLNS shares, you get zilch, zero, nada.  If you submit even 1 share, you get your full PLNS value, which generally nets a huge payout on really short rounds.  I experimented with running one of my machines with 4 instances of the mining application, using 4 different worker names instead of lumping them all in once instance, and the payout appeared slightly higher.  Because of variability in payouts in day-to-day mining I couldn't say it was significantly better so I ditched it - It was just more work and maintenance than it was worth.

I really don't understand this line of thinking...

1MH/s = 1MH/s = 1MH/s

Doesn't matter if you are using 2 cards or 200... you are still submitting the same amount of hashes that has the same percentage of being within the target difficulty to submit a share or solve a block.

The .plan is for H2O to count each share equally, but we're not there yet (unless I missed the memo).

Given the fast switching, I was wondering whether having more cards with a lower hashrate would be more advantageous than having less but faster ones, for the same total hashrate. I'd love to see some empirical data.

I've been meaning to stir this pot... since everyone has their popcorn, let me rile the noobtives...

People complain that other with the same hash rate make more than them.  How is that possible?  Everyone chimes in with various answers.

People complain about the high difficulty and how they can't even mine because it's "too high for my lowly system".  The answer is that the high diff doesn't matter.*

Now the fun part. *hands wringing*

Because this is a multi-coin pool, different coins during a given day are going to be worth more or less than other coins during that same day.  On days where we rarely switch coins, none of the above really matters...  On days with frequent coin switches, the people with big hash rates will likely submit shares on all coins, and none of the above really matters either to them.

If you don't have big hashrate, and we make frequent coin switches, or even just switch to a really fast coin whose difficulty adjusts rapidly, you're gonna have a bad time if you think you're going to get the best payout ever.  I hate to throw out logic in this thread, but if you don't submit shares during some of the fast rounds it just isn't going to add up the same way as the folks who do get shares in.  Identical hashrates submitting shares during the identical 24 hour period may not wind up with the same payout because when you submit those dozen diff 1024 shares is a variable that can't be accounted for in Average hash or average coin price or any other metric.  Except payout.

Of course, if H20 counts all shares for all coins equally, the above is going to be silly and I'm wrong, but at least I'm poking the bear, and maybe some folks will actually stop to think for themselves before whining.  Those who know, this doesn't apply to you - enjoy the show.  But if you think it doesn't apply to you, it really applies *specifically* to you.

Could you please share with us your mouse settings ?

Maybe you should go to a VARDIFF pool to get more clicks out of it.

Sometimes my mouse does not click fast enough but i am sure i have a second mouse ready so i can go to a forum and complain about it.

 

..reminds me of the "can't afford to eat my nervous" post

Wow people are seriously retarded+lazy in this thread. That's what 'easy' money does i guess.  

The best  

This should be in the hall of fame of middlecoin posts.

From https://www.litecoinpool.org/help

Now that was funny.

+1
rofl...

difcultiee increseeed now my mouse don't worken ..

wtf?? h20 left the forooom!?!?!???!

i know 512, cuz 256 was 99 in meeeeedough.....bit mfffff mouse since 1024 dificultiee _BUT_ NOT SPINING!!!!!!

red!!!!!!!! chart over there....

cgminer.exe -u HIDDEN -p ??not telling --submit-bs 10000