Thats an interesting complaint because its what happens in a normal market. People who profit are seen as negative and destructive.
The basis for plain capitalism is open competition and sometimes people lose money but the idea is society benefits overall even from the failure.
Look up Adam smith and luddism, its why the Fed is doing the opposite, avoiding pain, losses, flooding markets with money and then in turn we are here with virtual coins, are we to copy the Fed creating free money ? Im slightly clueless why are these coins even worth anything, it has to be we are not money printers but worth more somehow
Im newly testing out your LTC port trying to figure out how my cgminer's reported 1000+ shares comes out the sausage machine as an actual coin at some point. I used to mine on Slush pool and so long as its not going to return zero if I have to log off, I'll figure it out. I guess as the pool bulk is elsewhere the ltc coin is taking forever to mine, hence I'll get paid eventually even if I have to stop cg now
You can view the time cutoff for each coin on the Pool Stats pages.
That would be the 4 hour round time for 1 'shift' a bit like the guild layout?
Yes, that's correct. The round time is like a shift.
The reason we use time-based PPLNS is because the multiport miners can switch to any coin at any time and we want to make sure the payment is fair between both sets of miners (multiport and dedicated).
If we use share-based PPLNS what happens is the multiport miners push the dedicated miners' shares out of the round rather quickly. Then, when the multiport miners leave the hashrate drops considerably and the multiport miners continue to have their shares paid for any found blocks while the multiport is mining something else.
I used 4 hours for LTC because at the time we had about 80-100 dedicated MH on LTC and about 400 MH on the multiport. Now, we have about 750 MH on the multiport and 30-40 MH on LTC. So perhaps it's appropriate to change the round time to something even lower at this point.
Makes me wonder why there is fixed round time and it just does not take all the shares up to the time when block is found (what is usually called round).
