Topic: [ANN][The Original Multipool - Scrypt/SHA256/Scrypt-N/X11] multipool.us - page 211. (Read 424232 times)

Quote from: Aurum on July 16, 2013, 11:56:12 AM

Would a solution be to rotate at least one cycle per day through each coin mined in the last 24 hours to preserve our shares???

Your older shares would expire. Here how it works: Every share you have found has a timestamp and would get rewarded for the next 24 hours for each found block during the 24 hour period.

Thanks for clarifying that. So, unless we find a block in less than 24 hours everyday then we will forfeit some shares. Clearly we don't have the critical mass to mine LTC in MultiPort. Compare that to WeMineLTC where they've found over 50 blocks today, 6,000 versus 500 MH/s.

So where would I get paid more if I left a miner dedicated to LTC 24x7???

On average (given current hash rate of multipool of around 450MHs) around 12 LTC blocks will be found each day (assuming dedicated LTC mining), so each found share would be rewarded around 12 times. So, multipool has critical mass to mine LTC.

I agree for a dedicated LTC miner on MultiPool. I make more in MultiPort 7777. But, if 7777 does not spend enough time on LTC every day then I'm forfeiting shares.

Yes, some shares can expire without any reward given to them (unlikely), on the other hand some other shares would get double or tipple reward. On average you are still better off by mining MP than LTC directly.

Well it's not exactly double or triple reward. I think the easiest way to think about it is that you get paid for each block based on your average hashrate on that coin for the past X amount of time (24 hours in the case of LTC)

If you stop submitting shares, your average hashrate drops and so does your reward. So if you mine for 4 hours and stop, you will get paid for any blocks found within the next 24 hours, but your payments will be consecutively smaller for each block that is found. If you keep mining, your payments will remain close to the same. (depending on pool hashrate, obv).

kslavik

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Quote from: kslavik on July 16, 2013, 11:49:07 AM

Quote from: flound1129 on July 16, 2013, 11:54:56 AM

Would a solution be to rotate at least one cycle per day through each coin mined in the last 24 hours to preserve our shares???

Your older shares would expire. Here how it works: Every share you have found has a timestamp and would get rewarded for the next 24 hours for each found block during the 24 hour period.

Thanks for clarifying that. So, unless we find a block in less than 24 hours everyday then we will forfeit some shares. Clearly we don't have the critical mass to mine LTC in MultiPort. Compare that to WeMineLTC where they've found over 50 blocks today, 6,000 versus 500 MH/s.

So where would I get paid more if I left a miner dedicated to LTC 24x7???

On average (given current hash rate of multipool of around 450MHs) around 12 LTC blocks will be found each day (assuming dedicated LTC mining), so each found share would be rewarded around 12 times. So, multipool has critical mass to mine LTC.

I agree for a dedicated LTC miner on MultiPool. I make more in MultiPort 7777. But, if 7777 does not spend enough time on LTC every day then I'm forfeiting shares.

Yes, some shares can expire without any reward given to them (unlikely), on the other hand some other shares would get double or tipple reward. On average you are still better off by mining MP than LTC directly.

Aurum

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Activity: 453

Merit: 250

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Quote from: Aurum on July 16, 2013, 11:43:39 AM

Quote from: flound1129 on July 16, 2013, 11:39:16 AM

Quote from: kslavik on July 16, 2013, 11:49:07 AM

Would a solution be to rotate at least one cycle per day through each coin mined in the last 24 hours to preserve our shares???

Your older shares would expire. Here how it works: Every share you have found has a timestamp and would get rewarded for the next 24 hours for each found block during the 24 hour period.

Thanks for clarifying that. So, unless we find a block in less than 24 hours everyday then we will forfeit some shares. Clearly we don't have the critical mass to mine LTC in MultiPort. Compare that to WeMineLTC where they've found over 50 blocks today, 6,000 versus 500 MH/s.

So where would I get paid more if I left a miner dedicated to LTC 24x7???

If you want to mine LTC dedicated you will certainly get more consistent payouts at a dedicated LTC pool that has a higher hashrate than Multipool.

That's not to say you'd get paid more. Our pool could have a lucky day and our miners could make more than the give-me-ltc miners. We also have the feature of switching to more profitable currencies automatically.

It feels like it would be wise to leave a dedicated miner on 3334 and the rest in MP.

While I certainly won't complain about having more dedicated hashrate on the LTC port, I don't think that's the most profitable thing to do

What is the most profitable thing to do??? Keep all miners in 7777???

Aurum

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Activity: 453

Merit: 250

dfgfdgfdg

Quote from: Aurum on July 16, 2013, 11:43:39 AM

Would a solution be to rotate at least one cycle per day through each coin mined in the last 24 hours to preserve our shares???

Your older shares would expire. Here how it works: Every share you have found has a timestamp and would get rewarded for the next 24 hours for each found block during the 24 hour period.

Thanks for clarifying that. So, unless we find a block in less than 24 hours everyday then we will forfeit some shares. Clearly we don't have the critical mass to mine LTC in MultiPort. Compare that to WeMineLTC where they've found over 50 blocks today, 6,000 versus 500 MH/s.

So where would I get paid more if I left a miner dedicated to LTC 24x7???

On average (given current hash rate of multipool of around 450MHs) around 12 LTC blocks will be found each day (assuming dedicated LTC mining), so each found share would be rewarded around 12 times. So, multipool has critical mass to mine LTC.

I agree for a dedicated LTC miner on MultiPool. I make more in MultiPort 7777. But, if 7777 does not spend enough time on LTC every day then I'm forfeiting shares.

flound1129

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Activity: 938

Merit: 1000

www.multipool.us

Quote from: flound1129 on July 16, 2013, 11:39:16 AM

Would a solution be to rotate at least one cycle per day through each coin mined in the last 24 hours to preserve our shares???

Your older shares would expire. Here how it works: Every share you have found has a timestamp and would get rewarded for the next 24 hours for each found block during the 24 hour period.

Thanks for clarifying that. So, unless we find a block in less than 24 hours everyday then we will forfeit some shares. Clearly we don't have the critical mass to mine LTC in MultiPort. Compare that to WeMineLTC where they've found over 50 blocks today, 6,000 versus 500 MH/s.

So where would I get paid more if I left a miner dedicated to LTC 24x7???

If you want to mine LTC dedicated you will certainly get more consistent payouts at a dedicated LTC pool that has a higher hashrate than Multipool.

That's not to say you'd get paid more. Our pool could have a lucky day and our miners could make more than the give-me-ltc miners. We also have the feature of switching to more profitable currencies automatically.

It feels like it would be wise to leave a dedicated miner on 3334 and the rest in MP.

While I certainly won't complain about having more dedicated hashrate on the LTC port, I don't think that's the most profitable thing to do

kslavik

sr. member

Activity: 441

Merit: 250

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Quote from: flound1129 on July 16, 2013, 11:39:16 AM

Would a solution be to rotate at least one cycle per day through each coin mined in the last 24 hours to preserve our shares???

Your older shares would expire. Here how it works: Every share you have found has a timestamp and would get rewarded for the next 24 hours for each found block during the 24 hour period.

Thanks for clarifying that. So, unless we find a block in less than 24 hours everyday then we will forfeit some shares. Clearly we don't have the critical mass to mine LTC in MultiPort. Compare that to WeMineLTC where they've found over 50 blocks today, 6,000 versus 500 MH/s.

So where would I get paid more if I left a miner dedicated to LTC 24x7???

On average (given current hash rate of multipool of around 450MHs) around 12 LTC blocks will be found each day (assuming dedicated LTC mining), so each found share would be rewarded around 12 times. So, multipool has critical mass to mine LTC.

Aurum

sr. member

Activity: 453

Merit: 250

dfgfdgfdg

Would a solution be to rotate at least one cycle per day through each coin mined in the last 24 hours to preserve our shares???

Your older shares would expire. Here how it works: Every share you have found has a timestamp and would get rewarded for the next 24 hours for each found block during the 24 hour period.

Thanks for clarifying that. So, unless we find a block in less than 24 hours everyday then we will forfeit some shares. Clearly we don't have the critical mass to mine LTC in MultiPort. Compare that to WeMineLTC where they've found over 50 blocks today, 6,000 versus 500 MH/s.

So where would I get paid more if I left a miner dedicated to LTC 24x7???

If you want to mine LTC dedicated you will certainly get more consistent payouts at a dedicated LTC pool that has a higher hashrate than Multipool.

That's not to say you'd get paid more. Our pool could have a lucky day and our miners could make more than the give-me-ltc miners. We also have the feature of switching to more profitable currencies automatically.

It feels like it would be wise to leave a dedicated miner on 3334 and the rest in MP.

flound1129

hero member

Activity: 938

Merit: 1000

www.multipool.us

Would a solution be to rotate at least one cycle per day through each coin mined in the last 24 hours to preserve our shares???

Your older shares would expire. Here how it works: Every share you have found has a timestamp and would get rewarded for the next 24 hours for each found block during the 24 hour period.

Thanks for clarifying that. So, unless we find a block in less than 24 hours everyday then we will forfeit some shares. Clearly we don't have the critical mass to mine LTC in MultiPort. Compare that to WeMineLTC where they've found over 50 blocks today, 6,000 versus 500 MH/s.

So where would I get paid more if I left a miner dedicated to LTC 24x7???

If you want to mine LTC dedicated you will certainly get more consistent payouts at a dedicated LTC pool that has a higher hashrate than Multipool.

That's not to say you'd get paid more. Our pool could have a lucky day and our miners could make more than the give-me-ltc miners. We also have the feature of switching to more profitable currencies automatically.

Aurum

sr. member

Activity: 453

Merit: 250

dfgfdgfdg

Would a solution be to rotate at least one cycle per day through each coin mined in the last 24 hours to preserve our shares???

Your older shares would expire. Here how it works: Every share you have found has a timestamp and would get rewarded for the next 24 hours for each found block during the 24 hour period.

Thanks for clarifying that. So, unless we find a block in less than 24 hours everyday then we will forfeit some shares. Clearly we don't have the critical mass to mine LTC in MultiPort. Compare that to WeMineLTC where they've found over 50 blocks today, 6,000 versus 500 MH/s.

So where would I get paid more if I left a miner dedicated to LTC 24x7???

kslavik

sr. member

Activity: 441

Merit: 250

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