Hi guys
I have mined at two sites since yesterday using 7970 GPU.
This one:
http://doge.netcodepool.org/, i mined there for about 6 hrs and only got 7 coins.
Then i joined
https://www.suchcoins.com/ and left my pc on all night. I had a quick check late at night and saw few coins confirmed.
But can't access this website anymore, because its down.
Can anyone from experience plz let me know how many coins should i expect using 7970gpu per hr?
and any good pools which i should join? Thanks
On any pool block % is luck based. During the period you mined we found a lower coin block by luck, next one had thrice as big coin reward.
This is common to all pools, it gets averaged out once you mine for all 24 hours.
Any issues on netcodepool, email: [email protected]Btw netcodepool is in mining business since more than a year, much older than any other pools you will find here. We have payed out over 70,550+ LTC over this period to users. 1.1 Billion DOGE have been payed out to miners, that accounts for more than 1% of the total coins.
Also, note that netcodepool is an admin on Dogecoin's official sub-reddit, /r/dogecoin so even the creators trust us
You could have just dropped a mail or approached any online admin on chat.
During the major hack before last week due to which there was one week downtime, our hot wallet was stolen, but we made sure all users got their coins and paid them from our pocket (never made an issue of that) - thus maintaining the record of never loosing a single user's coin.
Always calculate the amount of DOGE you will earn in 24 hours based on your hashes on a website like coinwarz, then based on that join a pool which gets you the closest amount to that.
Make sure you spend atleast 24 hours on a single pool to get correct statistics.
Always research about the pool's history before you mine there for longer duration time, because it involves your "real money".
Doge pools are scams in regards to how much they pay out, I mine for 72+ without stopping and am only at 60% of what coinwarz and the pool estimates, percentage is not based on luck after enough time has gone by. Bottom line, doge pools are taking some of your coins and pocketing them. SCAM
Read my post above you bro. No scam there
So your pool will payout close to what Coinwarz estimayes over a 24 hour period? Your pool won't be 50% or 60% of that???
You did not understand what me and some others wrote before.
You're probably better off mining something else
I am perfectly capable of deciding what I mine, thank you very much. I along with many others believe that dogepools are scamming unsuspecting and suspecting people. Sorry, I don't buy your snakeoil, I know when I am being scammed.
You have no idea how much of a facepalm I had when you failed to realize that coinwarz uses averages of the random block size. It uses the possible values of a block (in the case of dogecoin, that's 0~1,000,000) and picks the middle point (which is 500,000). It is statistically against you earning EVERY SINGLE BLOCK at 500,000. If you don't believe me, look at this:
Now, assuming that a pool is scamming you is completely wrong, because if you look at this:
you'll see that block 72950 only gave out 146,609.71 Ð, and it took more shares to find it compared to the estimate (8,614,905 actual shares, compared to 4,173,662 estimated shares). That means that this specific block took a bit over double the time to mine, and gave out 29~30% of what the estimate of 500,000 was.
Now look at block 72937, see how it gave out 895,594.00 Ð instead of 500,000 Ð that coinwarz predicted? and also look at the shares: it was estimated to need 4,173,662 shares, but only required 199,665 shares; that's ~2090%
LESS shares than predicted to be needed, and the payout was ~180%
HIGHER than coinwarz estimated; so that block was ~3700%
MORE valuable than both the pool and coinwarz predicted.
If this info doesn't prove that the pools aren't scamming you; you should either: solo mine, or find a non-random block value coin. ocminer wasn't selling you snake oil, he was trying to explain that you were seeing this wrongly: the coin has inherently random payouts. it's impossible to predict how much you'll earn in a small period of time.
well keep palming your face instead of that other thing your mama told you to quit doing!! I understand averages, you don't! If the average is 500k, of course you won't hit 500 k every block, duh!! The longterm average should still work out to coinwarz estimates longterm, duh! so no I don't buy your snakeoil either, use it for lubing your facepalmer!