Am i undestanding this correctly, the PPS system only credits when a block is solved, you're still earning as normal, it just doesnt register as a confirmed reward? Could it not at least register as unconfirmed by any chance?
Also, if im understanding it correctly, is this how it'll always be or is this just part of the beta phase and PPS reward only been available for a few days.
Im just looking for something which will give me correct hourly stats, and if a block isnt solved that hour doesnt come back telling me 0btc has been earned, the benefit of PPS to me is live earnings, or at least them being reported even if i cant withdraw it. Theres probably merits of the existing system, im not interested in arguing right or wrong with it (because i dont believe you opted to do it 1 way without considering its merits and my opinion holding any sway), it just happens that it really doesnt benefit our (our groups) needs because it ultimately looks no better than PPLNS where theres only sign of income when a block is solved and 0% vs 5% kinda negates the guarantee vs luck because even with a not so great time the lack of fee softens the blow, but good luck is even better. The main reason for PPS, for 'us', is a fairly fixed hourly income rather than erratic reporting.
So im not disputing the decision, just wondering if theres any point in me using PPS over PPLNS really if both will report no earnings from time to time, and if this is the intended end setup for PPS or just a temp solution.
Topic: [CLOSED] Semi-private mining pool - page 11. (Read 53242 times)
Sorry, I make this mistake today
With the way the payment system works today, if you have multiple pending payments and they are tied to the same BTC address, they will get rolled up together into a single larger payment.
Payments are done manually, to make it more secure.
I find its usually around 6am Pacific Time when I see a payout each day.
Cool, Thanks, I accidentally clicked on "make payment" thinking it was not fully auto, And created another smaller payment, Sorry
A word of warning re PPS
I disabled PPS 5 shifts ago, for the next 2 shifts my % share rate remained low (and I was paid 25% less)
For the subsequent 3 shifts my reported share % is back to normal but I am STILL being paid 25% less, and not earning any PPS revenue.
I am losing BTC every block.
I disabled PPS 5 shifts ago, for the next 2 shifts my % share rate remained low (and I was paid 25% less)
For the subsequent 3 shifts my reported share % is back to normal but I am STILL being paid 25% less, and not earning any PPS revenue.
I am losing BTC every block.
Please try to understand how PPLNS works before you start screaming about losing earnings.
When you start mining PPS, you "earn out" of PPLNS. If you switch back, you'll need to earn back in.
You mined 9 shifts of PPS so those workers were almost entirely "earned out". It takes 20 hours to earn back in.
I replied to your PM with a detailed overview explaining these things.
A word of warning re PPS
I disabled PPS 5 shifts ago, for the next 2 shifts my % share rate remained low (and I was paid 25% less)
For the subsequent 3 shifts my reported share % is back to normal but I am STILL being paid 25% less, and not earning any PPS revenue.
I am losing BTC every block.
ADDENDUM
Thank you for the super quick explanation James !
I disabled PPS 5 shifts ago, for the next 2 shifts my % share rate remained low (and I was paid 25% less)
For the subsequent 3 shifts my reported share % is back to normal but I am STILL being paid 25% less, and not earning any PPS revenue.
ADDENDUM
Quote from: gigavps
That is correct. PPLNS pays backwards in time so that the reward method is hopping proof.
When we find a block, it is the work up to 20 hours ago that is paid.
This is why you earn in when you first started mining and you will still get paid for 10 shifts after you leave.
I hope this helps clarify things.
When we find a block, it is the work up to 20 hours ago that is paid.
This is why you earn in when you first started mining and you will still get paid for 10 shifts after you leave.
I hope this helps clarify things.
Thank you for the super quick explanation James !
what diff to put at my worker for 540 gh speed?
540 / 1.4 = 386
Share difficulty doesn't actually matter in the long run. Your earnings are based on hash rate. Only reason to change the share difficulty is to reduce server load.
what diff to put at my worker for 540 gh speed?
@gigavps
Do I need to sent you an email for withdrawal requests? The pps shares don't show up on my confirmed balance yet so the auto payout isn't triggerd because me confirmed balance won't come above the set payout threshold of 1btc.
Cheers
Do I need to sent you an email for withdrawal requests? The pps shares don't show up on my confirmed balance yet so the auto payout isn't triggerd because me confirmed balance won't come above the set payout threshold of 1btc.
Cheers
PPS rewards are credited when shifts are created which is currently 1h 40m.
It looks like you haven't mined with us in almost a month and all of the rewards earned were paid.
If this is not the case, please email me directly.
james at gigamining dot com
Best,
James
Hi James,
Pps is now displayed correctly. I'm back mining for couple of days (miningdutchmen).
Will see auto payment tomorrow morning ;-)
Cheers
Okay, thanks. Also (sorry for being pedantic), is the rewards page only updated every so often? I'm mining but the numbers aren't going up.
Regarding the statistics page, on the Share Payout graph (PPLNS vs PPS), are those figures for PPS inclusive of the 5% fee or no?
PPS displayed on that chart is full 100% PPS.
Regarding the statistics page, on the Share Payout graph (PPLNS vs PPS), are those figures for PPS inclusive of the 5% fee or no?
I just added two Avalon mini's (new from the auction) at 60 Gh/s each. Can someone recommend a difficulty setting?
60 / 1.4 ~= 43
I just added two Avalon mini's (new from the auction) at 60 Gh/s each. Can someone recommend a difficulty setting?
@gigavps
Do I need to sent you an email for withdrawal requests? The pps shares don't show up on my confirmed balance yet so the auto payout isn't triggerd because me confirmed balance won't come above the set payout threshold of 1btc.
Cheers
Do I need to sent you an email for withdrawal requests? The pps shares don't show up on my confirmed balance yet so the auto payout isn't triggerd because me confirmed balance won't come above the set payout threshold of 1btc.
Cheers
PPS rewards are credited when shifts are created which is currently 1h 40m.
It looks like you haven't mined with us in almost a month and all of the rewards earned were paid.
If this is not the case, please email me directly.
james at gigamining dot com
Best,
James
@gigavps
Do I need to sent you an email for withdrawal requests? The pps shares don't show up on my confirmed balance yet so the auto payout isn't triggerd because me confirmed balance won't come above the set payout threshold of 1btc.
Cheers
Do I need to sent you an email for withdrawal requests? The pps shares don't show up on my confirmed balance yet so the auto payout isn't triggerd because me confirmed balance won't come above the set payout threshold of 1btc.
Cheers
i have speed at pool 550 gh and every block i earn only 0.04btc why that happen?
Hi All,
I have a 550Gh/s miner from KNC is there any available invitations for the pool?
i would love to give it a try, i'm using eligius since the last week.
regards,
I have a 550Gh/s miner from KNC is there any available invitations for the pool?
i would love to give it a try, i'm using eligius since the last week.
regards,
Sure, I will send you a pm.
Hi All,
I have a 550Gh/s miner from KNC is there any available invitations for the pool?
i would love to give it a try, i'm using eligius since the last week.
regards,
I have a 550Gh/s miner from KNC is there any available invitations for the pool?
i would love to give it a try, i'm using eligius since the last week.
regards,
+780 GH are coming in a few hours from me! (=
Almost to 100Th
I've turned on the GPU in my computer to help us get to 100Th!
Let's break it for the first time today!
I've turned on the GPU in my computer to help us get to 100Th!
Let's break it for the first time today!
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