Can anyone help me optimize my pool allocation? I only bought the contract a week ago and the only pools that I have are Slush, BTCC and BW. I've been watching the % of blocks solved on Bitcoin Block Explorer and Blocktrail and they showed that Slush was essentially solving nearly DOUBLE that of BTCC and BW combined, however, when I used Slush at 100% I got the worst results. Now I'm trying to find the sweetspot but it's taking some time and effort. I really hate the idea of losing anything with the way the price is going and will go.
You have to keep the pool fees/rates in mind for accurate calculations. Although Slush might be finding more blocks than the other available pools, there is a 2% fee on slushpool, whereas there are negative fees on others. You also have to account for the mining payout structure - pay per share (PPS), pay per last N shares (PPLNS), score based (slush), etc.. Trying to calculate or forecast mining income with hashflare would essentially be impossible.
So, a few days of mining have passed since I switched my pool settings on hashflare based in part from your data. Not sure how I didn't notice this before, but the numbers in your Google doc differ from the "Revenue per 1 TH/s" reported by hashflare on my dashboard. For instance, I have been using 100% f2pool for the last few days, and here are the numbers from the "Revenue per 1 TH/s" section as reported in my dashboard:
- 08.12 [08 DECEMBER 2017]: 0.00014858 BTC per 1 TH/s on 07.12.17 [07 DECEMBER 2017]
- 09.12 [09 DECEMBER 2017]: 0.00015635 BTC per 1 TH/s on 08.12.17 [08 DECEMBER 2017]
- 10.12 [10 DECEMBER 2017]: 0.00014912 BTC per 1 TH/s on 09.12.17 [09 DECEMBER 2017]
As you can see when comparing both sets of data, although our numbers
should be the same, they are in fact quite different. This means hashflare could be scamming their customers, or we are using different sets of data. Can you please specify where and how you are obtaining the numbers in your Google doc?
This could potentially be a malicious method used by hashflare in order to increase their profits by reporting inaccurate data to their customers. Before any accusations can be made, we need to first figure a few things out. Most importantly is if Bitcoin payouts are all paid out to users at the same time. Unfortunately, there is little information in their "Help" section, but here are two important factors found in the "FAQ" section that we need more specifics on (mainly the time Bitcoin/SHA256 payouts are made):
How does pool allocation happen and work?
Our equipment is set up to work with a number of pools. When you select a specific pool and the hashrate percent allocated to it, our system begins to use that amount of hashrate in the selected pool. The accounting happens daily, thus you are able to change the pools once a day. After the system calculates your hashrate's input and the total payout from that pool you will be given your share of the mined BTC.I have purchased some hashrate. When will I get a payout?
All payouts occur once per day. You will receive your first payout within 24 hours after the purchase. Afterward, the payouts continue daily.
The payouts are made from 00:00 to 09:00 UTC.Although it does not specifically state the details of their payout times, I would assume that all payments are issued at the same time based on algorithm between 00:00 to 09:00 UTC, based on the FAQ above. Hopefully someone has an accurate answer!
Since questioning
scrypt in my last post about their data and where they were obtaining it from, most of the rows in the
google doc have been deleted. There was also a link in the doc to a hashflare blog here:
http://hashflare100.blogspot.jp/. Hopefully
scrypt will enlighten us, as the recent removal of data raises even more suspicion!
In the meantime, please keep posting the
"Revenue per 1 TH/s" data from your hashflare dashboard, and thanks to everyone who has posted that information already - please continue posting that information as days pass! Getting to the bottom of this has manged to become a priority on my list now that
scrypt has deleted data from their google doc without responding to my inquiries!