He kano.... you still want to do a payout comparative test? Hehe
Yep, it's still above 100% PPS, due to luck, since the pool started.
Anyone who joined since block 330642 started, has of course not had that luck.
The number at the bottom of the blocks page shows the average % of a block for all blocks found, so 55.09% up to when block 330642 was found, means the pool has found 1.8 times the number of expected blocks and we pay out 99.1% of every block (+ txn fees) the pool finds, to the miners.
https://www.kano.is/index.php?k=pblocksOf course, when the next block is found, the 55.09% number will go up, and the 1.8 times number will go down.
The average expected payout per block on any PPLNS pool over a long period of time, is of course the payout % of a block the pool pays - which is 99.1% here.
But of course, since we include txn fees in the payout, that is a bit higher than the 99.1% expected.
Ok... I will provide the hardware and give you remote access.... we can play with 10th or so.... we can track accuracy of share accounting and actual payment amounts. I'm at the airport waiting to catch a flight to visit coinbase so it'll be a day or two before I can set it up....
You clearly missed the technical details of what I said
(which you
should know as a pool operator ...)
Comparing PPS vs PPLNS over a short time frame is pointless.
PPLNS payout over a short time frame is dependent upon the pool's luck and the payout %
PPS payout over a short time frame is simply just the PPS amount being paid, which is of course higher on your pool at the moment than the
expected payout here.
I have even stated this in your thread (while arguing with that idiot in your thread that you condone his lies. I don't care if people are posting for or against my pool, if they post bullshit in here, I'll either delete their post or reply correcting it)
If we are lucky here, then the payout will be higher, if not, then the payout wont be higher.
Over a short time frame that is indeed purely based on luck.
It is amusing that you wait until the pool has it's worst luck to make this post.
What is even more amusing is that the pool's current luck makes no difference, since luck is a measure of the past, not the future.
Over a long time frame, the expected payout here is 99.1%
Over a long time frame, the expected payout on your pool is ?%, since you are currently running it at a loss, the question is only how long you can/will keep that up.
There are a few factors in your loss that you may or may not have made clear:
1) You list 26 servers as the pool - that's a lot of hardware to pay for.
2) You mine a large % of your pool - here's where you may not realise something about myself and ckolivas
We've dealt with a number of farms of varying sizes, including well above the size of yours
It's a very slim margin running a farm, if you manage to get the hardware at better than advertised cost.
Most farms who invest in a lot of hardware now will not make a profit.
Paying out 110% to 1PHs of users means losing ~1.25BTC per day in payouts, at current difficulty.
Multiply or divide that by the hash rate of the users you are paying 110%
3) It's a fact that running a PPS pool will require a higher fee than a PPLNS pool, to remain profitable and reduce the risk due to block finding luck - that same luck my pool has going up and down, so does every other pool including yours. The effect of that luck should be obvious to you.
4) The risks to you, not the miners, for a pool using PPS, mean no pool should run PPS unless they charge a high fee. Block withholding on any pool is a problem, but on a PPS pool it means the pool itself loses ~25BTC every time it happens, that the pool is already paying out to it's miners, and will need to source that ~25BTC from 'somewhere' else.
At the moment, on the pool here, we know the majority of the hash rate so we can expect that the majority of the hash rate wont do that.
