NEW POOL RULE: No more >500% Blocks!
In all seriousness, though, if we hit several in a row, we would be technically paid multiple times for the same shares, right?
I guess it all evens out in the end... like everything else, I suppose.
Yep - hitting multiple in a row is great when it happens.
Over a long enough period, it will even out. The variance from block to block is high, but over a large sample, it's good. The trick is to be able to increase your hash rate strategically and use cash flow and profit to do that and float costs in bad months.
Amazing how this starts to fit together *once you get in the middle of it*...
Code:
How do the PPLNS payments work?
The 5Nd means the pool rewards 5 times the expected number of shares, each time a block is found.
So each share will be paid approximately 1/5 of it's expected value, in each block it gets a reward,
but each share is also expected, on average, to be rewarded 5 times in blocks found after the share is submitted to the pool.
i.e. if pool luck was always 100% then each share is expected to be rewarded 5 times.
If pool luck is better than 100%, then the average share reward will be better than 5 times.
If pool luck is lower than 100%, then the average share reward will be less than 5 times.
The 5Nd means the pool rewards 5 times the expected number of shares, each time a block is found.
So each share will be paid approximately 1/5 of it's expected value, in each block it gets a reward,
but each share is also expected, on average, to be rewarded 5 times in blocks found after the share is submitted to the pool.
i.e. if pool luck was always 100% then each share is expected to be rewarded 5 times.
If pool luck is better than 100%, then the average share reward will be better than 5 times.
If pool luck is lower than 100%, then the average share reward will be less than 5 times.
^^ from the PPLNS link on the home page
COME ON BLOCKS!!!
