...
Thanks to both of you for your input. That small payout we got covers electricity and small profit... but it sucks lol.... hope we will get a better next week... or will have to sadly change.
Well there's 3 things.
Firstly, no we don't
expect to ever get a 600% block.
Though they should average, over a large number of blocks (10's or 100's of thousands), to be 1 in about 400.
We
expect 100%, but luck and expectation are two completely different things
Secondly, if you have ramped up, your next payout would match your expected reward per block.
Thirdly, if you do end up leaving, you'll still get (diminishing) rewards in any blocks found in the 5Nd after you leave.
Can you explain ramp up? What is that
My take on a post from Kano a long while back:
The 5Nd "ramp" means it takes that long to reward your shares. It's not a punishment and The ramp isn't missing rewards, it's delaying them to reduce variance. Each share is rewarded in all the blocks found in the 5Nd after the share. That's simply how it reduces variance. Each share's reward is averaged out over the 5Nd after it.
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.
So, on the 1st block the pool hits when you start on Kano you get rewarded 1/5 of the value of the shares you submitted for that block. On the 2nd block the pool hits you get 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block. On the 3rd block the pool hits you get 1/5 of the value of the shares you submitted for the 3rd block plus 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block and on and on like that until all of the value of the shares are paid. That's also how you would continue to get payouts for the 5Nd ramp down period after you leave this pool.
This is a simplistic view of 5Nd because it is also affected by luck. 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. (Love it when it hits 10-12 times!)
If pool luck is worse than 100%, then the average share reward will be less than 5 times.
The 5Nd really helps you out if your miners go down for a couple of hours or are down for a day. You would continue to be rewarded if the pool hit a block while you were down. I've seen pools where you would get nothing out of a block if you were down for just an hour or so when the block was hit.
I do hope we find another block sooner than this one or I will have to bail. Every day counts now as difficulty keeps ramping and more and more miners crowd the field and none of us can afford to run miners at a loss like this for very long.
