Not exactly... 16 days is the 5Nd and is 5 times network diff, so we expect to hit 5 Blocks in 16 days @current diff if pool hashrate stays steady and luck holds at 100%...
Mine on!
Cool, thanks man. So, today is 15th, and this month has 31 days. We have exactly 5Nd left. We stay 100% lucky, we'll find 5 blocks right before Feb. And on 31st, how many of those 5 blocks will be paid to the miners by then? Haha, sorry man.
Whatever happens, happens. Mine on!
You get paid for every block we hit based on the number of shares you have over the last 5 network diffs.
I'm going to use made up numbers for the hashrate, but they'll give you an idea.
At 100% luck, the pool should find a block in about 2.2 trillion shares (the network difficulty is 2.2 trillion.) 5 ND is 10.10 trillion shares.
When we hit a block, the pool code looks at the number of shares you had in the last 10.10 trillion of them, and compares that to the pool hashrate.
If you were mining for 7 days, and had 100 million shares, your payment would be whatever portion of those last 10.10 trillion shares were yours. However, the full 10.10 trillion share took place over 2 weeks, so for 7 days you weren't contributing. We'd say you were half way into your ramp up period.
Once you've been mining for about 2 weeks, when you look back at the last 5ND shares, you'll always see your total amount. That's when you're fully ramped up.
Does that clear it up?
