Topic: Noobpool.com Ethereum mining, 0% pool fee! - page 14. (Read 19917 times)

Stats only show once you have mined a share.  It's worth a try, will take just a couple minutes to install and run Claymore and see.  What hash rate does ethminer show you?

Do you think that's the problem?
Even with a low CPU mining rate, shouldn't it show the stats?

If it doesn't work with the -G than it's not using your GPU to mine which will give you such an extreme low hash rate it is a waste of time.  Try switching to claymore, it's a better program, more stable, and usually faster hash rates.  The command line is on our home page for it.

It's not working with -G argument but I'm planning to solve that soon. I can see it's mining (or at least it says so in the screen) that's why I don't understand why I can't see the stats online. Just want to make sure I'm not wasting my computing time before continuing.

You left out the -G argument, and watch the window, it should say your hash rate and tell you when you find shares.

I'm using ethminer and the command is


At first I was also using --disable-submit-hashrate, but removed it

That is odd, what miner are you using and what command line to start it?

0x3e230b4190ef047a4dc8c927f4b00427fd54938e

I don't my address in the miners list either

What is your wallet address?  Your stats should be available within a minute or two of mining.

I'va been minning all day but when I go to noobpool.com and want to see my stats entering my address it says "No Account Data Available", why is that? Do I need to wait to see my stats?

Yes, I think so (I was mining on nanopool before noobpool).

Yup.  I switched from there.  made 4 times my nanopool returns in the first round.  nanopool is a good system, but this system works just as well.  Now that there's more people here, the return will be less for me, but still more than nanopool at the moment.  My estimates is right now about double nanopool just remember you don't see the rewards until a block gets solved.  Payout happens very quickly after a block is solved.  My share count is higher per hour here than with nanopool.  That's the number of accepted "nonce" found.  If solutions occur sooner, then the payout could be more on a percentage basis.  Mine yourself a round and then see how you do.  We are probably about 1 to 3 days away from another block with good luck.  Bad luck about 3 to 5. 

Normal correction.  This is long term.  We are mining so, just hold.  I'm holding position.  Every Dollar you spend in electric and GPUs now to maintain the equipment is as if your investing in ETH.  Just at a lower price.  If it got to 300 once it will again.  These miners are great to accumulate coin over time.  Crypto Currency is now considered a hold and save for later by over 1 billion people.

It will have it's ups and downs, but eventually continue up.

And that's right multiple currencies, POS, Proof of Stake, is being pushed by some young developers here in Ethereum, but they are 6 months to 1 year away from progressing forward.  There will be time to continue to mine and then switch to a more profitable mining coin in the future.  I think Ethereum developers will look long and hard at the Bitcoin fork.  It's a true test.  IMO, the Ethereum POS is an attempted move in a more centralized mechanism moving towards the programmers to profit in large exchanges.  The small guy can't win based on POS structure.   I think also part of Ethereum devaluation was a conference call with developers about 2 weeks ago. Interesting watch.  He calls the Miners a Cartel. Yet what he wants to setup with POS is more cartel like.  Talk about programmers hating miners.  I thought it was the programmers who wanted the miners to do what we are doing now.  Even Bitmain says a Decentralized network is much better with a miner in every home, even as they create large data mining centers.

How about a Pool for the PASCAL coin.  very interesting story. Zcash and Siacoin is also hot right now.

Hi Guys

Noob here,
Currently mine to nanopool.

Am i more likeley to see higher payouts if i change to you guys?

Running 12 x RX 480's

Cheers

I can't find the app, can you post the link, please?

It's nice to see our hash rate over 3GH, means we will find blocks more often but still low enough that the luck factor will help keep payouts higher.  Even if we get to 12GH, that would mean a block a day and still would get better payouts than the big pools, most of the time.

Of course everyone is worried about the massive drop in ETH value, but that shouldn't scare people, just hang onto what you mine for now.  After August 1st and bitcoin has their soft-fork which should cause them to split into multiple chains, ETH should get a surge of new investors and prices could skyrocket.  If all those people with millions invested in bitcoin decide to switch to ETH it will raise the price dramatically.  My personal prediction is that ETH will hit record highs next month, but that's just my opinion based on what is happening.  So don't put much faith into the ETH calculators right now as the price has dropped dramatically this month.  Personally I'm going to try to get as much ETH as possible before the end of the month and hopefully reap the rewards in the following months.

Either that or bitcoin will crash and burn and bring down other currencies with it.  Either way it's going to be interesting.

People are also scared about investing in more GPU's and mining rigs because of the ROI with ethereum at it's current state, but you have to remember, if after the soft-fork in a couple weeks from now, if ETH doesn't recover (which it should pretty fast), we can always switch to another currency.  Mining is long term, not a quick buck.

Very good !!!
I joined too, doing mining with my gtx 1070 and claymore from Italy.

The disadvantage is you don't get immediate satisfactions like in other pools.  But the advantage is your payout may be higher than other pools.  other pools have to calculate based on block not yet solved.

The numbers to look at is your percentage share for the round.  Multply that percent by 5 ethereum coins and you get your payout, once a block is solved.  If you leave the pool, you will still get a percentage though it will decrease in value over time.  Stay in the pool and you maintain or increase your share.  As more miners join, you share may go down, but then the block is solved quicker.  

The variance is the luck of the block being solved in a round.  Last time we solved a block at 30%  But you  could climb all the way up to 100% and still not solve a block, though based on statistics, at 100% a block being solved will come very soon.

Here is a technical article on statics and luck of the pool and variance.
http://organofcorti.blogspot.com/2015/07/faq-bitcoin-mining-and-luck-statistic.html

Based on hash rate up around 3 GHash we should be solving blocks every 3 to 7 days. with a 5 day mean.  Lucky is sooner, unlucky is later.

For my first round of mining effort, I got more shares in 5 days than it would take me 3 weeks in other pools.  I expect my share to decrease with pool size increase but the payout rate still looks better percentage wise.

To estimate the amount of ETH I can get from a block,  I should instead look at the stat name "Your Round Share: x%"  right?
This x% is to multiply with the say, 5 ETH award after noobpool successfully completing a block right?

Still learning, completely a newbie here.

You won't get anything until, the pool finds a new block.