Topic: [NOTICE] Fairer Miners Shares Calculations on HashHarder (Read 1815 times)

Sent 2 emails to support about payout issue from jackpot pool. Do they actively check email or shall I expect a few day wait?

Steve

We have added more pools to our Fairer Mining Payouts

WIFIcoin and Nanolite now are fairly mined!

Support the revolution!

Interesting, can anyone elaborate or concur with the following statement made by OP:

"(AFAIK) all existing pools reward you with the Target Difficulty of the share (ie the 32), and not the actual difficulty (ie the 106)"

Let us know how the testing works out.

Notice to All Miners

Also, we are trialling a new method of shares payout - currently only for Darkcoin and EXEcoin, which we believe rewards the miner more fairly (and truly) for their work, as opposed to the traditional methods.

Using CGminer as an example, you see lines like:


Now the two numbers that matter here are the 106 and 32.

Both of these numbers represent the "difficulty" level of the block-hash that your miner just found. The first number is the actual difficulty level found by your miner, the second number is the "target" difficulty level - which your miner has to achieve in order to be able to submit a share to a pool. (This is to avoid spamming a pool with lots of low difficulty shares).
Now, (AFAIK) all existing pools reward you with the Target Difficulty of the share (ie the 32), and not the actual difficulty (ie the 106). Now, everyone is rewarded the same, so people just assume its fair for all. However, take the following example:

Your miner over 10 minutes submits 10 shares, 2 x 34s, 3 x 32s, 3 x 33s, and 2 x 35s..you would get 10 x 32 shares or 320 shares for those submissions.

But now imagine your miner in the same time submits 2 x 120, 1 x 90, 1 x 90 - your miner would only get 128 shares, despite your actual shares submitting totalling 420.

We believe that this is not that fair for the miner, so are trialling a new method where we actually count the share difficulty submitted - so long as its over the target difficulty. So you get 120 for your 120, and get 32 for your 32.

In this day and age, when its becoming harder and harder to get ROI from mining - we thought that we would see if we could help you guys out.

If the test on EXE goes OK over the next few days - we will be adding this to our VTC/MON/PLX pool.

Also as a consequence of this, Block Finders automatically receive a higher reward for the block.

http://new.hashharder.com/scrypt-n/vertcoin+merged - Join the mining revolution now!