Yes, all the early adopters will now get paid FASTER. more GHs in the pool means more money at a quicker payout.
Unfortunately, seeing your estimated payout decrease is a bit unnerving at first. It confused the crap out of me when I first started mining.
The difference is getting your estimated payout FASTER.
The more GHs the pool has, the faster it solves blocks and the more likely it is to solve the block at all.
Your payout may be smaller, but you'll get it more frequently.
Basically over time the amount should be the same, unless you get unlucky or overly lucky in a very small pool
Topic: Old simplecoin thread - page 47. (Read 99808 times)
To put it another way. You will 5 blocks now in the time it took you to find one before. So you are making money because of this.
Foolish people are foolish.
I know your "estimated earnings" went down.. but those were ESTIMATED. No one is stealing from you.
I know your "estimated earnings" went down.. but those were ESTIMATED. No one is stealing from you.
My earnings are going down.
The odds that you ever find a block, and thus ever actually get paid, are 5x higher now.
I'd rather wait longer to find a block rather than finding a block faster but having my BTC jacked from me by those who have more power than I do.
Doesn't really matter, I'll be on deepbit until the current round finishes and the pool operator sorts out the problems. Then I will come back and hopefully the reward system is slightly better.
This is getting pretty ridiculous. Now some guy contributing 24 GH/s is in the pool and it's making my earnings go down even further. #88 is leaving the pool until all this gets sorted out.
Guys! Having people join the pool after share 250000 makes your earnings go up! It is having them leave the pool after block 250000 that makes them go down!
My earnings are going down.
The odds that you ever find a block, and thus ever actually get paid, are 5x higher now.
This is getting pretty ridiculous. Now some guy contributing 24 GH/s is in the pool and it's making my earnings go down even further. #88 is leaving the pool until all this gets sorted out.
Guys! Having people join the pool after share 250000 makes your earnings go up! It is having them leave the pool after block 250000 that makes them go down!
My earnings are going down.
This is getting pretty ridiculous. Now some guy contributing 24 GH/s is in the pool and it's making my earnings go down even further. #88 is leaving the pool until all this gets sorted out.
Guys! Having people join the pool after share 250000 makes your earnings go up! It is having them leave the pool after block 250000 that makes them go down!
This is getting pretty ridiculous. Now some guy contributing 24 GH/s is in the pool and it's making my earnings go down even further. #88 is leaving the pool until all this gets sorted out.
This pool is fantastic!
I'm getting .4% stale. Amazing!
Still confused (by the wording) of "share score" versus "proportional."
It seems like a share-score system would be proportional. In what (contrasting) way is a share-score not proportional? Not proportional for pool-hoppers and their victims?
I'm getting .4% stale. Amazing!
Still confused (by the wording) of "share score" versus "proportional."
It seems like a share-score system would be proportional. In what (contrasting) way is a share-score not proportional? Not proportional for pool-hoppers and their victims?
Share score is now being counted, I just need to make sure the numerics aren't lost in conversion.
Current round will stay proportional. Once the cheat-proof method is 100% working, I will flip the switch on the after the next successful round.
Current round will stay proportional. Once the cheat-proof method is 100% working, I will flip the switch on the after the next successful round.
Perhaps he is someone that wants to see new pools succeed!
164 is running 24Gs, with that kind of power, why not go solo? not that i want him too mind you 
I for one, welcome our high MHs benefactors.
Cause I should still be getting at least 2BTC..
Cause I should still be getting at least 2BTC..
Are you going to wait until after this block to implement it?
(Note: I am #45, so I am still hashing so this would probably benefit me, but it might not really be perceived as fair to those who put a lot of work in at the beginning. Generally speaking though, I think score based is a great idea).
(Note: I am #45, so I am still hashing so this would probably benefit me, but it might not really be perceived as fair to those who put a lot of work in at the beginning. Generally speaking though, I think score based is a great idea).
That's not a bad idea.
And someone is throwing 20 Ghashes at us!
Thanks person!
Thanks person!
My estimated gain went down a bit over the last couple of hours and I was mining full power.
143 is cranking out 7.5 Ghash's. so he is gaining share while the rest of us lose it. but, the flip side is that he is doubling our chance of finding a block, so its all good.
Quote
Thanks 143, you brought my estimated earnings down 0.5 BTC.
This was his intention! To prove a point, or teach us a "lesson"!
That is 4+days of mining for some of you, and now you watch as profit dwindles away. He is exploiting not only the pool, but all involved too. When my est. reward got to the point where it would no longer compensate for 2.5 days of my time, I left. Then his co-conspirator lowered his hashrate!
mouser98 is right and rynindaclm should listen to his words of wisdom, instead of pretending to be a mind-reading psychic.
pool hoppers join for the first 43% of the round and leave if they don't get lucky. they don't come in towards the end of a round and help push a fledgling pool over the top, into its first 50 BTC award.
why complain about your pool's power being doubled? that makes no sense. you get half as much, twice as fast. the only net effect is *REDUCED VARIANCE*.
haters only hate because they jealous. if you prefer to stagnate in a tiny static pool that never grows and pays out on doomsday, then mine solo.
meanwhile, the rest of us will enjoy many quick dimes while you are growing old waiting for that one slow dollar.
/early back-to-school lesson
Now we're up to 35 Ghash and I'm down another 0.3 BTC. Hope I don't wake up tomorrow with a negative balance
Are you going to wait until after this block to implement it?
(Note: I am #45, so I am still hashing so this would probably benefit me, but it might not really be perceived as fair to those who put a lot of work in at the beginning. Generally speaking though, I think score based is a great idea).
(Note: I am #45, so I am still hashing so this would probably benefit me, but it might not really be perceived as fair to those who put a lot of work in at the beginning. Generally speaking though, I think score based is a great idea).
I'm testing score based payouts now. The site percent is going up to .001% to facilitate the change (sorry, can't divide by 0 for cheat proof method).
All I am saying is that hashing power is good for people who have already done their mining after around share 250000, because the marginal utility of mining original shares goes down after that.
Pool hoppers only mine to that point and then go elsewhere.
Basically, whoever the big hasher is in the pool is doing everyone else who has already mined this block a favor for diminishing returns. They have nothing to gain by doing this.
Pool hoppers only mine to that point and then go elsewhere.
Basically, whoever the big hasher is in the pool is doing everyone else who has already mined this block a favor for diminishing returns. They have nothing to gain by doing this.
Jump to: