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Topic: P2POOL payout mystery..... - page 2. (Read 3269 times)

newbie
Activity: 41
Merit: 0
August 09, 2014, 06:24:40 PM
#10
p2pools are pay little late when compared with pplns pools or otherpools. you need to keep mining,
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
August 09, 2014, 06:22:13 PM
#9
Another P2POOL question:

If I mine for, lets say, 3 hours without getting a share and then quit, is all work lost or do I still get a share (albeit with less payout) along the line?

You don't get anything.  To get paid on p2pool you must have a share on the chain when a block is found.
sr. member
Activity: 742
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
August 09, 2014, 05:17:19 PM
#8
Another P2POOL question:

If I mine for, lets say, 3 hours without getting a share and then quit, is all work lost or do I still get a share (albeit with less payout) along the line?
donator
Activity: 1617
Merit: 1012
August 09, 2014, 11:55:58 AM
#7

Did they add a fee to transactions ? You can check that in the blockchain explorer.
If confirmation is taking "forever" seems like they forgot to pay a fee =)

No worries. It will be OK after few hours.

With p2pool you get your rewards directly as a portion of the coinbase transaction which does not require a fee since it is created out of "nothing". However it needs 100 confirmations (instead of the usual 6) before you can use it.
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
August 09, 2014, 10:06:54 AM
#6
Quote
I'll explain it for you.  Every share you find gets added to the share chain.  Each share is valued a certain amount of BTC.  You mined for 6 hours and found 3 shares.  Since then, p2pool found 4 blocks, so each time a block was found, you were paid for the shares you had on the chain.


How long do I continue to get paid with those shares? Fixed amount of time or nobody knows in advance?
Each payout transaction takes 8640 shares and pays them.  Basically it's about 3 days worth.
sr. member
Activity: 742
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
August 09, 2014, 10:05:19 AM
#5
Quote
I'll explain it for you.  Every share you find gets added to the share chain.  Each share is valued a certain amount of BTC.  You mined for 6 hours and found 3 shares.  Since then, p2pool found 4 blocks, so each time a block was found, you were paid for the shares you had on the chain.


How long do I continue to get paid with those shares? Fixed amount of time or nobody knows in advance?
And should it have taken, lets say, 3 days to find the next block would have my shares 'expired'?

PS. P2POOL found 5 blocks in the last 24 hours (=5 payouts) ...guess I am having 'miners luck'...;-)
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
August 09, 2014, 09:53:57 AM
#4
I have 3+THs BTC mining power and tried out a P2POOL node yesterday for about 6 hours. For some reason all P2POOL sites I visited to not really explain well how the whole payout system works.

Anyway, after 6 hours I stopped mining and had 3 'shares' and it said I would get 0.009 BTC if a share was found now. Thats all, nothing else. Fast forward to this morning...I have a total of 4 deposits of 0.09 from mining that are taking forever to get confirmed. Why does it take so long in this case and why can't the P2POOL sites better let miners know how much is headed their way?


I'll explain it for you.  Every share you find gets added to the share chain.  Each share is valued a certain amount of BTC.  You mined for 6 hours and found 3 shares.  Since then, p2pool found 4 blocks, so each time a block was found, you were paid for the shares you had on the chain.

The mined coins come from the generation transaction - so you have to wait 101 blocks for them to become available.  That's the way it is for every pool that pays in generated (i.e. newly minted) coins.  You picked a fantastic time to try p2pool since we've found 5 blocks in the past 24 hours.
sr. member
Activity: 742
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
August 09, 2014, 09:42:01 AM
#3
I don't think its a fee issue, as there was a fee paid with each deposit:

Number of inputs?: 1 (Jump to inputs)
Total BTC in?: 25
Number of outputs: 499 (Jump to outputs)
Total BTC out?: 25.01616
Size?: 17.089 kilobytes
Fee?: -0.01616

Maybe it's because a transaction of type COINBASE is different?


What really interests me more is how long shares of P2POOL keep paying even after one has stopped mining...
legendary
Activity: 2212
Merit: 1199
August 09, 2014, 09:29:57 AM
#2
I have 3+THs BTC mining power and tried out a P2POOL node yesterday for about 6 hours. For some reason all P2POOL sites I visited to not really explain well how the whole payout system works.

Anyway, after 6 hours I stopped mining and had 3 'shares' and it said I would get 0.009 BTC if a share was found now. Thats all, nothing else. Fast forward to this morning...I have a total of 4 deposits of 0.09 from mining that are taking forever to get confirmed. Why does it take so long in this case and why can't the P2POOL sites better let miners know how much is headed their way?



Did they add a fee to transactions ? You can check that in the blockchain explorer.
If confirmation is taking "forever" seems like they forgot to pay a fee =)

No worries. It will be OK after few hours.
sr. member
Activity: 742
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
August 09, 2014, 09:25:20 AM
#1
I have 3+THs BTC mining power and tried out a P2POOL node yesterday for about 6 hours. For some reason all P2POOL sites I visited to not really explain well how the whole payout system works.

Anyway, after 6 hours I stopped mining and had 3 'shares' and it said I would get 0.009 BTC if a share was found now. Thats all, nothing else. Fast forward to this morning...I have a total of 4 deposits of 0.09 from mining that are taking forever to get confirmed. Why does it take so long in this case and why can't the P2POOL sites better let miners know how much is headed their way?

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