Topic: Pay On Target: New High variance payout System Offered by Ozcoin (Read 36547 times)
September 28, 2013, 05:47:37 AM
Thanks kano
September 28, 2013, 05:41:33 AM
September 26, 2013, 09:55:00 AM
too bad theres a cap... I just found a 2billion diff share on POT ...... it capped me at about 750mil .. lol, thats fine, I made 3 days worth of mining =P
2062804846
This is insane and I only have about 145GH/s
2062804846
This is insane and I only have about 145GH/s
September 24, 2013, 10:36:59 PM
Is there a chart for the (a bit complicated) formula from the OP somewhere? I mean the dependence of share reward on submitted share difficulty.
The link to the calculator in the OP doesn't work currently (503, temporarily unavailable).
The equation is:The link to the calculator in the OP doesn't work currently (503, temporarily unavailable).
POT = (Work Diff * BTC Reward / Current Diff) * ((1-a) / (1 - (a * (WorkDiff ^ (1-a))) * (Cap ^ (a-1)))) * ((min(Share Diff, Cap) / Work Diff) ^ a)
Yes my server is silent at the moment.
Yeah I ordered a new VPS from MtGox over 2 weeks ago - Sep 8 - after the dedicated server the calculator was on, got ddosed
MtGox took my BTC and provided me with an IP address to a server that didn't exist.
On Sep 9 I requested in their support system, what was wrong and information on where my VPS was.
On Sep 23 I requested my BTC back and that I would request a scammer tag here on the forum
On Sep 24 they replied saying they are looking into it and would get back to me.
MtGox is bad news.
September 24, 2013, 09:57:29 PM
Is there a chart for the (a bit complicated) formula from the OP somewhere? I mean the dependence of share reward on submitted share difficulty.
The link to the calculator in the OP doesn't work currently (503, temporarily unavailable).
The link to the calculator in the OP doesn't work currently (503, temporarily unavailable).
March 28, 2013, 07:58:51 AM
I agree! Since I have such a low hashrate (400-450Mh/s), I enjoy the gambling because I know I wouldn't make much regardless.
it's why I started mining on HHTT, although i've been doing consistent 128's for the last few weeks, I used to swap around between difficulties... e.g.
pushpool 2013-02-10 00:49:18 Y Y 65536 0.49519937 00000000 00000029 8cccf8dc
max setting on there is 65536 though, not sure about this system
How do your returns look on this ZVS? My hash rate runs about 700 MH/s and I was curious if I should use this pool vs PPS elsewhere.
March 28, 2013, 04:18:06 AM
This payout system still fun as hell even tho in negative =P
I agree! Since I have such a low hashrate (400-450Mh/s), I enjoy the gambling because I know I wouldn't make much regardless.
e.g.
pushpool 2013-02-10 00:49:18 Y Y 65536 0.49519937 00000000 00000029 8cccf8dc
max setting on there is 65536 though, not sure about this system
March 28, 2013, 12:23:57 AM
What's the best hash someone found on this payout method, do you know?
I found a 65M share, but it is capped at 5XdiffI am at 99.33 % pps according to the api stats. -2.33340263 345.71995783
I go back and forth between pps and PoT.... which can hurt you. i hit a 115M share 5 minutes after getting a high share and switching to PPS.
So, you tend to get high on PoT and then switch to pps?
March 27, 2013, 10:05:21 PM
What's the best hash someone found on this payout method, do you know?
I found a 65M share, but it is capped at 5XdiffI am at 99.33 % pps according to the api stats. -2.33340263 345.71995783
I go back and forth between pps and PoT.... which can hurt you. i hit a 115M share 5 minutes after getting a high share and switching to PPS.
March 25, 2013, 11:01:07 PM
What's the best hash someone found on this payout method, do you know?
March 13, 2013, 08:33:02 AM
how is your PoT working? are ppl still interested into?
Up and down currently 27Gh on there, at times up to 500 or 600Gh
March 13, 2013, 04:04:54 AM
how is your PoT working? are ppl still interested into?
January 18, 2013, 06:26:33 PM
Hi, i switched to POT too, i always like a bit of gambling. I'm just confused, or just plain stupid, with what to set at vardiff and how that translates to the overall performance of the miner. My hash power is around 450Mh/s too, so what should i set vardiff too? Currently i have it on 15. Is this just plain stupidity, ignorance or is it ok??
And if someone could explain in a simple way, how the value of vardiff affects your shares? I'm don't know how to read the stats in ozcoin. shares, vardiff shares, avg share diff 1 and so on...
Sorry for the noob questions, but i do like to learn, if someone has the will to teach!!
Thanks.
And if someone could explain in a simple way, how the value of vardiff affects your shares? I'm don't know how to read the stats in ozcoin. shares, vardiff shares, avg share diff 1 and so on...
Sorry for the noob questions, but i do like to learn, if someone has the will to teach!!
Thanks.
This might help:
http://organofcorti.blogspot.com/2012/10/71-variable-pool-difficulty.html
January 18, 2013, 11:07:39 AM
Hi, i switched to POT too, i always like a bit of gambling. I'm just confused, or just plain stupid, with what to set at vardiff and how that translates to the overall performance of the miner. My hash power is around 450Mh/s too, so what should i set vardiff too? Currently i have it on 15. Is this just plain stupidity, ignorance or is it ok??
And if someone could explain in a simple way, how the value of vardiff affects your shares? I'm don't know how to read the stats in ozcoin. shares, vardiff shares, avg share diff 1 and so on...
Sorry for the noob questions, but i do like to learn, if someone has the will to teach!!
Thanks.
And if someone could explain in a simple way, how the value of vardiff affects your shares? I'm don't know how to read the stats in ozcoin. shares, vardiff shares, avg share diff 1 and so on...
Sorry for the noob questions, but i do like to learn, if someone has the will to teach!!
Thanks.
Well, with your diff set to 15 you will submit approximately 15 times fewer shares but they will be worth 15 times more so it should even out. You don't really need to change your difficulty from diff1 until you get in the neighborhood 2 to 2.5 Ghs.
Now, I'm not sure how that would relate to POT since you want to submit higher diff shares anyway, but I would think it would hurt you with the low hash rate in the long run. You should do some trial and error changes in 24hour increments.
Sam
Edit: Thought about my reply a bit. I don't think you would loose any revenue in the long run. Your just using less bandwidth which is probably low anyway at your hash rate. But I still would do some tinkering for use with POT payout system.
January 18, 2013, 10:19:19 AM
Hi, i switched to POT too, i always like a bit of gambling. I'm just confused, or just plain stupid, with what to set at vardiff and how that translates to the overall performance of the miner. My hash power is around 450Mh/s too, so what should i set vardiff too? Currently i have it on 15. Is this just plain stupidity, ignorance or is it ok??
And if someone could explain in a simple way, how the value of vardiff affects your shares? I'm don't know how to read the stats in ozcoin. shares, vardiff shares, avg share diff 1 and so on...
Sorry for the noob questions, but i do like to learn, if someone has the will to teach!!
Thanks.
And if someone could explain in a simple way, how the value of vardiff affects your shares? I'm don't know how to read the stats in ozcoin. shares, vardiff shares, avg share diff 1 and so on...
Sorry for the noob questions, but i do like to learn, if someone has the will to teach!!
Thanks.
January 15, 2013, 04:45:42 PM
This payout system still fun as hell even tho in negative =P
I agree! Since I have such a low hashrate (400-450Mh/s), I enjoy the gambling because I know I wouldn't make much regardless.
January 15, 2013, 10:45:50 AM
hehe, Im still in negative but good news found a 1.5mil diff share last night, helped get me closer to breakin even .. now for just a few more of those! This payout system still fun as hell even tho in negative =P
January 05, 2013, 02:06:30 AM
I knew this would happen! I've been running PoT for over 2 weeks, and I was ~12% below PPS. So I switched back to DGM. Then I get a 7M block solver within 12 hours. My 3rd block with Ozcoin. Oh well.
January 04, 2013, 12:57:11 PM
I'm down 40% from PPS.. 
Its finally beginning to even out, 29% down. I like high variance so I shouldn't be complaining.
January 03, 2013, 12:19:09 PM
Better to simply write a script to convert the log output (enough information there) or share log output (--sharelog - more than enough information there)
Or if you are smart enough you can even use -m on linux to have it send the output to a process
[...]
No doubt someone could spend effort to get that to do it
Or if you are smart enough you can even use -m on linux to have it send the output to a process
[...]
No doubt someone could spend effort to get that to do it
I agree that adding PoT value directly to cgminer status output isn't appropriate in the general case. I simply wanted to have that in my curses status window so I could watch it for a while. (And it was very easy to add to cgminer.)
The PPS value is the expected value for all (fair) pools though and that wouldn't be too bad to always display (or at least to have an option to display it in the status.) As you say, it would be easy to reconstruct this value from log output. It's just a bit more convenient to have in the miner.
Jump to: