Topic: [POOL][Scrypt][Scrypt-N][X11] Profit switching pool - wafflepool.com - page 43. (Read 465710 times)

Unfortunately, it is extremely difficult to get a server in china without being a citizen there.  The closest we can get (easily) is Singapore

plz add chinese sever~~~~~~~~~~~~~

I think there are a number of things that are getting confused here.

First, that table really has nothing to do with profitability.  You're looking at the results of profitability from hours before (that table is us selling coins we mined a decently long time before, and needed to mature before we could sell them).

Second, that table is skewed more-so, due to how we process selling of coins (on a cron), so the times you're seeing there are completely irrelevant.  Everything in there is going to be a multiple of 1min + X seconds (we process our trade results every minute, and it takes a second or so to process results per coin).

Third, seeing a bunch of small amounts in that table is just the results from processing a single actual trade (not a single order), and how trades are calculated varies greatly by exchange.  For example, if we tried to sell 5 of X coin, you might see it sometimes get sold as a block of 5 (someone wanted 5+ of that coin - would show up as 1 larger exchange in that table), or you might see it split into a ton of smaller exchanges (lots of smaller trades).

So if we're past the point where we're completely using the wrong table to judge profitability:

Raw profitability isn't a hard algorithm, its essentially multiplying three numbers.  Of those three numbers, two of them are given to us wholesale by each coin (they're not guesses/estimates).  The third is price, which I've covered quite a bit before.  I'm pretty sure we got it pretty correct, and are usually mining the correct one(s).

So buy up all the vertcoin we are dumping and hold them LOL it is the nature of multipools that payout in BTC to cash out as fast as possible
To do what you suggest would require all multipools that mine vertcoin to hold them for a period in order to have any effect at all.
Change your coin to Pure PoS if you want multipools to stop
We feast upon PoW+PoS coins too mmmm good.

Hello everyone.

This is a message to all of you mining vertcoin on wafflepool.

Vertcoin is one of the most undervalue coin at the moment and, at the same time, one of the best coins around (first stealth address, asic resistant, great community)

Mining and dump it at this price its just insane, not to mention that is harming it.

I just want to suggest you guys to mine vertcoin and hold them for a couple of months. I believe you may do some hundred percentage more profit.

Cheers,

mega

The "way more profitable" coins are also much more difficult coins to mine (darkcoin).  You're seeing things that happen every [long time] interspersed with things that happen [very often].  Would you prefer 200x0.01 transactions or 10x0.20 transaction?  You're just seeing a mix in that table.

I guess i have multi most profitable mining pools concept down wrong then, Do you not pay us the mining earnings that were actually exchanged? Or is our mining time/shares just a rough estimate with complex formulas then paid out to us?

@PW
are you staking the unexchanged supercoins for us or what?

3.7 on my 7950s.

Not on any exchanges yet but I'm sure it'll get on bittrex ...
I'll mine Maiacoin till it switches and just hold coins PoS till it gets listed somewhere

Looks like another ~15.5 days...
(43200 - 35700) * 180 / (86400)?

Also, I don't see any mention of POS (or POW ending) anywhere on Marucoin...

Definitely plenty of time assuming this goes out tomorrow.  Hell, even if it took a week, we'd still be in there plenty ahead of time...

Edit I'm an idiot and read that as "marucoin" and "x13" (just sort of read it as a response to my maru/x13 comment).  Sorry for that

Maiacoin PoW ends at block 43200 (Estimated 20 days mining).
Probably not enough time to get X15 on waffle ...
I got lucky and started mining right at launch
Network hashrate already 13.8 GHs !

The "way more profitable" coins are also much more difficult coins to mine (darkcoin).  You're seeing things that happen every [long time] interspersed with things that happen [very often].  Would you prefer 200x0.01 transactions or 10x0.20 transaction?  You're just seeing a mix in that table.


Correct, there is a good bit of estimating involved with the values that aren't converted.  We try to make sure they're reasonably accurate, but we can't be 100% (this is why they're listed as "estimated").


Still working on it.  Hit some snares with Marucoin (one of our launch coins) with the way we were submitting blocks (something wrong with the donation script).  Working on it now

Some of those look like they were mined only for a second or two. Also keep in mind that profitability is extremely time-sensitive, "way more profitable" may only last for a few seconds, and the pool can't always put all of its hashrate into a single coin.

Last 2 hours of earnings listed below: My question is why the ** coins are they being mined for so little btc? The coins right before(coins that quit to let ** coins mine) and the coins following ** coins are way way more profitable.Check out chart for last 2 hours (9pm to 11pm)

06/28/2014 10:55:10 PM    darkcoin    0.00024300    0.00000380
06/28/2014 10:55:02 PM    venividivici    0.11742240    0.00000316
06/28/2014 10:55:01 PM    saffroncoin    0.00713464    0.00000005 **
06/28/2014 10:50:02 PM    fractalcoin    0.00266415    0.00000135
06/28/2014 10:50:02 PM    venividivici    0.02743434    0.00000074
06/28/2014 10:49:09 PM    darkcoin    0.00024401    0.00000384
06/28/2014 10:47:09 PM    glyphcoin    0.00274079    0.00000009 **
06/28/2014 10:45:08 PM    glyphcoin    0.00274079    0.00000009 **
06/28/2014 10:43:08 PM    glyphcoin    0.00274079    0.00000009 **
06/28/2014 10:40:03 PM    fractalcoin    0.00170628    0.00000094
06/28/2014 10:40:03 PM    venividivici    0.05486868    0.00000147
06/28/2014 10:35:03 PM    cryptcoin    0.00319184    0.00000127
06/28/2014 10:35:02 PM    venividivici    0.05332862    0.00000143
06/28/2014 10:30:02 PM    venividivici    0.08448780    0.00000227
06/28/2014 10:29:07 PM    darkcoin    0.00024341    0.00000383
06/28/2014 10:25:08 PM    darkcoin    0.00024346    0.00000386
06/28/2014 10:25:03 PM    cryptcoin    0.00171299    0.00000065
06/28/2014 10:25:02 PM    venividivici    0.08448781    0.00000227
06/28/2014 10:20:12 PM    darkcoin    0.00022819    0.00000362
06/28/2014 10:20:02 PM    fractalcoin    0.00245291    0.00000135
06/28/2014 10:20:02 PM    venividivici    0.18104668    0.00000487
06/28/2014 10:15:03 PM    fractalcoin    0.00083039    0.00000046
06/28/2014 10:15:02 PM    cryptcoin    0.00180592    0.00000072
06/28/2014 10:05:01 PM    saffroncoin    0.01783660    0.00000013
06/28/2014 10:00:03 PM    cryptcoin    0.00180767    0.00000068
06/28/2014 10:00:02 PM    saffroncoin    0.00713464    0.00000005 **
06/28/2014 09:58:10 PM    glyphcoin    0.00533286    0.00000017
06/28/2014 09:55:02 PM    venividivici    0.10082096    0.00000272
06/28/2014 09:50:02 PM    saffroncoin    0.02592408    0.00000018
06/28/2014 09:45:03 PM    fractalcoin    0.00185200    0.00000102
06/28/2014 09:40:03 PM    urocoin    0.00063123    0.00000046
06/28/2014 09:40:03 PM    venividivici    0.04954622    0.00000133
06/28/2014 09:40:02 PM    saffroncoin    0.01851720    0.00000013
06/28/2014 09:40:02 PM    survivorcoin    0.00046968    0.00000007  **
06/28/2014 09:35:03 PM    fractalcoin    0.00212874    0.00000117
06/28/2014 09:35:03 PM    saffroncoin    0.01111032    0.00000008 **
06/28/2014 09:35:01 PM    venividivici    0.02555388    0.00000069
06/28/2014 09:30:03 PM    saffroncoin    0.00740688    0.00000005 **
06/28/2014 09:30:01 PM    venividivici    0.05110776    0.00000137
06/28/2014 09:28:07 PM    glyphcoin    0.00279750    0.00000010
06/28/2014 09:25:03 PM    fractalcoin    0.00112932    0.00000064
06/28/2014 09:25:02 PM    venividivici    0.05127225    0.00000138
06/28/2014 09:24:14 PM    glyphcoin    0.00806007    0.00000028
06/28/2014 09:20:05 PM    survivorcoin    0.00005871    0.00000001 **
06/28/2014 09:20:03 PM    cryptcoin    0.00352032    0.00000133
06/28/2014 09:20:02 PM    venividivici    0.05414726    0.00000146
06/28/2014 09:19:08 PM    darkcoin    0.00018287    0.00000290
06/28/2014 09:15:03 PM    urocoin    0.00247292    0.00000182
06/28/2014 09:10:03 PM    fractalcoin    0.00116593    0.00000066
06/28/2014 09:10:02 PM    urocoin    0.00178370    0.00000131

**=coins that have a almost nothing btc earnings
coins mined right before and after these ** coins all have considerable more earnings then  the ** coins

again why did the pool switch to these ** coins instead of just keep mining clear obvious more earning coin?

contact: [email protected], /r/wafflepool, bitcointalk, server time: 06/28/2014 10:57:10 PM

The total = All payout done to your address + actual round not payed yet to your btc address (wich can vary a little due the unconverted that can go high or low ^^ )

Thanks Zels for your reply, i do understand that Earned and Unconverted amount keeps changing.
However the total amount shouldn't right, Look at my total balance at 4:08 PM and 12:31 AM, the amount has reduced.

Thanks again for your reply Zels.

Just want to throw a big thank you out here to all of the people talking about the new AMD drivers and new SGminer version out, in particular utahjohn. I've upgraded my linux rigs to the 14.6 drivers, updated my sgminer, tweaked my settings and overlocking and it's increased my hash rate on x11 by almost 50% over what I was getting before. Seriously... HUGE difference. Thanks a ton!!

Nothing wrong with your earning.

Earned keep increasing as coin are traded to btc
Unconverted: It's just an estimate of your earning if coin are traded at this time.

Price can go up or down as time pass until they're sold for btc.

@ PW

First off, awesome job with the scrypt profitability (mined for almost 3 months). And now jumped to X11 since it went live, i have been mining x11 with a new address since few weeks ago, and i have a strange issue since past 3 to 4 days now.

                                            Server time:     Server time:            Difference
                                            2014-06-28      2014-06-29
                                              16:08:07         00:31:05
X11   
Earned (not yet sent)          -     0.00258609        0.00261595        0.000029860     
Unconverted (approximate)   -     0.00004641        0.00001573      -0.000030680
Earned+Unconverted            -     0.00263250       0.00263168       -0.000000820
Total                                -     0.00737592        0.00737510     -0.000000820


The strange issue is that i have my balance vanishing/reducing with time. If i mine for few hrs and stop, and later check back say after a day, i see that the balance has reduced. (i know thats impossible, but its happening)

Would really appreciate if you or anyone from the community helped me out. I have moved my rig to another pool, but really wana come back to WP.