reason for sudden fall to 50% of pps/th earning in hashnest

tmfp

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"Common rogue from Russia with a bare ass."

Quote from: tbonetony on February 07, 2017, 03:57:19 PM

I am not a big fan of hashnest but the current per T PPS earning is exactly: 0.0005956 as per https://bitcoinwisdom.com/bitcoin/difficulty.

So what is all this surprise about?

Indeed.
At previous difficulty of 392,963,262,344 1Th/s would have earned 0.0006399 according to Coinwarz (which I understand to be a PPS calculation), so maybe the real question re: OP's chart is why was PPS, at that old difficulty, showing at nearly 0.0008 in the first place?
My understanding is that PPLNS is more profitable than PPS, the reverse of what the chart indicated prior to the difficulty change.

xhomerx10

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Quote from: DarkStar_ on February 07, 2017, 04:16:52 PM

Quote from: xhomerx10 on February 07, 2017, 03:51:31 PM

Yeah difficulty increased on Feb 3rd by about 7.5% so seeing a reduction in pps/TH by 25% doesn't seem right.
It could just be bad luck on the part of the pool as well - give it a couple of days.

PPS is Pay Per Share, which pays a fixed BTC amount per share that your miner submits. The variance is entirely on the pool owner, so whether you have good luck or bad luck, you make the same amount.

Damn! I knew that but I was looking at PPLNS at the same time and I got confused ;(
Thanks for pointing that out.

DarkStar_

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Quote from: xhomerx10 on February 07, 2017, 03:51:31 PM

Yeah difficulty increased on Feb 3rd by about 7.5% so seeing a reduction in pps/TH by 25% doesn't seem right.
It could just be bad luck on the part of the pool as well - give it a couple of days.

PPS is Pay Per Share, which pays a fixed BTC amount per share that your miner submits. The variance is entirely on the pool owner, so whether you have good luck or bad luck, you make the same amount.

tbonetony

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No zuo no die why you try, u zuo u die dont be shy

I am not a big fan of hashnest but the current per T PPS earning is exactly: 0.0005956 as per https://bitcoinwisdom.com/bitcoin/difficulty.

So what is all this surprise about?

xhomerx10

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Yeah difficulty increased on Feb 3rd by about 7.5% so seeing a reduction in pps/TH by 25% doesn't seem right.
It could just be bad luck on the part of the pool as well - give it a couple of days.

ImHash

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How sudden in one day? if that's the case then it's a %25 decrease and if someone used to earn $1000 daily now only earns $750.

tbonetony

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No zuo no die why you try, u zuo u die dont be shy

Eh... i think you need to learn how to read a chart correctly. 0.0008 -> 0.0006 is NO 50% drop.

mobnepal

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https://bitcoinwisdom.com/bitcoin/difficulty

Code:

Feb 04 2017 422,170,566,884 7.43% 3,022,014,630 GH/s
Jan 22 2017 392,963,262,344 16.64% 2,812,940,600 GH/s

Difficulty have only rose by 7% so 50% drop only due to increase in mining difficulty doesn't sound realistic. May be it is due to hardware failure or maintenance. Actually i don't believe in all this cloud mining and don't think it will be profitable in long run.

bapparabi

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hi as i can see there huge almost 50% down in pps/th payout

http://prntscr.com/e54blp

do this due the recent increase in difficulty of bitcoin or any other reason

Topic: reason for sudden fall to 50% of pps/th earning in hashnest (Read 584 times)