Topic: The PPNLS system. (Read 2776 times)
this page has a diagram to illustrate the concept http://chn.ub3rl33t.com/about
PPLNS= you have to mine for a day or so before you see proper payout. You get paid after you stop mining as well.
I really don't understand the PPNLS system... Any suggestions?
Yes, read about the PPLNS system until you understand.
https://bitcointalk.org/index.php?topic=39832.5
https://bitcoil.co.il/pool_summary.pdf
I think it depends on the size of the "n" used in calculating shares. For example, p2pool uses roughly the last day of shares to calculate your share of the block reward (to prevent pool hopping). Your reward is really low at first because you've only been mining for a fraction of the period in question.
You should also notice that you get paid after you stop mining, as shares from a previous block will be considered for many future blocks to come.
Suggestions? Stick with it for a day or so. Your rewards should increase steadily as you approach the "n" used to calculate the last "n" shares. (And when you stop mining, your rewards will decrease. Depending on difficulty, it'll roughly match what you didn't get when you started.)
You should also notice that you get paid after you stop mining, as shares from a previous block will be considered for many future blocks to come.
Suggestions? Stick with it for a day or so. Your rewards should increase steadily as you approach the "n" used to calculate the last "n" shares. (And when you stop mining, your rewards will decrease. Depending on difficulty, it'll roughly match what you didn't get when you started.)
I really don't understand the PPNLS system. According to a calculator I should be mining around 60 FTC per day, and around 5 LTC per day. I mine ~5 LTC at notroll consistently using PPS. Whenever I switch to any PPNLS pool I mine around ~1 LTC and ~6 FTC, these numbers are way off the calculator prediction obviously. Any suggestions?
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