Little question concerning p2p mining
I've been mining vertcoin now for 1.5 days p2p and I'm quite happy with the results, i seem to get about similar amount as what the profit calculators predict for my hashrate.
However, there is a strange anomaly i can't get a grip on. At the p2p pool I'm mining i have the fastest hashrate but there is this other address of somebody with smaller hashrate who constantly gets bigger payout then me, how is this possible? I did notice my diff is higher then for the other people there, could that be the reason?
I've been mining vertcoin now for 1.5 days p2p and I'm quite happy with the results, i seem to get about similar amount as what the profit calculators predict for my hashrate.
However, there is a strange anomaly i can't get a grip on. At the p2p pool I'm mining i have the fastest hashrate but there is this other address of somebody with smaller hashrate who constantly gets bigger payout then me, how is this possible? I did notice my diff is higher then for the other people there, could that be the reason?
if a person finds a block they get a better portion of the reward for that block.
also the reward is based on how many shares you submit and are accepted not your hash rate.
the prediction is just that.. a prediction based on how quickly shares are being submitted by your miner.
the time it takes so calculate a share and submit it to the pool is variable... so if you are lucky and submit 3 in a row quickly then the predicted payout will go up.. if you are unlucky and submit several shares slowly the rate will go down.
Thanks for this clear explaniation Alphi and all other people who took the time to explain this!
I was not aware of the fact block finders get something extra, great to hear, I'm starting to love this vertcoin more and more
