i understand that meebs but if a mining evolution generates say 100k shares then each share is worth a certain amount of the 50 coins earned. if the evolution generates 10M shares because it was a long ass mining effort to find it, then the shares are worth less, but you will have more of them. your 'profit' from the coin find will be essentially the same but your shares will not be the same. that 50 coins split between the shares, each share should be worth more coins per with a short find time.
Aaron
Topic: Well that blows - page 2. (Read 4285 times)
Im on the 50btc pps now and it seems a share is always worth the same amount, been that way for days it appears,. I would think that the value would change slightly as the overall time changes to find them.
Aaron
Aaron
that is the ENTIRE point of a pps pool.. equal payment for a share, no matter when why or how.
I kind of see that idzy, and it appears there really is no perfect solution.
I try to mine always but sometimes I need the computer for some other crunching and with both video cards burning at 100 percent, watching a movie is out of the question, so will shut one down,
or crunching some blu rays or something. It just sucks when I put say 8 hours into a 10 hour coin, but because I was gone the last 45 minutes my shares effectively dropped to zero, because they are only looking at the last half hour.
Im on the 50btc pps now and it seems a share is always worth the same amount, been that way for days it appears,. I would think that the value would change slightly as the overall time changes to find them.
Oh well, Ill quit crying and go lay over by my dish now
Aaron
I try to mine always but sometimes I need the computer for some other crunching and with both video cards burning at 100 percent, watching a movie is out of the question, so will shut one down,
or crunching some blu rays or something. It just sucks when I put say 8 hours into a 10 hour coin, but because I was gone the last 45 minutes my shares effectively dropped to zero, because they are only looking at the last half hour.
Im on the 50btc pps now and it seems a share is always worth the same amount, been that way for days it appears,. I would think that the value would change slightly as the overall time changes to find them.
Oh well, Ill quit crying and go lay over by my dish now
Aaron
Hoppers jump on a pool like slushes stick around for 30-45 minutes and if a block isnt found in that time leave to another pool starting a new round. They get their "fair" share on the short rounds but that reduces the share of the loyal miners that will stick it out for the 14 hour rounds.
On the long rounds they get nothing, or if they are lucky they might get a little bit if the round ends shortly after they leave.
The way I see it is if the round is less than 3 hours then I do better than I would on a pps pool but the hoppers make it less profitable on short rounds. But I stick out the long rounds because on average if I keep track of the # of shares I submit I find I still make more sticking with slush then I would on a pps pool.
But if you don't mine constantly then you are better off on a pps pool.
On the long rounds they get nothing, or if they are lucky they might get a little bit if the round ends shortly after they leave.
The way I see it is if the round is less than 3 hours then I do better than I would on a pps pool but the hoppers make it less profitable on short rounds. But I stick out the long rounds because on average if I keep track of the # of shares I submit I find I still make more sticking with slush then I would on a pps pool.
But if you don't mine constantly then you are better off on a pps pool.
I understand that shadow, as I have seen in slush's pool, the value of the shares goes up and down, but the value is 'estimated' and only paid out after the block is found, and the real number is figured out right?
So for 'hoppers' I am assuming they watch the different pools, and when one starts a new block, they hop in early get a bit and then get out of it, looking for another new one?
Im just trying to learn all this and honestly don't have the time to hop all over the place, I want to set my rig up and leave it run w/o having to constantly babysit.
I will give the 50btc pool a try and see how that works out for me over a few days.
Thank you for the education everyone.
Aaron
So for 'hoppers' I am assuming they watch the different pools, and when one starts a new block, they hop in early get a bit and then get out of it, looking for another new one?
Im just trying to learn all this and honestly don't have the time to hop all over the place, I want to set my rig up and leave it run w/o having to constantly babysit.
I will give the 50btc pool a try and see how that works out for me over a few days.
Thank you for the education everyone.
Aaron
jwzguy, how does it screw over the people who stay there? If I do say 1/100th of the work, isn't it fair that I get 1/100th of the bounty?
Because the shares early in a round on a proportional pool have a higher predicted yield than shares later in a round.
When people hop, 24/7 miners get in less shares early in the round and so their average predicted yield is lower.
Nicely summed up.
Ascholten - bottom line - if you want the "fairest" (by the criteria you outlined) payout for the amount of work you put in, join a PPS pool like BTCGuild. You will be happy.
jwzguy, how does it screw over the people who stay there? If I do say 1/100th of the work, isn't it fair that I get 1/100th of the bounty?
Because the shares early in a round on a proportional pool have a higher predicted yield than shares later in a round.
When people hop, 24/7 miners get in less shares early in the round and so their average predicted yield is lower.
jwzguy, how does it screw over the people who stay there? If I do say 1/100th of the work, isn't it fair that I get 1/100th of the bounty?
If a 'solution' is going to take X calculations to get to the bottom of it, doesn't my 'share' bring you that much closer to payday? Doesn't my work bring you to that solution just that much quicker?
IM not trying to be an asshole, but how does someone hopping hurt? Again unless, as I said before a certain pool is just going to pay for 'being there' and not 'how much work' you actually contributed.
In case you haven't figured it out yet, im fairly new here and don't know all this stuff yet that others can take for general knowledge.
Thank you.
Aaron
If a 'solution' is going to take X calculations to get to the bottom of it, doesn't my 'share' bring you that much closer to payday? Doesn't my work bring you to that solution just that much quicker?
IM not trying to be an asshole, but how does someone hopping hurt? Again unless, as I said before a certain pool is just going to pay for 'being there' and not 'how much work' you actually contributed.
In case you haven't figured it out yet, im fairly new here and don't know all this stuff yet that others can take for general knowledge.
Thank you.
Aaron
Thank you for the reply shadow. I was under the impression that they were 'fair' as they claim and all your work gets treated evenly, everyone gets their 'fair share'. Obviously not.
With that, why is hopping bad? If I do one percent of the crunching work, and I get 1 percent of the profits, why is that a bad thing? If I stay longer, and technically do, say 15 percent of the crunching work, and get 15 percent of the share, that's 'good' or the way it is 'supposed' to be right?
Are there pools out there where it's just the 'participation' that matters, not how much you participated, in which this actually IS a problem? If so, very odd.
Aaron
Hopping is bad because it screws over the people who stay on a single pool. With that, why is hopping bad? If I do one percent of the crunching work, and I get 1 percent of the profits, why is that a bad thing? If I stay longer, and technically do, say 15 percent of the crunching work, and get 15 percent of the share, that's 'good' or the way it is 'supposed' to be right?
Are there pools out there where it's just the 'participation' that matters, not how much you participated, in which this actually IS a problem? If so, very odd.
Aaron
If you don't like the reward calculation, switch to a pool that uses a different one. I use BTCGuild, and every share is paid out exactly the same amount.
Thank you for the reply shadow. I was under the impression that they were 'fair' as they claim and all your work gets treated evenly, everyone gets their 'fair share'. Obviously not.
With that, why is hopping bad? If I do one percent of the crunching work, and I get 1 percent of the profits, why is that a bad thing? If I stay longer, and technically do, say 15 percent of the crunching work, and get 15 percent of the share, that's 'good' or the way it is 'supposed' to be right?
Are there pools out there where it's just the 'participation' that matters, not how much you participated, in which this actually IS a problem? If so, very odd.
Aaron
With that, why is hopping bad? If I do one percent of the crunching work, and I get 1 percent of the profits, why is that a bad thing? If I stay longer, and technically do, say 15 percent of the crunching work, and get 15 percent of the share, that's 'good' or the way it is 'supposed' to be right?
Are there pools out there where it's just the 'participation' that matters, not how much you participated, in which this actually IS a problem? If so, very odd.
Aaron
graet, no, I did not submit 8 shares out of the millions. I submitted 8 hours worth of mining out of the total 14 give or take an hour or so.
So let's say my normal 'cut' would have been 10 cents, if I did half the work I normally did, then my cut should be about 4 to 5 cents... (i say cents but you know what I mean so don't try to nit that to avoid the issue).
My point was I DID submit significant work towards this block but got flat out ZERO for it. Even if as you said, I only submitted 8 shares out of the entire job, I should still see SOME, small return for it.
Aaron
That's how score proportional systems work. The value of your shares decays rapidly over time, so on slush only the last maybe 15 minutes worth of hashing actually matters to any great extent when a block is found.So let's say my normal 'cut' would have been 10 cents, if I did half the work I normally did, then my cut should be about 4 to 5 cents... (i say cents but you know what I mean so don't try to nit that to avoid the issue).
My point was I DID submit significant work towards this block but got flat out ZERO for it. Even if as you said, I only submitted 8 shares out of the entire job, I should still see SOME, small return for it.
Aaron
It makes the thing a little bit less profitable for hoppers basically.
graet, no, I did not submit 8 shares out of the millions. I submitted 8 hours worth of mining out of the total 14 give or take an hour or so.
So let's say my normal 'cut' would have been 10 cents, if I did half the work I normally did, then my cut should be about 4 to 5 cents... (i say cents but you know what I mean)
My point was I DID submit significant work towards this block but got flat out ZERO for it. Even if as you said, I only submitted 8 shares out of the entire job, I should still see SOME, small return for it. I have had blocks like that where I submitted such a small amount it said 0.00000000 I see that as what you described, the rounding, but when it just flat out says ... you share... NONE, that tells me it didn't even consider me.
Aaron
So let's say my normal 'cut' would have been 10 cents, if I did half the work I normally did, then my cut should be about 4 to 5 cents... (i say cents but you know what I mean)
My point was I DID submit significant work towards this block but got flat out ZERO for it. Even if as you said, I only submitted 8 shares out of the entire job, I should still see SOME, small return for it. I have had blocks like that where I submitted such a small amount it said 0.00000000 I see that as what you described, the rounding, but when it just flat out says ... you share... NONE, that tells me it didn't even consider me.
Aaron
What pool? Sounds like Prop with some sort of anti-hopping hacked-together solution.
Switch pools.
He's talking about Slush's pool, they had a 14 hour block yesterday and now that they've changed c on the score system there shares lose value quite quickly... Switch pools.
Just got done thru a 14 hour block to find the coin.
I crunched probably 8 or those mostlikely more.
I shut down the crunchers for a few hours because I needed the comp's power for other tasks.
Typically I get from oh say 6 to 10 cents worth of BC per completed unit.,
I got exactly 0.0000000000 BC share for all that work.
so I give you that many hours of crunching and get shit on?
so all the work I did in the 'middle' doesn't count for squat for the overall payout? That's not what the site claims.
WTF.
Aaron
I'll try to decipherI crunched probably 8 or those mostlikely more.
I shut down the crunchers for a few hours because I needed the comp's power for other tasks.
Typically I get from oh say 6 to 10 cents worth of BC per completed unit.,
I got exactly 0.0000000000 BC share for all that work.
so I give you that many hours of crunching and get shit on?
so all the work I did in the 'middle' doesn't count for squat for the overall payout? That's not what the site claims.
WTF.
Aaron
the pool you mine on had a 14hour block
you submitted 8 shares (maybe more) of many millions of shares
when the block completed you had so few shares that when rounded down you get 0.0000000000 BC
you probably did earn 0.00000000000001 BC but the pool software only shows to 8 decimal places (the accepted standard)
what are you mining on and what software?
a cpu that does 8 (or a few more) shares in 14 hours is costing you more in electricity than you could ever earn back.
Just got done thru a 14 hour block to find the coin.
I crunched probably 8 or those mostlikely more.
I shut down the crunchers for a few hours because I needed the comp's power for other tasks.
Typically I get from oh say 6 to 10 cents worth of BC per completed unit.,
I got exactly 0.0000000000 BC share for all that work.
so I give you that many hours of crunching and get shit on?
so all the work I did in the 'middle' doesn't count for squat for the overall payout? That's not what the site claims.
WTF.
Aaron
I crunched probably 8 or those mostlikely more.
I shut down the crunchers for a few hours because I needed the comp's power for other tasks.
Typically I get from oh say 6 to 10 cents worth of BC per completed unit.,
I got exactly 0.0000000000 BC share for all that work.
so I give you that many hours of crunching and get shit on?
so all the work I did in the 'middle' doesn't count for squat for the overall payout? That's not what the site claims.
WTF.
Aaron
switch to a PPS pool like 50btc or ozcoin or btcguild
you'll get paid the exact same for EVERY single share you submit no matter what or when.
What pool? Sounds like Prop with some sort of anti-hopping hacked-together solution.
Switch pools.
Switch pools.
Just got done thru a 14 hour block to find the coin.
I crunched probably 8 or those mostlikely more.
I shut down the crunchers for a few hours because I needed the comp's power for other tasks.
Typically I get from oh say 6 to 10 cents worth of BC per completed unit.,
I got exactly 0.0000000000 BC share for all that work.
so I give you that many hours of crunching and get shit on?
so all the work I did in the 'middle' doesn't count for squat for the overall payout? That's not what the site claims.
WTF.
Aaron
I crunched probably 8 or those mostlikely more.
I shut down the crunchers for a few hours because I needed the comp's power for other tasks.
Typically I get from oh say 6 to 10 cents worth of BC per completed unit.,
I got exactly 0.0000000000 BC share for all that work.
so I give you that many hours of crunching and get shit on?
so all the work I did in the 'middle' doesn't count for squat for the overall payout? That's not what the site claims.
WTF.
Aaron
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