Bitcoin Forum

Bitcoin => Mining => Topic started by: DarkKnightNomeD on June 01, 2011, 06:46:57 PM



Title: BtcMine Payout is going faster but....
Post by: DarkKnightNomeD on June 01, 2011, 06:46:57 PM
is it me or is anyone else noticing BTCmines Payout time is becoming shorter and shorter

also

im noticing lower and lower payments, i have it on 1 btc payout

1.19   05/29/2011 12:32:00   05/29/2011 12:46:44
1.18    05/30/2011 13:13:14    05/30/2011 13:31:42
1.06    05/31/2011 07:42:16    05/31/2011 08:05:11
1.03    06/01/2011 00:45:45    06/01/2011 01:08:22
1.01    06/01/2011 18:17:10    06/01/2011 18:32:16


Title: Re: BtcMine Payout is going faster but....
Post by: martok on June 01, 2011, 07:18:25 PM
So wouldn't that just mean their overall hashrate is increasing? They are finding blocks faster but your mining is composing a smaller proportion of the overall speed so your payments will be smaller. It should be a wash.


Title: Re: BtcMine Payout is going faster but....
Post by: DarkKnightNomeD on June 01, 2011, 08:30:00 PM
So wouldn't that just mean their overall hashrate is increasing? They are finding blocks faster but your mining is composing a smaller proportion of the overall speed so your payments will be smaller. It should be a wash.

i think your right

im thinking new miners, and miners from deepbit are moving to btcmine


Title: Re: BtcMine Payout is going faster but....
Post by: error on June 01, 2011, 10:54:29 PM
Sounds like the pool is having a lucky streak.


Title: Re: BtcMine Payout is going faster but....
Post by: gigabytecoin on June 01, 2011, 11:37:11 PM
More miners = faster block finds = faster payouts.

More miners = smaller payouts. (Because you are doing proportionately less work than before.)