Bitcoin Forum

Other => Beginners & Help => Topic started by: isbe on November 28, 2012, 08:23:23 AM



Title: Bitcoinpool long round question
Post by: isbe on November 28, 2012, 08:23:23 AM
Hi,

I've been pretty new to bitcoin mining. I've joined bitcoinpool.com and have mined during two blocks that didn't take very long to get payed a little.

So now I've been mining for 10 days and it seems that the current block still isn't finished, the round time is over 10 days! So I have a couple of questions:

* Is there any way to know when (approximately) the current round will be over?
* If the round is over after the payments go down with 50% to 25BTC, does that mean they will pay me out 50% of what I mined thus far?

Just some things that I hope someone reading this can clear up for me. THX :)

*EDIT* The round has completed shortly after I posted this. The answers still interest me... thanks.


Title: Re: Bitcoinpool long round question
Post by: Graet on November 28, 2012, 12:41:18 PM
currently the number of shares on average to find a block is 3,438,909
depending on the pools hashrate it can take longer or shorter to reach the average
note *average
it can take many more or many less shares to find a block - thats where the luck comes in :)
it is not possible to know when a pool will next find a block

the other question you would have to ask your pool operator about
Best wishes
Graet




Title: Re: Bitcoinpool long round question
Post by: organofcorti on December 16, 2012, 01:28:07 PM
Something very strange and worrying happening at bitcoinpool. See my first post on the subject: http://organofcorti.blogspot.com/2012/10/81-bitcoinpool-another-bitclockers.html


Title: Re: Bitcoinpool long round question
Post by: Gabi on December 16, 2012, 03:52:22 PM
Quote
Is there any way to know when (approximately) the current round will be over?
No.