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Title: reason for sudden fall to 50% of pps/th earning in hashnest Post by: bapparabi on February 06, 2017, 10:24:01 AM hi as i can see there huge almost 50% down in pps/th payout
http://prntscr.com/e54blp do this due the recent increase in difficulty of bitcoin or any other reason Title: Re: reason for sudden fall to 50% of pps/th earning in hashnest Post by: mobnepal on February 06, 2017, 11:17:10 AM https://bitcoinwisdom.com/bitcoin/difficulty
Code: Feb 04 2017 422,170,566,884 7.43% 3,022,014,630 GH/s Difficulty have only rose by 7% so 50% drop only due to increase in mining difficulty doesn't sound realistic. May be it is due to hardware failure or maintenance. Actually i don't believe in all this cloud mining and don't think it will be profitable in long run. Title: Re: reason for sudden fall to 50% of pps/th earning in hashnest Post by: tbonetony on February 07, 2017, 07:38:37 PM Eh... i think you need to learn how to read a chart correctly. 0.0008 -> 0.0006 is NO 50% drop.
Title: Re: reason for sudden fall to 50% of pps/th earning in hashnest Post by: ImHash on February 07, 2017, 07:48:19 PM How sudden in one day? if that's the case then it's a %25 decrease and if someone used to earn $1000 daily now only earns $750.
Title: Re: reason for sudden fall to 50% of pps/th earning in hashnest Post by: xhomerx10 on February 07, 2017, 07:51:31 PM Yeah difficulty increased on Feb 3rd by about 7.5% so seeing a reduction in pps/TH by 25% doesn't seem right.
It could just be bad luck on the part of the pool as well - give it a couple of days. Title: Re: reason for sudden fall to 50% of pps/th earning in hashnest Post by: tbonetony on February 07, 2017, 07:57:19 PM I am not a big fan of hashnest but the current per T PPS earning is exactly: 0.0005956 as per https://bitcoinwisdom.com/bitcoin/difficulty.
So what is all this surprise about? Title: Re: reason for sudden fall to 50% of pps/th earning in hashnest Post by: DarkStar_ on February 07, 2017, 08:16:52 PM Yeah difficulty increased on Feb 3rd by about 7.5% so seeing a reduction in pps/TH by 25% doesn't seem right. PPS is Pay Per Share, which pays a fixed BTC amount per share that your miner submits. The variance is entirely on the pool owner, so whether you have good luck or bad luck, you make the same amount.It could just be bad luck on the part of the pool as well - give it a couple of days. Title: Re: reason for sudden fall to 50% of pps/th earning in hashnest Post by: xhomerx10 on February 07, 2017, 08:28:46 PM Yeah difficulty increased on Feb 3rd by about 7.5% so seeing a reduction in pps/TH by 25% doesn't seem right. PPS is Pay Per Share, which pays a fixed BTC amount per share that your miner submits. The variance is entirely on the pool owner, so whether you have good luck or bad luck, you make the same amount.It could just be bad luck on the part of the pool as well - give it a couple of days. Damn! I knew that but I was looking at PPLNS at the same time and I got confused ;( Thanks for pointing that out. Title: Re: reason for sudden fall to 50% of pps/th earning in hashnest Post by: tmfp on February 07, 2017, 09:21:25 PM I am not a big fan of hashnest but the current per T PPS earning is exactly: 0.0005956 as per https://bitcoinwisdom.com/bitcoin/difficulty. So what is all this surprise about? Indeed. At previous difficulty of 392,963,262,344 1Th/s would have earned 0.0006399 according to Coinwarz (which I understand to be a PPS calculation), so maybe the real question re: OP's chart is why was PPS, at that old difficulty, showing at nearly 0.0008 in the first place? My understanding is that PPLNS is more profitable than PPS, the reverse of what the chart indicated prior to the difficulty change. |