Bitcoin Forum

Alternate cryptocurrencies => Pools (Altcoins) => Topic started by: pornluver on April 07, 2017, 08:08:27 AM



Title: Need a Pool that's suitable for those with better timing
Post by: pornluver on April 07, 2017, 08:08:27 AM
Imagine a pool having 2 people.

A mines for 1 minute when difficulty is 1000. Then B mine for 1 minute when difficulty is 1. Let's for simplicity sake difficulty change from 1 to 1000 to 1 to 1000 to 1 to 1000 every minute. Say they both got the same machine.

Every 1-2 hours the pool solve some blocks.

The way I understand it is that the pool got far more contribution from B than from A. B contribution to solve some blocks is higher because B provides hash when difficulty is lower.

However, in most pools, A and B will get roughly the exact same payment.

They submit the same number of shares for the same stratum difficulty.

Am I correct here?

This is important for those who are buying nicehash hash to sell to some other pool. Even though you time your buying when difficulty is low you are rewarded as much as anyone with worse timing,

Are there any pool that rewards you more when you mine at lower difficulty?

I am thinking of making my own pool. Any coins (or test coins) I can solo to test things out?


Title: Re: Need a Pool that's suitable for those with better timing
Post by: pallas on April 07, 2017, 11:18:48 AM
the reward will not be the same, because the pool will find more blocks when the difficulty is low.
how that reflects to miners payment, depends on the share reward method.


Title: Re: Need a Pool that's suitable for those with better timing
Post by: pornluver on April 07, 2017, 03:16:07 PM
the reward will not be the same, because the pool will find more blocks when the difficulty is low.
how that reflects to miners payment, depends on the share reward method.

That would happen is time between blocks are short compared to time for difficulty change. What about if difficulty change more often than time between blocks? If N is PPLNS is big enough the pay will be roughly the same.


Title: Re: Need a Pool that's suitable for those with better timing
Post by: pallas on April 07, 2017, 03:23:47 PM
the reward will not be the same, because the pool will find more blocks when the difficulty is low.
how that reflects to miners payment, depends on the share reward method.

That would happen is time between blocks are short compared to time for difficulty change. What about if difficulty change more often than time between blocks? If N is PPLNS is big enough the pay will be roughly the same.

the diff can't change more often than blocks, and there is always some smoothness in diff changes.


Title: Re: Need a Pool that's suitable for those with better timing
Post by: pornluver on April 07, 2017, 05:09:40 PM
the reward will not be the same, because the pool will find more blocks when the difficulty is low.
how that reflects to miners payment, depends on the share reward method.

That would happen is time between blocks are short compared to time for difficulty change. What about if difficulty change more often than time between blocks? If N is PPLNS is big enough the pay will be roughly the same.

the diff can't change more often than blocks, and there is always some smoothness in diff changes.
Really?

I saw https://miningpoolhub.com/ earns a lot in miningpoolhub.com. .037

Now it earns only .014999

So I mine when it worths .037. Quickly quit when it drops. However, I wonder if my hash really worth .037 BTC/Ghday when I send them? I would be sharing my rewards with those that mine when the value is lower.

Looks like I did make a bit of profit.


Title: Re: Need a Pool that's suitable for those with better timing
Post by: hashrefinery on April 08, 2017, 02:13:04 AM
the reward will not be the same, because the pool will find more blocks when the difficulty is low.
how that reflects to miners payment, depends on the share reward method.

That would happen is time between blocks are short compared to time for difficulty change. What about if difficulty change more often than time between blocks? If N is PPLNS is big enough the pay will be roughly the same.

the diff can't change more often than blocks, and there is always some smoothness in diff changes.
Really?

I saw https://miningpoolhub.com/ earns a lot in miningpoolhub.com. .037

Now it earns only .014999

So I mine when it worths .037. Quickly quit when it drops. However, I wonder if my hash really worth .037 BTC/Ghday when I send them? I would be sharing my rewards with those that mine when the value is lower.

Looks like I did make a bit of profit.

The share difficulty is negotiated between your mining software and the pool software - is is not related to the coin / algorithm difficulty.  The purpose of varying the client difficulty is to ensure shares are submitted regularly, but not so frequently as to create unnecessary load on the pool.

When a block is found, the pool software will assign the block reward (minus fee) proportionally across all miners holding valid shares.  The definition of a valid share will vary somewhat based on payment model the pool uses.


Title: Re: Need a Pool that's suitable for those with better timing
Post by: pornluver on April 08, 2017, 11:50:23 AM
the reward will not be the same, because the pool will find more blocks when the difficulty is low.
how that reflects to miners payment, depends on the share reward method.

That would happen is time between blocks are short compared to time for difficulty change. What about if difficulty change more often than time between blocks? If N is PPLNS is big enough the pay will be roughly the same.

the diff can't change more often than blocks, and there is always some smoothness in diff changes.
Really?

I saw https://miningpoolhub.com/ earns a lot in miningpoolhub.com. .037

Now it earns only .014999

So I mine when it worths .037. Quickly quit when it drops. However, I wonder if my hash really worth .037 BTC/Ghday when I send them? I would be sharing my rewards with those that mine when the value is lower.

Looks like I did make a bit of profit.

The share difficulty is negotiated between your mining software and the pool software - is is not related to the coin / algorithm difficulty.  The purpose of varying the client difficulty is to ensure shares are submitted regularly, but not so frequently as to create unnecessary load on the pool.

When a block is found, the pool software will assign the block reward (minus fee) proportionally across all miners holding valid shares.  The definition of a valid share will vary somewhat based on payment model the pool uses.

I am aware of that.

That is not the issue.

Anyway I am thinking of finding pps pool.

Is zpool pps?