Bitcoin Forum

Bitcoin => Pools => Topic started by: kritment on July 31, 2017, 11:45:21 PM



Title: Help in pools!
Post by: kritment on July 31, 2017, 11:45:21 PM
Hey Guys,

Yes Im a noob! so would appreciate some guidance. Sorry I am sure this has been asked a billion times here.

So currently I have 10 S9s with an effective hashrate on paper of 135Th/s. My general rule of thumb is to discount this by 10%.

So lets say 120Th/s is what I have. I have tried two pools so far.

Antpool for last 14 days, this gives me an effective average of return of $0.9 USD per Th/s/day so been ranging between 109USD - 131 USD Per Day.

Newhash as per their calculator I should be expecting around 100 bucks but in reality its no more than 88 USD per day.

i would appreciate some pointers to other pools etc I can/should try to make a little more cash.

Thanks


Title: Re: Help in pools!
Post by: kano on August 01, 2017, 12:19:45 AM
PPS pools pay you less.
They have a consistent daily reward, but that is lower than the expected reward of most low fee PPLNS pools.

Think of it this way ... do you pay your electricity bill every day ... or ... do you get paid on your job every day?

PPLNS pools rewards go up and down due to block finding variance, but longer term they expect to pay more.
Why?
Coz a low fee PPLNS pool (like my pool that expects to pay more than any other pool) pays you based on block reward and transaction fees.
In my case its 0.9% off the block+txnfee found with every block.

A pool like antpool has 2 'schemes'
1) PPLNS but they keep the txnfees - which for July that was about 10% extra they kept
2) PPS but PPS is calculated based on base block reward, not on the full block reward.

Basically you'd pay about 6 times more fees at antpool PPS vs my pool
and about 10 times more fees at antpool PPLNS vs my pool

PPLNS has variance, so the daily reward goes up and down.
Some days no reward, some days 2, 3 or more times the expected reward.
As long as you don't micro-analyse every reward you get and look at the big picture, weekly or monthly, you'll see you expect to be paid more.


Title: Re: Help in pools!
Post by: kritment on August 01, 2017, 01:10:09 AM
Thanks Kano for your words.
I have sent you a PM if you can reply
thanks


Title: Re: Help in pools!
Post by: kano on August 01, 2017, 02:30:28 AM
Thanks Kano for your words.
I have sent you a PM if you can reply
thanks
You need to send it first, then I'll reply :P

Or just go here :)
https://kano.is/index.php?k=pblocks
https://kano.is/