Bitcoin Forum

--------Conclusion-----------

The WDC community has concluded that it is common for you to receive 60% of what your pools "reward calculator" is displaying.

So if coinchoose is showing 180% profitability to BTC, it is in fact 60% of the 180%, which is 108% actual profitability to BTC.

This is common for all coins with a faster block time. This information will be added to the WDC forum, under a stickied FAQ thread within a day or so.

That is all.



---------Original post----------

The orphan rate on both coins is about 40% (slightly less on DGC, but still about the same). This means that you will be making 40% less of what you should be making, no matter what.


Coinchoose.com and most pool earnings calculators fail to include this fact, that's why you will notice that you are receiving far less coins than what the calcs say you should be getting.


Now, we can still have a coin with fast transactions, but I think most of the community fails to realize this, and think that they are getting "ripped off". Thus they give up on Worldcoin or DGC all together.


So realize this right now miners, 140% profitability for WorldCoin, actually means about 84% profitability. (60% of the 140% to Bitcoin).



Now with that knowledge, mine what you will mine, and let the market do it's thing. I still believe WorldCoin can be a good coin, but let's just get the facts right, and not put all of our trust on Coinchoose.com.

Um, so far, on Big Verns pool, there has been 1 orphan, in the last 200 blocks...And my CGMiner, shows a ~2% reject rate...Where did your numbers come from  ???

Correct me if I'm wrong, but I think the stale/orphan/reject rate isn't being correctly reported by the pool.


Have you noticed that you only get 55-60% of the estimated payout from his pool? Do the math.

DGC rate on a pool: http://54.227.253.120:9500/static/

Pool rate: 79.1MH/s (6.3% DOA+orphan) Share difficulty: 0.254

Node uptime: 2.455 days Peers: 0 out, 0 in

Local rate: 78.6MH/s (13% DOA) Expected time to share: 0.00386 hours

Shares: 15386 total (151 orphaned, 1204 dead) Efficiency: 97.27%

We already proved the orphan thing is a myth.

Ohhhh, it's a p2pool.  Dude, you can't compare p2pool orphans with non-p2pool or solo mining orphans.  Completely different things!

The orpan blocks, have a little line through them. And yes, for the first little while, I did only get about 55-60% payouts, but, because I can read, and understand how the PPLNS payout system works, I stuck with it, and now I get 90-95% of the estimated coins/day...Knowledge is power

I'm trying to put together why two of the best pools for WDC are only paying out 55-60% of what the projected earnings should be.

Erundook had an interesting point in this thread:

https://bitcointalk.org/index.php?topic=206904.msg2248624#msg2248624



and so did Maged in this thread

https://bitcointalk.org/index.php?topic=211535.msg2218876#msg2218876




I think these orphans/stale/rejects w/e, basically DOA pools shares, are going unseen. But they are happening, and they effectively reduce the overall network hashrate, and the hashrate of each miner by about 40%.

This isn't a PPLNS issue, I have been on BigVern's pool since it launched, and was still missing 40% of my payouts.

Don't know what to tell you, I get around what I should be getting. Do you have a slow hashrate? Some of those blocks solve pretty quickly, it's common for slower miners, to not be fast enough to submit a share, in a really fast round.
If you look at the block stats, and you see a lot of confirmed blocks, with no reward listed for you, than there's your issue. If that's the case, a smaller, slower pool, would be better for you

I hash at about 1.2, 1.3 Mhash.

All of my confirmed blocks on Vern's pool have payouts. I just jumped on a pool that was about 200 total Mhash, and the results were the same.

Dunno then. Obviously, this isn't a global problem, or this thread would be full of hundreds of replies, and global hashrate would drop.

I'm not the only one, look at this thread on BigVern's WDC Pool Forum:


http://forum.litebonk.com/index.php?topic=604.0

I've always preferred the p2pool's when available.  I have one for DGC that has been up more or less continuously since the early days of the coin:

http://54.227.253.120:9500/static/

I hear Vern's pools are great but my luck, overall, has been hit and miss with the push pools

Could this possibly be a problem with these settings i have in cgminer?

-s 1 -E 1 -q 0



???

Could be. I don't have those settings in my bat file. Not even sure what those settings do, tbh.

See, it was the opposite for me. I ran into problems, of not getting paid at all, because my slower miner, wasn't able to submit shares quick enough, to the P2Pools. Maybe now that I've upgraded to 1100 KH/sec, I won't have that problem anymore...

interesting, i just grabbed this line from one of the P2Pools forum post


*Note: If you are having payout issues, consider running your miners WITHOUT any expiry, queue or share difficulty tweaks at the end of your wallets.



i'll have to try this and test some more.


anyways thanks for the responses, yall can let this one die for now.

I had the same issue with WDC I used one of the stratum pools with lots of hash power and got around 30% stales, same with p2pool, I then joined a pool with a server close to my geographic location and stales are below 1% also i'm getting more coins (with difficulty taken into account) in addition, make sure you lower the intensity on your cards, I 18 seems to work great for my 7950's as well as 6950's,

coinchoose.com is a scam, they co-operate with scam coins to cheat the newbie  >:(

I'm going to let someone else have this one.

I wonder. The calculation for how many coins you get per day, is this assuming your finding a block, every 15 seconds? I'll gotta keep a closer eye on it now.

time to resolve block base on total network hashrate  ;)

I have 10,000khs and I've noticed that WDC (several of their pools) and DGC all the ones listed, I've tested them all.  They all seem to pay around 60% of the stated rate.  So It's not imaginary.  Initially I thought it was just my settings, but I've tried them all and moved around.  Same results.  The two coins seem to orphan a lot!  They both started out with a lot of orphans on the first day.  Like 90% oprhans, and now they are still producing orphans.

I set my miners to Litecoin and It's almost accurate to the teeth.

Must be the crap code in WDC and DGc, can't all be the same in every pool.

Go and try those coins yourself... 40% lol

I have also established a no fee p2pool for WDC

http://107.20.187.147:9500/static/

The pool is only experiencing about 5% orphans to the WDC network so might be a good bet if you want to mine that coin

Running these pools on dedicated servers so should be able to handle high load easily my DGC one is running about 100 mh/s and peaked at nearly 160 mh/s

Not much mh/s yet on the WDC one but I'm hoping it ramps up soon

back up the FUD truck we have a full load in this thread.

http://farm1.static.flickr.com/174/464207079_51da2f46a2.jpg

This honestly wasn't an attempt at FUD, that's just not my style.

Whether or not some of these posts from other users is FUD, that's for you to decide.

I may just be a newb here that didn't understand that he needed to delete his low difficulty solo mining settings.

Anywho, I'll update this thread when I find out more. Cheers!

Ps, cute picture, where can I buy some FUD Weiners?   :D

Look at that, I already grabbed 2.6 coins in the last 20 minutes, which is right on track with calculations.

So it looks as though I may just be an idiot after all (which is usually the case).


Anywho, Go Worldcoin!

Will report more as time goes on.

PROBLEM SOLVED:

After about one hour of mining with the following settings removed:

-s 1 -E 1 -q 0

I am now getting 87% of my projected earnings. So with PPLNS and pool luck (smaller pool), I would say calculations are spot on.

yup, I noticed this too when I tried mining WDC, the thing is it's blocktime is 15 seconds, so naturally you'll want expiry and scantime bellow that, but not all the way down as you put it.
I have it set up (in .conf file) to: scantime (-s) : 10, and expiry (-E): 15 and it works pretty fine (didn't calculate the percentage yet)

Quee (-q) setting should be set to 0  for p2pool and 1 for other pools, not sure for solo.

If you remove the settings completely, the revert to default (-s 60 -E 120 -q 2) which is not good for WDC   

How so?  We add coins as soon as they are on one of the exchanges we support (Vircurex, BTC-e, MCXNow, Cryptsy) and we have enough understanding of the block reward (and can get the difficulty from somewhere).  The profitability is derived from other numbers on the table (and can be double-checked).  Currency statistics are automatically updated once per minute and quotes are automatically updated more often than that.  So, it is just information that is being presented.

As far as cooperation, I guess when a  new coin is created, it has a blockexplorer and is listed on one of the above exchanges and someone (could be the coin creator) contacts me to ask me to put the coin up, I will try to. 

As an additional FYI, my miners are still pointed at BTC right now until I can figure out my riser card issues :)

So - any basis to say "they co-operate with scam coins to cheat the newbie"?  Please explain.

Why you scammin', bro?

Heh :)  I guess if there is anywhere to have a thick-skin, it is these forums.  I love the allegations of scamming especially when all my data is verifiable...

there is no way to change these settings on cpuminer are there?   I tried adding -s 10 and -E 15  but minerd wouldn't launch then.  Thanks

Well, after more testing, this issue still hasn't been fixed.

I have tried every setting in the book, nothing changes.

Multipool.in gave me an 87% return in the first hour, 75% in the second, and down again to 66% in the third.

BigVern's pool is just a straight 60% return.


Issue still persists, only receiving 60% of projected payouts.

I switched to several pools and actually stopped mining both WDC and DGC because I was experiencing the same thing. 

I also experienced the same thing, I got way less payout than projected on BigVern's pool.  After a few days of mining, the amount of BTC I earned is comparable to if I had been BTC mining the entire time, even though profitability is supposedly significantly higher than BTC mining.

Bump. The WDC community has concluded that it is common for you to receive 60% of what your pools "reward calculator" is displaying.

So if coinchoose is showing 180% profitability to BTC, it is in fact 60% of the 180%, which is 108% actual profitability to BTC.

This is common for all coins with a faster block time. This information will be added to the WDC forum, under a stickied FAQ thread within a day or so.

That is all.

Is this true for all of the pools?

I know erundooks calculator is based off of transactions, so probably everyones pool but his.

Hmmmm...But, when I mine LTC, I make about .05 BTC/day....I average about .09 BTC / day, mining WDC...That seems to be on par, percentage wise....Your findings, are inconsistent

It's a bit lower but no way is it 60%. Not for me at least.

Thank you for the information!

Can you please also be so kind and tell me where is the "WDC forum"?

What I have noticed, is that my WDC per day, can lower, if a lot of peopl are mining in my pool. Obviously, more peopl taking a piece from the same size pie, means smaller pieces for everyone.

Worldcoinforum.org

But your forum is not listed on WDC website: http://worldcoin.in/services/

We have had multiple miners and pool operators confirm this. If you dont notice that the amount of coins hitting your wallet is 60% of most pools "reward calculator", than i dont know what to tell you.

Its yet to be listed, and is the official "community" forum.

What I noticed - and this puzzles me - is that different GPUs in the same rig have wildly different stale rates!

I have one two-card computer with a 7950 and a 7950 in it, and I found the 7970 (in GUiminer scrypt (in reality that's cgminer behind the scenes), intensity 13) to get around 3% stales, whereas the 7950 in the same guiminer instance (bit a separate worker) got nearly 20% stales (intensity 20 - same result on intensity 18).

My results mining on erundook.net's wdcpool2 since last night with my 7970 is 9214 shares accepted and 290 stale, according to guiminer/cgminer, this conforms with the site stats, and my payouts seem to be exactly as expected, too.

So, while I've seen horrible stale rates from other GPUs, and the orphan rate on the pool seems to be around 10%, at least this one 7970 gives me a WDC income that seems to fit well with coinchoose.com.

I thought the different results people were getting were related to network latency or something, but since two cards in the same rig can behave so differently, there must be something else to it. I have no idea what it is, though! :)

Your pool must be scamming you man. If not please provide proof.