Bitcoin Forum

Other => Beginners & Help => Topic started by: Flyeye on November 21, 2013, 03:03:58 AM



Title: Triplemining Help- BTC awarded very low...
Post by: Flyeye on November 21, 2013, 03:03:58 AM
I was mining at triplemining for several days at ~54GH/s, during that time the block wasn't solved. I had stopped mining for about a day when the block got solved, and was awarded .008 BTC which is greatly lower then expected. There is a statistic there about shares solved by you in the last 24 hours. Mine were very low since I wasn't mining then. Is all your work negated if you weren't actually mining when it was solved.... What am I missing? I emailed them at info@triplemining.com but no response after a couple days.
I was awarded correctly when the previous block was solved. Is there another way I can contact them? Thanks.


Title: Re: Triplemining Help- BTC awarded very low...
Post by: Flyeye on November 22, 2013, 03:16:09 AM
Bump. I also need the post count


Title: Re: Triplemining Help- BTC awarded very low...
Post by: ajw7989 on November 22, 2013, 03:18:24 AM
IT is probably a PLNS pool so that means each new share that is given to someone makes your older shares worth unless until its worth nothing


Title: Re: Triplemining Help- BTC awarded very low...
Post by: Flyeye on November 22, 2013, 03:40:41 AM
Sorry I'm not following, newbie :)


Title: Re: Triplemining Help- BTC awarded very low...
Post by: hashturbator on November 22, 2013, 06:34:36 AM
At triplemining, your reward is calculated by the number of shares you've contributed within a 24hr period in relation to the contribution of the other miners. For example, say you quit mining at exactly the 24 hour mark. Your reward from that point forward is shrinking as your oldest shares expire AND the other miners that continue to mine gain a larger proportion of the total volume of shares at the pool in that time frame. The pool doesn't care if you are mining at the exact time a block is found; a share's value is constant, but will expire if a block is not found within 24 hours of that share being submitted.


Title: Re: Triplemining Help- BTC awarded very low...
Post by: Flyeye on November 22, 2013, 04:44:34 PM
Okay, thanks for the clarification, that really sucks, guess I missed the warning written somewhere about that. So if I just start mining after several days after a block is started and just so happens that it's solved 24hours later, I get a big reward and screw over others who then mined for days at a lower hash rate (but overall solved more).