Im not comparing payouts from a few weeks ago to today, I only started mining a week ago to see what al the fuss is about. On hascows Im getting sometimes up to 25% rejects. Mining one coin directly Ive had 24 hours at near zero.
Regarding the payouts, if I mine say WDC for 24 hours on a dedicated WDC pool, then convert to BTC on cryptsy on auto trades (no waiting to cash in on the best rate etc), I can make almost 30% more than mining on hashcows for 24 hours. This should not be possible if the haschows pool did what it is supposed to do.
The difficulty has gone up on all coins, correct, but it had already gone up when I started mining just a week ago. There is a review a couple of pages back by a guy that has mined for a while, and he has come to the same conclusion, that mining on hashcows is making much less than just doing it on one solo coin and switching yourself. If Im going to be donating a percetage to keep the system working, then it should be, well... working.
Rejects are normal when mining coins with much faster block targets, it's calculated into our formula's when selecting coins and the fact that we are switching coins factors in, of course you will see less rejects mining one coin especially when that coin has a slower block target/steady hashrate.
You might be right over the last few days while the pool has encountered some issues. We have been straight forward with everyone here we have told people we are dealing with issues and fixing them, with that being said, I would love for you to find a pool that has a community and customer service like ours.
We wil see. Ive switched to middlecoin and from calculations so far on just a couple of hours, the payout seems a lot better. will report back once Ive compared like for like 24 hour periods. If I had 2 machines I would set them mining one on each and do a like for like. Perhaps somebody that has two equal machines can do this test and prove the payout is the same across this pool and others?
Like you said in the last half of you're response, you are comparing apples to oranges, if you want to compare you would have to take at least a week of payouts from both pools at the same time with equal hashrates and with both pools running correctly.
Correct, mining a single coin will not always result in the payout you expect, but when I spent 24 hours making my own switches (eaving it on WDC as a stable one when I slept) I made it to 0.041BTC in 24 hours. Mining on your pool I make 0.02. SOmething is clearly wrong with that. I hope its server issues and nothing more sinister.
Why quote a profit per MH/s average on your site if the true results are absolutely nowhere near it? The cynic in me would suggest that has been done to attract more people to the pool and therefore gain more commission from the increased has rate. Its a bit unfair if those quotes are misleading though.
As I say, Im on middlecoin for a couple of days and Ill compare against returns from hashcows and see which is best for myself. Others are free to make thir own choice.
The problem is a lot of the people who mine here and on middlecoin do not have the time to make switches on their self and many don't want to be bothered trading the coins.
We quote a mh/avg and the true results are nowhere near it? That is quite a false accusation, as stated on our graphs, * Please note, the data above is a somewhat small sample size taken from miners known to have mined 24/7 and auto-exchanged 100% of coins. Your results may vary slightly based on reject rate or receiving non-btc for some coins ect.
From what you have said you have been mining here for 24 hours, hope you do realize there are un-exchanged rounds that carry over from previous days which will make you're payout different from others.
I hope you do well on middlecoin and maybe when we get things sorted out I hope you give us another try as we have been historically paid out pretty darn well for our miners.
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though I must say it's pretty nice looking and very clean!
