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Never mind... figured it would thanks to the pool op on irc. Keep me in the newbie zone!
My numbers were off, I was interpreting UNPAID share with total shares completed by the pool. All is good. I recommend this pool, I tried all the litecoin pools, sticking with this one.
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In the PPLNS model, if N=250,000, what happens when it is a new pool, before the pool reaches N shares?
I'm mining in a new litecoin pool. There are currently ~13,000 completed shares. Until completed shares is greater than or equal to N, how are the coins distributed? Do all the coins get paid out to the pool?
Contact your pool op and tell them to adjust N - that's for BTC difficulty. Which LTC isn't on. Probably just a copy/paste error. If N isn't reached, the pool acts just like a prop pool, as far as I know. The pool in question is here: https://bitcointalk.org/index.php?topic=48688.0It is stated on the pool's news page that N was changed from 1mil to 250k. So it's no typo. I currently represent 7% of the pools total hash rate, yet I'm getting fractions of a LTC per block.
I'm stuck in the newbie zone. Could someone address these (newbie?) issues in the pool thread?Thanks! |
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To further this, I have completed 354 out of 13512 total shares. By my math, that puts me at 0.02% of the last N shares. Which means in a 50 coin block, I should net 1.3 LTC per block discovery. Yet I am seeing a fraction far smaller.
This is supposed to be a 0% fee pool.
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In the PPLNS model, if N=250,000, what happens when it is a new pool, before the pool reaches N shares?
I'm mining in a new litecoin pool. There are currently ~13,000 completed shares. Until completed shares is greater than or equal to N, how are the coins distributed? Do all the coins get paid out to the pool?
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I've only made 1 post, but it's awesome  Just started in cryptocurrency, but I have some pool-specific questions I would really like to ask in the appropriate threads outside the newbie area. Thanks for the consideration! |
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I've heard of bitcoin forever, but it wasn't until I recently bought a radeon 6970 and someone mentioned it is good for mining, did I actually look into it. I am a very tech savvy person. If I didn't actually know how bitcoin worked, I can't imagine most ANY non-tech person would.
What I find most fascinating about bitcoin is its p2p nature, how bitcoins are generated, and the artificial scarcity.
If people only learned more about what bitcoin is, it could really take off.
The most off-putting thing to me is the difficulty to mine (hardware arms race). I REALLY like the prospects of Litecoin, CPU vs GPU really seems to level the playing field.
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