I am being paid way less for my shares?

[teresaejunior]

Hello! I have been mining at MMPool, and I believe the rewards I have been receiving are way less than they should be

On 2014-12-15, a block was found, and the total shares were 50903301206. Mine were 85821312. Now, see if my calculations are right:
25/50903301206*85821312, which is [1 BTC block] / [total shares] * [my shares]. This equals 0.04214918 BTC. I have been paid 0.02878745 BTC with DGM and 0.00429106 BTC with PPS, which is 0,00907067 BTC less than it should.

Now for all the blocks:

2014-12-15: 25/50903301206*85821312 = 0,04214918 BTC. I have been paid 0,03307851 BTC
2014-12-28: 25/25741764888*90733824 = 0,08811927 BTC. I have been paid 0,06992059 BTC
2015-01-03: 25/14901401708*51198784 = 0,08589591 BTC. I have been paid 0,06884887 BTC

Estimates for the current block:

25/1418056017*7443264 = 0,13122302 BTC

But it shows as less than half:

DGM Estimated Round Payout (BTC): 0.05692645 BTC
PPS BTC Payments for Round: 0.00037216 BTC

[mmpool]

Please email admin@mmpool.org with your account details and I'll check your account to see if things are ok. Keep in mind that DGM works like a capacitor. Your first few payouts are while the capacitor is charging and will be less. This is made up when mining stops as you get paid in those remaining blocks as the capacitor discharges even though no share contributions are made. Note also that the pool uses a split DGM/PPS payment. 2 BTC of the payment is made via PPS leaving 23 BTC left for DGM. This means you should use 23 as the block reward, not 25, in your calculations.

[Meuh6879]

instead of use a centralized (and, perhaps, derivated reward) ... use the P2Pool (nodes on the signature) to have a 1:1 reward like in the https://bitcoinwisdom.com/bitcoin/difficulty

[organofcorti]

instead of use a centralized (and, perhaps, derivated reward) ... use the P2Pool (nodes on the signature) to have a 1:1 reward like in the https://bitcoinwisdom.com/bitcoin/difficulty

Why do you think p2pool will have zero variance?

[jonnybravo0311]

instead of use a centralized (and, perhaps, derivated reward) ... use the P2Pool (nodes on the signature) to have a 1:1 reward like in the https://bitcoinwisdom.com/bitcoin/difficulty

While I'm a huge supporter of p2pool, your argument here is quite flawed.  For example, p2pool just went over 6 days without finding a block.  Not sure how you think that p2pool is 1:1 with what an online calculator shows as expected earnings... because it's not.  It's PPLNS, and it most certainly is affected by variance.  You'll have swings both ways: greater than 100% of expectations and less than 100%.

[Meuh6879]

Not sure how you think that p2pool is 1:1 with what an online calculator shows as expected earnings... because it's not.

Me, i'm sure ... i mine on P2Pool since 7 months -2015- (after a whole year -2014- in real solo-mining).
I earn exactly what it's displayed on the calculator (and a little extra ...).

but for that, you must have a local P2Pool ... not a remoted linked to other power device that they use a different difficulty.

that's why, remoted nodes (like in my signature) of P2Pool is just to test on 1 month ... and see.
the final goal is to use a poor laptop PC with a miner ... to control locally, a P2Pool node.

[jonnybravo0311]

Once again...

An online calculator will show that for 1TH/s right now you expect to make 0.0102BTC a day.  Expected earnings for 5 days is 0.051BTC.  6/18, 6/19, 6/20, 6/21, 6/22 p2pool found exactly 0 blocks, meaning you earned exactly 0BTC.  Care to explain to the class how you figure 0 equals 0.051?

You can clearly see the weekly results of mining on p2pool by looking at my thread: https://bitcointalk.org/index.php?topic=891298.0

There isn't a single week where mining exactly matched expected earnings.  It's come close, but never exactly matched expectations.

Even if you mine on PPS you'll experience variance from expectations due to rejected shares.  It's a fact of mining.  You cannot avoid it.

[Meuh6879]

stop thinging in day ... P2Pool must be viewed in 1 complet month.
2 months with a little miner (less than 360Gh/s).

P2Pool have memory of your work in the sidechain of share (P2Pool 30 seconds works).

[organofcorti]

stop thinging in day ... P2Pool must be viewed in 1 complet month.
2 months with a little miner (less than 360Gh/s).
....

I can pick plenty of months or two month periods where p2pool has earned miners less than expected. Same goes for any pool. The only way you get to escape variance is by using a PPS reward method.

[knightkon]

If I may point something out, before you decide to make a post on here and ruin a creditable name, I would first look into things further.  Contact the admin for the pool account and review your concerns.  I do not know anything about your pool account and whether or not they are legit, but I would not first run to post here with out knowing if there was a mistake that could be fixed before you indirectly give them a bad review.

[cinnamon_carter]

this topic should be closed.