Pay On Target: New High variance payout System Offered by Ozcoin

[Tittiez]

I'm down 40% from PPS.. 

Its finally beginning to even out, 29% down. I like high variance so I shouldn't be complaining.

[1715010491]

1715010491

[crazyates]

I knew this would happen! I've been running PoT for over 2 weeks, and I was ~12% below PPS. So I switched back to DGM. Then I get a 7M block solver within 12 hours. My 3rd block with Ozcoin. Oh well.

[GenTarkin]

hehe, Im still in negative but good news found a 1.5mil diff share last night, helped get me closer to breakin even .. now for just a few more of those! This payout system still fun as hell even tho in negative =P

[Tittiez]

This payout system still fun as hell even tho in negative =P

I agree! Since I have such a low hashrate (400-450Mh/s), I enjoy the gambling because I know I wouldn't make much regardless.

[tvasconcelos]

Hi, i switched to POT too, i always like a bit of gambling. I'm just confused, or just plain stupid, with what to set at vardiff and how that translates to the overall performance of the miner. My hash power is around 450Mh/s too, so what should i set vardiff too? Currently i have it on 15. Is this just plain stupidity, ignorance or is it ok??

And if someone could explain in a simple way, how the value of vardiff affects your shares? I'm don't know how to read the stats in ozcoin. shares, vardiff shares, avg share diff 1 and so on...

Sorry for the noob questions, but i do like to learn, if someone has the will to teach!!
Thanks.

[os2sam]

Hi, i switched to POT too, i always like a bit of gambling. I'm just confused, or just plain stupid, with what to set at vardiff and how that translates to the overall performance of the miner. My hash power is around 450Mh/s too, so what should i set vardiff too? Currently i have it on 15. Is this just plain stupidity, ignorance or is it ok??

And if someone could explain in a simple way, how the value of vardiff affects your shares? I'm don't know how to read the stats in ozcoin. shares, vardiff shares, avg share diff 1 and so on...

Sorry for the noob questions, but i do like to learn, if someone has the will to teach!!
Thanks.

Well, with your diff set to 15 you will submit approximately 15 times fewer shares but they will be worth 15 times more so it should even out.  You don't really need to change your difficulty from diff1 until you get in the neighborhood 2 to 2.5 Ghs.

Now, I'm not sure how that would relate to POT since you want to submit higher diff shares anyway, but I would think it would hurt you with the low hash rate in the long run.  You should do some trial and error changes in 24hour increments.
Sam

Edit: Thought about my reply a bit.  I don't think you would loose any revenue in the long run.  Your just using less bandwidth which is probably low anyway at your hash rate.  But I still would do some tinkering for use with POT payout system.

[organofcorti]

Hi, i switched to POT too, i always like a bit of gambling. I'm just confused, or just plain stupid, with what to set at vardiff and how that translates to the overall performance of the miner. My hash power is around 450Mh/s too, so what should i set vardiff too? Currently i have it on 15. Is this just plain stupidity, ignorance or is it ok??

And if someone could explain in a simple way, how the value of vardiff affects your shares? I'm don't know how to read the stats in ozcoin. shares, vardiff shares, avg share diff 1 and so on...

Sorry for the noob questions, but i do like to learn, if someone has the will to teach!!
Thanks.

This might help:

http://organofcorti.blogspot.com/2012/10/71-variable-pool-difficulty.html

[K1773R]

how is your PoT working? are ppl still interested into?

[Graet]

how is your PoT working? are ppl still interested into?

Up and down
currently 27Gh on there, at times up to 500 or 600Gh

[doublec]

What's the best hash someone found on this payout method, do you know?

[jjiimm_64]

What's the best hash someone found on this payout method, do you know?

I found a 65M share, but it is capped at 5Xdiff

I am at    99.33 % pps according to the api stats.  -2.33340263    345.71995783

I go back and forth between pps and PoT.... which can hurt you. i hit a 115M share 5 minutes after getting a high share and switching to PPS.

[organofcorti]

What's the best hash someone found on this payout method, do you know?

I found a 65M share, but it is capped at 5Xdiff

I am at    99.33 % pps according to the api stats.  -2.33340263    345.71995783

I go back and forth between pps and PoT.... which can hurt you. i hit a 115M share 5 minutes after getting a high share and switching to PPS.

So, you tend to get high on PoT and then switch to pps?

[zvs]

This payout system still fun as hell even tho in negative =P

I agree! Since I have such a low hashrate (400-450Mh/s), I enjoy the gambling because I know I wouldn't make much regardless.

it's why I started mining on HHTT, although i've been doing consistent 128's for the last few weeks, I used to swap around between difficulties... 

e.g.

pushpool   2013-02-10 00:49:18   Y   Y      65536   0.49519937   00000000 00000029 8cccf8dc

max setting on there is 65536 though, not sure about this system

[FatMagic]

I agree! Since I have such a low hashrate (400-450Mh/s), I enjoy the gambling because I know I wouldn't make much regardless.

it's why I started mining on HHTT, although i've been doing consistent 128's for the last few weeks, I used to swap around between difficulties... 

e.g.

pushpool   2013-02-10 00:49:18   Y   Y      65536   0.49519937   00000000 00000029 8cccf8dc

max setting on there is 65536 though, not sure about this system

How do your returns look on this ZVS? My hash rate runs about 700 MH/s and I was curious if I should use this pool vs PPS elsewhere.

[gourmet]

Is there a chart for the (a bit complicated) formula from the OP somewhere? I mean the dependence of share reward on submitted share difficulty.
The link to the calculator in the OP doesn't work currently (503, temporarily unavailable).

[kano]

Is there a chart for the (a bit complicated) formula from the OP somewhere? I mean the dependence of share reward on submitted share difficulty.
The link to the calculator in the OP doesn't work currently (503, temporarily unavailable).

The equation is:

POT = (Work Diff * BTC Reward / Current Diff) * ((1-a) / (1 - (a * (WorkDiff ^ (1-a))) * (Cap ^ (a-1)))) * ((min(Share Diff, Cap) / Work Diff) ^ a)

Yes my server is silent at the moment.

Yeah I ordered a new VPS from MtGox over 2 weeks ago - Sep 8 - after the dedicated server the calculator was on, got ddosed
MtGox took my BTC and provided me with an IP address to a server that didn't exist.
On Sep 9 I requested in their support system, what was wrong and information on where my VPS was.
On Sep 23 I requested my BTC back and that I would request a scammer tag here on the forum
On Sep 24 they replied saying they are looking into it and would get back to me.

MtGox is bad news.

[GenTarkin]

too bad theres a cap... I just found a 2billion diff share on POT ...... it capped me at about 750mil .. lol, thats fine, I made 3 days worth of mining =P

2062804846

This is insane and I only have about 145GH/s

[kano]

New server is up.
http://tradebtc.net/potcalc.php

Running on a crowncloud.net VPS

[Graet]

New server is up.
http://tradebtc.net/potcalc.php

Running on a crowncloud.net VPS

Thanks kano