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Author Topic: [CLOSED] MtRed (PPS, LP+, API, 0 FEE) STRATUM on mine.mtred.com:3333  (Read 166163 times)
purelithium
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August 22, 2012, 07:21:48 PM
 #521

Hey RR, there's a guy on the Mtred Subreddit looking for assistance with an auto payment:

http://www.reddit.com/r/mtred/comments/ymvg3/waiting_on_autopayment/

He can't post here, so I'm posting it for him.

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redditorrex
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August 22, 2012, 08:45:56 PM
 #522

Hey RR, there's a guy on the Mtred Subreddit looking for assistance with an auto payment:

http://www.reddit.com/r/mtred/comments/ymvg3/waiting_on_autopayment/

He can't post here, so I'm posting it for him.

Thanks, I have replied and posted a thread in r/mtred.

RR

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August 22, 2012, 09:04:01 PM
 #523

So is this 100% PPS ? Where do I sign up?
purelithium
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August 22, 2012, 11:13:34 PM
 #524

So is this 100% PPS ? Where do I sign up?

Go to the website:

http://mtred.com

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August 23, 2012, 01:16:55 AM
 #525

Is merged mining dead? NMC doesn't seem friendly on mtred.com's statistics.

Is there a future of MTRed with NMC?

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August 23, 2012, 04:33:32 PM
 #526

Is merged mining dead? NMC doesn't seem friendly on mtred.com's statistics.

Is there a future of MTRed with NMC?

Yes.

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August 24, 2012, 01:10:14 AM
 #527

Asking if orphan blocks are paid is pretty moot if the pool is paying with PPS anyways. Doesn't matter if a block is 100,000,000 shares and orphans. You were paid per share Tongue

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August 24, 2012, 01:26:51 AM
 #528

Asking if orphan blocks are paid is pretty moot if the pool is paying with PPS anyways. Doesn't matter if a block is 100,000,000 shares and orphans. You were paid per share Tongue
PPS that only pays out on blockfind is pretty unusual, I think that was a valid question and had wondered myself how it worked with orphans Smiley

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August 24, 2012, 01:46:55 AM
 #529

Asking if orphan blocks are paid is pretty moot if the pool is paying with PPS anyways. Doesn't matter if a block is 100,000,000 shares and orphans. You were paid per share Tongue
PPS that only pays out on blockfind is pretty unusual, I think that was a valid question and had wondered myself how it worked with orphans Smiley

Two reasons, 1 it's legacy code that really didn't need to be re-written. 2, we pay out (50+ Found block fees)/Diff per-share, so we need to wait on the block to know the fee.

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August 24, 2012, 01:58:57 AM
 #530

To go into it a little deeper, when Mt.Red was a proportional pool the payout code look like this
Code:
$reward = ($tx['amount']/$roundshares)*$user->roundshares;
when we went full pps it was a simple change of $roundshares to $difficulty
Code:
$reward = ($tx['amount']/$difficulty)*$user->roundshares;
This works well because like I said above, it includes the tx fee's in the user reward, it will also handle the reward halving with 0 modification to the code.

Cheers,
RR

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August 24, 2012, 01:59:42 AM
 #531

Asking if orphan blocks are paid is pretty moot if the pool is paying with PPS anyways. Doesn't matter if a block is 100,000,000 shares and orphans. You were paid per share Tongue
PPS that only pays out on blockfind is pretty unusual, I think that was a valid question and had wondered myself how it worked with orphans Smiley

Two reasons, 1 it's legacy code that really didn't need to be re-written. 2, we pay out (50+ Found block fees)/Diff per-share, so we need to wait on the block to know the fee.

Given that you're not taking a fee, paying out per day or per several blocks would help reduce your risk as a pool op. I don't know that miners would mind too much since they are mining here for free.

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August 24, 2012, 02:03:11 AM
 #532

redditorrex thanks for the explanation Smiley

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August 24, 2012, 02:10:56 AM
 #533

Asking if orphan blocks are paid is pretty moot if the pool is paying with PPS anyways. Doesn't matter if a block is 100,000,000 shares and orphans. You were paid per share Tongue
PPS that only pays out on blockfind is pretty unusual, I think that was a valid question and had wondered myself how it worked with orphans Smiley

Two reasons, 1 it's legacy code that really didn't need to be re-written. 2, we pay out (50+ Found block fees)/Diff per-share, so we need to wait on the block to know the fee.

Given that you're not taking a fee, paying out per day or per several blocks would help reduce your risk as a pool op. I don't know that miners would mind too much since they are mining here for free.

Yes, This too.
We get a lot of 2xDiff rounds, followed by a quick block that only pays 1-2BTC.

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AndrewBUD
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August 25, 2012, 10:36:13 PM
 #534

so you include tx fee's to PPS miners?
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August 26, 2012, 01:58:00 AM
 #535

so you include tx fee's to PPS miners?

That's a good question. A pps pool that pays out tx fees would be cool. And that could be done two ways, proportionately (No risk for rex), or adding the tx to the pps calculation (even more risk Tongue). So if a block was 51BTC (50 + 1tx) then the pps would be 51/difficulty. That would work with mtred because it pays out at the end of rounds.
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August 26, 2012, 03:09:33 AM
 #536

To go into it a little deeper, when Mt.Red was a proportional pool the payout code look like this
Code:
$reward = ($tx['amount']/$roundshares)*$user->roundshares;
when we went full pps it was a simple change of $roundshares to $difficulty
Code:
$reward = ($tx['amount']/$difficulty)*$user->roundshares;
This works well because like I said above, it includes the tx fee's in the user reward, it will also handle the reward halving with 0 modification to the code.

Cheers,
RR
you know if you looked back just one page.......

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The00Dustin
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August 26, 2012, 11:15:29 AM
 #537

To go into it a little deeper, when Mt.Red was a proportional pool the payout code look like this
Code:
$reward = ($tx['amount']/$roundshares)*$user->roundshares;
when we went full pps it was a simple change of $roundshares to $difficulty
Code:
$reward = ($tx['amount']/$difficulty)*$user->roundshares;
This works well because like I said above, it includes the tx fee's in the user reward, it will also handle the reward halving with 0 modification to the code.

Cheers,
RR
you know if you looked back just one page.......
c'mon Graet, do you really think they'll read that whole post?  Here, let me bold part of it for them.
Tittiez
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August 26, 2012, 02:36:46 PM
 #538

c'mon Graet, do you really think they'll read that whole post?  Here, let me bold part of it for them.

huh wut post

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evanesce
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August 26, 2012, 04:36:26 PM
 #539

I have a prob with this pool.  My hash rate according to my rig is showing always ~850Mhash even currently, however on MtRed, hash is showing ~600Mhash anytime i check.  Why is there so much of a difference?
purelithium
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August 26, 2012, 08:11:51 PM
 #540

What miner are you using? MtRed shows your hashrate based on shares submitted.

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