[CLOSED] MtRed (PPS, LP+, API, 0 FEE) STRATUM on mine.mtred.com:3333

[purelithium]

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.

[1714801089]

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[redditorrex]

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

[AndrewBUD]

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

[purelithium]

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

Go to the website:

http://mtred.com

[d4rkbreaker]

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

Is there a future of MTRed with NMC?

[redditorrex]

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

Is there a future of MTRed with NMC?

Yes.

[ssateneth]

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

[Graet]

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

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

[redditorrex]

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

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

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.

[redditorrex]

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

[organofcorti]

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

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

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.

[Graet]

redditorrex thanks for the explanation

[redditorrex]

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

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

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.

[AndrewBUD]

so you include tx fee's to PPS miners?

[Tittiez]

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 ). 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.

[Graet]

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.......

[The00Dustin]

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]

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

 

[evanesce]

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]

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