flound1129 (OP)
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September 18, 2013, 10:55:07 PM |
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The handicaps are in place to make calculated profitability more accurate.
Yes, but didn't you increase the handicap on LTC to prevent the multipool from switching to it unless it was significantly more profitable? Yes but that wasn't due to the rewards method, it was due to my belief that we find fewer blocks than we should when LTC difficulty is low and network hashrate is higher than normal.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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paulm
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September 18, 2013, 11:55:59 PM |
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The minimum mining time never had anything to do with the scoring system, it was only to make sure we didn't switch too often.
Ok, but wouldn't be better to have a minimum difference instead of a minimum mining time. Let's say we start mining a coin that has a minimum mining time of 10 minutes but soon thereafter an other coin's profitability jumps up to triple the current coin's profitability. Wouldn't it be best to switch to that coin immediately instead of "wasting" 10 minutes on the lower profitability coin? A good example is MNC which sees significant peaks in profitability that last less than 10 minutes. Because of the minimum mining time, I think we might sometimes completely miss some of these peaks. Maybe you could combine a minimum mining time with a minimum difference. For example, stay on current coin a minimum 10 minutes unless another coin is more than 50% more profitable. After 10 minutes switch to the next most profitable coin only if 1-2% more profitable. This may actually reduce the amount of coin switching and increase total profitability. -Just a suggestion- By the way, your pool keeps getting more and more awesome!
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paulm
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September 19, 2013, 12:04:49 AM Last edit: September 19, 2013, 01:12:26 AM by paulm |
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Something weird just happened, all the coins profitability dropped to zero except for WDC therefore the multiport switched to WDC. Now WDC is also at zero...
Update; profitability calculations seem to have returned to normal, but to re-enforce my point above, LKY is now at a profitability of 10.8 yet the multiport is staying on WDC which is at 3. Looks like we might miss it completely...
Update; ok so we didn't miss it completely but we only got the tail end of it...
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zepadee
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September 19, 2013, 01:29:38 AM |
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Something weird just happened, all the coins profitability dropped to zero except for WDC therefore the multiport switched to WDC. Now WDC is also at zero...
Update; profitability calculations seem to have returned to normal, but to re-enforce my point above, LKY is now at a profitability of 10.8 yet the multiport is staying on WDC which is at 3. Looks like we might miss it completely...
Update; ok so we didn't miss it completely but we only got the tail end of it...
LKY never hangs around for more than a min. or 2 anyway. I would prefer it just vanished completely.
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paulm
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September 19, 2013, 01:50:35 AM |
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Something weird just happened, all the coins profitability dropped to zero except for WDC therefore the multiport switched to WDC. Now WDC is also at zero...
Update; profitability calculations seem to have returned to normal, but to re-enforce my point above, LKY is now at a profitability of 10.8 yet the multiport is staying on WDC which is at 3. Looks like we might miss it completely...
Update; ok so we didn't miss it completely but we only got the tail end of it...
LKY never hangs around for more than a min. or 2 anyway. I would prefer it just vanished completely. Actually the profitability peak lasts about 20 minutes, the problem is it only happens every three days or so.
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raveneye
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September 19, 2013, 03:17:17 AM |
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flound1129 (OP)
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September 19, 2013, 05:05:36 AM |
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The minimum mining time never had anything to do with the scoring system, it was only to make sure we didn't switch too often.
Ok, but wouldn't be better to have a minimum difference instead of a minimum mining time. Let's say we start mining a coin that has a minimum mining time of 10 minutes but soon thereafter an other coin's profitability jumps up to triple the current coin's profitability. Wouldn't it be best to switch to that coin immediately instead of "wasting" 10 minutes on the lower profitability coin? A good example is MNC which sees significant peaks in profitability that last less than 10 minutes. Because of the minimum mining time, I think we might sometimes completely miss some of these peaks. Maybe you could combine a minimum mining time with a minimum difference. For example, stay on current coin a minimum 10 minutes unless another coin is more than 50% more profitable. After 10 minutes switch to the next most profitable coin only if 1-2% more profitable. This may actually reduce the amount of coin switching and increase total profitability. -Just a suggestion- By the way, your pool keeps getting more and more awesome! Thanks ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Without giving away too much, there are definitely times where it's more important to move than to stay on a coin for the minimum duration. The script accounts for that.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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flound1129 (OP)
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September 19, 2013, 08:12:43 AM |
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These, as well as a few other blocks from that same time period, have been paid out.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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murraypaul
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September 19, 2013, 01:08:42 PM |
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I have been mining WDC for the last few days, and noticed when looking at the My Stats graphs that while my hashrate has been generally pretty constant, there were two periods today where it dropped to zero. Those two periods seem to correspond with when (or just after) the multipool jumped into WDC. So it seems as though the multipool basically kills the single pool operations? ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs15.postimg.org%2Fj5693nkff%2FGreenshot_2013_09_19_14_07_09.png&t=665&c=Jxnly_1dVyAXJQ)
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BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB
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Thirtybird
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September 19, 2013, 02:51:29 PM |
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I have been mining WDC for the last few days, and noticed when looking at the My Stats graphs that while my hashrate has been generally pretty constant, there were two periods today where it dropped to zero. Those two periods seem to correspond with when (or just after) the multipool jumped into WDC. So it seems as though the multipool basically kills the single pool operations?
Based on what I observe when multipool/middlecoin etc switch to a coin it's usually because of low difficulty after a diff adjustment. Throwing 10x the hashrate for a given difficulty at the coin causes a lot of rejects as blocks are found far faster than the targeted rate. Your hashrate is based on accepted shares - if there's a period where you're getting a ton of rejects/stales, then you see that type of behaviour.
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zepadee
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September 19, 2013, 02:53:39 PM |
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I have been mining WDC for the last few days, and noticed when looking at the My Stats graphs that while my hashrate has been generally pretty constant, there were two periods today where it dropped to zero. Those two periods seem to correspond with when (or just after) the multipool jumped into WDC. So it seems as though the multipool basically kills the single pool operations? ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs15.postimg.org%2Fj5693nkff%2FGreenshot_2013_09_19_14_07_09.png&t=665&c=Jxnly_1dVyAXJQ) Although minor, its an excellent observation ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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flound1129 (OP)
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September 19, 2013, 05:29:49 PM Last edit: September 19, 2013, 05:47:29 PM by flound1129 |
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I have been mining WDC for the last few days, and noticed when looking at the My Stats graphs that while my hashrate has been generally pretty constant, there were two periods today where it dropped to zero. Those two periods seem to correspond with when (or just after) the multipool jumped into WDC. So it seems as though the multipool basically kills the single pool operations? ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs15.postimg.org%2Fj5693nkff%2FGreenshot_2013_09_19_14_07_09.png&t=665&c=Jxnly_1dVyAXJQ) It looks that way but if you look a little closer, the times don't match up exactly. The pool hashrate (along with yours) is actually dipping very low after the multipool drops off, and I think I know why this is happening.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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flound1129 (OP)
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September 19, 2013, 09:51:03 PM |
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FTC pool will be up and down as I work out some share submission issues.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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GSnak
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September 20, 2013, 12:07:31 AM |
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Anyone still making money? My electric is up $211 over last year and Dustcoin is showing $80 per month net. $0.18 kW/h.
Still going to trade though. Will probably just add coin with cash via Coinbase.
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fredeq
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September 20, 2013, 06:40:51 AM |
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What dustcoin is showing is exactly your earnings(though inaccurate right now) so I dont understand the question ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Making around 80$ each month.
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johndec
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September 20, 2013, 10:24:02 AM |
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Hi Flound. Cashed out some CGB to my Cryptsy address over 2 hours ago and there is no sign of it. Got the email from you that it had been sent. May be a problem at Cryptsys end but can you double check your end for me. My username is the same as here. Thanks.
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furball
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September 20, 2013, 10:59:50 AM |
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I tried sending some WDC from my Wallet to Cryptsy about an hour ago and hasn't turned up also....
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xreichardx
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September 20, 2013, 12:21:44 PM |
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Yup same here, cashed out some dgc and cap five hours ago, and nothing on cryptsy yet. I'd assume its something on cryptsy's side yet again.
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flound1129 (OP)
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September 20, 2013, 05:52:54 PM |
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mullick: @stink: Deposits seem to be going a little sloe today, Ill check on progress
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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Armchair Miner
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September 21, 2013, 06:37:02 AM |
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ZET has been added, SHA256 multiport should be ready within a couple days.
Long time no see. The above is interesting, best of luck implementing. I have a bunch of USB Erupters in search of better ROI before they become (quite weak but still noticable) space heaters. Thank goodness winter is coming up in the northern hemisphere.
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