ckpool.org CLOSED

[lfarkas]

The http://www.yourcomputergenie.com/?address=1GeniexG7MnLr9WH48jG1cPLqgGbqUsaFM page I made now differentiates between those in the payout and those postponed.
It is, and probably will stay, a little bit slow because it uses 4 API calls to 3 different sites in order for diff and pricing info to be as current as possible.

it's clear (from so much such questions) that it's not clear for most users. it'd be very good to include such a status in the user page of ckpool? imho most user will love to see such a feature.

[1713501593]

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[1713501593]

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[1713501593]

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[ComputerGenie]

The http://www.yourcomputergenie.com/?address=1GeniexG7MnLr9WH48jG1cPLqgGbqUsaFM page I made now differentiates between those in the payout and those postponed.
It is, and probably will stay, a little bit slow because it uses 4 API calls to 3 different sites in order for diff and pricing info to be as current as possible.

it's clear (from so much such questions) that it's not clear for most users. it'd be very good to include such a status in the user page of ckpool? imho most user will love to see such a feature.

Like so many things, it's a work in progress that only progresses as the person freely giving their time to create has time to create. The entire point of the pool is that it's minimalistic and free to use. I'm sure there are 10,000 features that people would "love to see", all of which take time to develop and free development comes at a slowish pace in the 21st century.

[User name used]

Understood and appreciated. This is a good lesson and exercise in patience and trust. Both traits I can improve on. Keep up the great work.

[gekkeleo]

yesterday i get my 2pac and my ant miner v9.i only wait for my power supply tone deliverd.i know its not much but every bit counts.i think

[ruinous]

Nice the hash counts for you and for us!

Side note for home mining in ckpool is if you need to turn off the asic ramp down is slower and your shares have already been submitted. We had a bbq with family over I'll set a couple high velocity fans in front of the rack and power down. Quiet bbq, then just power up again. Just be careful what temps and conditions you power up in. Mostly in cold or humid conditions. Grats again!

Now when will that next block pop? ;P

[ComputerGenie]

The difference a year (8789 hours 11 minutes) makes:

			5/20/2017		5/21/2018
Current Block Reward			14.51649075		12.61778453
My Share			2.07671122		0.26236368
My percent			14.305876		2.076754

[evade_57]

I noticed I have 2 workers showing

But I'm using one device

[lfarkas]

The http://www.yourcomputergenie.com/?address=1GeniexG7MnLr9WH48jG1cPLqgGbqUsaFM page I made now differentiates between those in the payout and those postponed.
It is, and probably will stay, a little bit slow because it uses 4 API calls to 3 different sites in order for diff and pricing info to be as current as possible.

Hi,
Is this the official way to determine my current balance? Is there any page about the payout? I mine using 5 pieces of dragon t1 since 3 days and my postponed balance seems to be $25 which should have to be much higher!

So i'd like to know:
- what is the payout period (or what is the estimated expected payout period)?
- what is the minimum payout?
- is there any official balance or payout info of the pool?

It's very nice to be technical description of why this algorithm is good, why better then other etc, but for and average miner it'd be much important to know the current status of his mining, And there is not any such info on the page.

[ComputerGenie]

...I mine using 5 pieces of dragon t1 since 3 days and my postponed balance seems to be $25 which should have to be much higher!...

At 118.1% of expected shares for one block, what makes you think that your five block difficulty payout amount should be more than $125 after only 3 days with ~80TH? The dragon miners are nice, but they're not actual dragons and as such do not produce magical amounts of hash.

[philipma1957]

Hi,
Is this the official way to determine my current balance? Is there any page about the payout? I mine using 5 pieces of dragon t1 since 3 days and my postponed balance seems to be $25 which should have to be much higher!

So i'd like to know:
- what is the payout period (or what is the estimated expected payout period)?
- what is the minimum payout?
- is there any official balance or payout info of the pool?

It's very nice to be technical description of why this algorithm is good, why better then other etc, but for and average miner it'd be much important to know the current status of his mining, And there is not any such info on the page.

you just don't understand  the method.

it is on the page one.

what you don't understand is the concept of 500%  before you get full shares.

here goes nothing.

80Th is  

80000 gh

the pool is 19ph as I type.

http://ckpool.org/

19 ph is   19,000,000

a full share for you is 80,000/19,000,000 or  0.0042105 of a each block made

so 0042105 x 12.6 = 0.053052 btc.

now the kicker is this  19,0000,000 earns  1.153 btc a day  since 500% is the goal  that is 5x 12.6 or 63 coins

63/1.153 =  54.64 days  before you get full shares...

you are at 3 days  so 3/54.64 x 0.053052 = ?     your current share   is about 0.0029128  or close to 24 days.

Your question  is why is this method better then any other?

the answer is   no method is better then this one as long as the pool maintains okay luck.

the pool is fee free
the pool gives all transaction fees                                                                                                                

below is what 108 days of mining  could do.

notice 54 days to peak your share to full
and then 54 days to zero the share out.

this is really  good if  coins jump up in price  once you peak to full.

[TheYankeesWin!]

So phil if you  have 80th  at full share  50 days from now and there is a good price spike  you get to kind of double dip.

Am I correct?

[philipma1957]

@ yankees  yes.   Lets say  in 55 days  you went from 0/55 to 55/55 share.

Lets say there is a really good price spike  to 15000 a coin.

For the next 20 days if you jump from a 500% pool  like ck's  your share drops  slowly  like

55/55 of your 80th    meanwhile  the entire 80th shifted to f2pool  paying pps   so  on this day  you are doing 160th  with only 80th in gear
54/55    "                  then on this day  you are doing 54/55 = .98 x 80 = 78th + 80 th = 158th   with only 80th in gear.
53/55    "
52/55    "
51/55    "
50/55    "
49/55    "
48/55    "
47/55    "
46/55    "
45/55
44/55
43/55
42/55
41/55
40/55
39/55
38/55
37/55
36/55
35/55

So for these 20 days  I mined 80th at f2pool  and mined about 65th in banked hash from ck  or 145th for those 20th during a price spike


At this point  I put gear back at ck's pool

wait till it goes to full share of 55/55 then hope sooner or later for the price spike.


this works only on a  price spike  upwards  but it is a powerful edge  only found by mining at ck's pool  and being at a full share when a price spike hits.

Some would argue  the same can be achieved on kano's pool but he is not fee free.

[lfarkas]

At 118.1% of expected shares for one block, what makes you think that your five block difficulty payout amount should be more than $125 after only 3 days with ~80TH? The dragon miners are nice, but they're not actual dragons and as such do not produce magical amounts of hash.

all 5 are $25:-(

[-ck]

...I mine using 5 pieces of dragon t1 since 3 days and my postponed balance seems to be $25 which should have to be much higher!...

At 118.1% of expected shares for one block, what makes you think that your five block difficulty payout amount should be more than $125 after only 3 days with ~80TH? The dragon miners are nice, but they're not actual dragons and as such do not produce magical amounts of hash.

all 5 are $25:-(

You should only be using one bitcoin address. Use different worker extensions but the same bitcoin address, otherwise you risk being postponed much longer for payouts.

[lfarkas]

You should only be using one bitcoin address. Use different worker extensions but the same bitcoin address, otherwise you risk being postponed much longer for payouts.

I use one bitcoin address with 5 workers...
http://www.yourcomputergenie.com/?address=3JBqoMHW7d94rt8iA6KNme9hdos8f51dso
does it means after 6 days my estimated balance is 32 usd?

[-ck]

all 5 are $25:-(

You should only be using one bitcoin address. Use different worker extensions but the same bitcoin address, otherwise you risk being postponed much longer for payouts.

I use one bitcoin address with 5 workers...

Then I misunderstood what you were talking about when you said "all 5 are $25." I guess you meant all 5 add up to only $25

[philipma1957]

I use one bitcoin address with 5 workers...
http://www.yourcomputergenie.com/?address=3JBqoMHW7d94rt8iA6KNme9hdos8f51dso
does it means after 6 days my estimated balance is 32 usd?

yes and it will grow  each day until  about day 50 .

a nice thing now is coins are down so  if you stick around until day  50 and coins spike after that you can do what I mentioned a few posts earlier.

[ComputerGenie]

The main thing you're missing is that we get paid spanning 5 times the network difficulty (5 blocks in theory, more like 3-4 with the current pool rate). That means that your calculated payout for the current block isn't the only payout you get (especially if you've yet to hit the 5N mark).

It's hard to understand, at first, so I'll use fairly rounded even numbers to try to explain....

At 30 PH, we should find a block ever 6.5 days.
So, if you start mining right after we find a block, you will see your complete 5N results at 33 days.
Assuming no new growth and you continue mining, the calculated reward that you have at 33 days is close to what you could expect to get out of every block.
At no point do any calculations include "everything you'll ever get", because 5N rewards don't work that way (in any pool).

For every block that the pool hits before that 33 day period, your reward will still be growing.

For every block that the pool hits after you stop mining, your reward will gradually decrease.

[Powderz22]

Great explanations. After reading them twice I now understand it enough. Like I said, I will stay a loyal member for as long as my miners work 

[ryanpietro]

If I’m reading the payout correctly it states that the miner gets a reward who finds the block. Say exact reward amount varies upon several  factors... out of curiosity (if I’m even reading this correctly) what is the reward ROUGHLY. I believe it varies as I stated but would be it like 1btc, 0.1btc or 0.01btc? Was just curious and figured I would ask...

Ps there have been 1,000 payout related questions in the life of this thread and the members are always so extremely helpful in understanding it instead of saying “do a search” or “read page xx” 
I think it’s very cool of you guys being so patient and helpful!!