Bitcoin Forum
May 08, 2024, 04:30:43 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Benefits/downside of a pool with a larger PPLNS share amount?  (Read 561 times)
Golfmad (OP)
Newbie
*
Offline Offline

Activity: 19
Merit: 0


View Profile
July 08, 2017, 11:58:29 AM
 #1

Hi

I am currently mining on a pool that has suddenly had a big spike in the number of miners and hash rate of the pool, at the minute the number of shares is 8000. They have just released another PPLNS pool where the number of shares is 100,000. Would it be a benefit for me to make the switch? At the minute the total number of miners on that pool is significantly less, Im not sure what if anything is the benefit of switching to a pool where the PPLNS is 100,000.

Thanks
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715185843
Hero Member
*
Offline Offline

Posts: 1715185843

View Profile Personal Message (Offline)

Ignore
1715185843
Reply with quote  #2

1715185843
Report to moderator
philipma1957
Legendary
*
Offline Offline

Activity: 4116
Merit: 7862


'The right to privacy matters'


View Profile WWW
July 10, 2017, 02:10:31 PM
 #2

Hi

I am currently mining on a pool that has suddenly had a big spike in the number of miners and hash rate of the pool, at the minute the number of shares is 8000. They have just released another PPLNS pool where the number of shares is 100,000. Would it be a benefit for me to make the switch? At the minute the total number of miners on that pool is significantly less, Im not sure what if anything is the benefit of switching to a pool where the PPLNS is 100,000.

Thanks


All that matters the amount of blocks they hit .

If the hash rate calls for them to hit 10 a day and they hit 10 a day consistently the payout would be the same with 8000 or 100000 share count systems.


Or ten dollars in dimes = ten dollars in pennies.

Next question do they share the block fee with miners?

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!