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Author Topic: *Conclusion* Faster block coins only get 60% of estimated reward  (Read 2631 times)
Hydroponica
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fml


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May 24, 2013, 02:26:19 AM
 #21

I wonder. The calculation for how many coins you get per day, is this assuming your finding a block, every 15 seconds? I'll gotta keep a closer eye on it now.

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truckythin
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May 24, 2013, 02:28:25 AM
 #22

time to resolve block base on total network hashrate  Wink

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Charles999
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May 24, 2013, 03:01:44 AM
 #23

I have 10,000khs and I've noticed that WDC (several of their pools) and DGC all the ones listed, I've tested them all.  They all seem to pay around 60% of the stated rate.  So It's not imaginary.  Initially I thought it was just my settings, but I've tried them all and moved around.  Same results.  The two coins seem to orphan a lot!  They both started out with a lot of orphans on the first day.  Like 90% oprhans, and now they are still producing orphans.

I set my miners to Litecoin and It's almost accurate to the teeth.

Must be the crap code in WDC and DGc, can't all be the same in every pool.
Twerka
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May 24, 2013, 03:05:09 AM
 #24

Go and try those coins yourself... 40% lol

The worst enemy of Bitcoin is Mt.Gox exchange.
fenican
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May 24, 2013, 03:15:26 AM
 #25

I have also established a no fee p2pool for WDC

http://107.20.187.147:9500/static/

The pool is only experiencing about 5% orphans to the WDC network so might be a good bet if you want to mine that coin

Running these pools on dedicated servers so should be able to handle high load easily my DGC one is running about 100 mh/s and peaked at nearly 160 mh/s

Not much mh/s yet on the WDC one but I'm hoping it ramps up soon
anderl
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May 24, 2013, 03:26:43 AM
 #26

back up the FUD truck we have a full load in this thread.

DeadEyeCool
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May 24, 2013, 03:31:19 AM
 #27

This honestly wasn't an attempt at FUD, that's just not my style.

Whether or not some of these posts from other users is FUD, that's for you to decide.

I may just be a newb here that didn't understand that he needed to delete his low difficulty solo mining settings.

Anywho, I'll update this thread when I find out more. Cheers!
DeadEyeCool
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May 24, 2013, 03:33:15 AM
 #28

Ps, cute picture, where can I buy some FUD Weiners?   Cheesy
DeadEyeCool
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May 24, 2013, 03:39:49 AM
 #29

Look at that, I already grabbed 2.6 coins in the last 20 minutes, which is right on track with calculations.

So it looks as though I may just be an idiot after all (which is usually the case).


Anywho, Go Worldcoin!

Will report more as time goes on.
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May 24, 2013, 04:22:25 AM
 #30

PROBLEM SOLVED:

After about one hour of mining with the following settings removed:

-s 1 -E 1 -q 0

I am now getting 87% of my projected earnings. So with PPLNS and pool luck (smaller pool), I would say calculations are spot on.
spul1
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May 24, 2013, 09:44:02 AM
 #31

yup, I noticed this too when I tried mining WDC, the thing is it's blocktime is 15 seconds, so naturally you'll want expiry and scantime bellow that, but not all the way down as you put it.
I have it set up (in .conf file) to: scantime (-s) : 10, and expiry (-E): 15 and it works pretty fine (didn't calculate the percentage yet)

Quee (-q) setting should be set to 0  for p2pool and 1 for other pools, not sure for solo.

If you remove the settings completely, the revert to default (-s 60 -E 120 -q 2) which is not good for WDC   
sal002
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May 24, 2013, 01:40:28 PM
 #32

coinchoose.com is a scam, they co-operate with scam coins to cheat the newbie  Angry

How so?  We add coins as soon as they are on one of the exchanges we support (Vircurex, BTC-e, MCXNow, Cryptsy) and we have enough understanding of the block reward (and can get the difficulty from somewhere).  The profitability is derived from other numbers on the table (and can be double-checked).  Currency statistics are automatically updated once per minute and quotes are automatically updated more often than that.  So, it is just information that is being presented.

As far as cooperation, I guess when a  new coin is created, it has a blockexplorer and is listed on one of the above exchanges and someone (could be the coin creator) contacts me to ask me to put the coin up, I will try to. 

As an additional FYI, my miners are still pointed at BTC right now until I can figure out my riser card issues Smiley

So - any basis to say "they co-operate with scam coins to cheat the newbie"?  Please explain.
GSnak
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May 24, 2013, 01:42:17 PM
 #33

Why you scammin', bro?
sal002
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May 24, 2013, 01:57:17 PM
 #34

Why you scammin', bro?

Heh Smiley  I guess if there is anywhere to have a thick-skin, it is these forums.  I love the allegations of scamming especially when all my data is verifiable...
Jcw188
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Carpe Diem


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May 24, 2013, 03:36:46 PM
 #35

there is no way to change these settings on cpuminer are there?   I tried adding -s 10 and -E 15  but minerd wouldn't launch then.  Thanks
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May 24, 2013, 07:16:10 PM
 #36

Well, after more testing, this issue still hasn't been fixed.

I have tried every setting in the book, nothing changes.

Multipool.in gave me an 87% return in the first hour, 75% in the second, and down again to 66% in the third.

BigVern's pool is just a straight 60% return.


Issue still persists, only receiving 60% of projected payouts.
96redformula
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May 24, 2013, 07:24:46 PM
 #37

I switched to several pools and actually stopped mining both WDC and DGC because I was experiencing the same thing. 
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May 24, 2013, 07:39:50 PM
 #38

I also experienced the same thing, I got way less payout than projected on BigVern's pool.  After a few days of mining, the amount of BTC I earned is comparable to if I had been BTC mining the entire time, even though profitability is supposedly significantly higher than BTC mining.
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May 25, 2013, 11:15:52 PM
 #39

Bump. The WDC community has concluded that it is common for you to receive 60% of what your pools "reward calculator" is displaying.

So if coinchoose is showing 180% profitability to BTC, it is in fact 60% of the 180%, which is 108% actual profitability to BTC.

This is common for all coins with a faster block time. This information will be added to the WDC forum, under a stickied FAQ thread within a day or so.

That is all.
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May 25, 2013, 11:36:20 PM
 #40

Is this true for all of the pools?

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