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Author Topic: [OLD] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 #  (Read 453829 times)
baddw
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January 23, 2014, 01:05:08 AM
 #3841

I have a question about the pool contributors and I am not trying to be troll or stir up a shitstorm. There is one contributor that tops the chart and takes 20% of the earnings every round. Does this not hurt everyone else? Or is it helping everyone else? Would the pool be significantly hurt without them or would everyone's shares and payouts go up without them. It would seem logical that everyone would see a jump in earnings without them. Remember it's just a question not any accusation. Thanks
      

They get 20% of the payouts, but they create 20% of the coins generated by the pool.  This is how pooling works: everybody contributes in the same proportion that they take away.  My rig might be 1/1000th of the power and I receive 1/1000th of the coins generated.  It's the same for everybody.  (EDIT: Although it can vary slightly, depending on the payout scheme.  The CPPSRB is the fairest scheme around, IMO, but still has a tiny amount of variance.)

If they left, theoretically we would all earn the same as we do now.  Personally I am glad to have some heavy hitters in the pool.

BTC/XCP 11596GYYq5WzVHoHTmYZg4RufxxzAGEGBX
DRK XvFhRFQwvBAmFkaii6Kafmu6oXrH4dSkVF
Eligius Payouts/CPPSRB Explained  I am not associated with Eligius in any way.  I just think that it is a good pool with a cool payment system Smiley
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Cheeseater
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January 23, 2014, 01:06:45 AM
 #3842

Makes sense Thanks
wizkid057
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January 23, 2014, 01:08:02 AM
 #3843

Having more hash power reduces everyone's variance. So it is more beneficial to have them.

Tips: 1LDQrLr6dPVqNJmpZm82eZVKqDFRk7ERW8
Operator of the Eligius Mining Pool - 0% Fee, SAPPLNS, GBT, Stratum, IRC+Phone Support, Share Market (coming soon), Generation payouts, and more.
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fryarminer
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January 23, 2014, 01:42:28 AM
 #3844

I have a question about the pool contributors and I am not trying to be troll or stir up a shitstorm. There is one contributor that tops the chart and takes 20% of the earnings every round. Does this not hurt everyone else? Or is it helping everyone else? Would the pool be significantly hurt without them or would everyone's shares and payouts go up without them. It would seem logical that everyone would see a jump in earnings without them. Remember it's just a question not any accusation. Thanks
     

That's actually a good and genuine question. And Baddw gave a great answer.
klondike_bar
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ASIC wannabe


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January 23, 2014, 03:38:54 AM
 #3845

I have a question about the pool contributors and I am not trying to be troll or stir up a shitstorm. There is one contributor that tops the chart and takes 20% of the earnings every round. Does this not hurt everyone else? Or is it helping everyone else? Would the pool be significantly hurt without them or would everyone's shares and payouts go up without them. It would seem logical that everyone would see a jump in earnings without them. Remember it's just a question not any accusation. Thanks
     

That's actually a good and genuine question. And Baddw gave a great answer.

they are paid 20% for 20% of the pool's hashrate. without them your income would be the same but with higher varience

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freebit13
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January 23, 2014, 07:06:30 AM
 #3846

I have a question about the pool contributors and I am not trying to be troll or stir up a shitstorm. There is one contributor that tops the chart and takes 20% of the earnings every round. Does this not hurt everyone else? Or is it helping everyone else? Would the pool be significantly hurt without them or would everyone's shares and payouts go up without them. It would seem logical that everyone would see a jump in earnings without them. Remember it's just a question not any accusation. Thanks
     

That's actually a good and genuine question. And Baddw gave a great answer.

they are paid 20% for 20% of the pool's hashrate. without them your income would be the same but with higher varience
i.e. having more power = shorter rounds = more consistent payouts.

I would think it could be a slight advantage to having them in there rather than not as they can handle most of the heavy work that others would take hours to slog through and with more shares being submitted per second it increases the chances of finding a block sooner.

Decentralize EVERYTHING!
HellDiverUK
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January 23, 2014, 08:13:00 AM
 #3847

Personally I am glad to have some heavy hitters in the pool.

This.  Plus the faster they mine, the quicker we find blocks, which means quicker payouts as Eligius pays out on the block.

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merv77
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January 23, 2014, 10:47:27 AM
 #3848

Eligius has hit 2000TH/s  Shocked

congratulations  Grin
fryarminer
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January 23, 2014, 12:04:31 PM
 #3849

Eligius has hit 2000TH/s  Shocked

congratulations  Grin

Must be Reyhs' rigs.
fryarminer
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January 23, 2014, 12:08:36 PM
 #3850

So I took my NMC from when the pool was down and traded it, and have been playing around a bit on CoinEx - I doubled it buying and selling MOON. Thanks WK!
 
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January 23, 2014, 03:50:15 PM
 #3851

Eligius has hit 2000TH/s  Shocked

congratulations  Grin

Must be Reyhs' rigs.

Thats good ...but why my last payout from Eligius stays Immature Huh
wizkid057
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January 23, 2014, 03:51:42 PM
 #3852

Thats good ...but why my last payout from Eligius stays Immature Huh

Because you're paid directly from the mined coins (most secure, as pool doesn't get to touch your coins) and mined coins take 120 confirmations before they can be spent (immature).  This is normal.

Tips: 1LDQrLr6dPVqNJmpZm82eZVKqDFRk7ERW8
Operator of the Eligius Mining Pool - 0% Fee, SAPPLNS, GBT, Stratum, IRC+Phone Support, Share Market (coming soon), Generation payouts, and more.
Don't feed the trolls. Science Confirms: Internet Trolls Really Are Narcissistic, Psychopathic, and Sadistic (1)
zycamaniac
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January 23, 2014, 04:02:55 PM
 #3853

Thats good ...but why my last payout from Eligius stays Immature Huh

Because you're paid directly from the mined coins (most secure, as pool doesn't get to touch your coins) and mined coins take 120 confirmations before they can be spent (immature).  This is normal.

I really like Eligius pool for going out of your way to make sure that everything is as straight as it gets. Smiley


Thanks!
bitzbank
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January 23, 2014, 04:17:25 PM
 #3854

seems like 2PH is an unlucky number  Sad
gravityz3r0
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January 23, 2014, 05:03:04 PM
 #3855

looks like we've got ourselves the lowest luck in history  Grin

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January 23, 2014, 05:08:00 PM
 #3856

looks like we've got ourselves the lowest luck in history  Grin

Not yet.  Lowest luck to-date was about 2 months ago with a 10.5 hour round that ended at 10.7% luck.

Tips: 1LDQrLr6dPVqNJmpZm82eZVKqDFRk7ERW8
Operator of the Eligius Mining Pool - 0% Fee, SAPPLNS, GBT, Stratum, IRC+Phone Support, Share Market (coming soon), Generation payouts, and more.
Don't feed the trolls. Science Confirms: Internet Trolls Really Are Narcissistic, Psychopathic, and Sadistic (1)
bitzbank
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January 23, 2014, 05:14:00 PM
 #3857

That's a record no one here is eager to beat....
baddw
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January 23, 2014, 05:20:09 PM
 #3858

It all evens out.  We had some unbelievable luck last night, with a 19 second round (OVER 9,000!!!!), plus a 4-minute round back to back with a 1:19 minute round.

Just think of it as, you're building up shelved shares right now.

BTC/XCP 11596GYYq5WzVHoHTmYZg4RufxxzAGEGBX
DRK XvFhRFQwvBAmFkaii6Kafmu6oXrH4dSkVF
Eligius Payouts/CPPSRB Explained  I am not associated with Eligius in any way.  I just think that it is a good pool with a cool payment system Smiley
bitzbank
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January 23, 2014, 05:21:31 PM
 #3859

timing..... Grin
djjacket
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January 23, 2014, 05:22:05 PM
 #3860

timing..... Grin

nice one...  That busted that block and didn't need to set a record!
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