mandelbroT2017 (OP)
Newbie
 Offline
Activity: 22
Merit: 0
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December 13, 2017, 03:17:22 AM |
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Hello,
I am a newbie with a 3 gtx 1070 rig.
I am mining at eu1.ethpool.org:3333
Can anyome tell me when i will cash out some eth?
I read that it is a solo mining pool !!!!
Thank you.
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Vann
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December 13, 2017, 03:42:39 AM
Last edit: December 13, 2017, 04:09:31 AM by Vann |
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Ethpool is not like a standard pool where you are paid every round based on your percentage of valid shares contributed. Instead on Ethpool you accumulate credits towards a full block payout and only receive a payout once you accumulate enough credits to be the first in line at the top of the payout list for the next block found by the pool. Once you reach the top, you receive the next full block payout of ~3 ETH plus an Uncle payout if it's an Uncle block.
It's more like solo mining but you don't lose credit for the work you did if you don't find a block, like you do with solo mining. You also have the benefit of being able to estimate when you will receive a payout by looking up your wallet address on the miner stats page. With only 3 GTX 1070's, it will take many months before you reach enough credits for a payout.
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bigjee
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December 13, 2017, 04:10:40 AM |
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Hello,
I am a newbie with a 3 gtx 1070 rig.
I am mining at eu1.ethpool.org:3333
Can anyome tell me when i will cash out some eth?
I read that it is a solo mining pool !!!!
Thank you.
I would suggest looking at whattomine.com to determine the best coin to mine with your 1070's. ETH is not the best choice right now for the card you have. |
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leonix007
Sr. Member
Offline
Activity: 1008
Merit: 297
Grow with community
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December 13, 2017, 06:23:12 AM
Last edit: December 13, 2017, 04:17:15 PM by leonix007 |
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Ethpool is not like a standard pool where you are paid every round based on your percentage of valid shares contributed. Instead on Ethpool you accumulate credits towards a full block payout and only receive a payout once you accumulate enough credits to be the first in line at the top of the payout list for the next block found by the pool. Once you reach the top, you receive the next full block payout of ~3 ETH plus an Uncle payout if it's an Uncle block.
It's more like solo mining but you don't lose credit for the work you did if you don't find a block, like you do with solo mining. You also have the benefit of being able to estimate when you will receive a payout by looking up your wallet address on the miner stats page. With only 3 GTX 1070's, it will take many months before you reach enough credits for a payout.
The OP may use Ethermine.org instead, rewards are fairly distributed to miners using a Real time PPLNS payout scheme so you will be paid based on the shares submitted with 1% pool fee upon reaching the minimum ether payout. for now standard min payout is 1ETH and is adjustable down to 0.05ETH. https://ethermine.org/ |
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mandelbroT2017 (OP)
Newbie
Offline
Activity: 22
Merit: 0
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December 13, 2017, 03:43:55 PM |
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Ethpool is not like a standard pool where you are paid every round based on your percentage of valid shares contributed. Instead on Ethpool you accumulate credits towards a full block payout and only receive a payout once you accumulate enough credits to be the first in line at the top of the payout list for the next block found by the pool. Once you reach the top, you receive the next full block payout of ~3 ETH plus an Uncle payout if it's an Uncle block.
It's more like solo mining but you don't lose credit for the work you did if you don't find a block, like you do with solo mining. You also have the benefit of being able to estimate when you will receive a payout by looking up your wallet address on the miner stats page. With only 3 GTX 1070's, it will take many months before you reach enough credits for a payout.
The OP may use Ethermine.org instead, rewards are fairly distributed to miners using a Real time PPLNS payout scheme so you will be paid based on the shares submitted with 1% pool feel upon reaching the minimum ether payout. for now standard min payout is 1ETH and is adjustable down to 0.05ETH. https://ethermine.org/ok, what do you think about this: https://www.crypto-coinz.net/crypto-calculator/i found that there are so many error ! could you advise me? |
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leonix007
Sr. Member
Offline
Activity: 1008
Merit: 297
Grow with community
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December 13, 2017, 04:20:53 PM |
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Ethpool is not like a standard pool where you are paid every round based on your percentage of valid shares contributed. Instead on Ethpool you accumulate credits towards a full block payout and only receive a payout once you accumulate enough credits to be the first in line at the top of the payout list for the next block found by the pool. Once you reach the top, you receive the next full block payout of ~3 ETH plus an Uncle payout if it's an Uncle block.
It's more like solo mining but you don't lose credit for the work you did if you don't find a block, like you do with solo mining. You also have the benefit of being able to estimate when you will receive a payout by looking up your wallet address on the miner stats page. With only 3 GTX 1070's, it will take many months before you reach enough credits for a payout.
The OP may use Ethermine.org instead, rewards are fairly distributed to miners using a Real time PPLNS payout scheme so you will be paid based on the shares submitted with 1% pool feel upon reaching the minimum ether payout. for now standard min payout is 1ETH and is adjustable down to 0.05ETH. https://ethermine.org/ok, what do you think about this: https://www.crypto-coinz.net/crypto-calculator/i found that there are so many error ! could you advise me? What error? I don't see any error on the link you've provided, its only an online calculator for your reference, just choose your GPU's and will recommend what coins more profitable for you. |
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mandelbroT2017 (OP)
Newbie
Offline
Activity: 22
Merit: 0
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December 13, 2017, 04:43:38 PM |
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Ethpool is not like a standard pool where you are paid every round based on your percentage of valid shares contributed. Instead on Ethpool you accumulate credits towards a full block payout and only receive a payout once you accumulate enough credits to be the first in line at the top of the payout list for the next block found by the pool. Once you reach the top, you receive the next full block payout of ~3 ETH plus an Uncle payout if it's an Uncle block.
It's more like solo mining but you don't lose credit for the work you did if you don't find a block, like you do with solo mining. You also have the benefit of being able to estimate when you will receive a payout by looking up your wallet address on the miner stats page. With only 3 GTX 1070's, it will take many months before you reach enough credits for a payout.
The OP may use Ethermine.org instead, rewards are fairly distributed to miners using a Real time PPLNS payout scheme so you will be paid based on the shares submitted with 1% pool feel upon reaching the minimum ether payout. for now standard min payout is 1ETH and is adjustable down to 0.05ETH. https://ethermine.org/ok, what do you think about this: https://www.crypto-coinz.net/crypto-calculator/i found that there are so many error ! could you advise me? What error? I don't see any error on the link you've provided, its only an online calculator for your reference, just choose your GPU's and will recommend what coins more profitable for you. I mine ALTCOM for 2 hours and I got : 0.028 ALTCOM, According to whatomine () i should get 0.074088 ALTCOM and according to crypto-coinz.net i should get 0.11 ALTCOM very strange for me !!! |
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