Hi PBMining Admin,
There has been a 7.5% cut in rewards in global page in all users statistics since last payout..
According to
https://bitcoinwisdom.com/bitcoin/difficulty ;
1000 GHS has to pay 0.0127 BTC in 24 hours, also you can also calculate this with this formula too, 1000 GHS/DAY = (24*1000)*1000000000*3600*25/(D*2^32) = 0.0127 BTC/day where D is the current difficulty which is 39603666252 right at the moment. But since yesterday, it is paying 0.0117 BTC/24hours ..which is a reduction of 7.5% .
You always say that, there is no recurring costs, there is no fees, there is no any other fees applied to these contracts, and you always say in your website front page and in this forum that you are willing to pay full payment even if there will be downtime too. and users made these contracts with these circumstances.
So, what is the reason of this huge cut?
i hope this problem is caused by a miscalculation in the system and will be fixed soon.
The magic term here is "variance".
The "payout per 24 hours" is strictly theoretical. There is no blockreward of 0.0127. There is a blockreward of 25 BTC and if a certain block isn't found as fast as would be expected the reward per Gh/s is lower than the theoretical average since the revenue is generated over a longer period of time.
but pbmining don't pay out on block reward, they pay out on a fixed calculation, as previously set out in this thread, a few months ago.
Unless that has changed?
I have been mining here for about 1 year, and, there was no variance until NOW. Payouts WAS equal to that calculation as i mention above, But since yesterday, the statistics in global page are counting 7.5% less than of the original. that is 7.5% reduce in profit and that is not pbmining promise.
Check your stats in a one hour time period, just check your stats in the global page, i am checking all users stats with a script.. and all has same percent decrease i.e 7.5%.
you can do your calculations your own too.
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