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Author Topic: [POOL][Scrypt][Scrypt-N][X11] Profit switching pool - wafflepool.com  (Read 465524 times)
phzi
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June 05, 2014, 09:24:47 AM
 #4561

poolwaffle
When we mine VTC, we also mine (merged) PLX and MON like other pool or not?
The merge-mined nscrypt coins are worth a decent penny,. WafflePool doesn't merge-mine anything (yet, anyway).
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June 05, 2014, 11:14:30 AM
 #4562

poolwaffle
When we mine VTC, we also mine (merged) PLX and MON like other pool or not?
The merge-mined nscrypt coins are worth a decent penny,. WafflePool doesn't merge-mine anything (yet, anyway).

Monocle mining gives on ~5-10% more profit.
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June 05, 2014, 12:31:55 PM
 #4563

Why bother pinning calculations to absolute currency values at all if they are guaranteed to be inaccurate as soon as the next market trade goes through?  (And you even realized that by the time you finished writing your post!)

All an alternative algorithm miner would need to pass to the pool server is its own unique calculated efficiency factor, relative to Scrypt10.

The blissfully ignorant will ignore it and the pool server can use its own assumed algorithmic efficiency factors, exactly as it is doing now.
(0.50 for Scrypt11, 4.00 for X11, 3.00 for X13, etc.)

Others who are more aware of their miner's alternate algorithmic hash rate ratios can override those assumed values with more accurate ones.
(e.g. 0.48 for Scrypt11, 3.90 for X11, 2.90 for X13, etc.)

And those who understand the concept of hash rate production costs can scale the efficiency factor value appropriately.
(e.g. 0.48 for Scrypt11, 5.20 for X11, 3.87 for X13, etc.)

Power costs are fixed. Earnings per MH/s are variable. You cannot derive an efficiency factor for e.g. X11 without knowing the current profitability of X11 mining. Profitability is known to (estimated by) the pool and would need to be communicated to the miner to calculate that factor. All I'm suggesting is to avoid this two way communication (or website scraping or whatever) and recalculation on the miner's side, just pass the two components (hashrate and cost to run) to the pool and let the pool figure out the rest.
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June 05, 2014, 01:13:34 PM
 #4564

Why bother pinning calculations to absolute currency values at all if they are guaranteed to be inaccurate as soon as the next market trade goes through?  (And you even realized that by the time you finished writing your post!)

All an alternative algorithm miner would need to pass to the pool server is its own unique calculated efficiency factor, relative to Scrypt10.

The blissfully ignorant will ignore it and the pool server can use its own assumed algorithmic efficiency factors, exactly as it is doing now.
(0.50 for Scrypt11, 4.00 for X11, 3.00 for X13, etc.)

Others who are more aware of their miner's alternate algorithmic hash rate ratios can override those assumed values with more accurate ones.
(e.g. 0.48 for Scrypt11, 3.90 for X11, 2.90 for X13, etc.)

And those who understand the concept of hash rate production costs can scale the efficiency factor value appropriately.
(e.g. 0.48 for Scrypt11, 5.20 for X11, 3.87 for X13, etc.)

Power costs are fixed. Earnings per MH/s are variable. You cannot derive an efficiency factor for e.g. X11 without knowing the current profitability of X11 mining. Profitability is known to (estimated by) the pool and would need to be communicated to the miner to calculate that factor. All I'm suggesting is to avoid this two way communication (or website scraping or whatever) and recalculation on the miner's side, just pass the two components (hashrate and cost to run) to the pool and let the pool figure out the rest.

I'm in no mood to discuss this with you, as you seem to be missing and/or ignoring what I consider to be obvious.  So you can believe whatever it is that you choose to believe.  
 
If something like this is implemented though, all engaged miners will lose a large portion of their profitability edge, and only pool operators and distracted miners will benefit.  
 
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June 05, 2014, 02:00:29 PM
 #4565

sgminer + CGWatcher is what I'm using on one rig to test in preparation for waffle having x11. Can't wait for x11. I have all my rigs ready to go! The rig on x11 runs crazy cool.
poolwaffle (OP)
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June 05, 2014, 04:59:27 PM
 #4566

X11 is ready to go Smiley

Same process as the small beta for Scrypt-N.  If you've mined X11 before, or are OK setting it up without any outside assistance (I don't have the "Getting Started" written yet), you're free to start using it.  The obvious "This is in BETA, stuff might break" applies.  Darkcoin is disabled for now until we get some more hash power (soon as we can get a block on average every hour or so, I'll enable it).

http://wafflepool.com/newalgos
Enjoy!
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June 05, 2014, 05:14:10 PM
 #4567

X11 is ready to go Smiley

Same process as the small beta for Scrypt-N.  If you've mined X11 before, or are OK setting it up without any outside assistance (I don't have the "Getting Started" written yet), you're free to start using it.  The obvious "This is in BETA, stuff might break" applies.  Darkcoin is disabled for now until we get some more hash power (soon as we can get a block on average every hour or so, I'll enable it).

http://wafflepool.com/newalgos
Enjoy!

Just to make sure - you are using 4x ratio for the vs LTC calculation, right?
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June 05, 2014, 05:17:50 PM
 #4568

X11 is ready to go Smiley

Same process as the small beta for Scrypt-N.  If you've mined X11 before, or are OK setting it up without any outside assistance (I don't have the "Getting Started" written yet), you're free to start using it.  The obvious "This is in BETA, stuff might break" applies.  Darkcoin is disabled for now until we get some more hash power (soon as we can get a block on average every hour or so, I'll enable it).

http://wafflepool.com/newalgos
Enjoy!

Switching over now!!


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poolwaffle (OP)
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June 05, 2014, 05:25:01 PM
 #4569

Just to make sure - you are using 4x ratio for the vs LTC calculation, right?

Correct.  Current profit multipliers are 0.47 for Scrypt-N, and 4.0 for X11.  The raw numbers in the stats table are not multiplied (BTC, Hashrate, BTC/1MH/day), only the "vsLTC" numbers are scaled by the profit multipliers.
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June 05, 2014, 05:29:30 PM
 #4570

Just to make sure - you are using 4x ratio for the vs LTC calculation, right?

Correct.  Current profit multipliers are 0.47 for Scrypt-N, and 4.0 for X11.  The raw numbers in the stats table are not multiplied (BTC, Hashrate, BTC/1MH/day), only the "vsLTC" numbers are scaled by the profit multipliers.

Great! Will try out as soon as one my leased ones opens up...
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June 05, 2014, 05:52:22 PM
 #4571

Just to make sure - you are using 4x ratio for the vs LTC calculation, right?

Correct.  Current profit multipliers are 0.47 for Scrypt-N, and 4.0 for X11.  The raw numbers in the stats table are not multiplied (BTC, Hashrate, BTC/1MH/day), only the "vsLTC" numbers are scaled by the profit multipliers.

Any chance you can give us a stats_api?algo=all option to retrieve rate tables for all algorithms in only one call?


poolwaffle (OP)
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June 05, 2014, 06:00:56 PM
 #4572

Just to make sure - you are using 4x ratio for the vs LTC calculation, right?

Correct.  Current profit multipliers are 0.47 for Scrypt-N, and 4.0 for X11.  The raw numbers in the stats table are not multiplied (BTC, Hashrate, BTC/1MH/day), only the "vsLTC" numbers are scaled by the profit multipliers.

Any chance you can give us a stats_api?algo=all option to retrieve rate tables for all algorithms in only one call?

Yep, working on it now.  I think we'll actually be moving to a completely different API however, just to avoid breaking the old one's structure.
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June 05, 2014, 06:01:42 PM
 #4573

X11 is ready to go Smiley

Same process as the small beta for Scrypt-N.  If you've mined X11 before, or are OK setting it up without any outside assistance (I don't have the "Getting Started" written yet), you're free to start using it.  The obvious "This is in BETA, stuff might break" applies.  Darkcoin is disabled for now until we get some more hash power (soon as we can get a block on average every hour or so, I'll enable it).

http://wafflepool.com/newalgos
Enjoy!

Switched! It couldn't have been easier. I simply changed the port number on my test rig, and it started right up, and is reporting all is well on the stats page! Very excited for the summer season mining with waffle!
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June 05, 2014, 06:09:44 PM
 #4574

Awesome news pw I will switch my two rigs over as soon as I get home great job.

http://leaserig.net/index.jsp?rfid=2539 - Leash the Hash power you need to dominate coins.
poolwaffle (OP)
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June 05, 2014, 06:35:39 PM
 #4575

New Stats API is available.  http://wafflepool.com/api/stats

Includes some requested things people were scraping from the stats page, and adds all the algorithms in one place.  Everything is cached for 60s (basically how often our presentable stats update), so if possible, please don't pull more often than that Smiley

New Features (per algorithm):
- currently mined coin
- pool hashrate
- last hour of mining (% of the hour by coin)
- balances (sent, exchanged [pending send], confirmed [unexchanged], unconfirmed)
- last 7 days of aggregate stats
  - btc earned
  - hashrate
  - btc per mhs/day
  - vsltc (percent, scaled by our profit factors [0.47 for scrypt-N, 4.0 for x11]).
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June 05, 2014, 06:45:06 PM
 #4576

Yea, looking forward to trying out X11 tonight after I compile a new miner on my BAMT rig.

Free faucet + lotto!  http://freebitco.in/?r=420364
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June 05, 2014, 06:48:06 PM
 #4577

New Stats API is available.  http://wafflepool.com/api/stats

Includes some requested things people were scraping from the stats page, and adds all the algorithms in one place.  Everything is cached for 60s (basically how often our presentable stats update), so if possible, please don't pull more often than that Smiley

New Features (per algorithm):
- currently mined coin
- pool hashrate
- last hour of mining (% of the hour by coin)
- balances (sent, exchanged [pending send], confirmed [unexchanged], unconfirmed)
- last 7 days of aggregate stats
  - btc earned
  - hashrate
  - btc per mhs/day
  - vsltc (percent, scaled by our profit factors [0.47 for scrypt-N, 4.0 for x11]).

Thanks.  You might want to recheck the output of that new api command though.  There seem to be quotation marks missing from around some of the values types that are surrounded by quotation marks elsewhere in the output.  Of course, I don't know what your original intentions were, but it does not look to be consistently implemented.
 
poolwaffle (OP)
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June 05, 2014, 07:01:53 PM
 #4578

Thanks.  You might want to recheck the output of that new api command though.  There seem to be quotation marks missing from around some of the values types that are surrounded by quotation marks elsewhere in the output.  Of course, I don't know what your original intentions were, but it does not look to be consistently implemented.

Sorry about that, thats what I get for writing it quickly Smiley

Give it another shot, I think everything should be cast properly (was an issue with values coming back from our cache layer as strings rather than the proper data type).
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June 05, 2014, 07:10:51 PM
 #4579

Thanks PW! Just pointed 20MH/s X11 at the test pool.
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June 05, 2014, 07:17:50 PM
 #4580

Thanks PW! Just pointed 20MH/s X11 at the test pool.

Awesome!  Its looking solid so far (just added another coin).  Assuming everything goes well over the next 24hrs, I'll post a link on the site, and we'll open it up to more people.  Then on to X13 Smiley
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