Why low mining result?

[HardCore12V]

I don't quit understand how binance eth pool works, I'm using 93 mh power on the pool and here is the result after 24hrs



I got paid for 63MH, is there something that I don't understand? Or difficultly settings too high? Ok nicehash which is more accurate does 835M diff and binance is showing 2g diff settings, could that be the problem?

[philipma1957]

I don't quit understand how binance eth pool works, I'm using 93 mh power on the pool and here is the result after 24hrs



I got paid for 63MH, is there something that I don't understand? Or difficultly settings too high? Ok nicehash which is more accurate does 835M diff and binance is showing 2g diff settings, could that be the problem?

 A good question for which I do not know why.

I could guess that your ping time is far and you lose credit.
I don't know much about binate pool as I mine at nicehash and viabtc.

https://www.binance.com/en/support/faq/360040955392


How are Earnings calculated?
Binance
2020-03-24 07:19
Currently, the Binance Mining Pool uses the FPPS Settlement Model for BTC and the PPS+ settlement Model for ETH that assumes the Luck Value of completed blocks so the workers do not have to. Theoretically, Earnings and Transaction Fees are distributed to workers based on hash rate. The Settlement Calculation Method is as follows:
FPPS = Theoretical Average Daily Settlement Earnings * (1 + Transaction Fee Rate) * (1 - Mining Pool Fee Rate)
PPS+ = Shares / Difficulty * Block Reward * (1 - Mining Pool Fee Rate)
The theoretical Earnings and Transaction Fee Rates for the day can be found in the Block Explorer in the average Block Transaction Fee Rate for the current settlement period.
BTC Pool Fee Rate is 2.5%.
ETH Pool Fee Rate is 0.5%.

If their explanation is true some how you are dropping 30 mh. 

The diff number you give should not be a reason for that drop.

[FP91G]

Try to change the pood for mining first
https://miningpoolstats.stream/ethereum
I would recommend starting at ethermine.org
Which miner are you using and what are your settings?
Ideally, I would like to see your hashrate and share statistics for 24 hours
But I'm not sure that this is a problem due to poor internet connection.

[rdluffy]

I tried Binance pool for some days and I didn't like it
It's good because it's easy to move to exchange Binance without any fees, but it's pretty hard to know your exact hashrate, there's a lack of information about the pool and servers, and I prefer to use another pools

Ethermine, Flexpool and Miningpool hub are great pools, reliable, easy to use and you can find a server near your location.

This specific problem about Binance could be: poor internet connection with the server of Binance, or the system used by Binance didn't have enough time to show you the correct hashrate you're sending
For example, in Binance took me 24 hours or more to show my correct hashrate

[Bravehash]

I don't like binance pool  I feel cheated using that mining pools days back because I was looking for a way to avoid withdrawal fee, after moving to Viabtc and a better improvement, you can see the exact hashrate you are mining at but not on binance, too complicated for my liking

[bretthexum]

I tried Binance pool a while back and also got some very strange results.  At first I thought it was something on my side, but when I switched no issues.

Agree with others, go to another pool like Ethermine

[Commie]

Binance shows weird hashrates, yeah, also I noticed that regardless of port chosen share confirmations take 7000-30000ms, that's way beyond normal, as a result I had about 5% bad/stale shares. So I decided to try switch couple of cards to Ethermine to compare. Now after 48 hours on Ethermine I see my earnings being 0.002 lower than on Binance.  I'll see how it goes (maybe luck factor was  bad over these two days), maybe will switch back to Binance.

[dedizonesv2]

I tried Binance pool for some days and I didn't like it
It's good because it's easy to move to exchange Binance without any fees, but it's pretty hard to know your exact hashrate, there's a lack of information about the pool and servers, and I prefer to use another pools

Ethermine, Flexpool and Miningpool hub are great pools, reliable, easy to use and you can find a server near your location.

This specific problem about Binance could be: poor internet connection with the server of Binance, or the system used by Binance didn't have enough time to show you the correct hashrate you're sending
For example, in Binance took me 24 hours or more to show my correct hashrate

And HiveON pool ? pps+ no fee

[rdluffy]

And HiveON pool ? pps+ no fee

Never tried the pool of Hive, but I use Hive OS and I really like the whole system.

If you check here: https://miningpoolstats.stream/ethereum you can see HiveON is the 4th pool with highest hashrate.

To me, the most important is to test by yourself, maybe my best pool isn't your best choice, I'm using ethermine because of my tests, it's the best for me, low stale shares, quick payment, it's the most constant pool for me.
But you can try HiveON, you have to consider the quality and distance of the server pool, payment schedule, method of shares etc

[MCcryptonia]

For binance pool what matters is the end result after 24hrs of mining, my hashrate is never accurate just like everyone but I always get the right amount I'm supposed bro earn every 24hrs, it's very strange how binance pool works but I will like the pool anyways

[batsonxl]

Binance has real problems even you got good ethernet is not enough. Tried all only you get better result if you add letter (v) in the beginning of the pool but still shows rejected shares.
Try ethermine it will show you 90mhs hashpower but ethermine pay treshold is 0.1ETH now which can take long time to pay out.

[rdluffy]

but ethermine pay treshold is 0.1ETH now which can take long time to pay out.

Now it's a little better on ethermine:

Unpaid balances above 0.05 ETH will always be paid out at least once every 7 days
Unpaid balances above 0.01 ETH will always be paid out at least once every 14 days

Source: https://ethermine.org/

So if you don't reach 0.1ETH in 7 days, if you have at least 0.05, you'll be paid every 7 days

[HashingTower]

Binance has real problems even you got good ethernet is not enough. Tried all only you get better result if you add letter (v) in the beginning of the pool but still shows rejected shares.
Try ethermine it will show you 90mhs hashpower but ethermine pay treshold is 0.1ETH now which can take long time to pay out.

The problem is your DNS, I was able to fix binance hashrate issue when I put my DNS to off mode, maybe I should drop a screenshot of what I meant?



This fixed my issue and from 70MH days ago I'm now getting full 95mh on binance pool, try it out, might work for you