[CLOSED] Watch the thread for finaly payout info "Project #2"

[localhost]

I suppose some people work on their mining rig I do, but keep mining, and the PC isn't as responsive as it could be without mining.

[crosby]

Still waiting for the second account to be enabled.

thx

[P4man]

How do you manage to lose money on this? Even if you just redirect the hashes to GPUmax, you ought to make a small profit, as you currently get ~120% PPS average just from running public jobs. I know its down from it was before, but its still ~120%. If you do any hopping on top of that, its kinda hard to see how youd make less than 130% PPS

[crosby]

Still waiting for the second account to be enabled.

thx

yeah we are not opening anything up until we fix one thing. i'm losing btc keeping this going right now so it will have to wait. sorry

Good luck with your operations..

[Bigpiggy01]

How do you manage to lose money on this? Even if you just redirect the hashes to GPUmax, you ought to make a small profit, as you currently get ~120% PPS average just from running public jobs. I know its down from it was before, but its still ~120%. If you do any hopping on top of that, its kinda hard to see how youd make less than 130% PPS Huh

That's a rather simplistic calculation particularly if you take into account the number of pools that have switched away from proportional payouts to less hoppable ones. And you aren't allowing for server costs or other overhead.

[beaups]

How do you manage to lose money on this? Even if you just redirect the hashes to GPUmax, you ought to make a small profit, as you currently get ~120% PPS average just from running public jobs. I know its down from it was before, but its still ~120%. If you do any hopping on top of that, its kinda hard to see how youd make less than 130% PPS Huh

That's a rather simplistic calculation particularly if you take into account the number of pools that have switched away from proportional payouts to less hoppable ones. And you aren't allowing for server costs or other overhead.

And nevermind the fact that a large % of the shares generated here are only generated when GPUMAX isn't accepting public work in the first place.

[P4man]

And nevermind the fact that a large % of the shares generated here are only generated when GPUMAX isn't accepting public work in the first place.

Of course, thats why its "only" 120% currently. AFAIK, public work is still paid at 150% PPS, but its only ~40% of the shares. You should end up with about 120% average per day if you just point your miners to GPUmax and have a zero fee private pool. Unless gpumax prioritizes small miners, but I have never heard of that.

That's a rather simplistic calculation particularly if you take into account the number of pools that have switched away from proportional payouts to less hoppable ones. And you aren't allowing for server costs or other overhead.

Overhead and server costs are not a reason to refuse miners. If anything youd want more to cover the fixed costs. Refusing miners indicates "per share" losses, which is hard to grasp for me since gpumax alone ought to cover it.

As for hopping, well, fortunately prop pools are indeed a dying breed, but hopping just one prop pool, depending how badly its being hopped, will get you close to that 10% extra already, and its not like there is only 1 pool you can hop.  If you cant get 116% with a gpumax account and hopping, you are doing something wrong.

[beaups]

And nevermind the fact that a large % of the shares generated here are only generated when GPUMAX isn't accepting public work in the first place.

Of course, thats why its "only" 120% currently. AFAIK, public work is still paid at 150% PPS, but its only ~40% of the shares. You should end up with about 120% average per day if you just point your miners to GPUmax and have a zero fee private pool. Unless gpumax prioritizes small miners, but I have never heard of that.

That's a rather simplistic calculation particularly if you take into account the number of pools that have switched away from proportional payouts to less hoppable ones. And you aren't allowing for server costs or other overhead.

Overhead and server costs are not a reason to refuse miners. If anything youd want more to cover the fixed costs. Refusing miners indicates "per share" losses, which is hard to grasp for me since gpumax alone ought to cover it.

As for hopping, well, fortunately prop pools are indeed a dying breed, but hopping just one prop pool, depending how badly its being hopped, will get you close to that 10% extra already, and its not like there is only 1 pool you can hop.  If you cant get 116% with a gpumax account and hopping, you are doing something wrong.

Why do you have such a hard time understanding that GPUMAX can't help this project much?  SMART miners are mining @ gpumax and setting this project as the private pool.  If all the hashing power comes into this project when GPUMAX isn't accepting public work, what do you think happens?  Even if this project's miners mine 100% of the time (which isn't gonna happen), GPUMAX is only running ~50% public work right now.

[JWU42]

35% not 50% - been that way for almost a week now...

[beaups]

35% not 50% - been that way for almost a week now...

True.  Either way I bet 50% plus of the folks in this project will only use as the private pool for GPUMAX - which means he can't be sending the power to GPUMAX.

[jamesg]

35% not 50% - been that way for almost a week now...

True.  Either way I bet 50% plus of the folks in this project will only use as the private pool for GPUMAX - which means he can't be sending the power to GPUMAX.

LOL. The endless loop for forwarding hashes!

[JWU42]

 

[P4man]

Why do you have such a hard time understanding that GPUMAX can't help this project much?  SMART miners are mining @ gpumax and setting this project as the private pool.  If all the hashing power comes into this project when GPUMAX isn't accepting public work, what do you think happens?  Even if this project's miners mine 100% of the time (which isn't gonna happen), GPUMAX is only running ~50% public work right now.

You should read more carefully. Goat is not paying 116% if you dont mine here 100% of the time. Anyone "hopping" between this pool and gpumax will only get 100% from goat (which makes complete sense, mind you). 

GPUmax is also closer to 40% public work atm, but the math isnt very hard.  0.4 x 150% PPS + 0.6 x 100% PPS = 120% PPS without any hopping at all. So how does one get below 116% for full time miners?

[beaups]

Why do you have such a hard time understanding that GPUMAX can't help this project much?  SMART miners are mining @ gpumax and setting this project as the private pool.  If all the hashing power comes into this project when GPUMAX isn't accepting public work, what do you think happens?  Even if this project's miners mine 100% of the time (which isn't gonna happen), GPUMAX is only running ~50% public work right now.

You should read more carefully. Goat is not paying 116% if you dont mine here 100% of the time. Anyone "hopping" between this pool and gpumax will only get 100% from goat (which makes complete sense, mind you). 

GPUmax is also closer to 40% public work atm, but the math isnt very hard.  0.4 x 150% PPS + 0.6 x 100% PPS = 120% PPS without any hopping at all. So how does one get below 116% for full time miners?

He's paying everyone 116% right now, regardless of your mining "style".  In his last project, and I assume this one, he stated CLEARLY that he didn't mind the hopping between GPUMAX and him.  The point is he can not just feed work to GPUMAX since:

1.) There isn't enough public work available
2.) When there IS public work available, we are sending hashes to GPUMAX and not this pool

So once GPUMAX normalizes and gets back to periods of 100% public and 100% private work, goat won't be able to use GPUMAX much.  We will all be using him when the GPUMAX work is all private.

[bulanula]

I thought GPUMAX banned Goat's pool because it was some sort of endless loop or lagging ?

How are you guys putting Goat as the private pool then ?

Maybe Goat is actually running through GPUMAX and getting a 4% cut for himself ( no evidence, just speculation ) ?

Thanks !

[JWU42]

project #2 is working fine with gpumax as a private pool right now...

[bulanula]

project #2 is working fine with gpumax as a private pool right now...

So he is not penalising for this "hopping" behaviour then ?

I swear that project #2 used to be banned on GPU MAX last time ...

[JWU42]

I am consistently mining with a portion of my rigs and the others are at GPUmax amongst other places.  There is more going to project#2 now due to the % off private work 65%.

When Goat opens this up to more users he might impose rules on minimum hash power and varies bonus PPS rates (just speculation on my part).

[beaups]

project #2 is working fine with gpumax as a private pool right now...

So he is not penalising for this "hopping" behaviour then ?

I swear that project #2 used to be banned on GPU MAX last time ...

 Nope I've always used this pool as private pool for gpumax.  Dig back a little and with project 1 goat specifically said he didn't mind if you hopped to him from gpumax.  I think he's doing his own hopping, more power to him.

[beaups]

Why in the world would someone point gpumax work back to you?  Pay 150% to get 116%?