mmpool.org - 1.5% fee DGM/PPS - tx fees/vardiff/merge mine/tor

[mmpool]

Block found! Block 453846 with 0.93 BTC in fees. Processing shortly...

[philipma1957]

Block found! Block 453846 with 0.93 BTC in fees. Processing shortly...

Good about time.

[mmpool]

Block 453846 found by a5d78fff earning them the transactions fees of 0.937 BTC. Withdrawal is available now.

[philipma1957]

Block 453846 found by a5d78fff earning them the transactions fees of 0.937 BTC. Withdrawal is available now.

I was paid for this account     c932f3ed     about 1.10xxx btc

I sent an email and a pm  about  71602a00   about 0.301xxx btc

please get back to me on that account.


Thanks phil

[mmpool]

I sent an email and a pm  about  71602a00   about 0.301xxx btc

please get back to me on that account.

Just confirming that this was resolved.

[vg54dett]

The "bit more than the DGM" is just variance and time delays between the time the DGM estimate is calculated and the actual amount paid. It'll always be slightly off.

If your estimated DGM payout is decreasing it means that part of the payment is being put off to a later round. So the bigger hasher is getting more of this rounds payment, yours decreases but you'll get it paid over a longer tail. It's a bit frustrating to see the DGM decrease, especially with the pool having such a long time between blocks, but it's just the way the payment system works out.

Hello,
does it mean that all of us small miners (#2 to #27) got lower payouts this block due to very high hash from #1 but we will recover our "loss" during the following rounds/blocks ?
or is it lost forever ?

[mmpool]

New block! Block 454022 was solved by the pool. With transaction fees of 4.29BTC, wow! I'll process soon and see who found it.

[mmpool]

does it mean that all of us small miners (#2 to #27) got lower payouts this block due to very high hash from #1 but we will recover our "loss" during the following rounds/blocks ?
or is it lost forever ?

If the pool finds faster blocks due to a higher hashrate that means you get smaller payouts but more often. The income earned is equivalent to getting a larger payout less often if the pool hash rate is lower. With some variance due to difficulty adjustments that occur mid-round, etc. Your payment over X shares should be approximately the same, whether there's a high hash rate contributor or not. With a high hash rate contributor the blocks are found faster so you will have found less shares and therefore earned a lessor amount for that block. Over time, and blocks, you should get paid the same either way.

[vg54dett]

Just to be sure to understand, as the calculation here is more complicated than usual pools:

So let's imagine someone mining here whole last round with the badluck big block.
With relatively stable average hashrate. Like Phil for example.
Due to the #1 contributor, Phil, me and everyone else got our profit divided, maybe by 2 to 4 depending on contribution time.

Your previous sentence I quoted let me think this profit loss could be recovered: our contribution was not lost but keeped for later.
But now with your last answer , I understand it is really lost, and we can only expect luck to average in long time.

Please correct me if I'm wrong.
But the new payout for the fast block seems to be as if nothing happened before so I guess Phil and others small contributors can only accept this was bad luck and loss..

[mmpool]

Your previous sentence I quoted let me think this profit loss could be recovered: our contribution was not lost but keeped for later.
But now with your last answer , I understand it is really lost, and we can only expect luck to average in long time.

Please correct me if I'm wrong.
But the new payout for the fast block seems to be as if nothing happened before so I guess Phil and others small contributors can only accept this was bad luck and loss..

It is recovered, over time, as the pool variance smooths out. Then you get paid more of the share accounting for what you didn't get paid in prior rounds where you couldn't. It still requires luck - the pool can't pay extra with funds it hasn't earned yet. In unlucky rounds you'll get paid less. In lucky rounds you'll get paid more to compensate for the unlucky rounds that you personally were involved in. In this way the variance is smoothed out. It should be intuitively obvious that it requires the pool luck to balance out for this to work - because the pool can only pay the earned shares if the pool finds the blocks to pay them over time. There is still variance though and the pool takes that risk on. For example, when the halvening occurred the block payout for the following block was larger than the block reward as it compensated for miners earning shares at the pre-halvening rate.

It should be noted that you are not 'owed' and there is no "profit" to be recovered. The only income is the reward from a block and that is proportioned out based on share contribution. DGM smooths this such that during 'lucky periods' you get recognition for previous share submissions during unlucky periods. If you've been unlucky you'll get more when the pool is lucky in proportion to how unlucky you were. And that is kept track of such that it evens out as the pool evens out.

[mmpool]

Block 454,022 found by a5d78fff earning them the 4.295 BTC in transaction fees as the finders reward. Withdrawal is now available for that block.

[vg54dett]

It is recovered, over time, as the pool variance smooths out. Then you get paid more of the share accounting for what you didn't get paid in prior rounds where you couldn't.
[...]
It should be noted that you are not 'owed' and there is no "profit" to be recovered. The only income is the reward from a block and that is proportioned out based on share contribution. DGM smooths this such that during 'lucky periods' you get recognition for previous share submissions during unlucky periods. If you've been unlucky you'll get more when the pool is lucky in proportion to how unlucky you were. And that is kept track of such that it evens out as the pool evens out.

That's the part I'm not sure to understand. Sorry if it sounds stupid, but how can we get "recognition"  for previous share submissions during unlucky periods ?

For example, for people mining here for the last 2 blocks :
-> with the last quick block, do we earn more than our share proportion (as we get unlucky during previous long block) ?

[mmpool]

For example, for people mining here for the last 2 blocks :
-> with the last quick block, do we earn more than our share proportion (as we get unlucky during previous long block) ?

It depends how many other unlucky people were also getting more than their share proportion. But in general, yes, you'd expect to get more in the quicker blocks. It depends how much you've mined vs other miners in the pool also getting the DGM adjusted (up or down). If you only started in the last block you're also getting hit by the "charging your capacitor" side of the system, whereby you don't get your full payment worth for the first few blocks but in turn you continue to get paid when you stop mining as the capacitor discharges.

[vg54dett]

Thank you very much for the explanations.

Someone who stop mining now will get rewards in the future blocks where he won't contribute ? but got lower reward while he was contributing due to the charging capacitor.

How do that feature work ? I mean, is it a long process to get it fully charged ?

[wlefever]

Block 454,022 found by a5d78fff earning them the 4.295 BTC in transaction fees as the finders reward. Withdrawal is now available for that block.

WOW! What a block, congrats!

[vg54dett]

Block 454,022 found by a5d78fff earning them the 4.295 BTC in transaction fees as the finders reward. Withdrawal is now available for that block.

WOW! What a block, congrats!

Good day for a5d78fff  ! big risk, but BIG reward !

[philipma1957]

Block 454,022 found by a5d78fff earning them the 4.295 BTC in transaction fees as the finders reward. Withdrawal is now available for that block.

WOW! What a block, congrats!

Good day for a5d78fff  ! big risk, but BIG reward !

yeah  the long block  he purchased 700,000,000,000 shares which is more then 16 coins  he got 11  that is a 5 coin loss.

the short block  he grabbed   about 13 or 14 coins with the tx fees  included  and he did not spend   too much at nice hash  there were 63,500,000,000 shares say  55,000,000,000 by him  that would be under 2 coins a profit of at least 11

so down 5 up  11  he is ahead at least 6 coins .   What make his plan work well is the tx fees  more then 4 coins the last 2 blocks and with 90% of the hash  he has a good shot to hit it almost every time.

Hurts me as my hash rate is now under 10% of the pool  so my chance to get the tx rewards is under 10%

I hit 2 blocks here in 3 years both time tx rewards were really low.

@ block hitter  keep pushing hash here maybe we get a fast block again.

[spiker777]

wow   https://blockchain.info/ru/block/0000000000000000010913c2cda03f4d0fd632a7ccaca196bffba7f4f10c083b

[philipma1957]

Yeah. Maybe I hit it and not the top guy


These fees are 1.5 btc

[spiker777]

Yeah. Maybe I hit it and not the top guy


These fees are 1.5 btc

 
 
all can be, too, if I fill the piggy bank to the end I want to buy a drill, and throw in mmpool.org