Burst.ninja team.
Can you please confirm block finders payout ratio per block?
I thought it was 60%, but my last block paid less than 25%
its been low like this on a few blocks and I can't understand why.
Is is because my winning deadline wasn't great or because the
next best dl was close to my deadline, perhaps?
http://burstcoin.eu/block/3841550164897021374 Reward 6983
http://burstcoin.eu/transaction/1232063051214518638My reward 1695
Otherwise very happy with your pool and all the work you guys
are doing.
Thank you.
it is not 60% of the block... it's like this...
60% of the PAYOUT is based on the left, and 40% on the right. (overall)
Everything on each pie is based on a ladder payout system, you can see the amounts that would be paid out if we were to find a block now, with the amounts that are listed there...
There are two ladders, one for the current, one for the historic. You can see the number distribution ladder as you see the numbers going down.
So... what you're thinking is 60% of the block's payout, but that isn't it... it is based 60% on the left pie, not 60% of the block's payout.
Overall, our payout system I believe to be the most fair. The block finder gets the most, and someone under him who submitted another share that was close to the block finder's share, would also get a significant payout. Then the historically better miners will get a more solid payout for being a bigger part of the team.
So you can't go by what 60% of the block's payout would be, because that would not ever be equal to your payout. Your payout will be based 60% on the left (you can see what the payout would be at the time of the block being found) and 40% on the right.
To calculate what your payout would be during the block, you can add up the numbers by your name on the left and on the right, that will be your payout minus 1 for transaction fee and 2% for the pool fee.
Hopefully this makes sense...
I still believe our payout system to be the fairest in the land, and it is also fully customizable in the case we decide that we'd like to modify it.
But as of yet (since we've implemented the last changes to the payout system) I have received no complaints. Which I consider a win!
Let me know if you have any more questions and I can answer them for you.
edit: also yes you're right, if someone else finds a deadline really close to yours when you find the block, they will get a significant payout as well, for finding that deadline, and thus take away some of what you would have gotten being the block finder. But I still think that this is fair, so even if you don't find the block, but you find a share close to the block finder when the pool finds a block you still get a nice chunk, I like that.