Earnings with GPUMAX?

[David_Benz]

since i joined i have gotten around 140% pps rates (including non leased work)

the last couple of days have been great and i have been getting a solid 0.00004 pps

I been running at .00004 too and they are leasing 100% of my shares so far.

My math could be wrong ... but I am making about .01 every minute that passes on GPUMax (with about 10.5Ghash).  FAR more then any other pool.

[BlackPrapor]

Can someone please remove this thread? It reduces my profits...

[dropt]

Can someone please remove this thread? It reduces my profits...

Seconded.

[cuz0882]

Those numbers will not be working for much longer if you keep bragging to the whole world about it...

[BinaryMage]

Can someone please remove this thread? It reduces my profits...

Seconded.

Those numbers will not be working for much longer if you keep bragging to the whole world about it...

I personally think that providing information openly is far more important than someone's bottom line. Regardless, the GPUMAX PPS price is commonly known, and easily derivable - it isn't secret. This thread isn't going to crash the price, lower your profits, and ruin your life. Calm down.

[drakahn]

Those numbers will not be working for much longer if you keep bragging to the whole world about it...

lol, idiot

[TheHarbinger]

Yup, purely coincidence that the price per 20,000 shares has gone down 0.3 BTC since the last batch of invites and discussion of the PPS price started.   

[Starlightbreaker]

since i joined i have gotten around 140% pps rates (including non leased work)

the last couple of days have been great and i have been getting a solid 0.00004 pps

wow, the price drops so low now.

[BinaryMage]

Yup, purely coincidence that the price per 20,000 shares has gone down 0.3 BTC since the last batch of invites and discussion of the PPS price started.   

Nope, it couldn't have anything whatsoever to do with difficulty changes and backlog depletion. Must be those evil people revealing the closely-held secrets of GPUMAX.

[cuz0882]

pirateat40
"I don't care if people want to talk about the pricing, but I will tell you that when you mention the price here the big hashers start moving around their pricing which changes the purchase price which stops public work for a lot of people.  So feel free to talk about pricing all you want but don't blame me when there's no work to be had. "

[Kaos]

Paint me stupid but the PPS is not a secret to anyone... What is "secret" is the asking price of miners + GPUMAX's own cut, which should be possible to be calculated if you monitor the variance in price over a period of days and average.

[dropt]

You can estimate the 10% commission all you want, but the system is dynamic.  Every time a (larger) miner lowers their cost per share, the average decreases.  As we all scramble to maximize our return we end up shooting ourselves in the foot. 

When someone publicly posts a price and how much lease work they're getting it causes a bunch of other people to adjust to try and get more leased work.  However, at some point the increase in lease work does not outweigh the decrease in PPS because too many people are doing it as a direct response to the public posting.   Case in point: Before this thread I was leasing near 100% at a decently higher price than was posted by the OP.  After this thread, that dropped to about 25% because those who were only getting 50% leased at a PPS above what I was at all dropped theirs to chase 100%.

[zvs]

Yup, purely coincidence that the price per 20,000 shares has gone down 0.3 BTC since the last batch of invites and discussion of the PPS price started.   

aha!

[cuz0882]

It's a good thing everyone lowered there prices now, even though the difficulty just dropped 8 percent.

[TheHarbinger]

I actually raised mine, since the price was getting close to what I was getting at my backup pool anyway.  To hell with the normal priority shares if they are the same as my back up.  Might as well just go for the high priority shares and get paid more than all the asshats who drove the price so low to begin with.   

[wildemagic]

since i joined i have gotten around 140% pps rates (including non leased work)

the last couple of days have been great and i have been getting a solid 0.00004 pps

Last 10 rounds on ozcoin with DGM avg = 0.000089726 per share.

Sometimes luck pays more.  One round my shares were worth 0.00218283, lowest ive gone was around 0.00000776, but that was a rare 9hr round.

kind regards

[dropt]

since i joined i have gotten around 140% pps rates (including non leased work)

the last couple of days have been great and i have been getting a solid 0.00004 pps

Last 10 rounds on ozcoin with DGM avg = 0.000089726 per share.

Sometimes luck pays more.  One round my shares were worth 0.00218283, lowest ive gone was around 0.00000776, but that was a rare 9hr round.

kind regards

ve
What were the actual payouts on those blocks though?  Blocks found in rapid succession under DGM yield decreasing block payouts.  IIRC the worst DGM block payout I've seen was 36 BTC.

[Clipse]

Yeh, DGM doesnt pay the whole block everytime ie. prop method, so those PPS rewards estimates are indicative on the block luck and not the block payout.

[wildemagic]

What were the actual payouts on those blocks though?  Blocks found in rapid succession under DGM yield decreasing block payouts.  IIRC the worst DGM block payout I've seen was 36 BTC.

That was indicative of the payout.  Just some lucky rounds in there.  And for that 10 round period, that was my average payout per share, ie : total payout / shares / rounds.

Block payout history here : http://ozco.in/content/block-history-bitcoin

There was a 32btc block that took <20 mins.

kind regards

[Clipse]

since i joined i have gotten around 140% pps rates (including non leased work)

the last couple of days have been great and i have been getting a solid 0.00004 pps

Last 10 rounds on ozcoin with DGM avg = 0.000089726 per share.

Sometimes luck pays more.  One round my shares were worth 0.00218283, lowest ive gone was around 0.00000776, but that was a rare 9hr round.

kind regards

ve
What were the actual payouts on those blocks though?  Blocks found in rapid succession under DGM yield decreasing block payouts.  IIRC the worst DGM block payout I've seen was 36 BTC.

Not sure how coinotron setup their DGM parameters but they did a 8.3320 BTC block payout