Payouts from Ghash.io less than predicted?

[kodiak1120]

I have three Antminer S3s hashing away at ghash.io.  They have consistently been preforming at about 1.35 Th/s.  My payout at that hashrate should be about 0.01714295 btc per day according to:

https://alloscomp.com/bitcoin/calculator

My actual payments are much less though.  According to blockchain.info, I had a payout of 0.01094646 at 13:50:56 on 2014-11-04.  Then, a little more than 24 hours later at 14:08:48 on 2014-11-05, I had another payout of 0.01363418.  That's substantially less than what I should be earning, correct? 

Any idea what's going on?  My other payouts over the past few days are consistent with this, but at the old difficulty level.

Thanks.     

[1714955168]

1714955168

[1714955168]

1714955168

[1714955168]

1714955168

[padrino]

The pool itself will vary based on luck, over time you should average the estimate but depending on luck it may skew one way or the other.. If Ghash.io has an option to display the variance that may have the answer you need..

[kodiak1120]

Yeah, I get that but it seems to be a lot of variance for such a large pool.  I tried to find something about variance on the website, but I don't think they list it. 

[spazzdla]

Yeah, I get that but it seems to be a lot of variance for such a large pool.  I tried to find something about variance on the website, but I don't think they list it. 

Even at that size they could go dry for a bit or get super lucky...

On slushes some days I have 20% luck :S... some I have 300% luck.

[mavericklm]

ghash is crap! u have a tax , u merge mine nmc and other bullshitscoins...
today i got .019 on eligius with same hash rate as u

[kodiak1120]

Is that true about merged mining?  I thought mining other coins didn't affect the amount of btc you mine?

[goozman96]

Is that true about merged mining?  I thought mining other coins didn't affect the amount of btc you mine?

It doesn't. Like others said, it's probably luck. How long have you been mining for? It should even out in the long run.

[Sythyn]

Is that true about merged mining?  I thought mining other coins didn't affect the amount of btc you mine?

It doesn't. Like others said, it's probably luck. How long have you been mining for? It should even out in the long run.

Over the long run merged mining should allow for someone to have a slightly increased EV over solo mining (if on a large enough scale)

[gumnaam]

Ghash.IO one of the best pool but after hearing that they paying very less quite shocking
Here is my experience
 Bought 10ghs on genesis mining and get a payout of 10000satoshi after a day whereas got 10000satoshi on ghash.IO after 3  day
What do you think? ?

[SpanishSoldier]

Ghash.IO one of the best pool but after hearing that they paying very less quite shocking
Here is my experience
 Bought 10ghs on genesis mining and get a payout of 10000satoshi after a day whereas got 10000satoshi on ghash.IO after 3  day
What do you think? ?

Even 10000satoshi after a day against 10GHs is too low in my opinion. Below is what has been reported about cloudmining.website...

Sent these guys 0.01 BTC for 10 GHS.

-snip-

http://www.cloudmining.website/

-snip-

Latest Payout  0.00013975 BTC
Latest Payout Date  2014-11-04 00:00:01
Total Referral Earning  0 BTC
Pending Payment  0.00013975 BTC
Paid  0 BTC

[Snipe85]

First I read about low cloud mining payouts and now pools. The future is not looking bright for ROI hunters

[cyberpinoy]

First I read about low cloud mining payouts and now pools. The future is not looking bright for ROI hunters

No just stay away from Ghash.io they are the biggest unethical pool I have ev r seen. i have compared their cloud to a lot of other cloud pools I compared my end result BTC from my machines witrh a lot more mining pools. In the end at the end of the day Ghash.io makes more in profit from its pool members. they flood you with numbers and statistics to make you feel like you reall are earning, its not until you go out and look around that you really se how unethical this mining pool really is.

Even now I have a 3 month ROI on the machines I buy. I have a system I put together and I work my machines to do this, but it can be done even with BTC prices at their medium levels. Its not easy and some days are way better than others, but it still can be done Just know GHASH.io is not one of the pools I use to do this as their profit taking is larger than their pool members can ever get. if you mine with Ghash.io your ROI will be 8 months on machines you own, and 16 months or more on your cloud there. Most of the other top 10 pools uder them (discuss fish being one) will get you and ROI in about 6 to 7 months, and if you do what I do with your machines you will get 3 to 4 months ROI. Its all about what you do when you do it and how you do it.

[bitnanigans]

Their fees for cloud mining are on the high side.

[cyberpinoy]

Their fees for cloud mining are on the high side.

this is simple the reason is because 50% or more of the blocks you earn in a day you are actually loosing BTC. they charge you maintenance fees on every share the cloud submits but they only pay you reward on N number of shares from their PPLNS pool setup. So you will get a reward for a 1 hour to 3 hour block but the fees are higher than the reward resulting in you loosing BTC on 50% or more of the blocks mined in a day. they roughly solve 29 blocks a day here is an example of the payouts for 1 day resulting in an overall loss of BTC for the day. the below calculations are based on only 2 GHS of thier cloud imagine if you had more.

The thing they also do is if you have machines pointed at the pool and you own cloud there you will have to look very closely to see these losses. If you want to find out, take your machines off the pool and point them somewhere else and just let the cloud you own run by itself. Then you can see by owning cloud and pointing machines there it is costing you BTC thast your machines are paying for in the end. when  the reporst show you your earnings it combines your cloud reward with your machines reward so you wont see the reward on your cloud was lower than the fees involved in the cloud.

Dont take my word for it, point all your machines to a different pool for 5 days, then go check you reward stats on Ghash.io. I bet you will see a lot of this

2014-11-08 05:46:26   -0.00000207 BTC   0.00002494    MAINTENANCE   -   Shares 4096 , Cost: -0.00000207
2014-11-08 05:46:26    0.00000102 BTC   0.00002701    MINING   -   Block #329005, Reward: 0.00000102
LOSS OF 0.00000105

2014-11-08 03:19:20   -0.00000259 BTC   0.00002549    MAINTENANCE   -   Shares 5120 , Cost: -0.00000259
2014-11-08 03:19:20    0.00000102 BTC   0.00002808    MINING   -   Block #328991, Reward: 0.00000102
LOSS OF 0.00000157

2014-11-08 00:02:09   -0.00000181 BTC   0.00002682    MAINTENANCE   -   Shares 3584 , Cost: -0.00000181
2014-11-08 00:02:09    0.00000102 BTC   0.00002863    MINING   -   Block #328974, Reward: 0.00000102
LOSS OF 0.00000079

2014-11-07 21:51:55   -0.00000130 BTC   0.00002710    MAINTENANCE   -   Shares 2560 , Cost: -0.00000130
2014-11-07 21:51:55    0.00000102 BTC   0.00002840    MINING   -   Block #328965, Reward: 0.00000102
LOSS OF 0.00000028

2014-11-07 20:25:40   -0.00000104 BTC   0.00002738    MAINTENANCE   -   Shares 2048 , Cost: -0.00000104
2014-11-07 20:25:40    0.00000102 BTC   0.00002842    MINING   -   Block #328957, Reward: 0.00000102
LOSS OF 0.00000002

2014-11-07 19:30:42   -0.00000156 BTC   0.00002740    MAINTENANCE   -   Shares 3072 , Cost: -0.00000156
2014-11-07 19:30:42    0.00000102 BTC   0.00002896    MINING   -   Block #328953, Reward: 0.00000102
LOSS OF 0.00000054

2014-11-07 17:34:39   -0.00000105 BTC   0.00002744    MAINTENANCE   -   Shares 2048 , Cost: -0.00000105
2014-11-07 17:34:39    0.00000102 BTC   0.00002849    MINING   -   Block #328944, Reward: 0.00000102
LOSS OF 0.00000003

2014-11-07 15:02:34   -0.00000158 BTC   0.00002604    MAINTENANCE   -   Shares 3072 , Cost: -0.00000158
2014-11-07 15:02:34    0.00000102 BTC   0.00002762    MINING   -   Block #328926, Reward: 0.00000102
LOSS OF 0.00000056

2014-11-07 10:55:11   -0.00000136 BTC   0.00002463    MAINTENANCE   -   Shares 2560 , Cost: -0.00000136
2014-11-07 10:55:11    0.00000102 BTC   0.00002599    MINING   -   Block #328894, Reward: 0.00000102
LOSS OF 0.00000034

2014-11-07 07:43:29   -0.00000105 BTC   0.00002202    MAINTENANCE   -   Shares 2048 , Cost: -0.00000105
2014-11-07 07:43:29    0.00000102 BTC   0.00002307    MINING   -   Block #328869, Reward: 0.00000102
LOSS OF 0.00000003

2014-11-07 06:41:20   -0.00000298 BTC   0.00002205    MAINTENANCE   -   Shares 5632 , Cost: -0.00000298
2014-11-07 06:41:20    0.00000102 BTC   0.00002503    MINING   -   Block #328867, Reward: 0.00000102
LOSS OF 0.00000196

2014-11-07 04:01:07   -0.00000210 BTC   0.00002401    MAINTENANCE   -   Shares 4096 , Cost: -0.00000210
2014-11-07 04:01:07    0.00000102 BTC   0.00002611    MINING   -   Block #328849, Reward: 0.00000102
LOSS OF 0.00000108

2014-11-07 00:17:47   -0.00000132 BTC   0.00002105    MAINTENANCE   -   Shares 2560 , Cost: -0.00000132
2014-11-07 00:17:47    0.00000119 BTC   0.00002237    MINING   -   Block #328827, Reward: 0.00000119
LOSS OF 0.00000013

2014-11-06 23:12:02   -0.00000420 BTC   0.00002118    MAINTENANCE   -   Shares 8192 , Cost: -0.00000420
2014-11-06 23:12:02    0.00000103 BTC   0.00002538    MINING   -   Block #328819, Reward: 0.00000103
LOSS OF 0.00000317

2014-11-06 19:04:58   -0.00000132 BTC   0.00002435    MAINTENANCE   -   Shares 2560 , Cost: -0.00000132
2014-11-06 19:04:58    0.00000102 BTC   0.00002567    MINING   -   Block #328798, Reward: 0.00000102
LOSS OF 0.00000030


Based on these calculations a member with 1600 GHS on Cex.io cloud will actually LOSE 0.00947792 on his cloud mining for the day.

[jdany]

ghash is the most expensive 0% pool in the BTC universe

[superspider99]

Nice topic Thanks

[letyouearn]

Bro, ghash.io is a crap website to mine bitcoin. I have also used it and now i have stop to invest on it.

[SpanishSoldier]

I have three Antminer S3s hashing away at ghash.io.  They have consistently been preforming at about 1.35 Th/s.  My payout at that hashrate should be about 0.01714295 btc per day according to:

https://alloscomp.com/bitcoin/calculator

My actual payments are much less though.  According to blockchain.info, I had a payout of 0.01094646 at 13:50:56 on 2014-11-04.  Then, a little more than 24 hours later at 14:08:48 on 2014-11-05, I had another payout of 0.01363418.  That's substantially less than what I should be earning, correct? 

Any idea what's going on?  My other payouts over the past few days are consistent with this, but at the old difficulty level.

Thanks.     

Are u getting these payouts for 1.35 Ths @ GHash ?

[dmasys]

First I read about low cloud mining payouts and now pools. The future is not looking bright for ROI hunters

No just stay away from Ghash.io they are the biggest unethical pool I have ev r seen. i have compared their cloud to a lot of other cloud pools I compared my end result BTC from my machines witrh a lot more mining pools. In the end at the end of the day Ghash.io makes more in profit from its pool members. they flood you with numbers and statistics to make you feel like you reall are earning, its not until you go out and look around that you really se how unethical this mining pool really is.

Even now I have a 3 month ROI on the machines I buy. I have a system I put together and I work my machines to do this, but it can be done even with BTC prices at their medium levels. Its not easy and some days are way better than others, but it still can be done Just know GHASH.io is not one of the pools I use to do this as their profit taking is larger than their pool members can ever get. if you mine with Ghash.io your ROI will be 8 months on machines you own, and 16 months or more on your cloud there. Most of the other top 10 pools uder them (discuss fish being one) will get you and ROI in about 6 to 7 months, and if you do what I do with your machines you will get 3 to 4 months ROI. Its all about what you do when you do it and how you do it.

whats the way you do ?
i´m on ghash since 4 month with about 25 th/s in different hardware miners... especialy the last 7 - 10 day´s you can see a lot of "bad luck" ... 3h, 3h, 21min, 1h, 7min, 1h, 1h, 1h, a few sec., 3h etc...
the badest day i got yesterday! i make 0,19 btc in 24 hours there... that p... me of...

[cyberpinoy]

whats the way you do ?
i´m on ghash since 4 month with about 25 th/s in different hardware miners... especialy the last 7 - 10 day´s you can see a lot of "bad luck" ... 3h, 3h, 21min, 1h, 7min, 1h, 1h, 1h, a few sec., 3h etc...
the badest day i got yesterday! i make 0,19 btc in 24 hours there... that p... me of...

WOW Ok first let me say you need to look around, 25THS should get you no less than 0.36 day EVER!!! no matter what the luck is and should be able to even go up to at least 0.432 on good lucky days

Now you see why this next statment is so true

ghash is the most expensive 0% pool in the BTC universe

No one can put Ghash.io/CEX.io in a better perspective HAHA

Edit:

I had to add this I found this while tracking my transactions as usual, there wer a lot more again but this one really stuck out.

2014-11-13 22:22:47   -0.00002002 BTC   0.00005025    MAINTENANCE   -   Shares 42496 , Cost: -0.00002002
2014-11-13 22:22:47    0.00000564 BTC   0.00007027    MINING   -   Block #329828, Reward: 0.00000564

this was on 10GHS of cloud, a loss of 0.00001438 WOW haha

so now lets see what if we had
100 GHS of cloud it would be a loss of 0.00014380
500 GHS of cloud it would be a loss of 0.00071900
1000 GHS  would  result  in  a  loss of 0.00143800
2500 GHS  would  result  in  a  loss of 0.00359500

Trying to mine with anything more than 2500GHS is just stupid. HAHA