Coyote Miner | PPS Mining Pool

[NineLives]

Wait, so I just came back, and now the PPS is half of what it was, /and/ you are taking a 50% fee? That doesn't seem entirely fair.

+1

bytemaster?

[qwep]

please help run an error

[bytemaster]

i think you forgot to factor in orphan blocks

what do you mean!? is it answer on my previous question!?

There are several factors at play here... that affect the results.

1) I am paying a flat rate for hash power, I need to make sure I can turn that hash power into revenue so I can pay.
2) Stale (invalid) shares occur when I receive a share after I have received a new block and thus make the share invalid.
3) Orphan blocks are blocks that I thought I mined, so I paid as valid share, but in the end I didn't get to keep.

So, if 1 out of every 2-3 blocks is an orphan then there is a 33 to 50% loss on my part unless I adjust the PPS to compensate.    My goal is to offer the highest return for your mining power and to provide you with the most mining power.  Obviously, if you find a better deal some place else let me know and I will try to improve things on my side.

[testz]

@bytemaster Better if you stop payout and check your balance, when recalculate the shares, take your fee, and pay miners.
We don't want you to loose money and we don't want to loose our payouts ;-)

[cass]

i think you forgot to factor in orphan blocks

what do you mean!? is it answer on my previous question!?

[jbfru45]

valid: 44  invalid: 19  balance: 0.455091  paid: 1.19114  pps: 0.0192217  address: xxxxx  hpm: 12.655

over 40% invalid? is it normal!?

Mine is around 20% invalid:
valid: 347 invalid: 87

[gabainc]

there was 1 person who made a comment he was making 6x.. i hardly think anyone else is making that...

[goldbishop]

Wait, so I just came back, and now the PPS is half of what it was, /and/ you are taking a 50% fee? That doesn't seem entirely fair.

+1

+11

[flower1024]

i think you forgot to factor in orphan blocks

[cass]

valid: 44  invalid: 19  balance: 0.455091  paid: 1.19114  pps: 0.0192217  address: xxxxx  hpm: 12.655

over 40% invalid? is it normal!?

[cass]

Wait, so I just came back, and now the PPS is half of what it was, /and/ you are taking a 50% fee? That doesn't seem entirely fair.

+1

[Silfax]

Wait, so I just came back, and now the PPS is half of what it was, /and/ you are taking a 50% fee? That doesn't seem entirely fair.

[bytemaster]

@bytemaster: It's also will be a nice idea if you will reward the address which find block for 3-5-x% of block rewards, it's will reward miners luck and make miner which find block more happy. ;-)

I could only do that by increasing fees on everyone else...     

I am thinking that 10% may not be enough because I am still loosing ground somehow...   any objections if I reduce the reward to 50% until I gather more stats about actual earnings?   If it really is giving you 6x other pools then perhaps this is why :)

Either that or exceptionally bad luck.. haven't found any blocks in a while, yet I keep having to pay out :)

Ok, so there is a high orphan rate now that the hash power has increased so much.   I did not factor that into the PPS so I am adjusting the PPS to compensate.

[cass]

attempting to connect to the-iland.net
481390ms th_a       miner.cpp:108                 main                 ] 64.90.183.137:8384
481470ms th_a       miner.cpp:114                 main                 ] unspecified
Broken pipe
    {"message":"Broken pipe"}
    asio  asio.cpp:28 read_write_handler
Unable to connect

any suggestion about!? pls help me

Does it persist or just a one time event?

persists

[Alcor]

I receive about 50% more in this pool than the other, it's not 6 times more or even 100% more. Maybe you should consider paying out per block instead of per share? It's hard to stay solvent when doing PPS due to the high variance.