Quote from: DebitMe on March 18, 2015, 04:01:31 AM

Quote from: chunkyjunkie on March 18, 2015, 01:31:22 AM

Quote from: DebitMe on March 17, 2015, 11:20:55 PM

Quote from: chunkyjunkie on March 17, 2015, 10:21:19 PM

Quote from: DebitMe on March 17, 2015, 10:14:59 PM

Something I am not able to find, how many watts are said to be used for each PACMiC in determining how long it stays on for?

From my understanding they are the equiv of an s5. I believe that is what I read.

Right, but we are not getting the same hashrate as an S5, so I am wondering if it is based off of 590 watts of power (.51 watts per GH/S), or scaled down to the amount of hash we actually get, which at .51 watts per GH/s, would be 510 watts.

I don't fully understand how it works so I turned it off.

Thinking about it this way......

Yes, the hashrate increased which you would think is good but your PACMIC expires when your unpaid balance reaches zero. So yes, your Hash rate increases which just pays you back faster and gets your unpaid balance to zero faster right? So thinking about it it didn't feel right to me.

For example 5 blocks found with auto rebuy turned on increased my unpaid balance by far less then it decreased my unpaid balance with it turned off for 5 blocks.

Like I said when it was turned on I increases my hashing obviously ( which means I get paid back more/decreases my unpaid balance faster ) Still there are so many factors it just wasn't obvious for me.

I need to think about it more...

Hey man, I will try to explain this to help you out, but I think the way it is working right now is correct. Forgive me if this gets really confusing.

Ok, first you buy 1 TH/s for 1 bitcoin and are supposed to get paid back 1 bitcoin. Cool, the contract takes 120 days, you get your 1 btc back, plus some profit, lets say that ends up being .1 btc to make it easy. So now you have 1.1 bitcoins and can buy another contract for 1 TH/s for 1 btc. No problem, nice and easy to follow, now lets add in the rebuy option.

I buy 1 TH/s for 1 bitcoin and am supposed to get paid back 1 bitcoin. After 120 days of reinvesting my profit, my contract now hashes at 1.5 TH/s and I am owed 1.1 btc (it would obviously be more due to compounding interest and all, but for the sake of explanation lets assume). If each block found were to add the total amount and the principal together, I would now be owed 2.1 btc, which obviously isn't right. Another way to think about it is...
I buy 1 TH/s for 1 bitcoin. The first block is solved and I am awarded 50,000 satoshi's, of which 10,000 is profit. I am paid and my contract is decreased by the 40,000 that goes towards principal, leaving my unpaid balance at .99960000, but I now have 50,000 satoshi's in my wallet. I now buy another contract for 50,000 satoshi's, which is supposed to pay me back 50,000 satoshi's plus profit. Adding that into my other contract, I now have a contract hashing at 1.00050000, but they only owe me 1.00010000.

I hope that helps, please let me know if there are any questions.