Hey all
I wanted to know why my payout is very low i even bought a 800Ths rig for mining . now i lost the some bits. can some explain the calculation .
Block Block UTC Miner Reward N Diff N Range Pool N Avg Your % Your N Diff Your N Avg Your BTC
467976 24/May 23:43 15.12386617 3.001T 51hr 13m 9s 69.90PHs 0.07% 2.251G 52.42THs 0.01134201
This is my log .from payments .And rental rig was running for 3-4 hrs . I am new to this pool just want understand the calculation.
You get decreasing rewards in the blocks found for 5ND (currently about 2 days) after you stop mining.
However, since you are short term mining, you are going to be extremely affected by the pool luck.
e.g. if you look at the Pool->Luck graph you will see that luck goes up and down - which is what all bitcoin block finding does.
Here, if you mine for a short while during a low luck period you will get paid badly.
If you mine for a short while during a high luck period, you will get paid well.
Basically short term mining is gambling on the luck.
It can go up, down, or even be in the middle, but short term mining has much higher variance, i.e. is greatly affected by pool luck.
Thanks for the reply Kano . I was just testing i am having one s9 i have put on the pool . Hope i will make a the bits back . I will be expanding soon once i get my other s9 delivered .