Post
Topic
Board Pools (Altcoins)
Re: [ANN][LTC][Pool][PPLNS] WeMineLTC.com | 0% FEES! | Stratum | DDoS Protection |!!
by
WeTradeCoins
on 24/04/2013, 15:03:13 UTC
Its simple. Because on those short blocks, the block was solved before you submit even one share. Check the amount of shares they were submitted, its less than 300 shares.  1641  people were mining at that time, the block was solved before everyone submitted their shares!
ok, this may be the reason
however this pool should be PPLNS and I understand PPLNS means that when block is found you will look at last N (don't know the exact number) shares and distribute payouts among miners contributed to them proportionally to their contribution.
So also during short round like 10000 shares if N is e.g. 500000 you should recieve your payout even if you didn't have shares in this last 10000
(http://ltc.kattare.com/about.php)
Therefore this means that this pool is rather RBPPS based???

I heard the pool has been RBPPS for the last couple weeks or so.

From https://www.wemineltc.com/gettingstarted , down bottom :

Our Pool uses RBPPS or Round Based Pay Per Share. What this means is simple, you get paid for the amount of work you did to find the block!


EDIT i just noticed it wasnt changed on forum topic, i changed it just now Smiley