Post
Topic
Board Pools
Re: Multipool - the pool mining pool
by
TeaRex
on 22/06/2011, 14:14:54 UTC
Well thx for trying to explain - but  Huh

The reason for my  Huh is that I'd thought that is what "Efficiency" already represents. Eg: atm if you solo 877000 shares/blocks, or do the same at a proportional pool at "luck" multiplier = 1.0, you expect 50 coins. You can check for yourself that efficiency is calculated as (received coins/expected coins), which means it would also be (utilised shares/accepted shares). But efficiency!=utility/shares - again, you can check this with a few of your own.

I prolly have this the wrong way around, and it'd be handy for stats purposes if it relates to eg. the total shares in that block. Then (I hope to) relate results to Raulo's original paper on hopping and not just calculate hopping efficiency but predict best hopping algos for each pool.

Cheers for the help!

As I see it, utility is related to what the multipool algorithm expects the shares to be worth ahead of time, while efficiency is related to what their real worth turns out to be after the fact, once multipool knows how many coins it will actually collect for them. Confusingly the two are not expressed in the same way, one is expected total worth, while the other is real worth per share (both in relation to the average worth of one share at the current difficulty).

That's what I suggested should be changed, so that you'd have "expected worth per share" and "real worth per share" instead, allowing for a direct comparison. If the algorithm is correct, these numbers should more or less converge over time.