Post
Topic
Board Mining (Altcoins)
Re: [Awesome Miner]- Powerful Windows GUI to manage and monitor up to 5000 miners
by
puwaha
on 09/04/2018, 05:26:45 UTC
There are often not many miners on lyra2v2 so the time to find blocks can be higher than with other algos on the pool.

At the time of posting the TTF of Verge on lyra2v2 is 6 hours so it would make sense that you took part in just one block round if you were only mining for an hour.

As a reminder, the TTF is just an estimate - the actual time of block round times may vary considerably with luck (or lack of it).

Cheers!

You are telling me that while Awesome Miner is displaying Lyra2v2 on hash refinery as the most profitable, there can still be not many miners on that algo (currently over 1000).... And that it can take around 6 hours before I see my earnings displayed on your site?

The number of miners on an algo does not directly drive profitability, although it does have an effect on time to find blocks.

For example, having a 1% share in 10 blocks for a given coin will give you the same earnings as a 0.1% share in 100 blocks of that coin.


I am less concerned about profitability in this case and more concerned with how long it takes for what I mine to show up on your site.

For any other pool I use, it does not take hours for me to see 1 single earning when I mine lyra2v2.

There are a couple of things here that I see.  On a pool your hashrate contributes to the overall hashrate of the pool.  When the pool hits a block, you will earn a percentage of the block proportional to your contributing hashrate.  But I'm sure you already knew that.

Now, the question seems to be what happens when the pool is not hitting blocks?  If the pool's overall hashrate is low, then it will take some time to hit a block.  When it does, you will earn a bigger portion of the block than you would at a more popular pool.  Mathematically, it all evens out over time.  In the case of yiimp style pools, they only show the actual blocks in the "last 50" that the pool hit.  If the pool has gone 6 hours without hitting a block, then you'll only see that one block in the list.

It can be somewhat discouraging to some miners to mine on smaller pools because they think that they aren't earning as much.  As long as the pool is hitting some blocks every now and then, you will still earn about the same as bigger pools, it just comes more slowly.