Re: [600Th] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 #
I have been mining exclusively on Eligius for a long time now, and recently helped my friend get his asic miner up and running. He has had a few payouts so far, and his most recent entry into the payout queue was about 6 hours ago. He was asking about the last 2 blocks which were cracked and subsequently transferred to the eligius offline wallet (18d3HV2bm94UyY4a9DrPfoZ17sXuiDQq2B). I pointed out to him that this is explained in the FAQ section of the website, to which he responded that it says that happens when the queue is empty surplus gets sent to the offline wallet for manual payout when the pool cannot keep up with generating blocks. I was at a loss to explain this to him why this took place on the last 2 blocks. Can anyone help me with some insight here? 
http://eligius.st/~wizkid057/newstats/blockinfo.php/0000000000000003717cb89e66259447fc57ec114c3d4e219020c978f7b28fd9
http://eligius.st/~wizkid057/newstats/blockinfo.php/000000000000000452884b897e93eac8ee0ae8fc232ef71f70d51b3f75c96cb2
https://blockchain.info/address/18d3HV2bm94UyY4a9DrPfoZ17sXuiDQq2B
http://eligius.st/~wizkid057/newstats/blockinfo.php/0000000000000003717cb89e66259447fc57ec114c3d4e219020c978f7b28fd9
http://eligius.st/~wizkid057/newstats/blockinfo.php/000000000000000452884b897e93eac8ee0ae8fc232ef71f70d51b3f75c96cb2
https://blockchain.info/address/18d3HV2bm94UyY4a9DrPfoZ17sXuiDQq2B
There are reasons why this happens normally, generally when a block is found quickly after a new network block is known.
However......
*facepalm* ... This time it was my fault. I have to disable automatic payouts for a few minutes in order to do a manual payout (to make sure that the automated payout system doesn't double up on payouts in case we find a block while I'm getting it together).... and I did a manual payout last night and somehow didn't re-enable auto-payouts (coinbaser) on all servers.
I had a thousand things going on yesterday so I must have just missed it.
As you can see from the stats, the payout queue just grows with these blocks that pay the cold wallet and wait for me to distribute them.Sorry about that folks, I'll do another manual to catch up as soon as I get home from work today. (~10 hours)
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Hi wizkid,
I am new to this pool and like the reward system. If I'm understanding correctly, it attempts to pay 100% PPS as luck allows, and when luck doesn't allow, it caches up shares so that they might be paid someday. I've been mining for a week or so and love the stats etc.
What I don't understand is how you get paid / cover your costs. Unless the pool was lucky for a long period, there doesn't seem to be anything in it for you. Even if the pool was lucky for a long period, how would you know that you could take profit vs storing it for the inevitable bad luck in the future.
Finally, is there anyway of me seeing how many shares I have in the backlog? Right now I am comparing the "maximum reward" to the "unpaid+everpaid+est" shown in the Balance Graph, but I wanted to see if that's the best way.
Thanks!
I am new to this pool and like the reward system. If I'm understanding correctly, it attempts to pay 100% PPS as luck allows, and when luck doesn't allow, it caches up shares so that they might be paid someday. I've been mining for a week or so and love the stats etc.
What I don't understand is how you get paid / cover your costs. Unless the pool was lucky for a long period, there doesn't seem to be anything in it for you. Even if the pool was lucky for a long period, how would you know that you could take profit vs storing it for the inevitable bad luck in the future.
Finally, is there anyway of me seeing how many shares I have in the backlog? Right now I am comparing the "maximum reward" to the "unpaid+everpaid+est" shown in the Balance Graph, but I wanted to see if that's the best way.
Thanks!
Eligius is donation/volunteer run. There is nothing ever taken from the block reward. Everything mined by the pool goes to miners. Even if the pool is lucky for a long period, after all of the existing backlog is paid, then it just gets buffered and paid to miners eventually.
The % shares rewarded is the best way to know what you have in the backlog. 100% means everything you've submitted is paid. We've tried other methods, but, displaying the tally of shelved shares as a number of coins just seemed to confuse people too much.
-wk