Hi,
I have been mining with 3 x 7950 the last 23 hours @ 1.785 MH/s... But I am not even into 300 coins wtf... Is there something wrong with the pool? The estimate depending on difficulty which went upto 9 last night was between 600 coins down to difficulty 2.5 around 1300 coins... That is half of what I was expecting. Is there something wrong because I am considering mining in another pool as the estimate is wildly exaggerated.
I have been mining with 3 x 7950 the last 23 hours @ 1.785 MH/s... But I am not even into 300 coins wtf... Is there something wrong with the pool? The estimate depending on difficulty which went upto 9 last night was between 600 coins down to difficulty 2.5 around 1300 coins... That is half of what I was expecting. Is there something wrong because I am considering mining in another pool as the estimate is wildly exaggerated.
Hello,
If you check your transactions, you can see, you got 2-3 SXC when you began mining. The hashrate of the pool was way lower than today. After restarting the pool yesterday, hashrate went up crazy. So you got less coins because of the higher pool hashrate.
First credit: 2.27051573 @ 2013-12-10 21:24:04
Two hours later: 0.74875208 @ 2013-12-11 00:12:05
One hour ago: 0.27901786 @ 2013-12-11 21:55:03
This is how it works. When pool gets more hashrate, every miner gets fewer coins (if your hashrate remains the same).
edit: dont depend on statistics
So does that mean the more miners in the pool, the less accurate the calculator ? Does that mean that I should be mining in a pool with less hash rate - what are the advantages/ disadvantages ?
The calculator shows only your estimated revenue per day under the current circumstances. This depends on the difficulty, your current hashrate, the time since last block found on the pool. Stats are refreshed every few mins and are not 100% sure. The pool was down for a while today when upgraded the server.
When you are mining on a crowded pool, you will get stable income. More hashrate means more blocks in the long-term, so you get your coins after every hash. However, your revenue could be less, because you are a "small" miner on a pool, which has huge hashrate.
If you are mining on a pool with lower hashrate, you will get more coins when pool finds a block (really depends on luck), because the reward is split between fewer miners. But the overall hashpower matters a lot, so the chance to find a block is lower if you have less hashing power.
Ten miners: every miner get block reward / 10 coins.
Two miners: every miner get block reward / 2 coins.
You can try to mine on a smaller pool, its up to you. But in the long term a bigger pool is more profitable.
Feel free to correct me if Im wrong.
