Post
Topic
Re: [ANN] Ravencoin [RVN] PoW GPU Mining | Asset Transfer Blockchain (Updated ANN)
by
3rdGen
on 11/07/2018, 05:57:22 UTC
Question regarding Virtopia, I've been mining there with a 6 x 1060 rig, getting an average of 80 raven p/day with hash rates on the site on average 20 Mhps.

Has anyone got stats then can enlighten me with, or is Virtopia not paying correctly? Superminer is outputting on average 40 Mhps.

Its to low..  i think 150-180 with 6x1060.
So you are earning 1 $ a day with 6 gpu.. lol thats crazy. Electricity is more than 1$ a day ,so you are losing money every day?

It is normal for virtopia and other small pools. One day you hit 80 ravens the other day 200. This is a problem of smaller pools. When they don't hit a block, you'll not get paid. When a block is hit, you get paid after a block confirmation. When virtopia hits a difficult block, there is a longer period until you get paid, when it hits less difficult block, payments are more often.

I will try to calculate it for you, but those numbers are only rough estimates. Let's say the actual total hashrate on network is 1,200Th/s. Difficulty is adjusted so, that a block should be hit every minute. Meaning that all the pools get their share of blocks from the network according to their hashpower.  Let's say virtopia has hashrate 6.5 GH/s (last time i checked yesterday). 1200 / 6.5 ~ 185 So a block should be hit every 185 minutes on virtopia. When you get a block with difficulty 200% you have to multiply this number by 2 * 185 = 370 minutes and so on. If you hit a block with difficulty of 500% you won't get paid for almost 16 hours. However if you hit easy blocks with difficulty less then 100% you will get paid more then what you should be paid on average. Your hashrate is 20 MH/s, from the pools hashrate 6.5MH/s it is 1/325.  Virtopias pool fee is 1% So when a block is hit, 4950 ravens are distributed to the miners. With your hashrate of 20MH/s you should get 4950/325 = 15.23 Ravens per block, so only about 5 blocks have been hit during the last 24 hours that takes it to the 80 mentioned ravens per day. Those calculations might be a bit off, but you should be able to calculate the average from actual hashrate on network, pool and your rig.


Thanks for the in depth reply mate, yeah this is why I let it run for a few weeks. They have the loyalty reward system, which I was allowing to kick in also. But this seems to be ridiculous never was the pool paying out more then 100 raven a day, I've now switched to Minepool to give them a run and already they are paying out 200 raven a day, nothing changed except the pool.

Minepools average hash rate is matching my miners hash rate and my miner has consistent shares with only .05% rejected. It would seem to me that Virtopia either is being dodgy or the miner and Virtopia are not communicating correctly.