Please correct me if i understand this wrongly. I sold my miner about 2 weeks ago, and upon selling this was my outstanding eligius balance:
As of last block: 0.00040948 BTC 97.22%
Estimated Change: +0.00000000 BTC 0.00%
Estimated Total: 0.00040948 BTC 97.22%
If i'm not mistaken, shouldn't the share reward be paid to 100% over time even after i stop mining?
I remembered myself stopping once in the past, and the reward eventually crept up to 100% when more blocks are found.
Mine has been staying at 97.22% for a long time. May i know what's the reason behind it?
The remaining ~2.8% of share reward worth about 0.3BTC from the Max Reward chart but i'm not sure if i'm interpreting it correctly. (Difference between everpaid and max reward)
Thanks!
getting the rest of your shares paid off will depend on luck...and who knows how long that'll take
I see, thanks! Do you have any rough estimation of how much luck does the pool require for it to fulfill backlog rewards?
Depends on how far back they are in the backlog. If they're years old, possibly never. If they're a few days old, there's a really good chance. If you remember being up very high (98%+) recently, then you have a good chance of getting that high again.
97% is pretty good, really. I've been as low as 90.X% and as high as 98.X%. All from mining within the past 2 months. I'm currently in the 96% range.
You can't really compare payout percentage on a (modified) PPS pool like Eligius with fees on a PPLNS pool. With PPLNS, after some point (not terribly long), your old shares are simply discarded and forgotten..... even if the pool has fantastic luck, you will never be paid the discarded shares. Eligius is unique in keeping your old unpaid shares forever; but there are always new unpaid shares ahead of them in line. Eligius works backward from the present date in paying out these "shelved" shares.