Quote from: lowerjerzey on March 01, 2014, 05:31:36 AM

Quote from: fxkevin on February 28, 2014, 10:12:05 PM

That is incorrect.

If the overall rate grows you are still compensated the same.

Easy example;

Day 1 - your the only miner in the pool with 1TH, you earn say 0.3 BTC per day and you own 100% of the hash rate.

Day 2 - now there are 4TH total, meaning you own 25% of the overall hash rate, BUT your 1TH still makes you the same 0.3 BTC per day

The only way this changes is when difficult jumps, as you would then earn less per day...

Cheers,

What you said is true, your daily payout should stay the same. But, I'm talking about the estimate of how much I'm gonna get paid from the current block. That would decrease significantly if a lot of horsepower shows up. But, the pool would knock out blocks faster. My pay per block decreases but the frequency increases. Balances out.

That chunk of time in my graph when I wasn't mining eligius was because I jumped over to Benjamins, grabbed a crapload of them, then jumped back here when the difficulty doubled. On the Benjamin pool that I was mining, I was 40% of the hashrate. My estimate was ~40 Bennys per block and I got paid ~40 Bennys. Then another guy joined the pool with 1Th/s. My estimate was ~20, his was ~20 and we started knocking out blocks faster splitting my previous 40 payout. Balanced. Now, if a Benjamin could only reach $100 (it should, right, that's what a Benjamin is Wink

), I made a lot of money in that 24 hours. I can dream.

Anyways, I'm still perplexed why my estimate dropped 75% from around ~.004 to ~.001 then slowly crept back up. A difficulty change shouldn't effect the estimate because it applies to everyone. Everybody's estimate would stay the same, it would just take longer to solve the blocks. Changes in the total hashrate should effect your estimate. If everyone quit the pool except for me, my estimate would be 25, but I'd never solve one. If the total rate doubled, my estimate would halve, but we'd be flying through blocks. If it's back pay that effected my estimate, wouldn't the estimate be higher than .004? current estimate + back pay. Checking my graph around the time of the estimate drop, my hashrate did go down but not that significantly. The 675 second line shows a dip starting at 23:15. I definitely lost connection because all my miners rates were going down, but it was for only a very short period because the lowest it reached was 883Gh/s. I've taken miners down for short periods, but it barely did anything to my estimate.

If I'm wrong about this stuff, please let me know.

AFAIK, your estimated earnings are calculated from the 3hr hashrate. If you've been offline for a while, that rate drops and takes 3 hours to creep back up again... that's why the projected earnings were so low and slowly increased as you were mining for longer.