Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
comeonalready
on 02/04/2014, 02:33:38 UTC
Yes, miners got a bit of a boost with credit on shares that should have been rejected, but that wasn't very fair to the pool or pw.
I disagree - I think the old system was quite fair.

phzi, we all know the real reason you think the old system was more preferable.  It was because you purposefully overtuned your miners to submit as many shares as possible, regardless of whether they were valid, in order to claim more shares for yourself.  You have already brazenly admitted to gaming the old more lenient system and essentially cheating fellow miners out of some of their rightful profits.

From <1% rejected consistently to >10% rejected so far.

I am testing different configs on 2 rigs now to see if I can get the rejects down - hard to sample over a short period of time.  I do know that I hated this block reject scheme on clevermining, however.  I liked the reject scheme on waffle before. But, I will admit I am very interested to see what kind of reject rate sfire would have under this new scheme - it might made a big different on profits depending on how badly people were abusing this.

Can we get some reject % data, and maybe ourselves vs pool (along with shift info maybe)?

So that would mean you were one of the miners who were taking up to 10% more of your fair share of profits from the pool, however unknowingly.  For the others who had their equipment tuned correctly for mining almost anywhere else than wafflepool, they were receiving up to 10% less of profits directly due to their efforts, depending upon the ratio of efficient to inefficient miners in the pool.  The actual percentages depend upon whether wafflepool was actually a pool of fools, and only poolwaffle knows that as he is the only one with access to the relevant statistics.

So that would mean you were one of the miners who were taking up to 10% more of your fair share of profits from the pool, however unknowingly.
Oh, I knew what I was doing by cranking my miners the way I did - but as I said, I have discovered many blocks for WafflePool, and a rare few were orphans.

For the others who had their equipment tuned correctly for mining almost anywhere else than wafflepool, they were receiving up to 10% less of profits directly due to their efforts, depending upon the ratio of efficient to inefficient miners in the pool.  The actual percentages depend upon whether wafflepool was actually a pool of fools, and only poolwaffle knows that as he is the only one with access to the relevant statistics.
Ya... I still think that was one of the best parts about wafflepool - haha.


Clearly the new system is much fairer to the more ethical members of the pool, as payouts are distributed according to how may valid shares are submitted to the pool.
 

https://bitcointalk.org/index.php?topic=433634.msg5777112#msg5777112
https://bitcointalk.org/index.php?topic=433634.msg5775015#msg5775015
https://bitcointalk.org/index.php?topic=433634.msg5777737#msg5777737