Post
Topic
Board Pools
Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread)
by
ronin4bits
on 07/05/2014, 06:04:04 UTC
Hope you reconsider your stance to remove your donation - your previous arguments were compelling.  Wink

I didn't change my donations after all... still 1%. I still wish those monsters in the front of the queue would donate, but I'm sure that's hopeless. As compelling as I've tried to be for keeping it on the honor system, those whales are making me seriously want to rethink that. Greed always wins, apparently. I'm sure 1% of their cut might help WK happier to deal with the pool's headaches(?).

I asked this same question a while back, this is the reply that explained it, https://bitcointalk.org/index.php?topic=441465.msg6041630#msg6041630

This helped me, as I forgot about the the back-and-forth that took place back then. Thanks for bumping it, AbiTxGroup.

In setting your payout threshold, you have to weigh the benefits of making it long or short, relative to your hashrate.  If you set it to be paid more frequently, your payouts will be very inconsistent as there will constantly be people jumping the queue ahead of you as they hit their thresholds.  It can be quite discouraging to be close to the front of the payout queue, and then for some whale to hit their threshold and their payments will be 150BTC or something, consuming the next 6 blocks and putting you 6 blocks further back in the queue.  On the other hand, if your threshold is set high, so that you are paid out (say) once a week, you will generally be at or near the very front of the queue every time you hit your threshold.  It seems that the typical choice is to set it to pay out approximately once every day, or 24 hours. 

^^ This was the most relevant part. I never thought about this because I haven't customized my payouts--I come up whenever I hit the default amount. I'm going to tune this a little so see if it'll help my anxiety.