Re: IS GHASH.IO Cheating Miners? Paying LESS THAN 50% of expected?
All I can see from your stats is you have a very unstable miner with huge variance in it's hashing power so something is up with it or your connection with Ghash that is specific to you (hence no one else jumping in with same story). My miners hashing stable over the same period reported by my miners and GHash stats.
Your cloud mining stats, you have picked a small window of 10 hours during which period the block-find times were very very long , 4 hours (x1). 2 hours (x3), 1 hour (x2), less than hour (x3). Even though you highlight 3 blocks where your cost was higher than reward (the long blocks) if you tally all the blocks shown and total reward V's cost you actually still made money in that very bad luck period. Perhaps my math is wrong I just quickly looked and added up what was shown on the screen in a spreadsheet profit 0.00009. Not much admittedly.
It is known fact that the CEX.IO cost for cloud impacts higher on longer blocks sometimes into negative. As difficulty increases that gets a bigger issue. The offset is the high number of block-finds the pool gets of smaller time-frame to balance out the longer ones over time.
So you made some money cloud-mining in a 10 hour period of the worst luck probably ever seen, and 2 blocks that didn't get paid due to an issue at GHash were investigated and have now been paid too. Hopefully your miner is stable and happily hashing again.
Your cloud mining stats, you have picked a small window of 10 hours during which period the block-find times were very very long , 4 hours (x1). 2 hours (x3), 1 hour (x2), less than hour (x3). Even though you highlight 3 blocks where your cost was higher than reward (the long blocks) if you tally all the blocks shown and total reward V's cost you actually still made money in that very bad luck period. Perhaps my math is wrong I just quickly looked and added up what was shown on the screen in a spreadsheet profit 0.00009. Not much admittedly.
It is known fact that the CEX.IO cost for cloud impacts higher on longer blocks sometimes into negative. As difficulty increases that gets a bigger issue. The offset is the high number of block-finds the pool gets of smaller time-frame to balance out the longer ones over time.
So you made some money cloud-mining in a 10 hour period of the worst luck probably ever seen, and 2 blocks that didn't get paid due to an issue at GHash were investigated and have now been paid too. Hopefully your miner is stable and happily hashing again.
I am not sure what makes you think my miner is unstable the picture clearly gives a <5s> average of 1020 and a overall (which would have been a 4 hour average) of 1022. As I had followed their instructions and found out NO it was not my connection or my miner as the other pools I used to test its hash on were matching within the +-10% average it should. I had only 5120 rejects and 21 hardware errors in 3.2 million processed shares, Nothing unstable about that figure is there?
SO it was not my connection or hardware. As you can see in the picture the rate my miner stats have are well under 50% of what Ghash was reporting at the time of that screenshot. it was at only 10% of the work he provided the day before for over 6 hours and a lot more blocks. Even their 1 Hour average is 25% less than what it should be. AND as we all found out it was Ghash.io servers/reporting code not our equipment, as even their script servers were having major issues, it got so bad all external connections were broken leaving only 13Phash for a little while. So this was not an error on my end.
That small window of blocks about the cloud fees was not actually pulled to complain about the payouts, it was pulled to show we were not paid for the blocks that were missing, which as you mentioned have now been paid. But then as I re-read the post I looked closer at the section I had posted, and saw the problems and edited to point the losses out. The bottom line here is it really doesnt matter what you feel the overall situation is you should never lose money on hash you paid a pool for due to maintenance fees, you say their costs go up, how do you think I feel about the 1028 Ghash I was feeding them for 6 hours and only got paid for 10% of that? how am I supposed to feel? Is the electric company going to give me a 90% discount for those 6 hours because Ghash had server or coding or software reporting problems, No, but as you see they gladly took thier fees from the cloud I used to own didnt they?
My miner is stable and happily mining another pool that has reported 1020 to 1058 of hasing power for the past 32 hours actually, Now low payments or exccuses. Thank you very much. I sold their cloud back to them as it is not profitable.
Bottom line Ghash is making themselves rich from its members, fees on withdraws, fees on buying, fees on selling, fees on cloud for maintenance, fees for farting and burping, fees fees fees, low payouts, and hiding blocks for as long as they can, paying its hardware miners only 50%of their reward. Its just not right and people need informed.
Oh and you must work for Ghash because your math is 50% off in ghash favor
But here are the hardcore facts in the balance statements of each line
0.00026826 <---------ENDING BALANCE
0.00031822
0.00029059
0.00030135
0.00027158
0.00027365
0.00024244
0.00028616
0.00025517
0.00028702
0.00024341
0.00026737
0.00022149
0.00024004
0.00019416
0.00024671
0.00020549
0.00021815 <--------STARTING BALANCE
So
0.00026826
-0.00021815
-------------
0.00005011
far cry from the 0.00009000 you show in your math. WHICH is actually mathematically correct,however my account was not paid the 0.00009000 Satoshi that the rewards minus the costs show, it was credited only about what? that right folks again the I was credited close to only 50% what it should have been. Another 50% payout average this thread was started about. So thank you employee of Ghash thank you for allowing us to point out yet another way Ghash seems to be taking another 50%