Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS
by
Bizquick
on 10/09/2014, 18:46:14 UTC
Hi guys,
always supporting VRC
Just a quick question:
I am the one throwing 10 Gh/s into the x11 veripool.
I am a little worried, coz i hashed there for a month with my usual hasrate (130mh/s) on x11..and the payments were 20/25 coins each..every 4/5 hours.
Now i am hasing with 10gh/s ...and it pays me 80 coin per hour ( 400 coins in the same timeframe window of the comparison)
Something is wrong with the payments on the veripool, you can easily make some math...
My hashrate now is zillion  (800%+)times my usual hashrate..but the coins i receive are not so many...am i correct?
Hope someone find a reason for that..i feel...my hashing is a bit wasted tbh :/

It might be just the OBA. 

What is OBA?
A: VeriPool handles payouts differently than other pools. It may take up to 24 hours before you begin to receive payouts. The pool pays per block as opposed to on a fixed schedule. When you do start to receive payouts, they will likely be quite small at first; you will receive a fraction of what you've earned for each block while the remaining balance is put into the OBA (Optimized Buying Algorithm).  The OBA monitors the exchanges for trends and will hold all of the coins until it thinks it can get the best trades; this may be a few hours or even a day or two.  Once the OBA makes some trades, you will begin to receive larger payouts and they SHOULD remain much more consistent in size and periodicity after that.  It can take up to two or three days for payouts to "stabilize". During this period, as mentioned above, you'll be earning more coins than you're receiving. Don't worry, tho! Those coins are not lost, they're simply being held by the OBA as it attempts to maximize your profits.  When you stop mining, you'll likely continue to receive payouts for up to five additional days until all of the coins that you've earned have been paid.