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Showing 6 of 6 results by Lc0inminer
Re: [ANN][POOL] Mining Pool Hub - Auto profit switching / Auto exchange to alt coins
Thanks. Can you tell me why there were so many invalid shares?
Hi, this is miningpoolhub.
Your invalid shares are generated from previous block's hashing.
As new block is found from litecoin network, hashing miner needs to reset their current work and start hashing with new base numbers.
When the pool send new number for next hashing, all following shares generated from previous blocks are set to be invalid shares.
There must be little time between block propagation on network.
It cannot be zero as fast running car can't stop immediately.
As you are using NiceHash, which relay new hashing base number to different kinds of miners again, tends to need more time than normal miner.
It depends time to time, but it's normal.
Hello, thanks for explaining.
Could you also please tell me why the payout value is decreasing? As you can see in my previous screenshot, the payout was 21 and today it has become 19.
LTC Estimates
Block 19.39694819
Fees 0.19396948
Donation 0.00000000
Payout 19.20297871
You stopped mining while others continue. They are gaining more shares while your share count stays the same. To maintain your current number of coins, you will need to continue mining and match or exceed the hash rate for the rest of the pool. When a block is found you will receive your percentage of the shares worth of coins.
Last block, around 8 million shares earned me 6.2 coins.
Oh alright. Thanks. Is there any reason why there seems to be a lot of time gap when a block is found? Like you said, only 3 blocks have been found till now. Does 50 LTC constitute 1 block?
Re: [ANN][POOL] Mining Pool Hub - Auto profit switching / Auto exchange to alt coins
Thanks. Can you tell me why there were so many invalid shares?
Hi, this is miningpoolhub.
Your invalid shares are generated from previous block's hashing.
As new block is found from litecoin network, hashing miner needs to reset their current work and start hashing with new base numbers.
When the pool send new number for next hashing, all following shares generated from previous blocks are set to be invalid shares.
There must be little time between block propagation on network.
It cannot be zero as fast running car can't stop immediately.
As you are using NiceHash, which relay new hashing base number to different kinds of miners again, tends to need more time than normal miner.
It depends time to time, but it's normal.
Hello, thanks for explaining.
Could you also please tell me why the payout value is decreasing? As you can see in my previous screenshot, the payout was 21 and today it has become 19.
LTC Estimates
Block 19.39694819
Fees 0.19396948
Donation 0.00000000
Payout 19.20297871
Re: [ANN][POOL] Mining Pool Hub - Auto profit switching / Auto exchange to alt coins
Thanks. Can you tell me why there were so many invalid shares?
No I'm sorry, probably something to do with settings not matching equipment. Like X11 setting on a scrypt hardware, or pool. But if you don't mind me asking, how much Mhashes did you rent? And How long did you mine to get that many shares? Thats impressive, I might want to rent some of their hash power.
For litecoin mining, we do use Scrypt only right?
I purchased hash power for ~ 0.02 BTC and set it to hash at 1 GH/s. I was not sure how it works so I just tried different settings while the order was active. It hashed at around 0.5 - 1 GH/s while it lasted.
Re: [ANN][POOL] Mining Pool Hub - Auto profit switching / Auto exchange to alt coins
Can someone help me out here?
These are statistics from my pool. however, my LTC balance seems to show NIL.
I am new to this and I am not exactly sure what I'm doing wrong.
http://i.imgur.com/zK6W7NU.jpg
Could someone also tell what each of these statistics means?
These are statistics from my pool. however, my LTC balance seems to show NIL.
I am new to this and I am not exactly sure what I'm doing wrong.
http://i.imgur.com/zK6W7NU.jpg
Could someone also tell what each of these statistics means?
Where it says "Your Valid" that 6.9 million, is the number of shares you will get, when a block is found. The "Your Invalid" are the 26 million stale shares you submitted. Add the value " --no-submit-stale" to your bat file,
You will receive your share of coins, when a block is found. So far this pool has only found 3 LTC Blocks in all its history.
The LTC Estimates say you will get 21 of the 50 coins if a block is found right now.
You're the user that ran up almost 7 million shares and 26 million invalid shares in a very short time. Do you mind saying what equipment and hashing power are you using to do that?
Thanks
Hello, thanks for explaining. I do not have any mining hardware. I was experimenting with nicehash and rented Scrypt hashing power from them.
I am not sure if I was following the right method since there seems to be 26 million invalid shares.
Since I do not have my own hardware, can i receive my share of coins to any ltc address? I have updated the address at the automatic payout field.
Where else can I mine litecoin profitably since you said only 3 LTC block has been mined in all history?
Many places to mine, but our blocks found per hash, is better than average. With our low hashing power it takes a long time but the payout per hash has been above average so far. Less people to share with in a small pool.
Yes you can send them to what ever address you want.
Thanks. Can you tell me why there were so many invalid shares?
Re: [ANN][POOL] Mining Pool Hub - Auto profit switching / Auto exchange to alt coins
Can someone help me out here?
These are statistics from my pool. however, my LTC balance seems to show NIL.
I am new to this and I am not exactly sure what I'm doing wrong.
http://i.imgur.com/zK6W7NU.jpg
Could someone also tell what each of these statistics means?
These are statistics from my pool. however, my LTC balance seems to show NIL.
I am new to this and I am not exactly sure what I'm doing wrong.
http://i.imgur.com/zK6W7NU.jpg
Could someone also tell what each of these statistics means?
Where it says "Your Valid" that 6.9 million, is the number of shares you will get, when a block is found. The "Your Invalid" are the 26 million stale shares you submitted. Add the value " --no-submit-stale" to your bat file,
You will receive your share of coins, when a block is found. So far this pool has only found 3 LTC Blocks in all its history.
The LTC Estimates say you will get 21 of the 50 coins if a block is found right now.
You're the user that ran up almost 7 million shares and 26 million invalid shares in a very short time. Do you mind saying what equipment and hashing power are you using to do that?
Thanks
Hello, thanks for explaining. I do not have any mining hardware. I was experimenting with nicehash and rented Scrypt hashing power from them.
I am not sure if I was following the right method since there seems to be 26 million invalid shares.
Since I do not have my own hardware, can i receive my share of coins to any ltc address? I have updated the address at the automatic payout field.
Where else can I mine litecoin profitably since you said only 3 LTC block has been mined in all history?
Re: [ANN][POOL] Mining Pool Hub - Auto profit switching / Auto exchange to alt coins
Can someone help me out here?
These are statistics from my pool. however, my LTC balance seems to show NIL.
I am new to this and I am not exactly sure what I'm doing wrong.
http://i.imgur.com/zK6W7NU.jpg
Could someone also tell what each of these statistics means?
These are statistics from my pool. however, my LTC balance seems to show NIL.
I am new to this and I am not exactly sure what I'm doing wrong.
http://i.imgur.com/zK6W7NU.jpg
Could someone also tell what each of these statistics means?