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Showing 3 of 3 results by roadjack1
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Topic
Board Mining (Altcoins)
Re: Bitcoin Gold Pools are SCAM?!
by
roadjack1
on 26/01/2018, 15:40:29 UTC
Thanks for the info. What does the pool luck actually mean? Luck luck?

It's how fast the pool finds blocks compared to its proportion of the global hashrate. For instance:
BTG block time: 10 minutes
Pool hashrate: 5 MH/s
Network hashrate: 50 MH/s
Pool has 10% of total hashrate, therefore should find blocks every 100 minutes on average
if it finds blocks with a 90 minutes average, luck = 90 minutes / 100 minutes = 0.9

Anything slightly below 1 is good, because indeed lucky (if you are superstitious), or because it has a slightly faster server connection or something.
Anything slightly above 1 is bad,
grossly above or below = fishy af

Luck is sometimes worded as "effort". Again, less effort to find blocks = good.

pool.gold ... well... just look effort from the last 20 blocks: 1.58, 1.06, 1.87, 6.14, 1.60, 5.90, 4.75, 0.22, 1.21, 4.17, 2.33, 9.59, 3.38, 2.49, 3.73, 0.42, 7.46, 4.42, 3.43, 0.69

Average luck, last 20 blocks... a whopping 3.32
Post
Topic
Board Mining (Altcoins)
Re: Bitcoin Gold Pools are SCAM?!
by
roadjack1
on 24/01/2018, 16:51:41 UTC
Im starting to feel the same with pool.gold but for some reason I cant configure my EWFB miner to work with supernova. With pool.gold it just started right up but with supernova I cant get it running. I set up my worker on the website but I cant configure my cfg file properly I guess.

Can someone tell me what Im doing wrong? Should I be entering the info differently from pool.gold? Really stumped at this point. Thanks so much

paste your config and i'll check, it should actually be pretty the same like on the other pools, just use a username.workername combo instead of an address

I FIGURED IT OUT!! i wasnt entering my address as xxxxxx.xxxxx!! I forgot the period.

Was mining pool.gold with a single 1080 and was receiving about $3 every other day which is roughly HALF of the sated rate. Ill update with supernovas pay rate after my first payment... So far I can say that my accepted shares increased by double. Same hashrate and everything but supernova seems to be working faster?

Accepted shares don't mean much. Suprnova (and many other pools) use Vardiff. Your difficulty increases if your hashrate increase (but the value of your share increases too). This prevents pools from being spammed by low diff shares from huge rigs, and allows very small rigs to submit more than 1 share per hour.

Ultimately, you should get (total BTG created in a day) * (your hashrate / total network hashrate), and then factor in Pool's luck.
Suprnova luck is normal (like most pools). Pool.Gold's bad luck is a statistical aberration.
Post
Topic
Board Mining (Altcoins)
Re: Bitcoin Gold Pools are SCAM?!
by
roadjack1
on 13/01/2018, 19:07:57 UTC
pool.gold is most definitely a scam. They have had roughly 25% of hashrate since day 1 and barely pull 12-15% of blocks.
Looks like some sort of Selfish Miner attack or Block Withholding attack.

Suprnova works a-ok.

I stopped mining BTG and sold all my coins altogether though. I just do not trust the project anymore, and don't see its added value to the ecosystem.