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Re: [ANN] Ħ [HODL] 0.5% Interest Paid Every Day On Regular Balances
Over the long term the pool with the higher hashrate will find more blocks though, even if it's only one user mining.
Then whats the problem with maxminers.net then? Last 24h its 400% unlucky block found. I am not a statistician but I have an opinion: luck. I agree with uowner, over time it's the hashrate
that will win.
The distribution of block time varies from 0 to infinity. Slow blocks can take mutiples of the average time
so a couple of very slow blocks would require a larger number of fast blocks to average out.
Let's look at an example of finding 2 blocks with a estimated TTF of 1 hour. The first blolck is found immediately
but the second takes 4 hours. That's an average of 2 hours/block even though the luck seems evenly distributed,
one very good, one very bad. It would take two more blocks found in zero time to match the average 1 hour TTF.
Re: [ANN] Ħ [HODL] 0.5% Interest Paid Every Day On Regular Balances
Over the long term the pool with the higher hashrate will find more blocks though, even if it's only one user mining.
Then whats the problem with maxminers.net then? Last 24h its 400% unlucky block found. Re: [ANN] Ħ [HODL] 0.5% Interest Paid Every Day On Regular Balances
Can somebody explain me one thing?
Total hashrate of hodl.blockquarry.com is less then total hashrate of hodl.maxminers.net.
Why blocks in hodl.blockquarry.com are found more often then in pool hodl.maxminers.net?
Thank you!
Also very interested in thisTotal hashrate of hodl.blockquarry.com is less then total hashrate of hodl.maxminers.net.
Why blocks in hodl.blockquarry.com are found more often then in pool hodl.maxminers.net?
Thank you!
pretty simple really: hashrate alone isn't what determines the speed at which a pool will find blocks. Number of miners also plays a big factor in it.
looking at the number of workers on the 3 pools now,
suprnova: 1095
blockquarry: 635
maxminers: 50
and the reported pool hashrates:
suprnova: 338kh/s
blockquarry: 101kh/s
maxminers: 151kh/s
difference in hashrate between blockquarry and maxminers really isn't that large, but the difference in number of workers is. the larger offset in number of workers is more than likely attributing to the higher count of blocks solved.
Now, when maxminers DOES solve a block, each miner will end up getting a bigger piece of the pie (for that block) because it is distributed amongst fewer users, so take that into consideration too.
Re: [ANN] Ħ [HODL] 0.5% Interest Paid Every Day On Regular Balances
Can somebody explain me one thing?
Total hashrate of hodl.blockquarry.com is less then total hashrate of hodl.maxminers.net.
Why blocks in hodl.blockquarry.com are found more often then in pool hodl.maxminers.net?
Thank you!
Also very interested in thisTotal hashrate of hodl.blockquarry.com is less then total hashrate of hodl.maxminers.net.
Why blocks in hodl.blockquarry.com are found more often then in pool hodl.maxminers.net?
Thank you!
Re: [ANN] Ħ [HODL] 0.5% Interest Paid Every Day On Regular Balances
There's currently a DDoS going on at the pools frontend - I'm working on it.
Who and for why? I though its more "right" to ddos backend, not frontend, isnt it? Re: [POOL][Scrypt][Scrypt-N][X11] Profit switching pool - wafflepool.com
PLEASE!!! Just launch wafflepool as soon as possible! I don't even need my lost payout (about 0.1btc) I just want to continue my mining process, because for those days while waffle stays broken i've already lost much more profit than 0.1btc!
So let me get this straight, because the pool is down you're not mining? There are dozens of other profit switching pools out there!!! I really liked Wafflepool, but it goes down I switch to another pool!!!
Re: [POOL][Scrypt][Scrypt-N][X11] Profit switching pool - wafflepool.com
PLEASE!!! Just launch wafflepool as soon as possible! I don't even need my lost payout (about 0.1btc) I just want to continue my mining process, because for those days while waffle stays broken i've already lost much more profit than 0.1btc!
Do you have any starting promotion?
Free Gh ore anything?
There are a lot of cloud mining system and you should have some good grift for new users
It will be later, we won't leave behind our first investors. Firstly we need to see is there any interest to our service or not. We don't want to waste our resources now, when it's not clear will this service be popular or not.Free Gh ore anything?
There are a lot of cloud mining system and you should have some good grift for new users
ShareCloud - Most profitable way to cloud-mine crypto
The Idea:
The main idea of ShareCloud is large reinvestment to receive more profitability in long-term.
So, at the start you will receive a very small payouts, but they will grow every day as the mining power grows.
The Realisation:
We will sell mining shares without expiration for a price of 0.005 BTC/Share,
We have idea for different types of shares, but at the start only "Genesis-mining.com Middle-term Shares" will be available with 1000 quantity.
This shares type will generate about 520% profit over 2 years, and it will reach 100% ROI after 230 days.
Yes, we know that it's more that common mining ROI, but as we told before, that will help to generate more profit over years, than common mining.
Shares are selling by the Supplies, this will help to divide new investors from old ones, and don't make their profit less.
How does it work:
The shares have some different properties as: Starting Reinvestment Rate, Ending Reinvestment Rate, Reinvestment Delta Rate.
Those properties affects profitability and ROI. The higher Starting and Ending rates - the more profit shares will have in long-term.
Reivenstment Delta is a value, describing how much reinvestment will decrease over the days.
The higher this rate, the less profit shares will have over years, but the 100% ROI will be faster.
The higher this rate, the less profit shares will have over years, but the 100% ROI will be faster.
Example:
Let's say that you are bought 100 Middle-term shares for 0.5 BTC.
At the first day you will receive nothing (100% reinvestment rate to purchase more hashing power to increase profit over years)
At the second day you will receive 0.5% Profit payout (Reinvestment rate decreases for the delta amount)
At the third day you will receive 1% Profit payout. Same with next days.
Do not forget the fact, that your hashing power is increase every day! And you aren't pay anything for that. (except % of profit)
At one day Reinvestment rate will reach 5% and then it will freeze to keep payouts level regardeless BTC profitability fall.
Why you should use our service:
We have more that 1 year of mining expirience. Both: solo and cloud;
We are interested in crypto investments too;
We want to show miners how Economic rules can increase mining profit;
If you are trying to solo-mine with reinvestments it's very hard to have good reinvestment rate,
You can reach good rate only if you have a large amount of BTC for the first investment (>10 BTC).
More information:
You can read our 'plans' in XLS-format table here:
http://sharecloud.me/shares_info/1.xls - Genesis Long-term
http://sharecloud.me/shares_info/2.xls - Genesis Middle-term
http://sharecloud.me/shares_info/3.xls - Genesis Short-term
Registration:
Please, remember that our site is still in develompent and we are working hard to make it nice and comfortable.
Feel free to ask any questions, but sorry me for my English skills, it's not my native language and i'm aren't using a translator.