Quote from: Luke-Jr on June 14, 2011, 02:14:06 PM

Quote from: JJG on June 14, 2011, 01:51:21 PM

If you're not happy with the one-sided PPS and your miners aren't happy with the system either, then why do we have it in place?

People weren't happy with proportional either. "One-sided PPS" is only a practical reality right now-- the actual policy is straight MaxPPS. The 40% implemented is the bare minimum needed to make the adjustment retroactive.

Only a 'practical' reality right now? What does that even mean? Bare minimum to make adjustment retroactive? Again, what does that mean?

Are you capping payments for the next 1-2 weeks (the 40%) so you've got enough of a bankroll buffer to over-pay on long blocks? If so, those who mine on your pool for the next few weeks are getting a raw deal, unless you plan to add a mechanism to pay them back for the time spent in this 40% period (which would then eliminate your buffer)

Quote from: Luke-Jr on June 14, 2011, 02:14:06 PM

Quote from: JJG on June 14, 2011, 01:51:21 PM

Can you give an ETA for when the full system will be implemented? Perhaps a promise that the withheld earnings will be paid back if the system isn't implemented by that date?

As the donations have been much less than even covering the costs of running the pool, let alone my expenses of time spent writing code, I cannot guarantee any ETA. I'm doing this basically free of charge, so for the most part it has to live in my "free time". If you want to change that, feel free to help the donation address grow to a reasonable size to cover my expenses, and then I can justify spending more "time I'm doing paid work" on it. My guess as to completion, is maybe 30 hours of work. If this is done in my spare time, it might be 1-2 weeks. In reality, USA will probably run out of disk space within a few days, so I need to hurry regardless.

Look, I know you're doing this entirely on a volunteer basis and we all greatly appreciate that, but if you're losing money and you don't like it, implement a fee. Deepbit charges 3% (!!) and gets away with it because it's more or less reliable, the payment system is transparent, and Tycho is responsive to and open with his miners.

Eligius is listed as an 'experimental pool', disappeared for a while when the hard drive filled up, and now has an upper limit on payments that hurts miners who use it. Now you're suggesting that the best way to get the MaxPPS system implemented in such a way that pays us fairly is to donate to you?

You might have a harder time getting donations when miners feel like they're already making a donation through these payment caps and black-box MaxPPS payout formulas.

Quote from: Luke-Jr on June 14, 2011, 02:14:06 PM

Quote from: JJG on June 14, 2011, 01:51:21 PM

As it stands, the MaxPPS system just puts an upper limit on miners' payouts. Sure, pool-hopping has been eliminated, but you've also reduced the award to legitimate miners. Kind of defeats the purpose.

With MaxPPS, the overall payout should be the same as proportional to legitimate miners.

In the future, right? What about this time period where miners are contributing but only being paid out under the capped system?

Quote from: Luke-Jr on June 14, 2011, 02:14:06 PM

Quote from: Fakeman on June 14, 2011, 01:51:38 PM

I had just started with Eligius and was happy with it so far, but for now I'm switching back to my second choice pool. Nothing personal, once you get the long blocks making up the difference I'll be happy to come back.

You're welcome to use the Europe pool (which remains proportional) in the meantime.

JJG

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