Quote from: puwaha on December 10, 2017, 01:27:44 AM

Quote from: Jaerin on December 09, 2017, 07:19:23 PM

Quote from: textb0ok on December 09, 2017, 09:24:01 AM

You were correct STSMiner.... After changing the switching interval and the profit switching threshold, I am now seeing what I consider normal functionality.

_________

New Question:

Are any you using zpool and noticing you are not getting paid anywhere close to what Awesome Miner is saying you are earning?

I mined all day and night with my test rig, and Awesome Miner was reporting a profit from $6/day to $18/day....

But on the zpool wallet page, it shows I have earned $3 in bitcoin. Huh

There has been a long time speculation that there is something causing 20% loss of earnings in the exchange process. I discovered that the AverageIncrement function used to create a rolling average of the prices on the exchanges could return 80% of the input values if either of the inputs were 0. I've submitted a bug fix to the Yiimp git, but it has not been accepted yet. Ahashpool.com has implemented the bug fix long ago and I have found that it pays out much better than Zpool. The one drawback is that it does not have near the same number of algorithms and coins available. Specifically the Equihash implementation in Yiimp is private and not shared publicly.

Zpool does still pay out better than what Nicehash used too, but there is an obvious bug that continues to go unfixed. There is a thread where evidence was presented that clearly showed that the exchange rates being given on mined coins was always 15-20% below the expected value at the time of payout. Its a hard discussion to win because everyone seems to doubt the validity and chalks up the evidence as somehow doctored or could be explained away by exchange price fluctuations. Hopefully Crackfoo comes to his senses and implements the bug fix. In fact I think people would be fine paying a 5-10% exchange fee if he were transparent about it. It costs money to run a pool and I don't think anyone expects him to do it for free.

You also have to understand how pools like Zpool work and profit-switching in general. When you mine a coin that is "most profitable" in the moment, many, many rigs get pointed to it through the various profit-switching software and pools that are out there. This raises the difficulty on the coin causing it to slide down the ranks. The coins that you did mine at Zpool (or other services) then get sent to the exchange, where it may not be as profitable as it was when you first mined it. Depending on how fast the coin gets exchanged, it could be worth much less BTC. I have some Nist5 coin that I mined at Zpool that has been at the exchanges for over 2 weeks.

This is why you should never set AM or any profit-switching algorithm to "current" statistics, but 24 hour averages or longer. Coins slide up and down from the top spot constantly, and you are chasing the tail of the spike if you are using current statistics. If you are in it for profit, then you are better off mining coins that average in the top 5, as you want consistent profit.

I know perfectly well how the pool works. And you're right that you are chasing the potential quick profits, but what you also have to realize is when those coins "spike" in profits could be because there is a short term drop in difficult of the coin and therefore your hashing power for that period actually will generate you more of those coins of that type then it normally would. When the difficulty spikes back up to move onto a different more profitable coin. There is usually 2-3 algorithms that it will end up cycling throughout the day. The price fluctuations on the exchanges may also be the reason one coin becomes more profitable over another. It all depends on how things play out. In general though I can say that my hashing power using a program like Awesome Miner or Multipoolminer on a pool like Ahashpool.com far outperforms sticking to a single coin.

As an example I look at whattomine.com and it says for my 7 - 1080's and 1 - 1080Ti based on 7 day difficulty and profitability I should be mining Monacoin and expecting .00253BTC a day. On ahashpool.com in that last 24h I've made closer to .004

My ahashpool wallet:
https://www.ahashpool.com/wallet.php?wallet=1Q3HQdXLuiTpmgZo9Mt24Bomee8HyiWRsv

whattomine.com for the same:
https://tinyurl.com/ycggbgr5

And actually that isn't a full time with my 1080Ti because I play game with it and don't usually mine with it 24/7.

Jaerin

Posts

Merits