You basically got the same that I did! luck seems to be hanging out at 70% plus for the last 2 days, I’m still going to stick it out a couple more days at least.
2 Likes
I’m planning on sticking around as well. I just sure wish they would pay out more often. I guess I just need to buy another miner!
2 Likes
Yeah, they added up to one miner… I just saw I can name them .worker after the address. But last night I set one to DxPool, 1 poolflare and 1 hash pool. So far poolflare is winning. I’m hoping tonight to get the workers working…
2 Likes
May be we can persuade the people within this group who are lucky enough to buy a KD6 to join Hashpool as it would make an immense difference in Hash power with them.
I need to amend my thinking on how hash-rates relates to pools.
I have understood wrong, and need to make amends,
First, I thought that more hash-rates correlated with better luck. But this is not true. Instead, Hash-rates only effects the variance of luck. So, basically less hash-rates just means you will have more variance in luck. More hash-rates = less variance in luck.
So, two pools with everything else being equal, if one has low hash-rates and the other has high hash-rates, both pools should have the same average luck over a set amount of blocks found with shares submitted.
The only difference is, the low hash-rate pools luck would vary much more throughout this number of set blocks found with shares submitted. While the high hash-rate pools luck, would not vary as much.
The amount of hash-rates a pool has, should not effect the average luck.
What matters is weather the pool is healthy and its location from you.
Its important to keep tabs on a pools luck, as a lower average luck will point to the pool being not as healthy. An abnormally high luck, also points to manipulation by the pool and could be a bad sign. But how you calculate luck is important as well
So,
We know Poolflare is a healthy pool. Its payout is one of the best. And has servers worldwide. Its hash-rates are high and its lucks average shows its healthy.
On the other hand, with Hashpool, there are many unknowns. We do not know how healthy their pool is. This is partly due to their low hash-rates. Their luck goes up and down and it take a much longer period to see just what their average luck is. We don’t know if they are healthy or not.
We have two options,
-
Record Hashpools daily luck for the next 30 days. We can than calculate Hashpools average luck over the coarse of 30 days. Although this may not be the absolute correct way to calculate luck, we will be able to see just how healthy Hashpool is over a month. We should calculate their luck by calculating how many shares they have summited in once months time frame and comparing it to how many blocks they have been awarded with. But this is much harder to do from the outside.
-
We can continue with our jumpstart, The increase in hash-rates should make the variance less, and we will be able to see with actual payouts from Hashpool to determine if they are healthy or not. If Hashpool is not healthy, we will take a hit in profits. So a lot more risk…
I know many have taken my word, and I don’t want to lead anyone astray. I was wrong, and wanted to let people know and clarify.
Sorry