How can a miner choose a reward system that will bring the biggest profit? In total, there are 13 generally accepted models for calculating reward, but two of them are more popular: PPLNS, PPS and its variations. Let's find out which model is a better fit for an average miner with, say, 10 rigs and a total hash rate of 1250 mh/s.
PPLNS (Pay Per Last N Shares) is a proportional payout system, its reward is calculated not for the number of shares that the user sent in the interval between the two found blocks, but for the number of time intervals, which are called shifts and are fixed. It all depends on luck: sometimes you will find the blocks sequentially and often, and sometimes for a long period you’ll get nothing at all. It’s suitable for miners constantly working in the same pool.
For example, this is the average income per 1 gh/s for a user on Ethermine: the average daily income ranges from $20 to $35, but you will go through some bad days with an income of $18, and happy days with $40-$50-$60-$80 rewards. And even though one extra $119 catch. As a result, the average for 3 months is $31.2:
Pay Per Share (PPS) - payment for a share. The pool pays a reward to the miner according to the average number of shares that they deposit to the pool when searching for blocks at a stable rate. No matter how lucky the pool is, at the end of the day its users receive a 100% payout. This payout model is optimal for large farms.
Poolin profit calculator that works in compliance with the PPS system 41,96 $, which is almost $8 less than on the CoinFLy pool with the PPS+ system
PPS+ suggests that regardless of whether the pool finds blocks or not, it must pay for each accepted share. But what if the block is not found yet? What rate do they use? That’s when each pool comes up with its own idea.
As for the CoinFly pool, miners can use the revenue calculator based on the hash rate and use it to track the logic of calculating the reward: the current hash rate divided by the product of the average block reward (for the past day by whattomine), the network complexity and the total number of shares per day. And until the end of September, there is a special offer +10% for everything you’ve mined! You can see and evaluate the stats here.
Submitted September 21, 2020 at 05:00PM by IdahoOfficer https://bit.ly/2EpFkjm
No comments :
Post a Comment