Chat archive · 2017-12
dashRog · Fri Dec 15, 2017 03:22 PM UTC
just got my first miner, anyone know why only one worker is showing up? I caught 2 workers briefly but most of the time it shows 1 worker
blastar · Fri Dec 15, 2017 03:23 PM UTC
@dashRog hi, if you only have 1 miner, then you only see 1 worker.
dashRog · Fri Dec 15, 2017 03:26 PM UTC
ok, thanks @blastar, I thought that might be the case
doomguard · Fri Dec 15, 2017 03:26 PM UTC
Harrison wrote: @Steve is it odd that the LTC earnings are higher than the automatic yesterday? Shouldn’t automatic automatically mine the most profitable coins? Meaning that if it’s litecoin, it’s always litecoin? I just found it odd to see the LTC earnings going up while auto going down. ya i am curious bout this too
AppleMiner · Fri Dec 15, 2017 04:25 PM UTC
doomguard wrote: Harrison wrote: @Steve is it odd that the LTC earnings are higher than the automatic yesterday? Shouldn’t automatic automatically mine the most profitable coins? Meaning that if it’s litecoin, it’s always litecoin? I just found it odd to see the LTC earnings going up while auto going down. the chart is based on $ paid / hash spent making it on scrypt
AppleMiner · Fri Dec 15, 2017 04:25 PM UTC
so it does not reflect HOW or in what coin the users were paid out.
AppleMiner · Fri Dec 15, 2017 04:25 PM UTC
that is how much you could make mining straight LTC, like over on Litecoinpool
AppleMiner · Fri Dec 15, 2017 04:26 PM UTC
vs how much the users here were paid out using whatever coin payment they selected.
AppleMiner · Fri Dec 15, 2017 04:26 PM UTC
what they need here really, is a 1MH expected payout by coin instead of just 2 for scrypt
AppleMiner · Fri Dec 15, 2017 04:27 PM UTC
then you could select any coin they are currently paying out in and see how the dailys were for just those people.
AppleMiner · Fri Dec 15, 2017 04:27 PM UTC
as it stands, the profits of the people picking BTC are mixed with those picking LTC and ETH and Monero, and vertcoin, and everything else.
3Moose · Fri Dec 15, 2017 04:41 PM UTC
AppleMiner wrote: that is how much you could make mining straight LTC, like over on Litecoinpool I have run this test... I make more on litecoinpool.org than what the line says.
dajackson33 · Fri Dec 15, 2017 04:45 PM UTC
can someone help explain this to me? if PH mines the most profitable coin and then exchanges it to LTC for example, shouldn’t the difficulty of LTC not matter? like if i had an orange and you had an apple and we traded, it shouldn’t matter how hard it was to pick your apple if the exchange rate was apples to oranges
dajackson33 · Fri Dec 15, 2017 04:47 PM UTC
my point is, the coins with the easiest mining difficulty should theoretically yield the most profit. but the past 36 hours have been garbage for me on here compared to the 2 days prior
AppleMiner · Fri Dec 15, 2017 04:47 PM UTC
@dajackson33 : which part do you need help with?
AppleMiner · Fri Dec 15, 2017 04:49 PM UTC
you arent mining coins, you are mining $ then converting it to the coins you want. so you arent mining a percent of coins and converting to a percent of coins.
dajackson33 · Fri Dec 15, 2017 04:49 PM UTC
@AppleMiner : i saw a 30-40% drop off in payout over the last 36 hours
AppleMiner · Fri Dec 15, 2017 04:49 PM UTC
me too, why i moved my miners off also.
AppleMiner · Fri Dec 15, 2017 04:49 PM UTC
i put in a ticket but until i hear they are reimbursing or pay out, im not here either
dajackson33 · Fri Dec 15, 2017 04:49 PM UTC
of course you’re mining coins
dajackson33 · Fri Dec 15, 2017 04:50 PM UTC
then those coins get sold at an exchange for your payout coin
AppleMiner · Fri Dec 15, 2017 04:50 PM UTC
no, your not, your mining $ = to the coins and converting it
AppleMiner · Fri Dec 15, 2017 04:50 PM UTC
if you were mining coins, then the value of the coins you are mining would not impact it.
AppleMiner · Fri Dec 15, 2017 04:50 PM UTC
the value of the coins going up and down affects what coins get picked to be mined
AppleMiner · Fri Dec 15, 2017 04:51 PM UTC
so if it was set on coin percents you were mining, the price wouldnt affect the coins profitability making it higher or lower to be picked.
dajackson33 · Fri Dec 15, 2017 04:51 PM UTC
yes, and you mine those coins because they can be exchanged for your payout coin at a higher rate
AppleMiner · Fri Dec 15, 2017 04:51 PM UTC
the fact that a coin can move up or down based on the price that affects its profitibility means its price based not coin percent based right?
dajackson33 · Fri Dec 15, 2017 04:52 PM UTC
technically yes, but a coin with lower difficulty yields a higher percentage of that particular coin
dajackson33 · Fri Dec 15, 2017 04:52 PM UTC
and along with price, makes it more profitable
AppleMiner · Fri Dec 15, 2017 04:53 PM UTC
so at some point a pool that pays out a percent of a coin, vs the $ equivalent of the coin's value, will produce a higher rate.
AppleMiner · Fri Dec 15, 2017 04:53 PM UTC
PH pays 50$ a day, litecoin pool pays half a coin a day. Once the value gets over $100, then litecoin pool pays more.
AppleMiner · Fri Dec 15, 2017 04:54 PM UTC
once the value of LTC goes under a certain price, then PH pays more based on $ equals, over percents.
dajackson33 · Fri Dec 15, 2017 04:54 PM UTC
that’s assuming you’re taking a cash payout rather than a coin
AppleMiner · Fri Dec 15, 2017 04:55 PM UTC
2 coins on Litecoinpool would be the same as 2 coins on PH
AppleMiner · Fri Dec 15, 2017 04:55 PM UTC
not looking at the cash looking at how many coins I get at the end of the day
AppleMiner · Fri Dec 15, 2017 04:55 PM UTC
AND since i take my payouts in LTC, its apples to apples
AppleMiner · Fri Dec 15, 2017 04:56 PM UTC
the payout for the one and the other are on the same metric.
dajackson33 · Fri Dec 15, 2017 04:56 PM UTC
that’s exactly my point--i would expect similar returns if i mined only LTC here vs. litecoinpool
dajackson33 · Fri Dec 15, 2017 04:57 PM UTC
but because PH by default mines the most profitable coin, theoretically the payouts in coins should be higher
dajackson33 · Fri Dec 15, 2017 04:57 PM UTC
ok maybe a little less because of the fee
AppleMiner · Fri Dec 15, 2017 04:57 PM UTC
yes, because PH pays you $50 a day, and litecoin pool pays me .25 coins a day. But once LTC goes over $400 then litecoin pool then pays more as a percent vs the $ amount on PH.
dajackson33 · Fri Dec 15, 2017 04:58 PM UTC
i’m not following--PH is paying me in LTC so i don’t understand what you’re saying
AppleMiner · Fri Dec 15, 2017 04:58 PM UTC
there is a graph you can plot with 2 lines, and once they cross over, you swap to the other pool
AppleMiner · Fri Dec 15, 2017 04:58 PM UTC
yes, they pay you in litecoin equvalent $
AppleMiner · Fri Dec 15, 2017 04:59 PM UTC
not in litecoin equivlaent coin percents.
AppleMiner · Fri Dec 15, 2017 04:59 PM UTC
its if you want a $ exchange pool or a mining percent
AppleMiner · Fri Dec 15, 2017 04:59 PM UTC
at some point they cross and the opposite one becomes more profitable.
dajackson33 · Fri Dec 15, 2017 05:00 PM UTC
which should be inherently higher than litecoinpool based on the fact that you’re mining easier and more profitable coins rather than only LTC which has tripled in difficulty in the last month
dajackson33 · Fri Dec 15, 2017 05:01 PM UTC
if i’m mining more $’s worth, then i’d expect a higher LTC % based on the current exchange rate
AppleMiner · Fri Dec 15, 2017 05:01 PM UTC
you are also comparing a 101 pool with what fees? none? compared to a pool with 5%
AppleMiner · Fri Dec 15, 2017 05:02 PM UTC
Jackson, $50 does NOT equal .25 coins , ONCE the LTC value goes over $400.
AppleMiner · Fri Dec 15, 2017 05:02 PM UTC
under a value, PH may have better profits, over a certain amount, the percent of the coin will outweight the profits PH pool can provide per day.
dajackson33 · Fri Dec 15, 2017 05:02 PM UTC
but the difficulty of mining LTC solely continues to skyrocket
dajackson33 · Fri Dec 15, 2017 05:03 PM UTC
which significantly impacts how much you can mine in any 24 hour period on litecoinpool
dajackson33 · Fri Dec 15, 2017 05:03 PM UTC
i’m saying it’s confusing to me how that would have any impact on PH
AppleMiner · Fri Dec 15, 2017 05:03 PM UTC
and it doesnt impact how much you can mine on PH?
dajackson33 · Fri Dec 15, 2017 05:03 PM UTC
not if you’re mining other coins
AppleMiner · Fri Dec 15, 2017 05:04 PM UTC
you dont think LTC is mined 90% on here?
dajackson33 · Fri Dec 15, 2017 05:04 PM UTC
i guess that’s what i’m confused about
dajackson33 · Fri Dec 15, 2017 05:04 PM UTC
if that’s true, what’s the point
AppleMiner · Fri Dec 15, 2017 05:06 PM UTC
but with 5% fees vs 101 with no fees, at some point it will overtake the other pool
AppleMiner · Fri Dec 15, 2017 05:07 PM UTC
this pool doesnt try to compete on price, it has other features and abilty ti payout in multi coins.
AppleMiner · Fri Dec 15, 2017 05:08 PM UTC
being legit they won't be able to compete with non filing tax code pools
doomguard · Fri Dec 15, 2017 05:08 PM UTC
I am mining ltc here and i chose ltc as my payout.
AppleMiner · Fri Dec 15, 2017 05:08 PM UTC
when i mine here, me also doom
doomguard · Fri Dec 15, 2017 05:10 PM UTC
Thought i can get more ltc here
AppleMiner · Fri Dec 15, 2017 05:14 PM UTC
depends which is higher, $ or percents for a given day.
mark · Fri Dec 15, 2017 05:27 PM UTC
@ AppleMiner « Fri 7:19 am » i put in a ticket but until i hear they are reimbursing or pay out, im not here either. We have moved all our workers to LTCpool to.
NYCrypto1 · Fri Dec 15, 2017 05:27 PM UTC
I have 12 L3 pointed at litecoinpool.org and I get 1.08 LTC per day. Depending on price of LTC, im making $300 per day there. If I pointed 12 here, I have an average payout of $230-$265. Apple is right, this site has different functions which other sites dont offer, so you will pay a premium for those features. If you want to make more on LTC then go to a LTC pool only
mark · Fri Dec 15, 2017 05:34 PM UTC
We move our L3’s back here a couple of days ago but with PH’s lack of stability and an unreliable payment structure we have had enough so have moved back to Litecoinpool . org
dottat · Fri Dec 15, 2017 05:50 PM UTC
just moved mine away from here
NYCrypto1 · Fri Dec 15, 2017 06:04 PM UTC
I still have miners pointed here, but thats so I can get payouts in BCC and ETH.. so I dont mind paying the premium
NYCrypto1 · Fri Dec 15, 2017 06:06 PM UTC
This site is very promising and like every growing company, they will go through some growing pains, but that doesnt mean I should lose profits in the meantime..
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AppleMiner · Fri Dec 15, 2017 06:20 PM UTC
If mining is ART, then I must be Jackson Pollock
mcrutche · Fri Dec 15, 2017 06:56 PM UTC
Apple- can you share that graph you were talking about?
AppleMiner · Fri Dec 15, 2017 06:58 PM UTC
i talk about a lot of graphs
AppleMiner · Fri Dec 15, 2017 06:59 PM UTC
either the charts 1MH expected payout
AppleMiner · Fri Dec 15, 2017 06:59 PM UTC
or the earnings page payout by coin line / bar graph under that line graph
mcrutche · Fri Dec 15, 2017 07:12 PM UTC
AppleMiner « Fri 12:59 pm » or the earnings page payout by coin line / bar graph under that line graph.
mcrutche · Fri Dec 15, 2017 07:13 PM UTC
The earning page payout by coin line / bar graph under that line graph
AppleMiner · Fri Dec 15, 2017 07:22 PM UTC
there are 2 graphs, 1 shows coins earnings per day on a line graph
AppleMiner · Fri Dec 15, 2017 07:22 PM UTC
if you hover on the data dots it shows the coins you earned for that day.
AppleMiner · Fri Dec 15, 2017 07:22 PM UTC
and what the $ payout was for those earned coins
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