A2 Terminator No credit for solved blocks

Steve Sokolowski avatar
Steve Sokolowski
Archived posts: 4559
Joined: Aug 27, 2014

Re: A2 Terminator No credit for solved blocks

by Steve Sokolowski · · Post #4424

gnode wrote:The status for all the blocks I found is indicated as mature in the block explorer. The last block I found was 535234. the last solved block for LYC is now 535399 so that is 165 more blocks, so coins should be all confirmed.
Chris will look into this.

There is a program that runs periodically to credit solo miners' blocks. It's possible that it hasn't run because Chris forgot to configure it to run after the new servers were set up. He'll take a look.
Chris Sokolowski avatar
Chris Sokolowski
Site Admin
Archived posts: 945
Joined: Aug 27, 2014

Re: A2 Terminator No credit for solved blocks

by Chris Sokolowski · · Post #4442

I looked into this today. Our database shows that you mined 81 LYC blocks with PPS and then 17 blocks solo. I determined that the database and our mining server is correct in your payments.

The problem is that November 27 was one of the days that Cryptopia had its Lycancoin wallet offline, so we were using Novaexchange's prices for Lycancoin. For PPS with a c= argument, we have to buy coins continuously for each share (to remove risk of a price spike) and sell any blocks that are found, so you are paid the ratio of the buy and sell prices. Novaexchange is a much lower volume exchange with a high LYC buy price and low LYC sell price, so you only earned 8416 LYC for all your pay-per-share earnings that day compared to 31693 LYC for your solo blocks.

Since this is such a discrepancy and the value of the coins isn't that much, I have credited you at the solo rate for your PPS blocks. For coins with large spreads between the buy and sell prices like Lycancoin, I recommend solo mining instead of PPS in the future.
gnode
Archived posts: 49
Joined: Nov 27, 2016

Re: A2 Terminator No credit for solved blocks

by gnode · · Post #4445

Chris,
Thanks for the coins! I was actually trying to mine solo but it took me a while to realize that I needed to include c=lycancoin m=solo in quotes to get my A2 miner to accept the full string. Without the quotes the m=solo was dropped. Also thanks for the added info on how pps works, useful knowledge for the future.