Congratulations to superminer dmdllc2017

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

Re: Congratulations to superminer dmdllc2017

by Steve Sokolowski · · Post #14550

Dave wrote:So is this $100k fee shared or goes only to dmdllc2017
It's not accurate to say that the $100,000 from this particular block was distributed to miners. A more accurate statement is that the payout rate during the time that block was available was $1000/MH/s/day.

We are a pay-per-share pool, so you receive credit if you found a share during that time, just as happens all the time. Since this reward was so high, all pools were searching for it, so it only lasted a few seconds. If you were mining high difficulty shares, it's possible that you didn't submit a share during that time due to bad luck, and therefore didn't earn part of this huge profit. On the other hand, you also could have found a high difficulty share and made a fortune, as some did.
Brandonloves2fly
Archived posts: 9
Joined: Aug 27, 2017

Re: Congratulations to superminer dmdllc2017

by Brandonloves2fly · · Post #14580

Steve Sokolowski wrote:
Dave wrote:So is this $100k fee shared or goes only to dmdllc2017
It's not accurate to say that the $100,000 from this particular block was distributed to miners. A more accurate statement is that the payout rate during the time that block was available was $1000/MH/s/day.

We are a pay-per-share pool, so you receive credit if you found a share during that time, just as happens all the time. Since this reward was so high, all pools were searching for it, so it only lasted a few seconds. If you were mining high difficulty shares, it's possible that you didn't submit a share during that time due to bad luck, and therefore didn't earn part of this huge profit. On the other hand, you also could have found a high difficulty share and made a fortune, as some did.
Steve, your Tweet was bit misleading as you indicated that "Congratulations to everyone mining scrypt with us at 02:53 EST - you have a huge payout." As the payout didn't go to everyone. From the sounds of it, a good chunk of miners didn't get a cent of that payout. I'm not complaining (well, maybe a bit because I didn't get a piece of the action), but it was very discouraging to see your tweet and then find out I wasn't part of "Everyone".

It makes me want to switch to a low static difficulty so that I am not stuck on a high diff coin when something like this happens. The more frequently I'm submitting shares, the more my chances of participating in a payout. I've left my password arguments to be determined by PH, but that appears to not be the wise choice. I have 24 miners pointed here between 2 accounts and have been loyal to PH for over 5 months.

It just sucks that I didn't participate because my miners were assigned a higher difficulty coin at that exact moment.

Thanks for all you do, Just maybe be more careful with the wording on your tweets as you set most of us up for a huge disappointment when we found out we didn't get a piece of the pie. ;)
Jamin
Archived posts: 23
Joined: Dec 15, 2017

Re: Congratulations to superminer dmdllc2017

by Jamin · · Post #14597

AppleMiner wrote:I showed it the instant it happened.
My test rig went from $17 the previous whole day to $9 before 4am, so I knew there was a jump and wasnt getting excited until I knew it wasnt some error...I mean 12+ hours worth of earnings squeezed into 4 hours of time working seemed too good to be true.
Similar but larger numbers, I guess to reflect my hashing.