Pool Mining Rewards and Payouts

I’ve been mining for several months now over at http://0-100.burst-team.us:8080/
Burst explorer says that I have forged 14 blocks, and 1 just today: https://explore.burst.cryptoguru.org/account/5815356513053042910#
But if you check my wallet I’ve only been receiving my ~500 deferred every 3-5 days.

If the split is 60/40, is that 60% to the team and 40% to me (minus any pool fees), or is it the other way around?
The block reward is about 1200 coins, so I should see a nice bonus every now and then when I forge a block, what am I missing?

Thanks,
Paul

It isn’t a 60-40 pool, it’s a 0-100 (100% historical = payout only on historical shares)

Wow, okay that makes sense now…
I’m thinking at 70TB maybe I should find a 60/40 or 50/50 pool…
Thoughts on that?

Thanks for the education.

I’m not complaining about the payouts, but it was curious to me based on my assumptions.

Thanks,
Paul

Oh yeah, I understand.

I have been seeing people say that 0-100 benefit up to 24TB, then 50/50 up to whatever you feel you should solo with.

I’m not really sure it makes any difference what kind of split it is, I think this is dealing with the human element of mining Burst, not the statistical probabilities of it.

I don’t really watch my miners very closely though, maybe that’s part of it :slight_smile:

I tried burst.cryptoguru.org for a day and felt that I was getting less. But I guess single days can be so variable that you can’t judge one way or the other.

Then again, getting 14 forged blocks in 3 months isn’t rock-star level. Though it is double what I got from the pool at 100/0. 28000 versus 14000.

Hmmm, on the fence.

Suggestions?
Paul

As long as you’re on a very stable pool, and your connection to it is always stable, I think that is the most important part. Everything else is just chance…

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@ryanw
I had mentioned that I switched to 50/50 pool burst.cryptoguru.org for a few days in the 2nd week of January, the rest of the time was at the 0-100 mentioned above.

I just noticed that my wallet has 17 forged and 2 mined blocks. Where did the 2 minted come from? Was that while on the 50/50? Or did I somehow flip to solo mining for a few days?

https://explore.burst.cryptoguru.org/account/5815356513053042910

The 2 blocks have a reward total of 2460, so if I was at a 50/50 pool I should only have half of that.
What am I missing?

Paul

That’s something new added to the explorer I believe…

I’ve sent some questions regarding this, and will get back to you!

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Thanks @ryanw!
Any info would be great!

Cheers,
Paul

Did you find anything out @ryanw?

Thanks,
Paul

All I have gotten is one reply so far is confirmation that:

Forged = you generated the block but weren’t the reward recipient (Pool mined).
Mined = you were the reward recipient, so either solo mined or someone else mined it with you as reward recipient.

I asked about the inconsistency with your address info (and also my own), and am waiting on that unfortunately :confused: This is something that was just added to the explorer, so I have only found one person in the PoCC that knows the specifics.

Interesting. Maybe I will join the 50/50 again and see what happens.
I’ll report back my findings.

Thanks!

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The tab now says “Rewarded” instead of “Mined”

https://explore.burst.cryptoguru.org/account/5815356513053042910#

Your questions must have sparked something. :slight_smile:

Yeah, I still don’t know why all of these blocks aren’t listed consistently in one tab

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I am having 50TB and getting roughly 50 or 60 Coins Pey day from burst mining club. Do you think that’s normal?
https://explore.burst.cryptoguru.org/account/16545140005018387174
This is my wallet address and I only have one income bigger than 100 coins, I guess that’s from the block I forged.

I’m feeling that pool is not good for me. Do you any suggestion? Thank you so much

I am having 50TB and getting roughly 50 or 60 Coins Pey day from burst mining club. Do you think that’s normal?
https://explore.burst.cryptoguru.org/account/16545140005018387174
This is my wallet address and I only have one income bigger than 100 coins, I guess that’s from the block I forged.
I’m feeling that pool is not good for me. Do you any suggestion? Thank you so much

I’ve not done a 80/20 all shared pool. but assuming that it is mostly luck and that everything is equal your payout sounds about right.
I was getting 100/day with 50TBs last month, though things have gotten a little more difficult this month
and don’t forget about the luck factor.

You should try different pools, but focus on the uptime of the pool, the percentages, pool fees, in that order.
And then hope to get luckier than the week before.

Good luck to you,
Paul

I also would think that if I solo mined a block that my earnings would show up as a transaction somehow. Obviously the “network” pays me, but it would nice to see that listed in my transaction ledger.

Paul

Thanks Paul,

I have an internet download and upload speed 60kb/s (0.60Mbps), latency 40ms . Is that a problem( bottle neck ) for mining performance?
Don’t know how much internet data it need to transfer per second.

Mining does not use very much bandwidth at all…that is not a problem for you.