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No payout, shares went from 18,000 to 0
I've mined MONA for 24h+, got shares, waited for balance. Now it shows 0 shares and still no balance and no payout. During mining period there was plenty of blocks. What is going on?
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Customer support service by UserEcho
Well, the Lyra2 pools (MONA and VTC) have had a few software issues lately, but the owner is rushing to fix them currently.
I have mined vertcoins for some days with gtx 1080 / 1070 and balance is only less than half vertcoin. In the meantime many blocks have been found and payied.
I have stopped mining now and wait for an answer before reconnecting
address is VwBDMpQztsAGE6LffD2qw4GFX4GewazfYS
You only get paid for mining the blocks that are found by THIS pool, not for every block found on the network.
of course i know. I confirm that the blocks were found in the same pool (this) where i mined.
I'm really angry
Well you got paid, trust me a fair amount for your share.
Yes, we might not find another block before VTC halving, the hash rate has dropped, many miners stopped mining VTC.
Yes, whatttomine is highly inaccurate, especially for coins with large difficulty swings (like VTC).
fminer, I have the same issue. Mining since well before the last block was found and I did get paid, but since then there is no VTC balance shown. I also worry that no VTC block has been found for quite a while and the already low payout will be halved. I have stopped mining VTC for now.
Whattomine.com was completely wrong about the profitability of VTC for my Nvidia rig. It makes a lot more sense to mine ETH and buy VTC, if you want some VTC. It is probably better to mine ETH and either hold the ETH or buy BTC, LTC or IOTA.
VTC Address: Vo1ycswdDkqfFRHLsQ6pX9xoKkbevyTxLJ
think 18000 is bad? i just lost 2m shares for .04 MONA.
balance is sluggish at best. It only updates at the least 4 hours at the moment. Plus hash rate doesn’t match the payout rate on monacoin. Hope the software update comes soon.
@Jaccob: Balance is not sluggish. It takes 102 confirmations after a block is found to make it eglible for payout, where one confirmation equals a block. 102 blocks take a couple hours to get mined. You can confirm that yourself using any public blockchain explorer for your coin. This works the same for every pool - unless they are taking the risk of paying out orphaned blocks in which case the pool operator would have compensate the pool for the full block reward from his own funds.
BTW, LTC is up over 50% today as compared to the U.S. dollar at $216.
4 days without a single payment
not enough balance
of course not enough balance, I'm not being credited for my work! please, read the first post.
What's your MONA address? Maybe when the "Poolmining Support" gets here, he'll be able to take a look at it...
there is a difference between "no payout" and "no balance" .. you first accumulate balance under the minimal payout value before a payout... but yeah you need to provide more info than just a rant
wallet address
when did you start mining
when did you end mining
did you interrupt miner at any time?
I received a payout for the 839526 block the pool found and intended to mine at least until the pool found another block. I stopped when I made the comment above because the pool was not recording my work any more. I did see an unusual difficulty connecting once or twice yesterday morning (in red) and took a snapshot (see below). How about some credit for my 4,625 mined shares shown on this screen?
Everybody gets a fair reward for their shares under the PPLNS scheme. Some shares might be silently dropped if the shares needed to find the block exceed the expected number of shares for the given difficulty. This is not a Pay-per-share scheme.
So I checked the times you made that first comment, it appears that the last block found by VTC pool at that time was the one with 183% effort, which in simple terms means 83% of the shares were silently dropped based on where in the stack they were. It's highly likely that this is why you were seeing such a low payout and it is absolutely correct. Then you stopped mining and the next block was found the following day with a 91% effort. You would have been rewarded for all your submitted shares for that block, since you have stopped you obviously lost on some potential rewards though.
The problem with your screenshot is that even zoomed you cannot read a thing. Any chance for a bigger version?
Even bigger. You can see I am running 8 1070 TI Nvidia cards (0-7). Most of the time my miner was showing a hashrate of 268 and the pool website was only showing a hashrate of about 100 MH/s.
Your shares were recorded correctly. The hash rate number on the pool stats was a known bug that did not affect the payouts at all.
Then at least 4,625 shares were recorded correctly and completely dropped by the pool. How is that fair? You just acknowledged I contributed to finding a block, but received nothing in return.
If they were dropped, it's likely because of the explanation I gave in the earlier comment. Quoting:
Please send an email with your address and your expected earnings to info@poolmining.org and we'll get that sorted.
Keep it, you must need it more than I do.
This pool did not report my hashrate, shares or balance after mining for the better part of the day after a block is found, so I stop, and receive no credit whatsoever for the work? Nobody but you think that is fair. The way this pool has implemented the PPLNS payout scheme means there is always a chance the miners will get screwed out of any benefit for hours of mining!
In the larger sense it does not matter. It is at least TEN TIMES more profitable mining ETH on Nanopool than mining VTC here with the same rig. Plus I never have to argue with Nanopool over unfair treatment.
Look, I mine both ETH and VTC and at the moment I am getting more reward for mining VTC, simply because the blocks are found more often than the ETH blocks at this pool. I have mined ETH previously at Ethermine and I felt my payouts were just fine. I came here, got lucky with two blocks in a short succession (variance) and I am in no way claiming Ethermine is unfair because I earned less there than here. Taking into consideration, Variance, PPLNS, the payouts are fair everywhere over a long period of time. You've been here short, for one or two blocks, claiming unfair treatment. Pardon me saying this, but to me it sounds like you just don't understand variance and how PPLNS really works. The way PPLNS is implemented here is the same way it is implemented anywhere else. The only thing that can differ among pools I guess is the size of the window, but that again would not screw anyone over a longer period of time.
Also mining ETH is definitely more profitable now considering the price change and VTC halving.
I am sorry, but these two comments are not consistent:
"I mine both ETH and VTC and at the moment I am getting more
reward for mining VTC"
"mining ETH is definitely more profitable now"
The second comment is correct.
I am talking about actual payouts based on variance, not about profitability per se. I got paid out several blocks for VTC over the past few days, while only one uncle for ETH.
Profitability is all that matters because you can buy VTC, think about it.
I am not claiming otherwise.
Yes you were. You wrote, "I mine both ETH and VTC and at the moment I am getting more
reward for mining VTC." You are NOT getting more reward for mining VTC, at least not in the way any reasonable person would define "reward."
I claimed that "at the moment I am getting more reward" which is technically true. In absolute terms at this given moment, the paid out reward for me is more than in ETH, because of variance in finding the blocks. Of course over a longer period of time, ETH with the current profitability will yield more reward. Did I made myself more clear?
You are a bullshit artist and nobody is buying your crap. Your "at the moment" is irrelevant because there are lot more folks like fmininer and I whose "moments" were marked by very low reported hashrates, lost shares and no fucking payout for work done. Mining ETH is many, many times better than mining VTC here by any reasonable standard.
Hey I tried to keep it civil here with explanations and arguments. I'm just a fellow miner and I don't need to hear out accusations, so thank you for the discussion.
You are the local bully and apologist for the broken system here. You run around blaming everyone for not reading the FAQ or understanding how PPLNS really works when blatantly unfair results are occurring.
In n fact I discovered that this is really a "Low Fee" pool, as advertised.
Unfortunately it seems that the meaning is that the fees payed to the miners are very very low ;)
Maybe I will start my own pool. Unlike this one, it will be based on the fundamental premise that if you do real work, you deserve a portion of the profits and no bullshit artist is going to take them away from you.