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What is effort %?
Just wondering what this actually represents. For some blocks it's well over 100% which intuitively seems impossible. Can someone give a simple example of how it's calculated and what it actually represents?
Customer support service by UserEcho
To add, I mostly mine in the Monacoin pool.
100% effort is the expected time it takes to find a block given the pool's hashrate and the network's difficulty.
If it is <100%, this means the pool found the block faster, using less effort than expected. Shares are the unit of effort. If the effort is <100%, some shares from previous block(s) are also included in the reward calculation given this is a PPLNS pool. See round 2 on the graphic in the FAQ.
If it is >100%, this means the pool found the block later, using more effort than expected. If the effort is >100%, more shares were generated than are used for reward calculation, and as a result of PPLNS, the shares early in the stack are silently dropped and not considered in the reward calculation. See the 5th round on the graphic in the FAQ.
If the shares are dropped, would that mean that one does not get payed for their work?
yes
Thanks for the explanation, that make sense.