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@ -14,7 +14,16 @@ function dopayout($data, $user)
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if (isset($data['info']['currndiff'])) |
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$nd = $data['info']['currndiff']; |
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$nv = number_format($nd, 1); |
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$nvx = number_format($N*$nd, 1); |
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$nvx = '<b>'.number_format($N*$nd, 1).'</b>'; |
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$phr = $data['info']['p_hashrate24hr']; |
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$hr = 'is <b>?</b>'; |
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$hrt = '<b>?</b>'; |
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if ($phr != '?' && $phr != '' && $phr > 0) |
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{ |
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$hr = 'for the last day is <b>'.dsprate($phr).'</b>'; |
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if ($nd > 0) |
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$hrt = '<b>'.howmanyhrs($nd / ($phr / pow(2,32)), true, true).'</b>'; |
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} |
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$pg = "<h1>Payouts</h1> |
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<table width=75% cellpadding=0 cellspacing=0 border=0><tr><td> |
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@ -28,7 +37,16 @@ The $n1 value the pool uses is $t times the network difficulty when the block is
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Transaction fees are included in the miner reward.<br> |
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Pool fee is 0.9% of the total.<br><br> |
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<span class=hdr>How do the payments work?</span><br><br> |
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<span class=hdr>PPL${n1}S acts like the reward 'ramps up' when you first start mining.<br>What actually happens?</span><br><br> |
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The $n means it takes that long to reward your shares.<br> |
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The ramp isn't missing rewards, it's delaying them to reduce variance.<br> |
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Each share is rewarded in all the blocks found in the $n after the share.<br> |
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That's simply how it reduces variance. Each share's reward is averaged out over the $n after it.<br> |
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The pool hash rate $hr which means the $n 'ramp' is roughly $hrt.<br><br> |
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Continue reading below for more detail about how it works:<br><br> |
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<span class=hdr>How do the <b>PPL${n1}S</b> payments work?</span><br><br> |
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The $n means the pool rewards $t times the expected number of shares, each time a block is found.<br> |
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So each share will be paid approximately $ot of it's expected value, in each block it gets a reward,<br> |
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but each share is also expected, on average, to be rewarded $t times in blocks found after the share is submitted to the pool.<br> |
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@ -48,7 +66,7 @@ A ckpool restart will also end the current shift and start a new shift.<br>
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A network difficulty change will also end the current shift and start a new shift.<br><br> |
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<span class=hdr>So, what's the $n value?</span><br><br> |
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The current Bitcoin network value for $n1d is $nv and thus $n is <b>$nvx</b><br> |
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The current Bitcoin network value for $n1d is $nv and thus $n is $nvx<br> |
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Bitcoin adjusts the $n1d value every 2016 blocks, which is about every 2 weeks.<br><br> |
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When a block is found, the reward process counts back shifts until the total share difficulty included is $n.<br> |
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Since shares are summarised into shifts, it will include the full shift at the end of the range counting backwards,<br> |
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