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December 01, 2016, 05:22:28 PM |
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To those complaining about Dwarfpool payment scheme:
HBPPS and PPLNS are done to prevent poolhopping (switching pools base on how long they have been mining current round, increasing your own profits). This is trivial task to automate.
If they don't limit poolhopping, it is worse for you anyway, guaranteed. If they do prevent it, it is possibly bad for you certain hours, but it would also be bad if they did straight proportional. If it takes them 4 hours to find a block (bad luck), when it on average would take them 1, you are getting 1/4 avg profit, which is less than you would want anyway.
With HBPPS or PPLNS, you get better returns long run, since pool hoppers don't profit. If it is a small pool, there is more variance, but this will be the case with other schemes as well. Straight PPS pools have higher fee due to higher risk. Mining is about the longterm, so even if pool only finds 3 blocks per day, over the period of like a week or a month, it will average out, some days they find 8, some they find 1.
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