Share your stats here - see below for format.
I haven't seen any good stats comparing earning performance on various pools, as a function of hashrate and using current difficulty/block time. I thought I'd start a thread to compile some of this information. If you know of something equivalent that already exists, please let me know.
I think it makes sense to use ratios to describe the performance, so that no one has to disclose actual earnings and/or hash power. And also, to use current network difficulty in figuring out the Daily Earnings, so we control for difficulty over time.
I suggest this:
Name of Pool:
Average/Reported Hashrate:
Actual/Expected Daily Eth Earnings:
My stats:
Name of Pool: Ethermine.org
Reported/Average Hashrate: 0.892
Actual/Expected Daily Ether: 0.663 (I would love for this to be higher)
A few notes to clarify how to do this:
Average/Reported Hashrate -- just divide your Reported rate by your Average rate as reported by your pool. This results in a decimal; the closer to 1.0, the better (I think).
Actual/Expected Daily Ether ratio:
a. First, figure out your daily ether earn rate, IN ETHER (not USD). My pool just gives me a number on the Payouts page. If your pool doesn't you may have to do a little math to figure it out. This is your Actual daily earn.
b. Now, calculate Expected Daily Earnings using the Etherscan mining calculator. Enter your REPORTED hashrate, i.e. the one from the Average/Reported calculation above. Don't change anything else. Press Calculate, and get the value Ether Earned Per Day (NOT USD Value)
I haven't seen any good stats comparing earning performance on various pools, as a function of hashrate and using current difficulty/block time. I thought I'd start a thread to compile some of this information. If you know of something equivalent that already exists, please let me know.
I think it makes sense to use ratios to describe the performance, so that no one has to disclose actual earnings and/or hash power. And also, to use current network difficulty in figuring out the Daily Earnings, so we control for difficulty over time.
I suggest this:
Name of Pool:
Average/Reported Hashrate:
Actual/Expected Daily Eth Earnings:
My stats:
Name of Pool: Ethermine.org
Reported/Average Hashrate: 0.892
Actual/Expected Daily Ether: 0.663 (I would love for this to be higher)
A few notes to clarify how to do this:
Average/Reported Hashrate -- just divide your Reported rate by your Average rate as reported by your pool. This results in a decimal; the closer to 1.0, the better (I think).
Actual/Expected Daily Ether ratio:
a. First, figure out your daily ether earn rate, IN ETHER (not USD). My pool just gives me a number on the Payouts page. If your pool doesn't you may have to do a little math to figure it out. This is your Actual daily earn.
b. Now, calculate Expected Daily Earnings using the Etherscan mining calculator. Enter your REPORTED hashrate, i.e. the one from the Average/Reported calculation above. Don't change anything else. Press Calculate, and get the value Ether Earned Per Day (NOT USD Value)