pool.burst-team.us payout confusion
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@RichBC does the pool operator just keep the block reward fee?
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Some do some don't not sure which is which. I have personally checked ninja and EU for the correct share payouts. They were correct as far as I was concerned.
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@iKnow0 Not saying that / don't know.... But I have tried to work out the detail before and got close enough to feel "happy" but have never been able to get the numbers to add exactly. However an addition of the Rewards adds exactly to 60% & 40% of the Block reward - Pool fee of 2%.
Sort of makes sense that the calculation for the columns comes off a fixed rather than variable amount but if and how the Transaction fee is added back into the equation I am not sure, just retracing some of my steps.
Also very relevant with the Rain as in can these Days be quite large.
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@RichBC said in pool.burst-team.us payout confusion:
@iKnow0 @BurstMiner1 I am not sure if this affects your calculation but the Total Reward in the Current and Historic Share Columns does not include the Transaction Fee, they add up to the Block Reward - the Pool Fee of 2% (2146 * 0.98 = 2103)
Rich
Ok so just to be clear that reward of 2103 is the set maximum reward to be split between historical and current, as the pool fees are the first adjustment? The "Transaction Fees" are a second adjustment? 2103 - block fees = the 60/40 ratio for current and historic respectively? If not where do the block fees adjust any total?
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@BurstMiner1 All I am saying is that the displayed Reward Columns, Current and Historic add up to 60% & 40% of 2103.
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@RichBC said in pool.burst-team.us payout confusion:
@BurstMiner1 All I am saying is that the displayed Reward Columns, Current and Historic add up to 60% & 40% of 2103.
Ok thanks Rich. I suppose the consensus is that only haitch can answer where block fees factor in as the setup is different from pool to pool?
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@BurstMiner1 No, only Catbref who wrote the pool code would be able to answer it with certainty - I don't know.
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@haitch You should mention him then xD
@catbref can you elaborate man?
EDIT: well he is not online for more than 1 month but he was around Alttech some time ago and came here to the forum too... xD
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@haitch Really? Another part of the process that has no transparency? Not surprised to be honest.
If you could run that query when you find the time it would be appreciated. I'll factor in the block fees in multiple ways and see what happens.
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@BurstMiner1 I'm not a coder - if you want a copy of the pool source code so you can definitively let us all know, I can send it to you.
Data below - note that from my observation of the last couple of blocks, the historic amount added to the payment appears to be the value at the time of the calculation - four blocks after the winning block, not at the time of the block.
| 331144 | 18412210141346961862 | 6097204355 |
| 331147 | 18412210141346961862 | 359859275 |
| 331148 | 18412210141346961862 | 378787450 |
| 331151 | 18412210141346961862 | 368309519 |
| 331179 | 18412210141346961862 | 295771001 |
| 331214 | 18412210141346961862 | 68196850 |
| 331215 | 18412210141346961862 | 63576230 |
| 331217 | 18412210141346961862 | 73401998 |
| 331223 | 18412210141346961862 | 394579565 |
| 331235 | 18412210141346961862 | 280477720 |
| 331242 | 18412210141346961862 | 481053186 |
| 331244 | 18412210141346961862 | 290190633 |
| 331253 | 18412210141346961862 | 328204304 |
| 331261 | 18412210141346961862 | 324042198 |
| 331270 | 18412210141346961862 | 154361410 |
| 331272 | 18412210141346961862 | 188285944 |
| 331288 | 18412210141346961862 | 383278732 |
| 331292 | 18412210141346961862 | 462750876 |
| 331302 | 18412210141346961862 | 420289961 |
| 331323 | 18412210141346961862 | 403291305 |
| 331324 | 18412210141346961862 | 393186401 |
| 331341 | 18412210141346961862 | 1573288116 |
| 331344 | 18412210141346961862 | 1580526093 |
| 331370 | 18412210141346961862 | 2035563068 |
| 331374 | 18412210141346961862 | 1964674823 |
| 331383 | 18412210141346961862 | 1978366329 |
| 331395 | 18412210141346961862 | 683327721 |
| 331397 | 18412210141346961862 | 201426716 |
| 331399 | 18412210141346961862 | 235212068 |
| 331403 | 18412210141346961862 | 260380017 |
| 331422 | 18412210141346961862 | 187525535 |
| 331452 | 18412210141346961862 | 1281779246 |
| 331461 | 18412210141346961862 | 1505618400 |
| 331476 | 18412210141346961862 | 1184693975 |
| 331482 | 18412210141346961862 | 1083226521 |
+---------+----------------------+--------------+
3564 rows in set (0.92 sec)
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@haitch Can you observe whether block 331148 calculated historical shares 4 blocks afterwards or at the time of completion?
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@BurstMiner1 No, I can only observe them at the time of calculation based on what I would have been paid based on the historic share at time of calculation vs time of winning the block.
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@haitch Well I've done the calculations, however due to the story changing in this circus time after time I can't really use it as evidence. That being said, the results I have are still out. Sorry if you are taking this personally, but I find it amusing that BURST literally has no accountability and thus transparency. How can I ever work it out? I don't think it's ever going to be possible.
Even if I was to prove my point who is going to do anything about it? Where would I take the issue? I suppose no one really knows. Funny that.
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@BurstMiner1 @Catbref wrote the pool - I really don't know how it pays out, I only know what I have been able to see for my self.
On an earlier block i had, the deferred reward increased by my earnings on the current block + historic shares on the current block when the calculation was done.
I'm not taking it personally, but these pools have been in place for years - and if the pool operators were stealing from the clients, someone would have noticed by now. I personally earn nothing directly from the pools - all the fees go to the BurstTeam asset. In actuality, when the pools mine orphan blocks, the coin that recompenses them comes out of my own personal wallet - I'm losing money to keep the pools honest. This is not a lack of transparency - it's the person that can provide the transparency and answer your questions just doesn't seem to be part of the community anymore.
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@haitch I don't want any arguments but it shouldn't be a case of "someone" is missing so no one knows what's going on. If you can't see exactly what's happening in your own pools' accountability then I obviously have a twisted idea of what transparency really is. I look forward to @catbref returning, if it ever happens.
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@BurstMiner1 said in pool.burst-team.us payout confusion:
@haitch Well I've done the calculations, however due to the story changing in this circus time after time I can't really use it as evidence. That being said, the results I have are still out. Sorry if you are taking this personally, but I find it amusing that BURST literally has no accountability and thus transparency. How can I ever work it out? I don't think it's ever going to be possible.
Even if I was to prove my point who is going to do anything about it? Where would I take the issue? I suppose no one really knows. Funny that.
With a pool you have to trust the owner/operator. When people open a new pool, I'm surprised by the miners that just flock over to try the new "restaurant" in town to see what's on the menu. The owner.operator rarely, if ever mentions where the block transaction fees go or what the big miner "skew" is. They just clone an existing pool, possibly change the code for the 60/40 split and the big miner skew, open doors for business.
To eliminate some of these unknowns, you can always go solo. You will definitely see your wallet balance increase by exactly the block reward and the total transaction fees for the block when you forge a block.
Remember that in the long run, pool or solo, regardless of the size of your mining farm, you will get your share of the block reward and fees proportional to your farm size divided by the average net difficulty over the time you are mining. The only difference is that solo, you don't pay a pool fee and you definitely get the block transaction fees.
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@BurstMiner1 okay - all pool owners that cant exactly explain how your pool pays out - please shut it down.
The pools payouts have been reviewed repeatedly, and have found to be honest. If you don't believe the pools - go solo, theoretically you'll earn (mining pool fee percentage) more - you might just go days/weeks/months without a payment.
I cannot verify how the pool pays - therefore we need to shutdown ? I can't answer some specific questions about the pool. If that's not satisfactory to you, vote with your feet and mine solo or elsewhere.
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@haitch send me a copy of the source i will see if i can figure it out.
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@haitch You are jumping to conclusions. I never said that pools should shut down. That's something you have come up with. I did however say that I find it amusing, and still do.
@rds Thanks for the input. The reason I am chasing my suspicions up is that it has been a concern of mine before jumping in with a bunch more drives. Perhaps you are right, I should go solo once this happens, or just join ninja, something like that would probably work I will fit the criteria without issue.
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@BurstMiner1 i believe the payouts to be fair, they might not be perfect, they maybe perfect, but one thing is for sure they are not that far off from perfect in my experience.


