Change in way average earnings are displayed
Posted: Mon Feb 16, 2015 5:15 pm
Regular miners may have noticed that the "average earnings" at the top of the site and at /exchange/instantProfitability have remained the same, even though new coins have incrased profitability. The difference comes from how these figures are calculated with the latest release.
Previously, these numbers represented the theoretical maximum that a miner would achieve if there were no network latency, no rejected shares, and if work restarts did not slow down the miner. Now, these numbers represent the actual payout that the average miner on the pool earned, after all of these problems are accounted for. The new numbers are a more accurate indicator of earnings potential for all but the most fine-tuned miners, who will earn more than these figures.
We believe that the new method of reporting is more fair because it represents what someone who connects with an average amount of mining experience can expect to earn. However, the figure will be reported to sites like PoolPicker at a lower rate, so people who decide which pool to choose based on PoolPicker's calculations need to investigate how each pool is computing its earnings figures.
Previously, these numbers represented the theoretical maximum that a miner would achieve if there were no network latency, no rejected shares, and if work restarts did not slow down the miner. Now, these numbers represent the actual payout that the average miner on the pool earned, after all of these problems are accounted for. The new numbers are a more accurate indicator of earnings potential for all but the most fine-tuned miners, who will earn more than these figures.
We believe that the new method of reporting is more fair because it represents what someone who connects with an average amount of mining experience can expect to earn. However, the figure will be reported to sites like PoolPicker at a lower rate, so people who decide which pool to choose based on PoolPicker's calculations need to investigate how each pool is computing its earnings figures.