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janfiedler / mineiota

IOTA Faucet - Get IOTA through mining Monero and PIVX staking pool
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PIVX Shares #89

Closed animalmike closed 6 years ago

animalmike commented 6 years ago

Hi

I've noticed that I haven't been accumulating PIXV shares for the last few days - is there an issue? (Or just getting on with real life?)

janfiedler commented 6 years ago

Hi, PIVX shares now you get only from jackpot. The main objective is to achieve the lowest fees with a clear structure. This is why the jackpot is no longer funded from user profits. Also PIVX shares bonus.

But for those who are interested get passive income iota through pivx shares, I'm working on withdrawal option your hashes to pivx shares. And it comes also with possibility exchange pivx shares to iota. I hope this will be ready soon.

animalmike commented 6 years ago

Hi

thanks for coming back to me.

I'm not sure this is a very equitable way of rewarding miners. Seems like those with small amounts of power switched on 24/7 will disproportionately be rewarded compared to people with more power switched on for shorter periods.

I really liked how it worked before rewarding both mining and with a jackpot.

Hey, it's your thing though.

Keep up the good work - thanks!

janfiedler commented 6 years ago

First of all, thank you for your thoughts and support.

Jackpot is just for fun rewarding everyone with minimal speed 10 hashes per second. Jackpot is build by reward from mining with my hardware. I thinking take some % from jackpot and split it to every online miners equal to their speed.

Pivx share bonus reward was taken from your total reward. So you was geting 99% iota and 1% of pivx shares. Now you get 100% in iota. But in future you will have option to choice how much % get in iota and how much % in pivx shares. So i think this is much better for user choice based on their wishis.

janfiedler commented 6 years ago

Hi, it is done. Jackpot is now only 20% from budget. Rest 80% is split every minute to active miners as PIVX staking pool share bonus based on their total speed ratio (faster speed, greater reward).