Mining Experience after a week

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This topic contains 40 replies, has 2 voices, and was last updated by  Dexter 10 months, 4 weeks ago.

Viewing 15 posts - 16 through 30 (of 41 total)
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  • #683 Reply

    Nick

    Thanks Dave.

    #684 Reply

    Jason

    How’s it going? Are you all figuring out what the mining problem is? Do you need any resources to help with it?

    Thanks,

    #688 Reply

    nikopol

    mining with their own mining platform also in the process of correcting? Very expect.
    Thank you for your work! good luck!

    #1367 Reply

    Kayihan

    Fri, 06 Oct 2017 16:50:26 GMT 0.005 JSE Platform Mining
    Fri, 06 Oct 2017 16:27:25 GMT 0.005 JSE Platform Mining
    Fri, 06 Oct 2017 16:24:55 GMT 0.005 JSE Platform Mining
    Fri, 06 Oct 2017 16:21:25 GMT 0.005 JSE Platform Mining
    Fri, 06 Oct 2017 16:13:25 GMT 0.005 JSE Platform Mining
    Fri, 06 Oct 2017 16:05:29 GMT 0.005 JSE Platform Mining
    Fri, 06 Oct 2017 16:04:26 GMT 0.005 JSE Platform Mining
    Fri, 06 Oct 2017 16:01:25 GMT 0.005 JSE Platform Mining
    Fri, 06 Oct 2017 15:55:25 GMT 0.005 JSE Platform Mining

    I have solved approximately 50 hashes between 16:27 and 16:50 GMT and I was rewarded only a single 0.005 JSE for all that hash and time. And now it is 16:56 GMT and still a single 0.005 JSE which was rewarded at 16:50 for 23 minutes of maximum rate hashing (constant 3300-3400 hp/s). Is there anything wrong with the JSE Coin servers?

    Currently I have got 17 x 0.005 per 120 hashes. That’s 0.005 JSE per 7 hashes. It also equates to 1400 hashes per 1 JSE. I thought it was 200 hashes per 1.00 JSE. Is there anyone who could further inform/clarify me on this matter?

    #1368 Reply

    Denis

    I also noticed error in this self-mining. I think there is a lot of bugs.

    Today I have 241 hashes and earned just 0.625, but 241 x 0.005 must be 1.205.

    I hope this things will be fixed soon. Also sometimes I see some green message (some server issue – larger amount of users or something like this).

    I hope also rewards from self-mining will go up soon.

    #1369 Reply

    JS

    I see the same payout ratio problems as Kayihan and Denis above. I have posted about it twice before on the forums with no response. The ratio has been steadily declining all week.
    As of today after a week of mining I have found 11169 hashes and total payout is only 8.965. this is roughly 16% of what should have been paid out according to what is posted. This also matches the 1/7th ratio Kayihan has observed.
    I expect that there will be some amount of hash collisions where users find hashes before a solved block has been updated but that does not seem to account for this level of missed payouts.
    JSE developers/admin could you please address this? It is clearly not a one-off problem with platform mining since multiple people are seeing the same issue.

    #1371 Reply

    Sergey L.

    I agree. My server finds far more hashes than the balance of reward
    Either there are a lot of hashes, which on the whole are conflicting and it is not displayed. Either there is a significant loss in payments
    Now a day produces about 1 JSE when found 1k hashes! Which is almost 7 times lower 🙁

    #1372 Reply

    Denis

    I hope these things will be solved soon. Now we have a lot of coins lost.

    I think admin will tell us what is happening soon.

    #1374 Reply

    Dave Mallett

    Thanks for your posts regarding this.

    Finding a valid hash doesn’t guarantee you a JSEcoin payout. Each valid hash earns you a ticket into into a lottery system where 50 winners get rewarded a 0.005 JSE token. This lottery takes place every 30 seconds, with a new 50 x 0.005JSE available each time. This adds up to 770JSE available each day. Currently users are receiving roughly 1 payout per 10 hashes. The more users mining will increase the difficulty, meaning you will receive fewer payouts.

    #1377 Reply

    Denis

    Now it’s clearly how this works. I hope you will increase revenue from self mining in future.

    #1398 Reply

    alex

    c 7 the number of hashes is not considered, and no credited service died

    #1399 Reply

    sun

    Is it 50 unique users? Can a user win more than 0.005 JSE per block? It looks like only 0.005 JSE per block if you win the lottery.

    So, in a 24 hour period, you can mine at most 3.85 JSE (770 * 0.005 JSE)?

    #1402 Reply

    James

    Hi Sun
    That is the maximum possible but with so many users online we have found its hard to mine more than 1 JSE per day using the self-mining. Now if you believe JSE will never be worth more than a dollar or don’t believe it will take off then this is obviously a waste of time. Our early adopters are hoping that the currency will increase in value once listed on exchange and that will make it worthwhile. It’s worth noting that it will only get harder to mine using a browser, figures quoted last week aren’t relevant today because of the fast user growth. We are up to 18,000 users now and that figure is increasing daily. The same mining reward has to be distributed as fairly as possible between all the users. We are unable to significantly increase the total mining rewards at this time because that would inflate the coin circulation. This would make it harder to achieve a possitive return for investors after the ICO.

    #1415 Reply

    Tom

    James,

    I desperately need help in getting my account reconnected.
    I have been offline since last month?
    I’m no longer any emails from JSE? You seem to have lost my account.

    #1416 Reply

    Tom

    typo
    Not receiving any emails?

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