Why can't you mine efficiently, but just have your computing power stolen?

Anyone who has mined knows that the mining computing power displayed locally will never match the mining computing power displayed by the mining pool. There will always be a slight difference, more or less. This is related to the benefits of mining, and I believe every miner will be very concerned about it.

In the group, people often ask this question: Why is the local computing power different from the mining pool computing power? In this case, should we trust the mining pool or the local computing power? What is the normal difference between the local computing power and the mining pool computing power? Let's answer them one by one.

What is mining pool computing power?

The mining pool computing power is displayed on the query page of your mining pool, which is divided into total computing power and single mining machine computing power. Generally, the mining pool computing power is displayed as an average value, which is divided into 15-hour average computing power and 24-hour average computing power. At the same time, the mining pool also distributes income and settles wages to you according to this computing power, so this is the most important thing.

The local computing power will not directly affect your income. In theory, the higher the local computing power, the higher the mining pool computing power, and the higher the income. However, there are many other factors in between, which we will analyze below.

The relationship between local computing power and mining pool computing power

In fact, the mining pool knows your local computing power. Then why doesn’t the mining pool calculate according to the actual local computing power, but gives a separate mining pool computing power?

In fact, the relationship between miners and mining pools is equivalent to the relationship between employees and bosses. If you are paid directly based on your local computing power, it is equivalent to paying you per head because your 1M computing power may not be able to do the work of 1M computing power. This is obviously unfair to young, strong and good people, and it is not cost-effective for the boss of the mining pool.

Therefore, mining pools are like many companies. They quantify the work and use the calculation formula to determine how many calculation results should be submitted to the mining pool within 24 hours with 1M local computing power. For example, if there are 10,000 people in a factory who can produce 1,000,000 products a day, then the average number of products each person can produce is 100. Only those who produce 100 products will be counted as one person. The more you work, the more you will be counted, and the less you work, the less you will be counted. You will not be counted as one person's salary just because you work one day.

In terms of computing power, for example, 1M local computing power should calculate 10 results in 24 hours and submit them to the mining pool. The mining pool will convert it into 1M of mining pool computing power for you only after receiving 10 results. If it receives 9, then you only have 0.9M computing power in the mining pool. If it receives 11, the mining pool will show 1.1M computing power.

In short, the mining pool only looks at your final workload, not how much computing power you have. This is the difference between local computing power and mining pool computing power. Local computing power can only prove that you may do so much work, not the amount of work you have actually done, while mining pool computing power is proof of how much work you have actually done.

Possible reasons affecting mining pool computing power

1. Overclocking Factors

Because of excessive overclocking, the upper limit of the graphics card is reached, which may cause the graphics card to be unstable and calculation errors, and the mining pool may reject too high a share. For example: a person can only carry 100 kilograms of weight, which has reached the upper limit. Overclocking will have two results. This person actually only carried 80 kilograms of cotton, but it looked like 200 kilograms. You thought he carried more, but when the goods were delivered to the mining pool, they were weighed and still calculated as 80 kilograms, which is far from the 200 kilograms you expected. There is another situation. You overclocked, causing the person to carry 110 kilograms, which directly made him tired. It would be good if he didn't die of exhaustion, let alone work.

So how do you check for overclocking? If you look at the software log, there will be a prompt, and sometimes the computing power of the software will become 0 for a few seconds.
2. Network reasons <br />Although mining itself does not take up much network resources, the network is mainly used when accepting tasks from the mining pool and submitting tasks to the mining pool after calculating the results. However, the details are also terrible. For example, when you accept and submit tasks, it takes 0.001 seconds to complete under good network conditions, but it takes 0.003 seconds or more under poor network conditions.

The difference of 0.002 seconds may generate thousands of 0.002 seconds in a 24-hour period for an ordinary 6-card mining machine, which will cause a difference of about 1% or more in our computing power. The normal delay should be around 60ms.
3. Software Commission <br />Conscientious software charges around 1%, including the original foreign versions which also charge 1%. However, some domestic software charges very high commissions, and the commissions vary. I will not go into details here. Just remember, there is no free lunch in the world. If you believe in any rebate or no commission, you will lose more.
4. Stolen hashrate
1. The mining software steals your computing power. When the software itself claims that it does not charge or charges very little, the computing power that is actually secretly cut away far exceeds the computing power that is claimed to be charged. I think this is stealing.
2. Without your knowledge, a Trojan program is installed in the system, and all your mining actions are monitored, stealing part of your computing power, causing your mining pool computing power to be greatly reduced.

Since the mining machine itself cannot be installed with antivirus software, and because the normal mining program will also be misjudged by the antivirus, what we can do is not to download software of unknown origin, and do not believe in the so-called free or refund software. I believe that people with normal judgment know that not only do they not charge you for developing a software, but they also give you money. Moreover, they spend a lot of energy and manpower on this software and promote it everywhere, for fear that you will not be able to use it. What do you think they are trying to do? They are really idle.

There are many free software on the Internet, but none of them can be used for commercial purposes. Even if Baidu QQ and other software are free for you to use, they still rely on selling advertisements to make money. Once again, I would like to remind all mining friends not to be greedy for small gains and suffer big losses.