I didn’t realise the reward window was every 8 blocks and yes, once you’ve entered your address I’ve understood the same as you. I’ve not set-up the Bolt 12 offer yet so not sure on the payout frequency.
Shares in Reward Window - I like to thing of this as my current “tickets” still inside the 8-block queue.
Estimated Rewards - An estimate of what those tickets are likely to bring in by the end of the cycle.
Estimated Earnings on Next Block – An estimate of what you’re likely get in the very next block.
With Lightning turned on, Ocean tries to pay you every single block, falling back to on-chain only if Lightning delivery keeps failing and you accumulate the minimum on-chain payout balance.
I did get a Lightning payment for the block Ocean found last night, but no payment as yet for the block they found this morning. It may be they have a “1 payment per 24 hours” schedule or something of that nature. Either way, happy it’s all set-up and payments have begun
There is a delay between a block being mined and receiving the lightning payouts, and the duration seems to vary a lot. It may have to do with channel re-balancing, a payout schedule, or some combination of operating processes. Not sure how they have it set up behind the scenes.
The current 8 block window is now 9 blocks, so it seems the solo-mined blocks do count for earnings but don’t count for the rewards window duration. If I’m right there needs to be 2 more pool-mined blocks.
From Ocean: Lightning payouts are made 30 blocks after an OCEAN block is found. However, Lightning payments are currently suspended while site maintenance takes place.
Fletcher, if you do see a lightning payout from Ocean, could you post an update here and let me know? With Pauls help, I got my issues fixed (i think!), but haven’t seen a payout yet. I might be in the same waiting window that you are. I haven’t seen any Lightning payouts yet, and it’s been a couple of days. I’m not certain if something is still incorrect for me, or it’s their site maintenance issue. I’m interested to know if and when it’s working for you though.
Great! Unfortunately, I think I’ve messed something up with my Bitaxe. For some reason, it’s running but it’s hash rate went to zero. I might have to try setting that up again and see if I can get it working together. I’m glad it’s working for you though!
Although I have lightning setup and currently get daily earnings I have a question about the Estimated Rewards In Window and Estimated Earnings Next Block - are they over and above daily payments and only payable if a full block is found. I’m confused about those digits. They don’t correlate with the Unpaid Earnings window.
The daily earnings estimate seems to be way off for me, and the number tends to fluctuate a lot. Do you mean you get paid daily earnings? I think I heard on a podcast that they work to an 8 (ocean) block window, and atm I’m waiting to see what happens when the 8th block is found (7 atm). If you look for the Ocean podcasts on YT and others that Mechanic has done you can pick up some info on how it works. I have not seen an official guide on exactly how payments work, which is frustrating.
I haven’t been on long enough to understand yet so my daily payout statement might be flawed although I put 2 additional miners onto OCEAN yesterday and received sats to my lightning channel 5 minutes after you posted a response to my query.
I re watched this video that had Mark Artymko and how he explains How TIDES works. Ramp up (8 blocks) and ramp down (8 blocks). Very interesting for sure. Below is his little diagram of how TIDES works:
There were 2 payouts today due to datum blocks being found. I think the line by the red arrow means it is the beginning of a reward window (which I think is 8 Ocean blocks). I don’t know if the block payout gets reset when that happens.
This is kinda of a punch in the face to scammy “hobby” miners just getting into mining.
Q. Is my [insert non-ASIC miner name, or old ASIC miner name here] fast enough to mine with TIDES?
A. TIDES does not care what kind of miner you use. If you’re submitting valid shares, they’ll be added to the share log. That said, you need a miner (or group of miners in aggregate) that can make the minimum payout threshold set by the pool in a time frame that’s acceptable to you. For things like CPU miners or scammy “hobby” miners, this will simply never happen in a person’s lifetime. Even some older ASIC-based miners may take months or years to reach the minimum payout set by a pool.
An aside to that last part above “months or years to reach the minimum payout set by a pool”. Bolt12 sidestep that of course.
Just an observation of mine to share : This might explain why when I just had 2 Bitaxes (2.4TH/s combined) in the pool their share rate, which is a function of the Estimated Rewards In Window, was very low compared until I added 2 Nano S3’s (12TH/s combined) in the same time frame. (see image) Now another question comes to mind… I wonder if Ocean considers the Nano 3 scammy miner Probably.
Probably.
