Back in May I was mining on lightcoinpool at a hashrate of a little over 1700mh/s and getting payouts of .3 LTC per day.
I added an L3 miner and now my hasrate is up to about 2200mh/s. However my payout has dropped to .2 LTC per day.
Is this normal? Why is this happening?
Thanks in advance.
Checkout the PPS back in may.
What is the PPS ratio?
Short answer: all else being equal, the higher the PPS ratio, the more litecoins you earn.
Long answer: a PPS ratio of 1 (or 100%) corresponds to the expected earnings of a Litecoin solo miner in an ideal world, without taking into account aspects such as orphaned blocks. (In practice, a Litecoin solo miner will always achieve a slightly lower ratio in the long run.) We say “expected” earnings because mining is a stochastic (random) process, and it is therefore impossible to know beforehand exactly how much a miner will earn in a given amount of time.
Thanks to merged mining, the pool can achieve PPS ratios higher than 100%.
Also, difficulty may have gone up since last time you mined, thus getter a smaller yield.