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What does "effort" mean?


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On the site I can see some "effort" value in %. Some pools have similiar value called luck. Are they the same thing? And what do they mean? Higher - better? Or the other way around?


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Wor3d
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Pool / block "Effort" and "Luck" are different names for the same thing. We prefer to call it effort, as it is more descriptive. Block effort refers to one block only, overall/pool effort refers to averaged last block efforts. Current effort refers to block that is being mined right now (real-time effort, so to say)

Effort is measure how many hashes our pool made to find a block. If a block was found exactly when predicted (based on global hashrate, pool hashrate and block time/difficulty). Each block has its own "luck". Longer block = higher effort. Efforts more than 100% means we were unlucky, efforts less than 100% mean we were lucky and found a block sooner than expected.

If the pool functions properly, the overall effort tends to go and stay around 100%.

Pool having lower/higher effort does not tell about its quality or future luck!

Mining is very unpredictable, and sometimes we may have few blocks in a row with high effort (even as high as 300%+). This is normal and expected. We can also get a few blocks with extremely low effort. So the short-term incomes may vary. Again, if you are mining for a long time in the same pool, you are only concerned about the overall averaged effort.

effort.png


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Wor3d
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