Why is the mining pool hashrate less than the local hashrate of the mining machine?
Share:

During the mining process of miners, the hashrate shown by the mining pool may be lower than the local hashrate of the miners. There are several reasons for this situation.

The following are some common scenarios:

I. Different Calculation Methods for the Local Average Hashrate of Miners and the Average Hashrate of the Mining Pool

The local average hashrate of miners refers to the average hashrate during the operation time (usually the average hahsrate within a few days). The daily hashrate statistics of the mining pool is the average hashrate in the past 24 hours counting from the current moment. If the miners have not been operating for a full 24 hours, the local hashrate of the miners will usually be higher than that of the mining pool.

Meanwhile, the real-time hashrate of the platform mining pool is calculated based on the average hashrate in the most recent ten minutes, while the miners in the hands of miners may display the hashrate with a refresh frequency of every five seconds. Therefore, this situation may also lead to differences in the hashrate data between the mining pool and the miners. Under normal circumstances, the difference between these two data sets will not be too large. However, if there are significant fluctuations in hashrate due to the machines themselves or other external reasons, the difference between these two data sets will become relatively large.

II. Low Firmware Version Leading to Incompatibility and Lower Computing Power

If the firmware version is too low, it may cause incompatibility between the mining machines and the mining pool, which in turn leads to the problem of decreased computing power. Therefore, it is recommended to download the latest firmware version in a timely manner through the official website of the mining machine manufacturer or contact the customer service of the mining machine manufacturer for support.

III. Regular Network Latency

Regular network latency may cause a certain proportion of the computing power to become ineffective during the process of submitting the computing power from the mining machines to the mining pool. This situation is quite common, but usually it will not have a significant impact on the overall computing power of the mining machines.

IV. Rejection Rate and Hardware Settings

When the deviation between the local computing power of the mining machines and the computing power of the mining pool is too large, it is necessary to check the rejection rate and hardware settings.

1. If the rejection rate is relatively high, it is generally due to network problems, resulting in the mining pool actually receiving lower computing power. In this case, it is necessary to check the network facilities, such as broadband, routers, switches, network cables, interfaces, etc.

Note: If there are no problems with the mining machine configuration and network connection, but the rejection rate remains high, please submit a work order to contact us.

2. If the rejection rate is normal, then it is necessary to check the mining machine hardware (for example, there are too many hardware errors) and the overclocking situation. You can try restarting the mining machines, replacing the computing power boards, reducing the frequency, etc. to solve the problem of large computing power errors. 2. If the rejection rate is normal, then it is necessary to check the mining machine hardware (for example, there are too many hardware errors) and the overclocking situation. You can try restarting the mining machines, replacing the computing power boards, reducing the frequency, etc. to solve the problem of large computing power errors.