Author

Topic: - (Read 1108 times)

full member
Activity: 168
Merit: 100
-
September 26, 2011, 09:01:57 PM
#10
btcguild is good.. you can mine with 0% fee but you will have to wait a few hours for confirminations, sometimes 1/2 a day later. There used to be a couple, like https://www.nofeemining.com/ but it's dead. So yea best alternative is BTCguild.com
vip
Activity: 980
Merit: 1001
September 26, 2011, 08:57:17 PM
#9
This its going to sound noob ish and it is but what is a bit coin pool
it is a place for bitcoin miners to share in finding blocks and share in the rewards, as opposed to solo mining , which as name implies means you are going it alone Smiley
newbie
Activity: 9
Merit: 0
September 26, 2011, 08:13:45 PM
#8
This its going to sound noob ish and it is but what is a bit coin pool
legendary
Activity: 1512
Merit: 1036
September 26, 2011, 07:16:59 PM
#7
Yes, there are. There are a few that even pay the transaction fees earned out to miners, so you make the same estimated rewards as if you were mining solo. See my sig.

How does your pool compare to Slush's pool?
It's not my pool, I just mine there and find it good enough to recommend.

mineco uses PPLNS (pay-per-last-N-shares), a payment system where the work submitted in the last 12 hours or so is considered when splitting rewards when a block is found - on average every 24 hours at the current hashrate (without getting technical).

Slush uses a round system where only work you have done since the last block was found is considered, and it uses a formula where older work is valued less. The formula isn't good enough to make it completely hopper-proof though, the fee is 2% and they keep the earned transaction fees. They have a higher hashrate, so you get more frequent smaller payments.

ozco sounds like a deal if they are going to pay out 55BTC per round for the next several rounds though.

Here is a comparison of mining pools.
member
Activity: 112
Merit: 10
September 26, 2011, 10:34:32 AM
#6
Yes, there are. There are a few that even pay the transaction fees earned out to miners, so you make the same estimated rewards as if you were mining solo. See my sig.

How does your pool compare to Slush's pool?
vip
Activity: 980
Merit: 1001
September 26, 2011, 07:45:57 AM
#5
Yes, there are. There are a few that even pay the transaction fees earned out to miners, so you make the same estimated rewards as if you were mining solo. See my sig.
another one - see my sig Cheesy
from the next round we are paying out 55BTC per round for the next 10rounds
Also members have been donating to a Block finders bonus and I have been matching the first 2 BTC Smiley
legendary
Activity: 1512
Merit: 1036
September 26, 2011, 01:41:44 AM
#4
Yes, there are. There are a few that even pay the transaction fees earned out to miners, so you make the same estimated rewards as if you were mining solo. See my sig.
sr. member
Activity: 305
Merit: 250
Trust but confirm!
September 26, 2011, 12:23:45 AM
#3
ABCPool.co and it also pays for stales too ;-)
full member
Activity: 235
Merit: 100
September 26, 2011, 12:11:29 AM
#2
BTCGuid in one i use http://www.btcguild.com/
they have option to donate in percentage
I would suggest doing so but it is not compulsory
after all the pool operator has to make some money
also it reliable
newbie
Activity: 4
Merit: 0
September 25, 2011, 10:25:59 PM
#1
-
Jump to: