I have around 1.3 THs and have been w/ Slush since I started mining in the summer of '13....the past few weeks have been extreme highs and lows.. If folks are jumping ship, where are they going? What advantage is there to go somewhere else? We are now back over 830Ths...we continue to have bad luck...thoughts?
Eligius, BTC Guild, etc. Probably larger pools where they find more coins but pay proportionally less having more members to do so. Evens out the highs and lows through volume of blocks. I kind of like the roller coaster myself. Brings out the good and bad in everyone like a Bitcoin mining soap opera. Over time it's all the same IMHO. There's no magic pool or else everyone would be there.
i like the highs and lows as well. . then you get the emotion of the good and bad (and something to talk/whine about as well). . The only drawback I see to it is that if you get a portion of bad luck while your mining is "relevant" - then it may not work out to be the same. . Of course, the good luck works in reverse. .. . .
For instance, if you get back luck for a month while difficulty is workable (say now) and you 1/2 of the coins you normally do, and then good luck next month, when the difficulty has risen three times, and you get double the coins next month - the math doesn't quite work out. . . 1/2 of more coins vs double of less coins is not so good. .
Of course the reverse could also happen and we can't predict where the good luck or bad luck is going to happen and where, but unfortunately to me, it doesn't look like it'll all work out to be the same. So, there also is a relevant argument for more consistent payout pools that hash more and pay out consistently as you take some of the variance out of play. . again, you'll lose out on some good luck but smooth out the bad luck.