Author

Topic: 50BTC VS Deepbit (Read 1638 times)

sr. member
Activity: 384
Merit: 250
September 08, 2012, 01:45:12 AM
#11
One thing for sure with 50BTC is my system is producing less invalid shares then Deepbit!
hero member
Activity: 616
Merit: 500
September 07, 2012, 08:07:24 PM
#10
Between 50BTC and Deepbit? Would you say the two are comparable?

Comparable yes.

Both pay you X BTC per share of work your computer submits.

One just pays more than the other (50btc = more).

The amount you get paid per share for 50btc is 48.5 / difficulty = 48.5/2.6 million = roughly .00001865 per share.

vip
Activity: 980
Merit: 1001
September 07, 2012, 01:39:50 PM
#9
PPS is PPS, difference is fee
https://bitcointalksearch.org/topic/current-top-10-pools-current-pps-rates-updated-11232012-106417
lists pps pools and how much they pay
sr. member
Activity: 392
Merit: 250
September 07, 2012, 11:46:27 AM
#8
Between 50BTC and Deepbit? Would you say the two are comparable?
donator
Activity: 2058
Merit: 1007
Poor impulse control.
September 07, 2012, 11:33:33 AM
#7
Pool hashrate means nothing  Roll Eyes Choose a 0% fee pool and maybe one that pays out transaction fees too.

But don't choose a 0% PPS pool.

Apart from the downtime you might experience since the pool op isn't paid and needs to spend time away from the pool earning money, a 0% PPS pool is likely to become bankrupt at some point.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
September 07, 2012, 11:32:30 AM
#6
Not with PPS, and it seems you are looking for a pool with PPS

And anyway, if not PPS,  high variance doesn't mean lesser earning, there is also the chance to find more blocks in a short amount of time.
sr. member
Activity: 392
Merit: 250
September 07, 2012, 11:30:53 AM
#5
TRUE but reducing variance is a definite importance. Not finding a block can definitely mean lesser earnings.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
September 07, 2012, 11:28:49 AM
#4
lol can I ask where this wisdom comes from?

that's like saying hashrate doesn't matter at all

Don't mistake your hashrate with pool hashrate. The btc you mine depend on your hashrate, the pool hashrate only reduce variance, wich doesn't matter if you choose PPS.
sr. member
Activity: 392
Merit: 250
September 07, 2012, 11:25:48 AM
#3
lol can I ask where this wisdom comes from?

that's like saying hashrate doesn't matter at all
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
September 07, 2012, 11:24:21 AM
#2
Pool hashrate means nothing  Roll Eyes Choose a 0% fee pool and maybe one that pays out transaction fees too.
sr. member
Activity: 392
Merit: 250
September 07, 2012, 11:13:51 AM
#1
50BTC 3% PPS VS Deepbit 10% PPS

Deepbit has a higher hashrate.
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