Topic: ► Best paying pool (Read 4627 times)
this info is gold, thanks heaps guys
The network pays out 2.6 million BTC per year.
You're wording it like it's a fact. It aims to generate 2.6 million per year, but in reality, it is never exactly 2.6.Correct. Through difficulty adjustment the network aims for ~2.6 million per year. How close it reaches that goal depends on how close avg block time is equal to 10 minutes. I will update the post to avoid confusion.
The network pays out 2.6 million BTC per year.
You're wording it like it's a fact. It aims to generate 2.6 million per year, but in reality, it is never exactly 2.6.
The network pays out 2.6 million BTC per year.
You're wording it like it's a fact. It aims to generate 2.6 million per year, but in reality, it is never exactly 2.6. Pools don't change difficulty or the total network hashing power.
) if everybody solo'd then the difficulty would be such that solo mining would be profitable, right?
isn't that what satoshi *really* intended?
isn't that what satoshi *really* intended?
Pools don't change difficulty or the total network hashing power.
9TH is 9TH.
Another way to look at it is the block susbidy is 50 BTC (until they cut). The network tries to keep block time at ~10 minutes so there will be about 6 * 24 * 365 = 52,560 blocks per year.
52,560 * 50 = 2,628,000
The network attempts to payout 2.6 million BTC per year in block rewards.
If you have 100% (~9TH) of the hashing power you get 2628000 * 100% = ~2,628,000 BTC per year.
If you have 10% (~900GH) of the hashing power you get 2628000 * 10% = ~262,800 BTC per year.
If you have 1% (~90GH) of the hashing power you get 2628000 * 1% = ~26,280 BTC per year.
If you have 0.1% (~9GH) of the hashing power you get 2628000 * 0.1% = ~2,628 BTC per year.
How you get it (p2pool, solo mining, paid per share, traditional shared pool PPLNS, etc) doesn't matter.
if everybody solo'd then the difficulty would be such that solo mining would be profitable, right?
isn't that what satoshi *really* intended?
isn't that what satoshi *really* intended?
P2Pool is the best because it supports what satoshi believed in regards to decentralization.
If everybody used that we would never get to see evil deepbit take 50% or more of the network and kill it off etc.
Mine away at the decentralized pool!
If everybody used that we would never get to see evil deepbit take 50% or more of the network and kill it off etc.
Mine away at the decentralized pool!
so i see.
what a weird forum software
what a weird forum software
i just did, dad. the only results are this thread.
If you are in a thread and search the search is limited to THAT thread.
If you are in a forum and search the search is limited to THAT forum.
If you are in the main forum index page and search the search is for entire forum.
Not clearly explained but that might help your searching.
Use the search box, Luke.
the only results are this thread.
how about a link instead of a smart reply & u might even get a new pool member
The way of the future is p2pool
which is why i am choosing triplemining as one of my primary pools - the bigger your minipool, the bigger the reward no matter how bad the luck is
Thats the same reason I joined Amway and also got rich my mailing $5 to the 5 names on a sheet of paper. Within weeks I had millions of checks coming.
Yup pyramid schemes always work. Pro tip: they work best when you are at the top.
which is why i am choosing triplemining as one of my primary pools - the bigger your minipool, the bigger the reward no matter how bad the luck is
Thats the same reason I joined Amway and also got rich my mailing $5 to the 5 names on a sheet of paper. Within weeks I had millions of checks coming.
Yup pyramid schemes always work. Pro tip: they work best when you are at the top.
Goat's pool is the best so far
which is why i am choosing triplemining as one of my primary pools - the bigger your minipool, the bigger the reward no matter how bad the luck is
Way to go ozcoin! I love that pool for abandoning proportional system already
Bitminter has also had tremendous luck lately but for the non-techie users I must point out that such information is of purely historic and statistical value.
The same goes for a pool which is hit with a lot of bad luck - the bad luck has already happened and basing the pool choice on luck makes absolutely no sense at all.
Bitminter has also had tremendous luck lately but for the non-techie users I must point out that such information is of purely historic and statistical value.
The same goes for a pool which is hit with a lot of bad luck - the bad luck has already happened and basing the pool choice on luck makes absolutely no sense at all.
this week has been awesome at Ozcoin
as shown byLuck
and Payout-Comparison
after a long unlucky run on proportional
moving to DGM 8 days ago has also been a winner
as shown byLuck
and Payout-Comparison
after a long unlucky run on proportional
moving to DGM 8 days ago has also been a winner
If there is a better payout somewhere let me know:) 1BTC bounty!
i will design a proper frontend for you, for BTC of course The pools I've had good experience with include Eligius, BitMinter, Eclipse and BTC Guild. A few great pools have fallen (MMC, Minecoin), others have declined (ArsBitcoin).
Take a good look here: https://bitcointalk.org/index.php?board=41.0
i understand the variance thing, but being slow i get so much better pay from tripleminingTake a good look here: https://bitcointalk.org/index.php?board=41.0
thanks for the link, i will certainly take a look
still pretty new at this & every piece of info is greati do love the minipool idea however, even if it's not technically the best of the best - there is nothing like watching the bonus of your own minipool growing ontop of the work you do also
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