If you want to mine for fun, solo mine and hope you hit the lottery. What's the point of PPS if it isn't "for the money". Why look for steady payouts?
To understand how it works...
Topic: good pool fr 3Mh/s ? (Read 1515 times)
To understand how it works...
If you want to mine for fun, solo mine and hope you hit the lottery. What's the point of PPS if it isn't "for the money". Why look for steady payouts?
50btc.com offer a PPS and have a minimum for extracting the BTC from the pool.
If memory serves, it is 0.01 as a minimum.
I hope this helps and answers your question directly.
Good luck and enjoy.
If memory serves, it is 0.01 as a minimum.
I hope this helps and answers your question directly.
Good luck and enjoy.
Its waste of energy better buy gpu, fpa, asic. GL
I can understand exactly why anyone would want to mine even at 3Mh/s!
Exploration, a sense of wonder, the joy that comes from setting something up and it works.
Not everyone must be financially motivated to explore.
It's not the Destination, it's the Journey!
Yeah, I can understand that, and I think it's good. He is already mining, but now he wants a new pool to get better hasrates or more coins, then, that is no more "curiosity" it's greed. And 3mh is not enough.Exploration, a sense of wonder, the joy that comes from setting something up and it works.
Not everyone must be financially motivated to explore.
It's not the Destination, it's the Journey!
The advice we are giving is because a peson who is new may think he can make money mining with a very low hasrate, it's not true. We try to help you to understand that is not worth the effort, the time spended reading how to configure the machine, the software, the pool, etc; and the electricity you are using.
If you understood all of this and you still think that you want to explore, knowing you are losing resources instead of getting it, and knowing that the satisfaction will be on the exploration and not in the amount fo coins or money, then it's perfectly reasonable.
I get your point.
At 3Mh/s no-one is going to retire.
I can understand exactly why anyone would want to mine even at 3Mh/s!
Exploration, a sense of wonder, the joy that comes from setting something up and it works.
Not everyone must be financially motivated to explore.
It's not the Destination, it's the Journey!
Yeah, I can understand that, and I think it's good. He is already mining, but now he wants a new pool to get better hasrates or more coins, then, that is no more "curiosity" it's greed. And 3mh is not enough.Exploration, a sense of wonder, the joy that comes from setting something up and it works.
Not everyone must be financially motivated to explore.
It's not the Destination, it's the Journey!
The advice we are giving is because a peson who is new may think he can make money mining with a very low hasrate, it's not true. We try to help you to understand that is not worth the effort, the time spended reading how to configure the machine, the software, the pool, etc; and the electricity you are using.
If you understood all of this and you still think that you want to explore, knowing you are losing resources instead of getting it, and knowing that the satisfaction will be on the exploration and not in the amount fo coins or money, then it's perfectly reasonable.
Funny, isn't it. Perhaps it may also be...
Mine is bigger than yours...
So why would you bother.
Funny how the Jocks in high school were always putting down those they thought were below them, and had no chance of getting a girl... Yet they are today the ones on welfare...
Perhaps these bitcoin jocks, who scoff at anyone who doesn't seem to have the acceptable hardware will one day be asking coinerd for a job after he creates the killer bitcoin app!
Remember during the gold rush, it wasn't the miners who made the money, it was the suppliers of spades, jeans and dynamite...
Mine is bigger than yours...
So why would you bother.
Funny how the Jocks in high school were always putting down those they thought were below them, and had no chance of getting a girl... Yet they are today the ones on welfare...
Perhaps these bitcoin jocks, who scoff at anyone who doesn't seem to have the acceptable hardware will one day be asking coinerd for a job after he creates the killer bitcoin app!
Remember during the gold rush, it wasn't the miners who made the money, it was the suppliers of spades, jeans and dynamite...
I think its too easily assumed by most that everyone's interest in bitcoin must be financial gain.
Takes about a month to get 1BTC at ~600MH/s. With your 3MH/s it'd take 16 years. 16 years of mining to make £50. 
As I was saying....
As I was saying....
Thanks. I see you're trying to be helpful, unlike Vladimir who's straight trolling.
Sorry. I'll try to be more helpful. https://www.google.com/search?q=bitcoin+mining+calculator
Way to beat a dead horse. Read before you post. Like the post where I explicitly stated that I know how to google a mining calculator?
http://lmgtfy.com/?q=forum+troll
Twerka (and vladimir apparently), there are other motivations besides financial. For me this is educational, and interesting. As a hobbyist programmer I may end up writing some tools or useful (or maybe useless who knows) software for interacting with these cryptocurrencies. In any case I'm advancing my understanding of the system by participating in it.
If I actually get to writing any software I'll probably end up spending that power to hash testnet anyways. I'm sure the fact that there's a testnet where people hash for NO MONEY AT ALL is something that confuses vladimir to no end.
As I mentioned in a previous post, it's better to recover some of your expenses than none of them, don't you think? I think so. Why not hash to a live pool now and then while I'm learning?
I'm surprised that discussing it seems to generate animosity.
As far as i know deepbit offers pay per share. They have a minimum cashout of .01 BTC last time I checked. Hope this addressed your questions.
I can understand exactly why anyone would want to mine even at 3Mh/s!
Exploration, a sense of wonder, the joy that comes from setting something up and it works.
Not everyone must be financially motivated to explore.
It's not the Destination, it's the Journey!
Exploration, a sense of wonder, the joy that comes from setting something up and it works.
Not everyone must be financially motivated to explore.
It's not the Destination, it's the Journey!
Why do you want to mine with 3Mh/s? Even mining with less than 1000 is starting to have no sense due to the increase on difficulty.
I see in the list that triplemining is actually PPLNS which I need to avoid as a slow hasher. This is why I haven't gone to their site.
I went to deepbit site, it says that you can select PPS or Proportional so I'll be signing up and giving their PPS pool a try.
I avoided them because I didn't realize it was a choice and clearly I can't be mining for proportional payouts in a large pool
================================================================================================
Wampa_Jabba I open chrome and type in "mining.bitcoin.cz" to get to slush's site.
Then I click on the "Statistics" link in the left column and see that table, under a chart of pool performance information.
It's possible that it's not rendering that column for you, since with a last share at 4 days ago, there would be no data?
I would suggest that you ask in the pool's forum thread maybe slush or someone can tell you.
I went to deepbit site, it says that you can select PPS or Proportional so I'll be signing up and giving their PPS pool a try.
I avoided them because I didn't realize it was a choice and clearly I can't be mining for proportional payouts in a large pool
================================================================================================
Wampa_Jabba I open chrome and type in "mining.bitcoin.cz" to get to slush's site.
Then I click on the "Statistics" link in the left column and see that table, under a chart of pool performance information.
It's possible that it's not rendering that column for you, since with a last share at 4 days ago, there would be no data?
I would suggest that you ask in the pool's forum thread maybe slush or someone can tell you.
Yes, Logged in.
Login Password Found blocks Current shares Score Last share at Mhash/s* Stratum Suggested difficulty Actions
XXX.WWX Pass 0 0 0 - 0 - 1
XXX.WWY Pass 0 0 0 - 0 - 1
XXX.WWZ Pass 0 0 0 4 days, 6 hours 0 - 1
Login Password Found blocks Current shares Score Last share at Mhash/s* Stratum Suggested difficulty Actions
XXX.WWX Pass 0 0 0 - 0 - 1
XXX.WWY Pass 0 0 0 - 0 - 1
XXX.WWZ Pass 0 0 0 4 days, 6 hours 0 - 1
https://en.bitcoin.it/wiki/Comparison_of_mining_pools
Gives you a list of PPS pools.
Gives you a list of PPS pools.
Quote from: Deepbit.net
Pay per share: 0.00000250716044609 BTC per every submitted share
wampa jabba are you logged in to the site?
I'm not trying to profit, thanks again for the honest numbers guys trying to help.
I'm going to be hashing for a while, I want to get paid for my hashing. This is perfectly reasonable economics. If you have the option of recovering some of your expenses vs. the option of recovering none of your expenses which would you select?
Also once I hit payout somewhere i have a few satoshis to play with.
Please note in the image I posted that most of my shares are receiving ZERO VALUE at slush's pool.
Please note that I'm not accusing slush of any wrongdoing, his pool uses a proprietary scoring system that is, among other possible things, time based. He's very clear about this and I believe I have seen him post that his pool is not the best option for slow hashers.
Just trying to find a solid, long term PPS pool that welcomes (or tolerates) slow hashers and has a history of some reliability.
Thanks mccminer I'll give it a shot.
I'm also interested in hearing real experience from people who have put slow machines into P2Pool.
I'm not trying to profit, thanks again for the honest numbers guys trying to help.
I'm going to be hashing for a while, I want to get paid for my hashing. This is perfectly reasonable economics. If you have the option of recovering some of your expenses vs. the option of recovering none of your expenses which would you select?
Also once I hit payout somewhere i have a few satoshis to play with.
Please note in the image I posted that most of my shares are receiving ZERO VALUE at slush's pool.
Please note that I'm not accusing slush of any wrongdoing, his pool uses a proprietary scoring system that is, among other possible things, time based. He's very clear about this and I believe I have seen him post that his pool is not the best option for slow hashers.
Just trying to find a solid, long term PPS pool that welcomes (or tolerates) slow hashers and has a history of some reliability.
Thanks mccminer I'll give it a shot.
I'm also interested in hearing real experience from people who have put slow machines into P2Pool.
I see that link, but see a different table. One that doesn't include the "your shares" etc.
Are you logged in OK?
No need for me to re-hash the obvious here.
To the OP: might want to look at triplemining.com. Medium sized pool with no fees. 1% goes into a jackpot fund that gets distributed weekly.
To the OP: might want to look at triplemining.com. Medium sized pool with no fees. 1% goes into a jackpot fund that gets distributed weekly.
Where on Slush's website do you find that screen? I've been looking everywhere for it.
"Statistics" link, third link down on the left.
I see that link, but see a different table. One that doesn't include the "your shares" etc.
# Block found at Duration Total shares Block # Block value Validity
17594 2013-04-20 15:59:01 1:05:56 9044981 232266 25.57703536 75 confirmations left
17593 2013-04-20 14:53:05 1:21:26 11174330 232260 25.36380000 69 confirmations left
17592 2013-04-20 13:31:39 1:07:06 9135866 232257 25.31713310 66 confirmations left
17591 2013-04-20 12:24:33 2:29:55 20303652 232250 25.16449000 59 confirmations left
Where on Slush's website do you find that screen? I've been looking everywhere for it.
"Statistics" link, third link down on the left.
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