Help me pick a pool - page 2. | Bitcointalksearch.org

notme

legendary

Activity: 1904

Merit: 1002

Quote from: elebit on July 16, 2013, 09:25:20 AM

Quote from: os2sam on July 15, 2013, 08:57:50 AM

Because you can't point that much hashing power at your Bitcoin-QT client.

Why is that? Sounds incredible.

You need some lighter weight software to proxy for you. If you don't have a proxy to throw away most of the results, you will keep bitcoind too busy to do the other things it needs to do.

elebit

sr. member

Activity: 441

Merit: 250

Quote from: os2sam on July 15, 2013, 08:57:50 AM

Because you can't point that much hashing power at your Bitcoin-QT client.

Why is that? Sounds incredible.

os2sam

legendary

Activity: 3583

Merit: 1094

Think for yourself

Quote from: elebit on July 15, 2013, 08:53:53 AM

Quote from: os2sam on July 15, 2013, 07:30:43 AM

Solo mining with that hash rate is no trivial task.

How come? If he's got four Avalons he's going to find two blocks per week on average right now. The difficulty could quadruple and he would find a block every other week. Just point, click, done. No fees, no special software to keep updated (except a regular client to mine against), couldn't be easier.

Because you can't point that much hashing power at your Bitcoin-QT client. You need to setup your own private pool server. That's above some of our heads, definitely mine.

Sam

elebit

sr. member

Activity: 441

Merit: 250

Quote from: os2sam on July 15, 2013, 07:30:43 AM

Solo mining with that hash rate is no trivial task.

How come? If he's got four Avalons he's going to find two blocks per week on average right now. The difficulty could quadruple and he would find a block every other week. Just point, click, done. No fees, no special software to keep updated (except a regular client to mine against), couldn't be easier.

os2sam

legendary

Activity: 3583

Merit: 1094

Think for yourself

Quote from: elebit on July 15, 2013, 07:27:26 AM

If you have "a few" Avalons and more on the way, don't you have enough hashing power to mine on your own?

Solo mining with that hash rate is no trivial task.

Pointing that hash rate at a pool(s) is trivial.

elebit

sr. member

Activity: 441

Merit: 250

If you have "a few" Avalons and more on the way, don't you have enough hashing power to mine on your own?

os2sam

legendary

Activity: 3583

Merit: 1094

Think for yourself

Quote from: thebrit on July 14, 2013, 02:42:31 PM

Thanks to all - this is all fascinating info!

Quick question, does the hashing power of your setup affect which pool you should join? I will be bringing my 500GHs BFL mini rig online on Friday, and so it's a little more important to maximize efficiency vs my lil' 10.9 GHs ASICminer Blade right now! I'm on Slush's pool at this time.

Thanks folks.

The same criteria as your blade. Look for these

Stratum
Variable Difficulty
Reliability

Not a big deal now but will be in the future

Pay Transaction Reward.

Those are the things you should be looking for in a pool. As always setup failover pools, always have a plan b and c at least.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: thebrit on July 14, 2013, 02:42:31 PM

Thanks to all - this is all fascinating info!

Quick question, does the hashing power of your setup affect which pool you should join? I will be bringing my 500GHs BFL mini rig online on Friday, and so it's a little more important to maximize efficiency vs my lil' 10.9 GHs ASICminer Blade right now! I'm on Slush's pool at this time.

Thanks folks.

If you have the hardware to run a p2pool node, and the 30 second share time switchover has occurred by Friday you should consider that. The switch will happen when 95% of hashpower is on the new version. We are currently at 67%.

P2Pool can actually get you more coin than solo mining if you set it up correctly. See here: https://bitcointalksearch.org/topic/a-guide-for-mining-efficiently-on-p2pool-includes-fud-repellent-and-faq-153232

thebrit

full member

Activity: 168

Merit: 100

Make the Bitcoin, don't let the Bitcoin make you.

Thanks to all - this is all fascinating info!

Quick question, does the hashing power of your setup affect which pool you should join? I will be bringing my 500GHs BFL mini rig online on Friday, and so it's a little more important to maximize efficiency vs my lil' 10.9 GHs ASICminer Blade right now! I'm on Slush's pool at this time.

Thanks folks.

WEB slicer

legendary

Activity: 1120

Merit: 1001

1NF4xXDDpMVmeazJxJDLrFxuJrCAT7CB1b

After 3 hours this is what i got from eclipse.

After one hour this is what i got from BTCguild.

BTCguild earned more BTC in less time and my earnings were available immediately. Its been 4 hours since i started mining with eclipse and my BTC is still not available.

WEB slicer

legendary

Activity: 1120

Merit: 1001

1NF4xXDDpMVmeazJxJDLrFxuJrCAT7CB1b

Thanks again to everybody for all the information. I really do appreciate it.

os2sam

legendary

Activity: 3583

Merit: 1094

Think for yourself

Quote from: WEB slicer on July 12, 2013, 09:52:41 PM

LOL - i got it now. I didnt notice the common and decimal. Cheesy

Im tired. Been trying to figure this out all day.

I know the feeling

I'm well into beer:thirty.

WEB slicer

legendary

Activity: 1120

Merit: 1001

1NF4xXDDpMVmeazJxJDLrFxuJrCAT7CB1b

LOL - i got it now. I didnt notice the common and decimal. Cheesy

Im tired. Been trying to figure this out all day.

os2sam

legendary

Activity: 3583

Merit: 1094

Think for yourself

Quote from: WEB slicer on July 12, 2013, 09:42:48 PM

46GH is the same as 46TH? Mind fuck. I thought 1TH was 100GH.

1Ths = 1000Ghs

Terra means Trillion
Giga means Billion

mdbssm

full member

Activity: 182

Merit: 100

No. See this comparison thread, updated July 7:

https://bitcointalksearch.org/topic/btc-mining-pools-list-104664

os2sam

legendary

Activity: 3583

Merit: 1094

Think for yourself

Quote from: WEB slicer on July 12, 2013, 09:42:48 PM

46GH is the same as 46TH? Mind fuck. Explain please?

After looking at this i thought eclipse was the bigger pool.

Look at the comma and the decimal point in my post.

BTCGuild is 4.6 times larger than EMC.

BTCGuild is the largest pool right now in terms of hash rate.

WEB slicer

legendary

Activity: 1120

Merit: 1001

1NF4xXDDpMVmeazJxJDLrFxuJrCAT7CB1b

46GH is the same as 46TH? Mind fuck. I thought 1TH was 100GH.

After looking at this i thought eclipse was the bigger pool.

os2sam

legendary

Activity: 3583

Merit: 1094

Think for yourself

Quote from: WEB slicer on July 12, 2013, 09:40:06 PM

46,435Ghs = 46.435Ths

WEB slicer

legendary

Activity: 1120

Merit: 1001

1NF4xXDDpMVmeazJxJDLrFxuJrCAT7CB1b

os2sam

legendary

Activity: 3583

Merit: 1094

Think for yourself

Quote from: WEB slicer on July 12, 2013, 09:29:36 PM

BTCguild pool speed says 46GH. Eclipse pool speed says 10TH. Doesnt more hashing power mean more blocks found and more BTC paid?

BTC Guild is 46 THs not Ghs

Topic: Help me pick a pool - page 2. (Read 5418 times)