Author

Topic: How I use multiple pools to mine btc. (Read 647 times)

legendary
Activity: 4032
Merit: 7391
'The right to privacy matters'
September 19, 2022, 08:54:57 AM
#8
I find this very interesting and aim to follow. Relatively "new ish" prospector/mining company here: PLAINVI3W MINING. Hashing right around 1 Ph on Braiins. Reading up on solo mining and found this thread. 

So, basically you allocate 1 or 2 of your total machines towards a "low hashrate" pool. Or are you pointing a % of hashrate to different pools in software somehow?

Also, if a low hashrate pool hits, the reward is greater?
I did not know this.

Seeking more info on different mining strategies.

Thank you!

Okay look at my miner on laurentiapool


https://pool.laurentiapool.org/#/work


146UJM5kgzLVUV23CXCf33KQKHckoX1gx3   ---------- 2.42507166
3CKK6RuHiEx1paRA1dwef9DpX1NLRYcRwd   ---------- 2.59658001
3Q9NknvMipCYpJdQGykLMutT5Y2EajRqLD   ---------- 1.25969912
bc1qdzz6zan79sumfg3fa3ucjaxlumee6kgvv06awm ---0.03701682


If we hit a block today I get 2.42 btc. this about 10x I would get if I had kept the 100th running on viabtc.

but to hit today would mean really good luck.

and if I left that 100th on viabtc the .24 btc would be guaranteed

So this is like playing a 4 digit number that pays out at 10500 to 1  you will make certain money playing every number ie 10000 in and 10500 back

this is my viabtc play a certain profit.

but if I do that 10000 in and 10500 back
and I play 10 on 1957 and 1957 comes in I get 105,000 back this is playing laurentia pool

we should hit a block on laurentia in under 10 years. the closer to 10 years the shittier the profit.

but I have certain profit from viabtc.

kano.is
mmpool.org
https://pool.laurentiapool.org. are the 3 pools for the high odds shot

viabtc is for the sure money

do about 90% of your hash on viabtc
do about 10% of your hash on the small pool of your choice.

good luck
newbie
Activity: 6
Merit: 1
September 17, 2022, 09:31:47 PM
#7
I find this very interesting and aim to follow. Relatively "new ish" prospector/mining company here: PLAINVI3W MINING. Hashing right around 1 Ph on Braiins. Reading up on solo mining and found this thread. 

So, basically you allocate 1 or 2 of your total machines towards a "low hashrate" pool. Or are you pointing a % of hashrate to different pools in software somehow?

Also, if a low hashrate pool hits, the reward is greater?
I did not know this.

Seeking more info on different mining strategies.

Thank you!
legendary
Activity: 4032
Merit: 7391
'The right to privacy matters'
January 05, 2022, 12:15:54 PM
#6
have you looked into laurentia pool?

Yes and in fact I mine there right now.

https://pool.laurentiapool.org/#/miners



3   146U.....................1gx3

this is my guy above

if we were to hit a block I would get 0.82btc. for very little invested.

This is why everyone should have a piece of a small pool

My larger hash 1ph is on viabtc.

and I vary my hash on

Laurentia.org  from 12th to 100th

mmpool.org from 0 to 200 th

these small speculative moves are low cost high risk high yield investments.

Basically it is like playing a 3 digit number  1 dollar a day and getting a pay off of 2000 to 1

the true odds should be 1000 to one
1 number a day means you hit 1 time every 3 years on the average.
the 2000 to 1 odds mean the odds are in your favor.


I get the 2000 to 1 vs the true 1000 to 1 by

analyzing what my safe 1ph pays. it pays .25 x 1000 = 250 usd a day it costs  72 in power  this is  3.47 to 1 factor.

 I used 2000 to 1000 or 2 to 1 factor  as I lower my 3.47 to 2 adding in gear and infrastructure costs.

So to not point 1 of 20 minors at a tiny pool is fairly silly use of your resources.

Yet if you look at Laurentia almost no one does it. Mostly due to poor math skills or perhaps they are doing this with another small pool such as mmpool.org
member
Activity: 66
Merit: 35
January 04, 2022, 01:25:08 AM
#5
have you looked into laurentia pool?
legendary
Activity: 4032
Merit: 7391
'The right to privacy matters'
December 16, 2021, 03:00:00 PM
#4
Well, you already know my choice for small pools - KanoPool.
It is very well run with the operator being available every day on Discord, complete logging of every aspect of the pools operations recorded from day-1 of the pool opening and excellent user stats. At our current size *should* be about 110 days between blocks although yes our last block was 326.74% and took a bit over a year to crack.

The only 'gotcha' is that Kano only allows OEM firmware on the pool because all the modified ones violate the cgminer license (no source code provided). Miners running illegal FW are automatically disconnected by the pool. Since along with -ck, Kano is the 'other' main developer of cgminer he of course refuses to support closed-source forks of it. The one exception is BoS which he allows on the Solo part because it is a clean re-write of mining code done by the Braiins team (with most of the source code available for dl) and is not a fork of cgminer. Once BoS is proven to find blocks it will be allowed on the main pool.

His pool can work for some. But not for others.

So if you have proper firmware he certainly can be your  low hash/ high variance pool. Where you point a bit of you hash at him.
As I mention mmpool.org has been okay to do this and I have been very lucky with them. But they are a bit restricted gear wise as is Kano's pool
I do have a third pool in mind  which I will be talking about  over the next few weeks.

The idea behind a high variance low hash pool is the window for a lucky score is there for you.

An example of what I mean as follows you  point 1200th to viabtc it collects .2436 x 1200 = 292 a day slow steady pretty certain money

you point 100th at a tiny pool your 100th is 1/10 of the pool.
everyone starts at the same time there are 10 of you all pointing 100th you share is 1/10 of a block or .625 btc.

you are unlikely to hit it as a 1ph pool but the upside is  you hit for .625 x 46000 = 28750 if you do hit.

So in order to do it you need to have a small pool or have more than 1300th hash power.

There are only 3 or 4 pools you can do this with.
legendary
Activity: 3528
Merit: 2414
Evil beware: We have waffles!
December 16, 2021, 12:13:44 PM
#3
Well, you already know my choice for small pools - KanoPool.
It is very well run with the operator being available every day on Discord, complete logging of every aspect of the pools operations recorded from day-1 of the pool opening and excellent user stats. At our current size *should* be about 110 days between blocks although yes our last block was 326.74% and took a bit over a year to crack.

The only 'gotcha' is that Kano only allows OEM firmware on the pool because all the modified ones violate the cgminer license (no source code provided). Miners running illegal FW are automatically disconnected by the pool. Since along with -ck, Kano is the 'other' main developer of cgminer he of course refuses to support closed-source forks of it. The one exception is BoS which he allows on the Solo part because it is a clean re-write of mining code done by the Braiins team (with most of the source code available for dl) and is not a fork of cgminer. Once BoS is proven to find blocks it will be allowed on the main pool.
legendary
Activity: 4032
Merit: 7391
'The right to privacy matters'
December 15, 2021, 07:58:16 PM
#2
spacer for people interested in take a shot most likely it takes over a year to get a block

1)
2)
3)
4)
5)
6)
7)
Cool
9)
10)
legendary
Activity: 4032
Merit: 7391
'The right to privacy matters'
December 15, 2021, 07:57:18 PM
#1
Okay I am not a big miner but I am running about 1.3ph down from a peak of 1.9ph

I have other gear for other coins but this is about btc mining strategy.

I point 1.2ph to 1.25ph to viabtc pps+

I point  .05 to .10 ph to high variance low hash pools.

mmpool.org has been my go to low hash pool

and I went from sept 2017 to oct 2021 with zero blocks mining there. The pool then hit 3 blocks 1 in oct 1 in nov 1 in dec.

if the lesser amount gear was pointed to a conventional pool from sept 2017 to dec 2021 it would have earned about .4 btc

but the three rapid blocks were close to 1.2 btc total

of course on oct 1 this year I would have earn zero vs .38 or so.

So low hash high various pools that hit a block 1 or 2 times a year are both very good and very bad.

So I am now looking at other small pools to use.
I will still keep some hash at mmpool but they are a bit flakey and not every miner works for them.
I had a few guys ask me in detail how to create the steady money flow and high risk setup that I did.
My newest guy tried mmpool and his avalons did not work on mmpool.
so i looked around for a proper style pool.

came up with two choices and its funny as one pool owner does not like the other pool owner.

And i am not looking for flame wars but I am looking to see if anyone has interest in spreading some flyer hash to a small pool while having more hash on a pool like viabtc.

So I self modded this to keep thread civil.

My goal would be that the small pool has say 10 miners in the 100th area

the miners would need to have a lot more hash on the safe pool since 10 x 100 = 1000th which means a long fucking time between blocks.
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