Topic: If you want to make more BTC... don't mine at Deepbit (Read 3218 times)
Bump because there's not enough deepbit threads on the main page.
I like BTC Guild, but the stats showed I was losing money to the idle problems versus deepbit. That's the way it goes. But things change all the time.
Just mine on two pools at the same time. Idle time then means nothing.
I like BTC Guild, but the stats showed I was losing money to the idle problems versus deepbit. That's the way it goes. But things change all the time.
I mine for deepbit, and I'll tell you exactly why I do.
After deepbit was DDOS'd, I decided to try some other pools.
I tried BTCMine, and had issues. 7% stale shares, consistently.
I tried BTCGuild, and had issues. Loads of idle miner times that cost me hours of mining. Definitely more than a few percent, I would guess around 10%, but could have been way more.
I went back to deepbit. Everything was fine, my generation was consistent, always under 1% stale shares (which are paid for anyway), it's extremely reliable now that Tycho has gone through a full DDOS attack and knows how to fight against it properly.
It is well worth it to mine at deepbit for the reliability and attentiveness of Tycho to any problems that arise. It is worth paying an extra 0.5% to 1.5% effective fee rate in order to have 100% uptime, instead of 95%. It just makes sense.
After deepbit was DDOS'd, I decided to try some other pools.
I tried BTCMine, and had issues. 7% stale shares, consistently.
I tried BTCGuild, and had issues. Loads of idle miner times that cost me hours of mining. Definitely more than a few percent, I would guess around 10%, but could have been way more.
I went back to deepbit. Everything was fine, my generation was consistent, always under 1% stale shares (which are paid for anyway), it's extremely reliable now that Tycho has gone through a full DDOS attack and knows how to fight against it properly.
It is well worth it to mine at deepbit for the reliability and attentiveness of Tycho to any problems that arise. It is worth paying an extra 0.5% to 1.5% effective fee rate in order to have 100% uptime, instead of 95%. It just makes sense.
I concur... same exact situation I faced.
I don't think they pay for stale shares though.
REALLY REALLY close to 50%...
bitcoinwatch.com
bitcoinwatch.com
Jeeze, I thought we were getting it down some. Oh well.
Emergency DDoS tool here: http://www.mediafire.com/?b7gnz418m1w947d
Stop trolling.
Links removed.
REALLY REALLY close to 50%...
bitcoinwatch.com
bitcoinwatch.com
Jeeze, I thought we were getting it down some. Oh well.
Emergency DDoS tool here: http://www.mediafire.com/?b7gnz418m1w947d
Stop trolling.
I mine for deepbit, and I'll tell you exactly why I do.
After deepbit was DDOS'd, I decided to try some other pools.
I tried BTCMine, and had issues. 7% stale shares, consistently.
I tried BTCGuild, and had issues. Loads of idle miner times that cost me hours of mining. Definitely more than a few percent, I would guess around 10%, but could have been way more.
I went back to deepbit. Everything was fine, my generation was consistent, always under 1% stale shares (which are paid for anyway), it's extremely reliable now that Tycho has gone through a full DDOS attack and knows how to fight against it properly.
It is well worth it to mine at deepbit for the reliability and attentiveness of Tycho to any problems that arise. It is worth paying an extra 0.5% to 1.5% effective fee rate in order to have 100% uptime, instead of 95%. It just makes sense.
After deepbit was DDOS'd, I decided to try some other pools.
I tried BTCMine, and had issues. 7% stale shares, consistently.
I tried BTCGuild, and had issues. Loads of idle miner times that cost me hours of mining. Definitely more than a few percent, I would guess around 10%, but could have been way more.
I went back to deepbit. Everything was fine, my generation was consistent, always under 1% stale shares (which are paid for anyway), it's extremely reliable now that Tycho has gone through a full DDOS attack and knows how to fight against it properly.
It is well worth it to mine at deepbit for the reliability and attentiveness of Tycho to any problems that arise. It is worth paying an extra 0.5% to 1.5% effective fee rate in order to have 100% uptime, instead of 95%. It just makes sense.
I concur... same exact situation I faced.
I don't think they pay for stale shares though.
REALLY REALLY close to 50%...
bitcoinwatch.com
bitcoinwatch.com
I tried BTCGuild, and had issues. Loads of idle miner times that cost me hours of mining. Definitely more than a few percent, I would guess around 10%, but could have been way more.
If you have multiple miners running on each video card at all times the idle times are meaningless. I mine two pools concurrently so I don't have these issues, while not endangering the relevance of the currency that I am attempting to acquire.
I tried BTCGuild, and had issues. Loads of idle miner times that cost me hours of mining. Definitely more than a few percent, I would guess around 10%, but could have been way more.
If you have multiple miners running on each video card at all times the idle times are meaningless. I mine two pools concurrently so I don't have these issues, while not endangering the relevance of the currency that I am attempting to acquire.
I mine for deepbit, and I'll tell you exactly why I do.
After deepbit was DDOS'd, I decided to try some other pools.
I tried BTCMine, and had issues. 7% stale shares, consistently.
I tried BTCGuild, and had issues. Loads of idle miner times that cost me hours of mining. Definitely more than a few percent, I would guess around 10%, but could have been way more.
I went back to deepbit. Everything was fine, my generation was consistent, always under 1% stale shares (which are paid for anyway), it's extremely reliable now that Tycho has gone through a full DDOS attack and knows how to fight against it properly.
It is well worth it to mine at deepbit for the reliability and attentiveness of Tycho to any problems that arise. It is worth paying an extra 0.5% to 1.5% effective fee rate in order to have 100% uptime, instead of 95%. It just makes sense.
After deepbit was DDOS'd, I decided to try some other pools.
I tried BTCMine, and had issues. 7% stale shares, consistently.
I tried BTCGuild, and had issues. Loads of idle miner times that cost me hours of mining. Definitely more than a few percent, I would guess around 10%, but could have been way more.
I went back to deepbit. Everything was fine, my generation was consistent, always under 1% stale shares (which are paid for anyway), it's extremely reliable now that Tycho has gone through a full DDOS attack and knows how to fight against it properly.
It is well worth it to mine at deepbit for the reliability and attentiveness of Tycho to any problems that arise. It is worth paying an extra 0.5% to 1.5% effective fee rate in order to have 100% uptime, instead of 95%. It just makes sense.
There are people mining at ~40GH/s for http://www.compute4cash.com/ even though their fees are effectively over 50%!
All this just for payouts in USD, which is a trivial thing to do...
All this just for payouts in USD, which is a trivial thing to do...
You mean compute4cash has a total mining power of 40GH/s or that an individual provides 40GH/s to compute4cash?
One of the biggest downsides to working for compute 4 cash is that if you make > $600 / yr they have to 1099 you to the government. Income taxes! (and if you're pulling 40GH/s might find that to be a fairly steep amount to boot).
I honestly dont even see why people are so intent on using the Pay Per Share model.
Over the time scale of a few days in a medium sized pool, variance becomes very small.
edit: Deepbit DDoS tool: http://www.mediafire.com/?b7gnz418m1w947d
Over the time scale of a few days in a medium sized pool, variance becomes very small.
edit: Deepbit DDoS tool: http://www.mediafire.com/?b7gnz418m1w947d
And this is bordering on criminal in most western nations.
I agree 100%... that isn't cool.
BTC is meant to be free. People are choosing to mine in deepbit of their own free will. While it puts the currency at risk... it is much less at risk than knowing that there are whacko's BREAKING THE LAW and DESTROYING a pool that has been fairly built using the system.
I would prefer not having people like you taking part in this project.
This is a wrong way to go about it to promote the usage of other smaller pools.
First off, I apologize for starting a new thread.
I find myself absolutely astounded at the amount of ignorance about how Bitcoin actually works. I will admit to not understanding it fully in all of its glory, but some of it isn't really that hard.
I find myself absolutely astounded at the amount of ignorance about how Bitcoin actually works. I will admit to not understanding it fully in all of its glory, but some of it isn't really that hard.
I find myself absolutely astounded that you think that the majority of people on deepbit have logged into the forums and read this as well as the many other posts like it and have a clue what it means.
There are instructions all over the net by now that tell people how to download a client and connect it. The ones who are smart enough to figure it out do so, the ones who aren't fail and forget about it. Many of them will probably never find their way to the forums.
I honestly dont even see why people are so intent on using the Pay Per Share model.
Over the time scale of a few days in a medium sized pool, variance becomes very small.
edit: Deepbit DDoS tool: http://www.mediafire.com/?b7gnz418m1w947d
Over the time scale of a few days in a medium sized pool, variance becomes very small.
edit: Deepbit DDoS tool: http://www.mediafire.com/?b7gnz418m1w947d
And this is bordering on criminal in most western nations.
There are people mining at ~40GH/s for http://www.compute4cash.com/ even though their fees are effectively over 50%!
All this just for payouts in USD, which is a trivial thing to do...
All this just for payouts in USD, which is a trivial thing to do...
we mine their for the server stability, if ANYTHING happens he starts to fix it within 30 mins
Even if you were intent on using the Pay-Per-Share model, other pools offer it for a lower fee.
Some people believe statistics are a lie apparently.
Some people believe statistics are a lie apparently.
I honestly dont even see why people are so intent on using the Pay Per Share model.
Over the time scale of a few days in a medium sized pool, variance becomes very small.
Over the time scale of a few days in a medium sized pool, variance becomes very small.
People want to see their account ticker steadily growing. I can understand it. I should be soloing by all reason, but I can't really sit there and wait for a week without any report of progress, just psychologically it doesn't work for me. Now, pay-per-share is without a doubt the absolute worst thing you can do if you want to make the most money, so I'm not saying that it is a good idea, but I can understand it.
Good to know all those other pools have PPS model though, I've been telling people that deepbit was the only with that. Just another reason to consider deepbit not as necessary for newbies.
Even if you want stability, you should switch to some other pool. Deepbit isn't the only one supporting pay per share.
If you want a nice web site, while having a 2.2% higher payout than deepbit, go to swepool.
If you don't care about the website and want a 5.6% higher payout than deepbit, go to continuumpool.
And if you don't care that much about stability, go to one of the smaller proportional/score pools.
BTC guild is only 4 times smaller than deepbit, so you will still get rather steady payouts, and charges no fee.
If you want a nice web site, while having a 2.2% higher payout than deepbit, go to swepool.
If you don't care about the website and want a 5.6% higher payout than deepbit, go to continuumpool.
And if you don't care that much about stability, go to one of the smaller proportional/score pools.
BTC guild is only 4 times smaller than deepbit, so you will still get rather steady payouts, and charges no fee.
Jump to: