Topic: Im hashing at 1.1Ghash but im only getting .6 btc a day am I in the right pool (Read 2791 times)
July 21, 2011, 11:45:42 AM
I like BTCMine.
July 21, 2011, 05:44:37 AM
Short term fairest paying = PPS pools (Eligius/Arsbitcoin)
These are not PPS! You're misleading people by implying that they are.They are "PAMSAPWPPSP" (Pay as many shares as possible with PPS payment). As long as they have a positive balance (which both currently have), it is possible for them to pay PPS and they will do so, if the operators don't cheat.
Short term = whatever pool
I disagree, in a proportional pool your shares get worth less and less, the longer the round is. Getting in a 6 million shares round on a proportional pool is eqal to mining with only 25% of your hash rate in a 100% PPS pool (which do only exist if arsbitcoin or Eligius have positive funds - if their funds are negative, you risk not getting paid for some shares or getting paid less than 100% PPS). 
July 21, 2011, 01:37:06 AM
In the end though, solo mining is most profitable due to 0% fees (you actually get paid transaction fees) and significantly less downtime.
How many transactions actually have collectable fees on them? I know this is supposed to supplant the reward, so I'm wondering if you are seeing any signs of this.
July 20, 2011, 02:39:35 PM
In the end though, solo mining is most profitable due to 0% fees (you actually get paid transaction fees) and significantly less downtime.
How many transactions actually have collectable fees on them? I know this is supposed to supplant the reward, so I'm wondering if you are seeing any signs of this.
July 20, 2011, 02:25:47 PM
Try BTCGuild you can choice to pay feels and get confirmed instantly or pay no fees but wait 17 hours per block.
Im getting 0.31 a day on 288 mhash/s with a few hours with my 6670 joining in adding an extra 121mhash/s
Im getting 0.31 a day on 288 mhash/s with a few hours with my 6670 joining in adding an extra 121mhash/s
You must be lucky or something. I'm mining with 930mh/s and get ~.55 BTC/day.
July 19, 2011, 10:54:36 PM
Short term fairest paying = PPS pools (Eligius/Arsbitcoin)
These are not PPS! You're misleading people by implying that they are.And it's funny you say these are good short-term, given that they only promise you'll get your due payout eventually (if the pool lives that long).
July 19, 2011, 10:30:50 PM
Try BTCGuild you can choice to pay feels and get confirmed instantly or pay no fees but wait 17 hours per block.
Im getting 0.31 a day on 288 mhash/s with a few hours with my 6670 joining in adding an extra 121mhash/s
Im getting 0.31 a day on 288 mhash/s with a few hours with my 6670 joining in adding an extra 121mhash/s
July 19, 2011, 07:59:45 PM
Short term best paying = pool hopping in proportional pools
Short term fairest paying = PPS pools (Eligius/Arsbitcoin)
Long term best paying = long term fairest paying = any pool with 0% fees, no proportional payout (hoppers!) and ideally even payout of transaction fees
Short term fairest paying = PPS pools (Eligius/Arsbitcoin)
Long term best paying = long term fairest paying = any pool with 0% fees, no proportional payout (hoppers!) and ideally even payout of transaction fees
Short term = whatever pool
Long term = solo mining
In the end though, solo mining is most profitable due to 0% fees (you actually get paid transaction fees) and significantly less downtime.
July 19, 2011, 07:34:02 PM
Stale shares, variance in rate of share submission, variance for pool, pool fees, all these things can and/or will drag down your BTC earned. If you're close to the theoretical return rate, you're doing well.
July 19, 2011, 07:10:10 PM
maybe a bit too high stale right also?
on average you should do about ~0.65 in 24hours now. should have done obviously a little better with last difficulty
on average you should do about ~0.65 in 24hours now. should have done obviously a little better with last difficulty
July 19, 2011, 07:09:37 PM
That is about right, I have 2.5Ghash and I get anywhere between 1.20 and 1.75 a day, there is definitely some variance.
July 19, 2011, 07:05:58 PM
Did you only mine for 24 hours? Mine for two weeks, and then see if you get the expected amount of BTC for your hashrate.
July 19, 2011, 06:47:26 PM
Short term best paying = pool hopping in proportional pools
Short term fairest paying = PPS pools (Eligius/Arsbitcoin)
Long term best paying = long term fairest paying = any pool with 0% fees, no proportional payout (hoppers!) and ideally even payout of transaction fees
Short term fairest paying = PPS pools (Eligius/Arsbitcoin)
Long term best paying = long term fairest paying = any pool with 0% fees, no proportional payout (hoppers!) and ideally even payout of transaction fees
July 19, 2011, 06:41:37 PM
Im currently hashing at 1.1 Ghash\s but on my best day I only get .6 btc in 24 hours,should I switch pools or is that the norm right now?
I would love to see some posts of peoples speeds and their rewards for 24 hours of mining,and with pool would pay the best
I would love to see some posts of peoples speeds and their rewards for 24 hours of mining,and with pool would pay the best
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