Topic: long time GPU miner new time BTC ASIC miner - most popular pool (Read 247 times)
You may want to stay away from the popularity contest so hash doesn't become too concentrated into a pool. Always best to spread it out to mitigate 51% attack concerns; this is a good mindset to have.
It really depends on what you want.
You need to first decide the kind of payout that you're more comfortable with. Here are some definitions:
Basically they all are on a scale from solo mining where you get 100% of the rewards when you find a block(and nothing otherwise), up to small payouts for every share for a more stable payout over time.
Here are some pools:
There's also ckpool solo if you want to solo mine. There's a 2% fee there.
You need to first decide the kind of payout that you're more comfortable with. Here are some definitions:
CPPSRB - Capped Pay Per Share with Recent Backpay.
DGM - Double Geometric Method. A hybrid between PPLNS and Geometric reward types that enables to operator to absorb some of the variance risk. Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments.
ESMPPS - Equalized Shared Maximum Pay Per Share. Like SMPPS, but equalizes payments fairly among all those who are owed.
POT - Pay On Target. A high variance PPS variant that pays on the difficulty of work returned to pool rather than the difficulty of work served by pool
PPLNS - Pay Per Last N Shares. Similar to proportional, but instead of looking at the number of shares in the round, instead looks at the last N shares, regardless of round boundaries.
PPLNSG - Pay Per Last N Groups (or shifts). Similar to PPLNS, but shares are grouped into "shifts" which are paid as a whole.
PPS - Pay Per Share. Each submitted share is worth certain amount of BTC. Since finding a block requires shares on average, a PPS method with 0% fee would be 6.25 BTC divided by . It is risky for pool operators, hence the fee is highest.
Prop. - Proportional. When block is found, the reward is distributed among all workers proportionally to how much shares each of them has found.
RSMPPS - Recent Shared Maximum Pay Per Share. Like SMPPS, but system aims to prioritize the most recent miners first.
Score - Score based system: a proportional reward, but weighed by time submitted. Each submitted share is worth more in the function of time t since start of current round. For each share score is updated by: score += exp(t/C). This makes later shares worth much more than earlier shares, thus the miner's score quickly diminishes when they stop mining on the pool. Rewards are calculated proportionally to scores (and not to shares). (at slush's pool C=300 seconds, and every hour scores are normalized)
SMPPS - Shared Maximum Pay Per Share. Like Pay Per Share, but never pays more than the pool earns.
FPPS - Full Pay Per Share. Similar to PPS，but not only divide regular block reward (6.25 BTC for now) but also some of the transaction fees. Calculate a standard transaction fee within a certain period and distribute it to miners according to their hash power contributions in the pool. It will increase the miners' earnings by sharing some of the transaction fees.
DGM - Double Geometric Method. A hybrid between PPLNS and Geometric reward types that enables to operator to absorb some of the variance risk. Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments.
ESMPPS - Equalized Shared Maximum Pay Per Share. Like SMPPS, but equalizes payments fairly among all those who are owed.
POT - Pay On Target. A high variance PPS variant that pays on the difficulty of work returned to pool rather than the difficulty of work served by pool
PPLNS - Pay Per Last N Shares. Similar to proportional, but instead of looking at the number of shares in the round, instead looks at the last N shares, regardless of round boundaries.
PPLNSG - Pay Per Last N Groups (or shifts). Similar to PPLNS, but shares are grouped into "shifts" which are paid as a whole.
PPS - Pay Per Share. Each submitted share is worth certain amount of BTC. Since finding a block requires
Prop. - Proportional. When block is found, the reward is distributed among all workers proportionally to how much shares each of them has found.
RSMPPS - Recent Shared Maximum Pay Per Share. Like SMPPS, but system aims to prioritize the most recent miners first.
Score - Score based system: a proportional reward, but weighed by time submitted. Each submitted share is worth more in the function of time t since start of current round. For each share score is updated by: score += exp(t/C). This makes later shares worth much more than earlier shares, thus the miner's score quickly diminishes when they stop mining on the pool. Rewards are calculated proportionally to scores (and not to shares). (at slush's pool C=300 seconds, and every hour scores are normalized)
SMPPS - Shared Maximum Pay Per Share. Like Pay Per Share, but never pays more than the pool earns.
FPPS - Full Pay Per Share. Similar to PPS，but not only divide regular block reward (6.25 BTC for now) but also some of the transaction fees. Calculate a standard transaction fee within a certain period and distribute it to miners according to their hash power contributions in the pool. It will increase the miners' earnings by sharing some of the transaction fees.
Basically they all are on a scale from solo mining where you get 100% of the rewards when you find a block(and nothing otherwise), up to small payouts for every share for a more stable payout over time.
Here are some pools:
There's also ckpool solo if you want to solo mine. There's a 2% fee there.
I wonder why you would choose a pool because it's "popular".
Even if it's the largest Foundry probably is the least popular since is a closed one and a newbie won't be able to get in anyhow.
Rather than going for popular or anything else go for the fees, and payment structure, see if they have extra options to mine the best earning coin, auto exchange to protect you from fluctuations if you're the $ guy, everything you consider to be good or bad and don't forget to test your connection to it, with so little info given god knows if you're not on the other side of the globe from all of the servers, I've seen almost every kind of problem around here so that wouldn't amaze me one bit.
Even if it's the largest Foundry probably is the least popular since is a closed one and a newbie won't be able to get in anyhow.
Rather than going for popular or anything else go for the fees, and payment structure, see if they have extra options to mine the best earning coin, auto exchange to protect you from fluctuations if you're the $ guy, everything you consider to be good or bad and don't forget to test your connection to it, with so little info given god knows if you're not on the other side of the globe from all of the servers, I've seen almost every kind of problem around here so that wouldn't amaze me one bit.
Actually, I never heard of this website before.
The miningpoolstat is sorted with hashrate which is why this foundrydigital site takes the first position.
I suggest better don't mine on that pool try viabtc.com or slush pool. Or another pool listed on miningpoolstats. I won't take any risk mining on a not well-known pool and possible manipulated hashrate.
The miningpoolstat is sorted with hashrate which is why this foundrydigital site takes the first position.
I suggest better don't mine on that pool try viabtc.com or slush pool. Or another pool listed on miningpoolstats. I won't take any risk mining on a not well-known pool and possible manipulated hashrate.
Really, you have not heard about "Foundry "before? they have been the largest mining pool for many months, there is no manipulated hashrate here, they found the most blocks and thus they are the largest pool, however, their pool unlike most others isn't public, it's only for large miners, I think the minimum they require is 50ph or so.
OP, you need to first decide whether you want PPS or PPLNS payments, after that, picking the right pool isn't difficult at all.
case speaks
Actually, I never heard of this website before.
The miningpoolstat is sorted with hashrate which is why this foundrydigital site takes the first position.
I suggest better don't mine on that pool try viabtc.com or slush pool. Or another pool listed on miningpoolstats. I won't take any risk mining on a not well-known pool and possible manipulated hashrate.
The miningpoolstat is sorted with hashrate which is why this foundrydigital site takes the first position.
I suggest better don't mine on that pool try viabtc.com or slush pool. Or another pool listed on miningpoolstats. I won't take any risk mining on a not well-known pool and possible manipulated hashrate.
Hello folks
I was wondering what is the most popular BTC pool out there
if i go here
https://miningpoolstats.stream/bitcoin
it says https://foundrydigital.com/ is the largest pool
any advice for a newbie?
I was wondering what is the most popular BTC pool out there
if i go here
https://miningpoolstats.stream/bitcoin
it says https://foundrydigital.com/ is the largest pool
any advice for a newbie?
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