Looking for a new pool | Bitcointalksearch.org

film2240

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Quote from: Gabi on February 19, 2012, 12:37:25 PM

join P2pool.

Lol that guy want 2.5% of your mining income. Why you should give it to him? Why you should join a pool that KEEP all the transaction fees?

Using p2pool is easy, don't let the linux guide fool you in thinking it's like setting up a Stargate

In an ideal world,there would be no fees but there would also be no requirement for doing things other than register an account with your prefered pool and run it in GUIMiner and off you go. The 2.5% guy is beaten by my new prefered pool which is only 2% at ozpool but like that it pays more per share than all other pps type pools so Im sticking with Ozcoin.

I've reached a decision on which pool I wish to use.I will stick with Ozpool as my prefered pool and deepbit as a backup pool (due to higher fees than ozpool).
Thanks for all the help guys :-)
I'm locking this thread now as I'm sorted with new pools thanks to you.If I need a new pool in future,I'll start another thread instead.Once again thanks a lot for all your help. :-)

Gabi

legendary

Activity: 1148

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If you want to walk on water, get out of the boat

join P2pool.

Lol that guy want 2.5% of your mining income. Why you should give it to him? Why you should join a pool that KEEP all the transaction fees?

Using p2pool is easy, don't let the linux guide fool you in thinking it's like setting up a Stargate

nebulus

hero member

Activity: 490

Merit: 500

... it only gets better...

P2Pool, if you are not a moron of course.

omo

full member

Activity: 147

Merit: 100

if you like PPS, mmpool is a good choice, only 2.5% fee

DrHaribo

legendary

Activity: 2730

Merit: 1034

Needs more jiggawatts

Quote from: film2240 on February 19, 2012, 05:22:27 AM

I want to know about PPLNS so I can understand it.

PPLNS is similar to proportional. But instead of paying all shares submitted since the previous block was created, it pays the last N shares, regardless of block boundaries. Some shares get paid 1,2,3,4 times, some not at all.

I chose PPLNS because it is fair, safe from pool hopping, and one of the easier to understand income sharing methods.

BitMinter uses weighted and shift-based PPLNS. Weighted because we don't pay proportional to the number of shares, but the sum of their scores. A share's score is 1/difficulty. A share at low difficulty is worth more because it is more likely to create a block. Grouping shares into "shifts" makes it easier and more efficient to generate live statistics.

film2240

legendary

Activity: 1022

Merit: 1000

Freelance videographer

Quote from: DrHaribo on February 19, 2012, 04:54:44 AM

If you want something easy to use, try bitminter.com - signup is quick and we have a custom miner you can launch by clicking a button on the website. It doesn't get much simpler than that.

I've tested out the service.Very simple setup. Use of the beta miner gave me much higher performance than the normal bitminter miner.Can someone tell me about what PPLNS model since I only know PPS,OZpools models and prop. I want to know about PPLNS so I can understand it. Thanks.Like the pool.I have option of using my prefered miner if needed so overall a rather simple pool for those who aren't familiar with GUIMiner and the lot.Seems that Bitminters miner gave me about 8.58MHash/s whereas GUIMiner gave me 10.8MHash/s on laptop in win 7,overclocked to the max.

DrHaribo

legendary

Activity: 2730

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Needs more jiggawatts

If you want something easy to use, try bitminter.com - signup is quick and we have a custom miner you can launch by clicking a button on the website. It doesn't get much simpler than that.

film2240

legendary

Activity: 1022

Merit: 1000

Freelance videographer

Quote from: DeepBit on February 18, 2012, 03:53:03 PM

Quote from: film2240 on February 18, 2012, 03:45:49 PM

Only 1 minor quibble is the worker name is _.Is there a way to change that? Why is that on Deepbit?

What's wrong with it ?
AFAIR all mining software supports such names just fine.

What I mean is most pools support names that dont reveal email address in hte naming convention you see.The act of revealing email addresses via naming conventions for mining workers is unusual.The pools I've used never used my email address in any naming convention. If I can change that,it'd be perfect.How to change away from using email address for worker name method?

If you read my reply,you'd see that I said it was a minor quibble not a complaint (so I didn't even say it was a big deal at all)

Anyway apart from that minor thing, everything seems to be going well which is a good sign meaning that If I was to have a new main pool,It'd be ozpool (due to high payout per share and low fees) and my backup pool would be Deepbit as it has demostrated itself to be very reliable which is what's needed if my favoured pool goes down for some reason. Having a strong backup like Deepbit is important for my mining plan. Thanks for all the suggestions guys,it's all been very helpful. :-)

DeepBit

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Activity: 532

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Quote from: film2240 on February 18, 2012, 03:45:49 PM

Only 1 minor quibble is the worker name is _.Is there a way to change that? Why is that on Deepbit?

What's wrong with it ?
AFAIR all mining software supports such names just fine.

DeepBit

donator

Activity: 532

Merit: 501

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Quote from: film2240 on February 18, 2012, 03:38:57 PM

Thanks for the deepbit suggestion.I'll try that out as well to test.They usually have a record of being solid and not bug ridden so I'll give it a go.10% fee seems high for PPS but does that stabilise payments on blocks with poor luck or something? (so I can understand)

Yes, but there is no so much luck involved with such a big pool.
If you are going to mine for days, your luck will be close to expected anyway, so you can mine in Proportional mode with lower fee.

film2240

legendary

Activity: 1022

Merit: 1000

Freelance videographer

Testing out Deepbit now.setup is straight forward.A big plus is the more miners there are in a pool,the faster the payouts will be.Only 1 minor quibble is the worker name is _.Is there a way to change that? Why is that on Deepbit? I have access to refresh balance on GUIMiner.Very useful

stevegee58

legendary

Activity: 916

Merit: 1003

If you choose PPS your daily payment will be almost exactly same all the time.

film2240

legendary

Activity: 1022

Merit: 1000

Freelance videographer

Quote from: stevegee58 on February 18, 2012, 03:33:55 PM

If you wanna just get your feet wet, start with deepbit. It's not like you're getting married or anything. You can join any of the pools and switch among them as you like.

I started with deepbit because it was very easy to set up and monitor. The server is very reliable.

If you use proportional the fee is 3%. If you use PPS the fee is 10%. Obviously using proportional has more daily variation in payout but on average you come out ahead. For instance I have a 200 Mh/sec setup; some days I made 0.10 BTC and others I made 0.16 BTC.

Thanks for the deepbit suggestion.I'll try that out as well to test.They usually have a record of being solid and not bug ridden so I'll give it a go.10% fee seems high for PPS but does that stabilise payments on blocks with poor luck or something? (so I can understand)

stevegee58

legendary

Activity: 916

Merit: 1003

If you wanna just get your feet wet, start with deepbit. It's not like you're getting married or anything. You can join any of the pools and switch among them as you like.

I started with deepbit because it was very easy to set up and monitor. The server is very reliable.

If you use proportional the fee is 3%. If you use PPS the fee is 10%. Obviously using proportional has more daily variation in payout but on average you come out ahead. For instance I have a 200 Mh/sec setup; some days I made 0.10 BTC and others I made 0.16 BTC.

film2240

legendary

Activity: 1022

Merit: 1000

Freelance videographer

Quote from: cheat_2_win on February 18, 2012, 02:01:30 PM

Quote from: film2240 on February 18, 2012, 06:28:40 AM

P2P pool is not an option as I've heard complaints of people getting less for their hashes than a traditional pool as well as a complex setup (Shouldn't take more than creating a user account and setting up your worker and be done,anything more is a definate no-no)

If you are willing to believe what other people are saying without trying it out yourself, there is nothing I can do. But try P2pool out. You will start wondering why you didn't move to P2pool earlier.

I appreciate your enthusiasm for P2 pool but from what I've seen with the setup guide,sounds too complex than simply creating a user account on a pools website. When I have the chance,P2Pool will be tested.Please link me to the setup guide and what P2Pools all about ok so I can learn about it. If p2pool is as straightforward as what I requested earlier in my original post,then it's great,if it takes tweaking settings I don't understand then I'll pass.

cheat_2_win

full member

Activity: 215

Merit: 100

Quote from: film2240 on February 18, 2012, 06:28:40 AM

P2P pool is not an option as I've heard complaints of people getting less for their hashes than a traditional pool as well as a complex setup (Shouldn't take more than creating a user account and setting up your worker and be done,anything more is a definate no-no)

If you are willing to believe what other people are saying without trying it out yourself, there is nothing I can do. But try P2pool out. You will start wondering why you didn't move to P2pool earlier.

film2240

legendary

Activity: 1022

Merit: 1000

Freelance videographer

Quote from: Ex on February 18, 2012, 12:09:21 PM

film2240
oh yeah i used to mine at bitcoins.lc too, however, it was easy, nice and bug-free, so the main reason for me to switch was the pool hoppers. Uhm and this:

Quote from: Jine on February 04, 2012, 03:55:09 PM

We DO support PS2H and I've been in contact with Gavin for the past month regarding this, we also discovered a bug in the P2SH backports

i was like.. wtf are we going to support?
So yeah, i ended up mining at EclipseMC since they are providing a choice what to support. Though, yesterdays outage forced me to look for a backup pool too

Thanks for all the offers guys.Thanks for helping me understand why pool hoppers are a real problem (when people hop pools,it slows things down for the rest of the pool I think because mid way the speed dips massively=longer rounds and users cheated out of BTC). I'm now a convert from Proportional to a PPS like model now.This way if my computers crash,the submitted shares so far wil always be credited whereas in proportional you won't get anything or much for the entire round (depending on what you worked on before)

Keep the offer rolling as I'm still trying out new pools. :-) My top fave so far is ozcoin.in but I'm sure there are others that I've not yet discovered or heard of.

redditorrex

sr. member

Activity: 280

Merit: 250

Nom Nom Nom

Quote from: film2240 on February 18, 2012, 06:28:40 AM

I'm looking to switch away form bitcoins.lc (aka bitlc.net) as it is too bug ridden for my liking as any other day now a new issue crops up.I'm looking for a pool that gives me the most BTC from my efforts (whatever payment system does this I'm interested in)

I don't mind having to use a rather large pool if need be but fees must be very low or free (Deepbit charges a fee but offers a lot more than my pool).All I care about is a straightforward pool that is generally reliable that pays me the most for my efforts (400MHash/s).

P2P pool is not an option as I've heard complaints of people getting less for their hashes than a traditional pool as well as a complex setup (Shouldn't take more than creating a user account and setting up your worker and be done,anything more is a definate no-no)

I'm open to most types of offers (including refferals providing that they give me something in return for following them) from users of other pools that have had a relatively trouble free experience.

Thanks

Mt.Red has some extra space.

Ex

newbie

Activity: 10

Merit: 0

film2240
oh yeah i used to mine at bitcoins.lc too, however, it was easy, nice and bug-free, so the main reason for me to switch was the pool hoppers. Uhm and this:

Quote from: Jine on February 04, 2012, 03:55:09 PM

We DO support PS2H and I've been in contact with Gavin for the past month regarding this, we also discovered a bug in the P2SH backports

i was like.. wtf are we going to support?
So yeah, i ended up mining at EclipseMC since they are providing a choice what to support. Though, yesterdays outage forced me to look for a backup pool too

ThiagoCMC

legendary

Activity: 1204

Merit: 1000

฿itcoin: Currency of Resistance!

Quote from: film2240 on February 18, 2012, 06:28:40 AM

I'm looking to switch away form bitcoins.lc (aka bitlc.net) as it is too bug ridden for my liking as any other day now a new issue crops up.I'm looking for a pool that gives me the most BTC from my efforts (whatever payment system does this I'm interested in)

I don't mind having to use a rather large pool if need be but fees must be very low or free (Deepbit charges a fee but offers a lot more than my pool).All I care about is a straightforward pool that is generally reliable that pays me the most for my efforts (400MHash/s).

P2P pool is not an option as I've heard complaints of people getting less for their hashes than a traditional pool as well as a complex setup (Shouldn't take more than creating a user account and setting up your worker and be done,anything more is a definate no-no)

I'm open to most types of offers (including refferals providing that they give me something in return for following them) from users of other pools that have had a relatively trouble free experience.

Thanks

1- P2Pool
2- EclipseMC
3- http://mmpool.bitparking.com/

Jine

sr. member

Activity: 403

Merit: 250

Quote from: film2240 on February 18, 2012, 08:33:45 AM

Quote from: Jine on February 18, 2012, 08:30:04 AM

... just to update my previous post in here.
The fix for the reward calculation is now pushed to production.

We wrote a few lines python to help convert between difficulty and hextarget.

--
Regards, Jim
Bit LC Inc.

When this fix is applied will this mean that my backlogged BTC will be paid,Jine?

Hi!

Hang on for a moment there, backlogged BTC?
The only issue was that the estimate was offline (ie showing 0.0 BTC / 24h), the block detection and crediting of funds have worked perfectly all the time!

--
Regards, Jim
Bit LC Inc.

Graet

vip

Activity: 980

Merit: 1001

Quote from: film2240 on February 18, 2012, 08:25:06 AM

Quote from: ryannathans on February 18, 2012, 07:10:37 AM

Try ozcoin, it uses a DGM payment system.

They typically average 500mhash/s, the other day past 1.4Thash/s

Here's a payout comparison with PPS.

http://ozco.in/content/share-payout-comparison-bitcoin

I've checked out ozcoin and this appears to pay more than typical PPS pools.Am I reading this right? I'll consider that as my backup pool.Looks good though :-)

Update:I've got it up and running quite quickly.Works like a charm ozcoin.How to setup backup pool in GUIminer? Thanks.

Welcome film2240
Great to hear setup is easy

The graph displays pps rewared by difficulty.
Since the move to DGM we have been lucky, the graph is accurate, but obviously I cannot forcast future luck

(I can hope it continues though) Cheesy

Best
Graeme

film2240

legendary

Activity: 1022

Merit: 1000

Freelance videographer

Quote from: Jine on February 18, 2012, 08:30:04 AM

... just to update my previous post in here.
The fix for the reward calculation is now pushed to production.

We wrote a few lines python to help convert between difficulty and hextarget.

--
Regards, Jim
Bit LC Inc.

When this fix is applied will this mean that my backlogged BTC will be paid,Jine?

Jine

sr. member

Activity: 403

Merit: 250

... just to update my previous post in here.
The fix for the reward calculation is now pushed to production.

We wrote a few lines python to help convert between difficulty and hextarget.

EDIT: Just to be 100% clear - the issue was affecting the estimate calculation, it was showing 0 BTC / 24h instead of the real value, cause it used blockexplorer.com for that estimate calculation.

Everything else was working perfectly fine.
The issue was not in our system, but that the fact that blockexplorer.com is down.

--
Regards, Jim
Bit LC Inc.

film2240

legendary

Activity: 1022

Merit: 1000

Freelance videographer

Quote from: ryannathans on February 18, 2012, 07:10:37 AM

Try ozcoin, it uses a DGM payment system.

They typically average 500mhash/s, the other day past 1.4Thash/s

Here's a payout comparison with PPS.

http://ozco.in/content/share-payout-comparison-bitcoin

I've checked out ozcoin and this appears to pay more than typical PPS pools.Am I reading this right? I'll consider that as my backup pool.Looks good though :-)

Update:I've got it up and running quite quickly.Works like a charm ozcoin.How to setup backup pool in GUIminer? Thanks.

Jine

sr. member

Activity: 403

Merit: 250

Sorry to hear about you've having issues with our pool.
We're currently working on the reward calculation as you've reported earlier.

It's down due to blockexplorer.com is down (stupid me based the calculation on their API)

Working on a fix for that currently.

--
Regards, Jim
Bit LC Inc.

ryannathans

newbie

Activity: 34

Merit: 0

Try ozcoin, it uses a DGM payment system.

They typically average 500mhash/s, the other day past 1.4Thash/s

Here's a payout comparison with PPS.

http://ozco.in/content/share-payout-comparison-bitcoin

film2240

legendary

Activity: 1022

Merit: 1000

Freelance videographer

I'm looking to switch away form bitcoins.lc (aka bitlc.net) as it is too bug ridden for my liking as any other day now a new issue crops up.I'm looking for a pool that gives me the most BTC from my efforts (whatever payment system does this I'm interested in)

I don't mind having to use a rather large pool if need be but fees must be very low or free (Deepbit charges a fee but offers a lot more than my pool).All I care about is a straightforward pool that is generally reliable that pays me the most for my efforts (400MHash/s).

P2P pool is not an option as I've heard complaints of people getting less for their hashes than a traditional pool as well as a complex setup (Shouldn't take more than creating a user account and setting up your worker and be done,anything more is a definate no-no)

I'm open to most types of offers (including refferals providing that they give me something in return for following them) from users of other pools that have had a relatively trouble free experience.

Thanks

Topic: Looking for a new pool (Read 3288 times)