Topic: p2pool vs BAN (Read 4525 times)

Yeah reviving a half year long thread. But I am not spamming or saying useless things.

I don't know ban and never mined there but the instant you don't control your node, it's no different than not controlling your private keys. Mining in a pool you have no control is no different than leaving fiat in the bank instead of at home. You are trusting them. It's goddamn easy for pools to steal your hashrate and luck would be to blame. Not to mention use it for things such as destroying coins/51% attack.
Seems like p2pool is the only 100% trustless pool (please correct me if I am wrong!). It's sad it has less than 0.5% of the total bitcoin network hashrate.

It's like he just jumped right in the boat without even bothering to put up a fight.  Too bad his response offered up absolutely nothing of value.

I really do wish someone who's been mining on BAN would come and share their experience and payouts so we can see just how they actually do.

Lmao any normal person that knows how to use a bitcoin calculator can work this out..   We do not need to post anything as on a TRUE PPS paying pool earnings match your rigs expected earnings minus the pool fee if there is one eg discus at 4 percent or in BAN case zero fees   DAY in and out

A true PPS paying pool is one of the most open and upfront paying methods that a pool operator can use as there NO way to hide things as joe bloggs has only got to do the above to work out their payouts and if it does not match (1-2 percent margin for hash)  you know the pool not paying right  

And to the second part of this post there was a 20 day test ran and the info is over in the BAN thread...   In that test BAN paid 50 percent higher than p2

Here you go spreading lies and misconceptions yet again.  First you try to derail the thread by bringing Eligius into it - which has absolutely nothing to do with the topic.  Now you're writing the same garbage about how BAN kills other pools and yet have not shown a single shred of evidence to prove your claims.  I have PROVEN that p2pool outperformed BAN since BAN began, and I have PROVEN that p2pool crushed BAN during the testing period shown in the "BAN is the best" thread.

Put your BTC where your mouth is.  Show me the evidence of how BAN is crushing p2pool.  You can't because such evidence doesn't exist.

so true on this side and the trolls are forgetting that side even when that 10 percent is taken out BAN still kills the other pools as it works to a expected rigs earn on the PPS not like the other pools which are all down from it as the long term data above shows quite clear as NONE have hit the expected earns where BAN would of been on par with it...   Even the other 2 true paying PPS POOLS that charge a fee in discus fish and the other one would of killed the PPNLS pools in that data....    AS discus fish is also a true paying PPS pool charging a 4 percent fee so that pool would also out done p2 pool BTC GUILD and elgiuis etc.....

And people wonder why discus grow so fast it cause people know how to use a calculator unlike the trolls in here and wanted a stop put to been ripped off by pool operators that use a pplns payout system or any of the other mod payouts eg the eliguis one etc....   

Ok show me where ANYBODY has gotten scammed up to this point today! show me! To date the pool has paid everything they said they would.  you are the one that was spouting off how you rent your mining equipment to s0br at some ungodly rate and laughed about it. so how do you sleep at night raping miners renting equipment at a rate that they can not make a profit??  

EDIT: I guess if I didn't care I would have never posted this I just moved my miners off BAN as the payments and website are both down but will move them back once I know everything is ok.

Lmao you may want to re read the post of mine again it stated in there it is a 10 percent of a not 100 percent paying PPS pool (due to the share shelving that eligus does)

s0br post over 3 months ago that it was a temporary thing to only build hash rate and when the pool got to 5PH it would most likely stop. I dont think anybody thinks it will last forever.

Why don't you go look yourself? I assume you are used to being wrong by now, so you shouldn't be surprised to learn the answer is: NO. It is NOT a pure PPS pool.

The miners who started mining early on will likely end up with a positive EV from mining on BAN as their early extra payments would make up for the lower/no payments that will eventually happen when they can no longer afford to continue paying 110% pps. It is the miners who start mining on BAN later on that will end up getting screwed as they will have a higher percentage of their total EV mining reward withheald when they eventually collapse and stop paying mining proceeds.

The only way a pool can payout 110% pps is if they are able to have an average luck of over 110%

eleuthria its hard to get "fucked over" when you can get paid hourly. I have enough bonus payments and then some (a S3 miner free)  that I could not get paid for a month and still not get screwed. I have been screwed over worst back when I mined at Slushes pool ( and no pool operatorer to be found when needed) and got screwed on a couple of payouts and that is why I moved to BTC Guild when I did.

edit: I just moved my miners off BAN as the payments and website are both down but will move them back once I know everything is ok.

Good luck on that wish.  Based on their thread(s), it's nothing but people who can't spell, perform basic arithmetic, or understand that -10% fee PPS is going to end in a lot of people getting fucked over if they're not already.

Jesus, you are hard-headed, aren't you? What is it going to take for you to realize that a pool cannot sustain itself at 110% PPS! Should've stuck to BTCGuild or even slush. While I want to give you the benefit of the doubt, I'm beginning to wonder if you shouldn't be placed in the same category as fire000 and cyberpinoy. Although, I will say, you are much better with the keyboard than those two.

EDIT: OK, so your argument is, "hey, even if it turns out to be a scam, I already have received enough in payouts from BAN to offset me getting screwed". That's great for you and you only, what about innnocent miners who come across BAN and read posts like yours assuming they will have the same results? I guess you don't give a shit about those people, do you? so you are going to continue to promote a pool until they decide to freeze payouts, and that's cool with you as long as you know that its  the new, smaller miners who are getting fucked, and not you.

IS eliguis NOT A PPS paying pool ?

The full block reward (including transaction fees) is distributed according to the Capped PPS with Recent Backpay (CPPSRB) system.

Let's pick apart your completely nonsensical reply.

Sure would have been nice if you actually bothered explaining the completely false statement you just made.  But instead, you lead off with some rambling BS about Eligius.  What does Eligius have to do with anything here?  The answer is nothing.  Let's move on.

Oh look... you make ridiculous claims about the Eligius payout system, how BAN would have done better and your conclusion is that I need to revise my statement on p2pool.  You offer no proof of any of your claims, which I guess I can understand since the claims themselves have absolutely no basis in reality.

You're still on Eligius and trying to convince everyone that BAN is going to beat it by 10-15% but offer absolutely no proof.  Good luck.

No FUD here, just solid numbers that can be verified from the addresses I provided.  What's that?  Oh yeah, it's called proof.  Something you have completely neglected to provide.

Um... 12.63% beats 10% every time.  Not sure how you're convincing yourself otherwise.  NMC?  That's not included, but if you want to, I will.  I merge mine not only NMC, but also DVC, IXC, I0C, FSC.  Oh, p2pool also has a donation mechanism, whereby anyone can donate as much BTC as they want.  Should I also include that into this?  If we do, then my numbers only go up, since during the timeframe of the experiment, I mined blocks of all of the merged coins and received donations.

I didn't forget anything, and I never claimed p2pool beat BAN by 12.6%.  I clearly laid out what was mined on p2pool during specific timeframes.  The first was during the entirety of BAN's existence and the result was that p2pool paid 112.63% of expectations, which does in fact beat BAN's 110% of expectations - meaning p2pool beats BAN by 2.63%.  The second timeframe, which you completely ignored in your reply, p2pool paid 174.86% of expected earnings - meaning p2pool beat BAN by 64.86%.  I even showed numbers from a long running experiment in which p2pool has from February 1 until now beaten two highly recognized pools.

So, in conclusion, p2pool has beaten BAN's payouts for the entirety of BAN's existence.  I have provided absolutely irrefutable proof of my argument.  I invite anyone who has been mining on BAN for the same timeframes to please join this thread to show your numbers so we can all see a true and honest comparison between the pools.

Jesus, you are hard-headed, aren't you? What is it going to take for you to realize that a pool cannot sustain itself at 110% PPS! Should've stuck to BTCGuild or even slush. While I want to give you the benefit of the doubt, I'm beginning to wonder if you shouldn't be placed in the same category as fire000 and cyberpinoy. Although, I will say, you are much better with the keyboard than those two.

eleuthria its hard to get "fucked over" when you can get paid hourly. I have enough bonus payments and then some (a S3 miner free)  that I could not get paid for a month and still not get screwed. I have been screwed over worst back when I mined at Slushes pool ( and no pool operatorer to be found when needed) and got screwed on a couple of payouts and that is why I moved to BTC Guild when I did.

edit: I just moved my miners off BAN as the payments and website are both down but will move them back once I know everything is ok.

Good luck on that wish.  Based on their thread(s), it's nothing but people who can't spell, perform basic arithmetic, or understand that -10% fee PPS is going to end in a lot of people getting fucked over if they're not already.

Good luck on that wish.  Based on their thread(s), it's nothing but people who can't spell, perform basic arithmetic, or understand that -10% fee PPS is going to end in a lot of people getting fucked over if they're not already.