Topic: p2pool vs BAN - page 2. (Read 4525 times)

Whether or not a PPS model is sustainable at all, let alone paying at 110% is another subject entirely, and one that has been addressed in the BAN thread.  Those of us who actually do comprehend basic arithmetic certainly know the answer.  Unfortunately, as you stated, the majority of the replies in that thread, and indeed the one provided here by fire000 are basically gibberish - full of spelling mistakes, grammatical errors and incomplete or run-on sentences.  Of course, by pointing that out I'm quite sure somebody will come here and write about how spelling correctly is not necessary, or that proper sentence structure is not needed to convey their arguments.

I'm quite convinced that nobody will appear to provide evidence as I have, but rather that this thread will devolve into mindless ravings by a bunch of fanatics who lack the basic ability to have a rational debate.  Oh well.  Maybe I'll be surprised.  Tis the season, after all .

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.

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.

LULZ....didn't take long for the dope BAN shill fire000 to bite did it?.......too easy

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.

JUST A CORRECTION TO THE ABOVE STATEMENT BAN IN FACT THE HIGHER PAYING POOL.....

now to explain it lol

take that eligius number that is a PPS pool like BAN but the difference is BAN is paying a bounus 10 percent on top of the normal 100 percent paying PPS now factor that in to the eligius numbers

10 percent of a not 100 percent paying PPS pool (due to the share shelving that eligus does) is 15.8041 x 0.1 = 1.58041

So when you add that 10 percent extra in BAN has paid out 17.38451 so cough cough you want to correct your statement re p2 and ban....   AS it in fact it the other way around...  AS BAN ALSO DOES NOT SHELF SHARES AS eligus does so that gap even higher when you factor in the shelf shares that eligus does

SOME simple math of the eligius PPS numbers show quite clear what the BAN payout would of been for the same time frame   PS they also merge mine now so that gap is further when the merge mining factored in again a PPS payout

Also something else that caught my eye is this part of the pool test results here So, none of his tested pools have met expectations.  However, p2Pool still wins here at 93.83% of expectations.  You can add another 6 percent to the number above of 17.38451 as BAN is paying out at 100 percent of a expected rigs earn day in and out before the 10 perecnt bonus is factored in a simple 24 hour test would show this clear as days that the BAN PPS is basically right on the money with a rig expected earn via the stats on the homepage and what any bitcoin calculator  splits out as the expected earn -/+ 1-2 percent to allow for a avg hash ...   <<<<   this comes back to the Eligius mod PPS system not paying a true 100 percent PPS due to the share shelving on their PPS so you would have to also look at the percent difference there as well of what the expected earn would of been on the rigs in question and also add that difference in to make up for the difference in the 2 different pps payouts ....   so that 6 percent could well be 10-15 percent have not sit there and done the numbers to find how much more BAN is paying vs eligius on the PPS front with out factoring in the bounus


NOW to the second lot of fud here

Miners and dates, with hash rate and expected earnings
7/20 - 7/30, 2xS1 @ 400GH/s.  Expected: 0.1121BTC
7/20 - 11/26 1xS3 @ 440GH/s.  Expected: 1.0367BTC
7/20 - 11/26 1xS3 @ 420GH/s.  Expected: 0.9896BTC
7/20 - 8/1 1xSP10 @ 1.35TH/s.  Expected: 0.4509BTC
8/1 - 11/26 3xS3 @ 1.32TH/s.  Expected: 2.6692BTC
8/9 - 11/26 3xS3 @ 1.32TH/s.  Expected: 2.3875BTC

Expected total earnings from mining: 7.646BTC

Actual mined BTC: 8.61186032BTC

Difference: 0.96586032BTC

P2Pool has beaten expectations for the time period that BAN has been in existence by 12.6%.  In other words, p2pool has paid 112.63% of expected earnings.    YOU MAY WANT TO SIT THERE AND ALSO FACTOR IN THE 10 percent bonus on the expected total earnings from mining: 7.646BTC THAT BAN PAYS which brings BAN UP TO 8.4106 btc and then factor in the NMC blocks they have hit in this time  YOU will more than likely find ban even out does P2 pool in this set of numbers as well or comes very close...  it NOT 12.6 percent as claimed above as the poster forgot to factor in the bonus payments on top of the PPS and the nmc blocks....   It more likely they are on par or BAN has it nose in front just earning wise on this second set of data....

BAN shill/troll bait.......

The purpose of this thread is not to have a pissing contest between fans of p2pool and fans of BAN.  Rather, this thread is here to provide actual proof of numbers.  I have provided such, and conclusively shown that p2pool has beaten BAN's 110% payout for the entirety of BAN's existence as a pool.  I have also shown that p2pool decisively beat BAN during their own published test period - by nearly 65%.

Am I saying everyone should be mining on p2pool?  No, I'm not.  I'm also not stating that everyone should mine on BAN.  The choice is completely up to you.  All I've done here is to provide a p2pool to BAN comparison to help educate miners.  It is a comparison that refutes and disproves BAN's claims that they are the highest paying pool around.  This doesn't mean you shouldn't choose their pool.  In fact, I encourage every miner to make an educated and informed decision about where to point their miners.  Look at the numbers.  Look at the advantages/disadvantages of the choices available to you.  Make your decision based on factual data.

I've posted factual data here and backed up my claims with evidence that can clearly be checked and verified.  I invite any BAN member to join me and provide the same.

As some of you know, I have been a staunch supporter of p2pool and have posted quite a few times regarding its advantages.  There used to be a great thread comparing p2pool to Eligius and BTCGuild.  Unfortunately, that thread has not been updated since August.  Recently, however, BAN has claimed they are the best paying pool, bar none.  Well, here's the proof that they are not.

Just for fun, I checked everything from the time BAN opened its doors (I used the announcement on BAN's website of 7/20/2014 as the start date) and compared that to my mining on p2pool for the same timeframe: 7/20/2014 until 11/26/2014.  I used http://retrocalc.net to figure out the expected earnings during this timeframe for my hash rate.  During this time, I have had S1s, SP10 and S3s mining.  I sold the S1s and the SP10 and the dates and data reflect them hashing until I unplugged them and shipped them out.  Here are the results:

Miners and dates, with hash rate and expected earnings
7/20 - 7/30, 2xS1 @ 400GH/s.  Expected: 0.1121BTC
7/20 - 11/26 1xS3 @ 440GH/s.  Expected: 1.0367BTC
7/20 - 11/26 1xS3 @ 420GH/s.  Expected: 0.9896BTC
7/20 - 8/1 1xSP10 @ 1.35TH/s.  Expected: 0.4509BTC
8/1 - 11/26 3xS3 @ 1.32TH/s.  Expected: 2.6692BTC
8/9 - 11/26 3xS3 @ 1.32TH/s.  Expected: 2.3875BTC

Expected total earnings from mining: 7.646BTC

Actual mined BTC: 8.61186032BTC

Difference: 0.96586032BTC

P2Pool has beaten expectations for the time period that BAN has been in existence by 12.6%.  In other words, p2pool has paid 112.63% of expected earnings.

Feel free to check the data.  Here are the addresses to which I've mined:
1DeVLDoGvkbbB5n3dPvbpDbwiKGjYckCy9
1H2uK38p6XEpiqPkECVNpC3CSTWxVwPGBS
1FEztNFHXvx7pCDSVy4xJ9JGxFGFSDKNXg
1BST6cuZ2ZhpsFaq3eY1xwFKzEDLfAWgqF
1DLcDRVncY7Zasd91oBw12XrQfLPohtNZP
1FWTtUBVk9XdkrfWkvS3uBN6CRkGgaMrQv

You can validate this against the blockchain, as well as see the payouts by going to http://minefast.coincadence.com/miner.php and plugging each of those addresses.

Therefore, in the BAN thread here: https://bitcointalksearch.org/topic/bitaffnet-how-were-the-1-bitcoin-mining-pool-in-the-world-or-so-we-thought-854368, the rankings should put p2pool as the number 1 paying pool.  By the way, I checked out the test as linked in that thread.  Nowhere does that test give actual proof of wallet addresses that can be verified as I have.  If I use the exact dates as that test, here are the numbers:

10/20 - 10/27 8xS3 @ 440GH/s. Expected: 0.3485BTC.  Actual: 0.60947698BTC.  Difference of 0.26097698BTC.

During the tested timeframe, p2pool beat expectations by 74.86%.  You're reading that right.  During the timeframe from 10/20 - 10/27, p2pool paid 174.86% of expected earnings, which absolutely destroys any other of the tested pools.  Once again, please feel free to validate my data.  I mined to 1DeVLDoGvkbbB5n3dPvbpDbwiKGjYckCy9, and the payouts can be easily verified.

So, in conclusion, p2pool has consistently beaten expectations and has beaten BAN's payouts, not only for the period they tested, but for the entirety of BAN's existence.

EDIT: semaster has updated his comparison thread of p2pool vs Eligius vs BTCGuild.  The thread is located here: https://bitcointalksearch.org/topic/benchmark-p2pool-vs-btcguild-vs-eligius-416933.  According to his tests, p2pool is in the lead paying:

p2pool - BTC16.9718 VS btcguild (PPLNS) - BTC16.0933 VS Eligius BTC15.8041

Using his 6 S1s @ 1080GH/s total, expected earnings for that timeframe (2/1 - 10/30) are: 18.0886BTC.  So, none of his tested pools have met expectations.  However, p2Pool still wins here at 93.83% of expectations.