Author

Topic: Personal opinion (Read 1304 times)

legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
November 14, 2013, 01:14:01 PM
#10
So this is a comparison of the luck of two pools over a few days?

Remember that past luck has no effect on future luck.

Read up on gambler's fallacy on Wikipedia: http://en.wikipedia.org/wiki/Gambler%27s_fallacy
hero member
Activity: 698
Merit: 500
November 14, 2013, 09:31:02 AM
#9
I will never understand how people with such a bad understanding of pools and basic math invest so much money into mining.

but worst part is they share their knowledge
newbie
Activity: 47
Merit: 0
November 13, 2013, 03:05:38 PM
#8
I start to come to the same conclusion. Ive mined with Slush. Steady 0.3x daily. Moved to Eligius - wonder if Ill get 0.2 by the end of the day. Everybody around are so happy with Eligius. Not me. Wait till the end of the day and propabbly swith to other pool.

There is something called "pool luck".
full member
Activity: 168
Merit: 100
October 25, 2013, 12:40:21 AM
#7
I will never understand how people with such a bad understanding of pools and basic math invest so much money into mining.
legendary
Activity: 1022
Merit: 1000
BitMinter
October 24, 2013, 01:49:20 PM
#6
I see why people use fee based pools vs non-fee based.

I colleague of mine suggested I switch to a non-fee based pool and give it a try. So I did, I pointed all my miners at this one site, the fee base site before paid out on average 0.4x BTC's to me on average (fees included), sometimes it was little bit more one day and a little bit less the next but it averages out to what 226GH/s would get on the current difficulty.

So far with the non-fee based pool I have lots a lot of bitcoins. I haven't come close to the 0.4x BTC's I am used to getting with the fee based system. Sadly with switching back to the fee based system I have to let things ramp up a bit before I start seeing my normal take.

I am not trying to start a war, but I am sharing my opinion so that if other people who are wondering which pool they should go with can read this and decide for themselves.

Thanks,

Pool operator deserves every satoshi of your coins... Cheesy
hero member
Activity: 1246
Merit: 501
October 24, 2013, 07:32:15 AM
#5
One day isn't long enough.  Variance and all that.
member
Activity: 71
Merit: 10
October 24, 2013, 07:12:32 AM
#4
I start to come to the same conclusion. Ive mined with Slush. Steady 0.3x daily. Moved to Eligius - wonder if Ill get 0.2 by the end of the day. Everybody around are so happy with Eligius. Not me. Wait till the end of the day and propabbly swith to other pool.
sr. member
Activity: 366
Merit: 250
October 22, 2013, 07:44:44 AM
#3
You should be getting more Bitcoin on non-fee. Check your stale rate and luck factor.
hero member
Activity: 700
Merit: 500
October 21, 2013, 07:17:21 AM
#2
The non-fee one was using by chance DGM? How long have you mined there?
hero member
Activity: 630
Merit: 501
October 21, 2013, 07:00:58 AM
#1
I see why people use fee based pools vs non-fee based.

I colleague of mine suggested I switch to a non-fee based pool and give it a try. So I did, I pointed all my miners at this one site, the fee base site before paid out on average 0.4x BTC's to me on average (fees included), sometimes it was little bit more one day and a little bit less the next but it averages out to what 226GH/s would get on the current difficulty.

So far with the non-fee based pool I have lots a lot of bitcoins. I haven't come close to the 0.4x BTC's I am used to getting with the fee based system. Sadly with switching back to the fee based system I have to let things ramp up a bit before I start seeing my normal take.

I am not trying to start a war, but I am sharing my opinion so that if other people who are wondering which pool they should go with can read this and decide for themselves.

Thanks,
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