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Topic: Pool luck? - page 2. (Read 5478 times)

legendary
Activity: 3583
Merit: 1094
Think for yourself
August 14, 2014, 02:48:54 PM
#3
I'm new and have been using btcguild and ghash.io. I am seeing accusations of stealing from miners being aimed at both pools.

...Snip...

Are there any pools that come with verifiable honest dealings with miners?


You will be hard pressed to find a more reputable and responsive pool operator then Eleuthria at BTC Guild.  I have NEVER heard of BTC Guild "stealing" from miners.  Whoever told you that either knows something I don't or is a bald faced liar!
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
August 14, 2014, 02:48:24 PM
#2
Pretty much every online calculator will provide you with expected earnings per day.  You can calculate it on your own with the following formula:
Code:
25 / (Difficulty * 2^32 / hash rate / 86400)
You can see how close you get by comparing the result of that to what your pool actually mined for you.  Trying to predict luck is a fool's errand.  The very nature of the mining process is luck.  Even the formula I provided is only a probability of what you should earn in a 24 hour period.

Typically the bigger the pool, the less of an effect variance will have on you.  If you're looking for control, run your own pool and try to get other miners to join it, or you could always run your own p2pool node.
newbie
Activity: 4
Merit: 0
August 14, 2014, 02:34:52 PM
#1
I'm new and have been using btcguild and ghash.io. I am seeing accusations of stealing from miners being aimed at both pools. I have been trying to keep track of both by using the formula below to come up with $ per day per miner on average. Using S1s overclocked to 200.

(total mined) / (number hours) * 24 / (all miners hashrate) * (individual miner hashrate)

Then I add the results for each day and divide by the number of days.

For the last 10 days
btcguild = 2.32
ghash.io = 2.35

Not much difference.

btcguild seems to be having some very bad luck yesterday and today. ghash.io seemed to be having very bad luck a few weeks ago.

Are there any pools that come with verifiable honest dealings with miners?
Any good ideas on how to monitor things that aren't to intensive?

:-P
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