Author

Topic: Pool rotating, why/how? (Read 2417 times)

sr. member
Activity: 434
Merit: 250
May 15, 2013, 08:16:57 AM
#9
You can also mine separate coins if you rotate pools. I know someone who mines ppc and trc that way, rotating every 15 minutes.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
May 11, 2013, 09:19:25 AM
#8
IIRC, it's a way to eliminate as much variance as possible.

Pool A has a run of bad luck, and they're averaging 163% over the past 3 days.

Pool B has a run of good luck, and they're averaging 63% over the past 3 days.

Pool B helps eliminate the low peaks during Pool A's bad times, and then a week later when Pool A is doing awesome and Pool B isn't, they even each other out.

You won't make more coin, but they will (theoretically) be more consistent, even, and predictable earnings.

Other people smarter than me have done the maths, but I just can't find it right now. Or I don't want to look, that's a giant possibility.

Crazyates, you're such a slacker Wink

This is the post you're looking for:

https://bitcointalksearch.org/topic/mine-in-multiple-pools-to-reduce-variance-78031
member
Activity: 115
Merit: 10
May 06, 2013, 10:45:28 AM
#7
Hi,

(I use cgminer as my mining software on 2 dedicated machines).

One of the option is to rotate between various pools, I understand that it rotates between pools on fall over, (by default).

But, there is also the option to rotate every N minutes, ("rotate" : ""), what is the point of rotating between pools?
Does it really make any difference to rotate pools on a regular basis?

I am registered with BitMinter and 50BTC and both seem to work just fine, but why rotate between pools?

FFMG

Pool rotation may yield more on Proportional pay pools.
full member
Activity: 173
Merit: 100
May 05, 2013, 07:54:41 PM
#6
Instead of rotating, I use CGminer/BFGMiner pool balance feature. It is a great way of decreasing variance.

I used 4 pools in the past namely BTCGuild, Bitminter, Eclipse, and MtRed. Sometimes replace one with OzCoin (be great if workers can be configured individually).

With BTCGuild hash rate going up exponentially, Bitminter connection problems, and MtRed shutting down; I am now currently using Eclipse and Itzod.

2 workers on Eclipse (1 configured as DGM and 1 as PPS) and Itzod replaced MtRed.
legendary
Activity: 1890
Merit: 1003
May 02, 2013, 05:51:36 AM
#5
IIRC, it's a way to eliminate as much variance as possible.

Pool A has a run of bad luck, and they're averaging 163% over the past 3 days.

Pool B has a run of good luck, and they're averaging 63% over the past 3 days.

Pool B helps eliminate the low peaks during Pool A's bad times, and then a week later when Pool A is doing awesome and Pool B isn't, they even each other out.

You won't make more coin, but they will (theoretically) be more consistent, even, and predictable earnings.

Other people smarter than me have done the maths, but I just can't find it right now. Or I don't want to look, that's a giant possibility.
I've actually figured out a way to increase earnings. Though I am currently testing the theory and then automating the process.
legendary
Activity: 952
Merit: 1000
May 01, 2013, 08:56:04 PM
#4
IIRC, it's a way to eliminate as much variance as possible.

Pool A has a run of bad luck, and they're averaging 163% over the past 3 days.

Pool B has a run of good luck, and they're averaging 63% over the past 3 days.

Pool B helps eliminate the low peaks during Pool A's bad times, and then a week later when Pool A is doing awesome and Pool B isn't, they even each other out.

You won't make more coin, but they will (theoretically) be more consistent, even, and predictable earnings.

Other people smarter than me have done the maths, but I just can't find it right now. Or I don't want to look, that's a giant possibility.
sr. member
Activity: 263
Merit: 250
Pool operator of Triplemining.com
May 01, 2013, 06:07:29 PM
#3
You should always use a backup pool so your miner doesn't go down if the pool is down.

Also, rotating means in the case a pool is hacked, you won't loose everything Smiley
legendary
Activity: 3583
Merit: 1094
Think for yourself
May 01, 2013, 03:42:09 PM
#2
Hi,

(I use cgminer as my mining software on 2 dedicated machines).

One of the option is to rotate between various pools, I understand that it rotates between pools on fall over, (by default).

But, there is also the option to rotate every N minutes, ("rotate" : ""), what is the point of rotating between pools?
Does it really make any difference to rotate pools on a regular basis?

I am registered with BitMinter and 50BTC and both seem to work just fine, but why rotate between pools?

FFMG

Just another option to distribute your hashrate if you like.

Why not? Smiley
Sam
member
Activity: 82
Merit: 10
May 01, 2013, 03:13:32 PM
#1
Hi,

(I use cgminer as my mining software on 2 dedicated machines).

One of the option is to rotate between various pools, I understand that it rotates between pools on fall over, (by default).

But, there is also the option to rotate every N minutes, ("rotate" : ""), what is the point of rotating between pools?
Does it really make any difference to rotate pools on a regular basis?

I am registered with BitMinter and 50BTC and both seem to work just fine, but why rotate between pools?

FFMG
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