Author

Topic: Profit of changing pool (Read 1390 times)

member
Activity: 109
Merit: 11
June 07, 2011, 07:13:36 PM
#15
You could have a go at http://www.bitcoins.lc/ since the difficulty just changed and see if you make more than 1BTC (the pool doesn't take fees and supports long polling).
+1
legendary
Activity: 1442
Merit: 1005
June 07, 2011, 06:10:33 PM
#14
You could have a go at http://www.bitcoins.lc/ since the difficulty just changed and see if you make more than 1BTC (the pool doesn't take fees and supports long polling).
hero member
Activity: 504
Merit: 500
FPGA Mining LLC
June 07, 2011, 06:04:41 PM
#13
Yes, smaller pools have higher variance. Unless they're PPS of course.
legendary
Activity: 2058
Merit: 1452
June 07, 2011, 06:00:54 PM
#12
how consistent are the payout at the smaller pools though... or does it average out

bitcoins.lc -> 72.56 Ghash/s from 289 workers
slush -> 1010.868 Ghash/s
less hashing power = less shares
less shares = more of the 50 btc
member
Activity: 87
Merit: 10
June 07, 2011, 05:59:07 PM
#11
how consistent are the payout at the smaller pools though... or does it average out

bitcoins.lc -> 72.56 Ghash/s from 289 workers
slush -> 1010.868 Ghash/s
hero member
Activity: 504
Merit: 500
FPGA Mining LLC
June 07, 2011, 05:52:15 PM
#10
I'm mining at 670Mhash/s on deepbit, and I earn about 1 BTC daily. How much would I earn if I were to change pool?

Depends on the pool of course. But back of the envelope calculation you would earn 1.13 BTC at Continuum in pay per share mode. More in the regular pool but with a higher variance. Other pools will yield different numbers. Just run your hashrate against the pool fees for each pool.
You must have miscalculated something. If he is in PPS mode at deepbit, and changes to PPS mode at continuum, he'll get 1.056BTC.

Oh, and I wouldn't recommend slush's pool, as it doesn't support long polling (which basically every other pool does), so you'll get more stale shares, which means ~2% less income.
newbie
Activity: 13
Merit: 0
June 07, 2011, 05:49:41 PM
#9
Okay, thanks guys! I'll probably change to Slush's pool then Tongue
member
Activity: 112
Merit: 10
June 07, 2011, 05:48:16 PM
#8
Being that Tycho charges 3% fee for Proportional and 10% for Pay-Per-Share, you would make 3-10% more at a pool with no fees, of which there are several.
member
Activity: 109
Merit: 11
June 07, 2011, 05:47:41 PM
#7
I'm mining at 670Mhash/s on deepbit, and I earn about 1 BTC daily. How much would I earn if I were to change pool?
You should make around 3% more @ bitcoins.lc.....
full member
Activity: 140
Merit: 100
June 07, 2011, 05:47:21 PM
#6
I'm mining at 670Mhash/s on deepbit, and I earn about 1 BTC daily. How much would I earn if I were to change pool?

Depends on the pool of course. But back of the envelope calculation you would earn 1.13 BTC at Continuum in pay per share mode. More in the regular pool but with a higher variance. Other pools will yield different numbers. Just run your hashrate against the pool fees for each pool.
sr. member
Activity: 314
Merit: 251
June 07, 2011, 05:46:12 PM
#5
More, if you'd change to Bitcoins.lc for example. The website also shows "Estimated earnings", so you'd know it after mining there for a while.
member
Activity: 74
Merit: 10
June 07, 2011, 05:45:22 PM
#4
If the pools have the same uptime then you'd earn the same at any of them, minus any fees of course.
member
Activity: 94
Merit: 10
June 07, 2011, 05:43:14 PM
#3
You should earn about the same amount.
full member
Activity: 126
Merit: 100
June 07, 2011, 05:42:56 PM
#2
Roughly the same.
newbie
Activity: 13
Merit: 0
June 07, 2011, 05:40:35 PM
#1
I'm mining at 670Mhash/s on deepbit, and I earn about 1 BTC daily. How much would I earn if I were to change pool?
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