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Topic: Re: Mining pools list - page 6. (Read 803 times)

donator
Activity: 2058
Merit: 1007
Poor impulse control.
October 26, 2016, 03:47:59 PM
I think the problem with "CrPPSRB" lies in its presentation.  People see that they are being paid back shares when the pool is lucky and think they're making out.  What is glossed over (and kano clearly points out), is that the absolute theoretical max reward is 100%.  You can never, ever go above that value because at its heart, it's a PPS system.  With PPLNS, you can "make up" for swings in bad luck by having swings of good luck.  Using kano's pool as an example, you can see from the monthly statistics that while August and September were "bad", March, April, May, June, July and October were good.  The pool's lifetime is 105.04%.  Same holds true with my own pool.  Although, with the small hash rate, I'm far more susceptible to swings of variance, to date my pool is running 105.74%.  You simply cannot ever achieve that on any PPS variant.

I agree. A big difference between public perceptions of PPS-var and luck based reward methods is that people expect full payment for shares under PPS-var, whereas people expect that only in the long term for luck based pools.
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
October 26, 2016, 10:56:34 AM
I think the problem with "CrPPSRB" lies in its presentation.  People see that they are being paid back shares when the pool is lucky and think they're making out.  What is glossed over (and kano clearly points out), is that the absolute theoretical max reward is 100%.  You can never, ever go above that value because at its heart, it's a PPS system.  With PPLNS, you can "make up" for swings in bad luck by having swings of good luck.  Using kano's pool as an example, you can see from the monthly statistics that while August and September were "bad", March, April, May, June, July and October were good.  The pool's lifetime is 105.04%.  Same holds true with my own pool.  Although, with the small hash rate, I'm far more susceptible to swings of variance, to date my pool is running 105.74%.  You simply cannot ever achieve that on any PPS variant.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
October 26, 2016, 12:23:52 AM
Since FUPool (Discus) is PPS minus some fee, I'm wondering if your profitability number on your blog isn't a mistake Smiley
You can't get more than "100%PPS minus the fee" from them no matter how lucky or unlucky they are.
Any extra profit is the pool's profit, not the miners.

Edit: and anyone using CraPPSRB would be limited to 100% ... ... if the luck ever got above that.

The profitability measurement ignores the reward method. Think of it as how profitable the pool is. Why bother for a PPS pool, you ask? All the dead PPS and PPS variant pools that were killed by bad luck. If a PPS pool has bad luck for a long time I'd want to get out quickly before I got 50BTC'd.


OK then you probably should word it differently coz it clearly reads as: you get paid more if it's higher:
Quote
Profitability = Actual reward per share /  Theoretical reward per share

Yeah, I'll probably change in to something like

Pool profitability = Actual reward to pool per share /  Theoretical reward to pool per share

Edit: e.g. even with the run in of recent bad luck on my pool, only one month has paid average worse than a 1.5% PPS fee (August)
(and that was only 3.16% below no fee PPS)

Edit2: heh actually I guess that's actually really very funny, that over 15PHs left coz the payout was only 1.33% below no fee PPS Cheesy (September)

I thought your miners had balls of steel?  Sheesh, back in my day I stayed on pools that were so unlucky, I had to pay them.

If some of you are puzzled by kano's "CrPPSRB" comment, these posts give a bit of back ground and information about SMPPS (a progenitor of CPPSRB):
http://organofcorti.blogspot.com/2012/03/31-rise-and-fall-of-arsbitcoincom.html
http://organofcorti.blogspot.com/2012/04/32-risks-of-smpps.html


legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
October 25, 2016, 09:32:24 PM
Since FUPool (Discus) is PPS minus some fee, I'm wondering if your profitability number on your blog isn't a mistake Smiley
You can't get more than "100%PPS minus the fee" from them no matter how lucky or unlucky they are.
Any extra profit is the pool's profit, not the miners.

Edit: and anyone using CraPPSRB would be limited to 100% ... ... if the luck ever got above that.

The profitability measurement ignores the reward method. Think of it as how profitable the pool is. Why bother for a PPS pool, you ask? All the dead PPS and PPS variant pools that were killed by bad luck. If a PPS pool has bad luck for a long time I'd want to get out quickly before I got 50BTC'd.


OK then you probably should word it differently coz it clearly reads as: you get paid more if it's higher:
Quote
Profitability = Actual reward per share /  Theoretical reward per share

Edit: e.g. even with the run in of recent bad luck on my pool, only one month has paid average worse than a 1.5% PPS fee (August)
(and that was only 3.16% below no fee PPS)

Edit2: heh actually I guess that's actually really very funny, that over 15PHs left coz the payout was only 1.33% below no fee PPS Cheesy (September)
donator
Activity: 2058
Merit: 1007
Poor impulse control.
October 25, 2016, 09:14:22 PM
Since FUPool (Discus) is PPS minus some fee, I'm wondering if your profitability number on your blog isn't a mistake Smiley
You can't get more than "100%PPS minus the fee" from them no matter how lucky or unlucky they are.
Any extra profit is the pool's profit, not the miners.

Edit: and anyone using CraPPSRB would be limited to 100% ... ... if the luck ever got above that.

The profitability measurement ignores the reward method. Think of it as how profitable the pool is. Why bother for a PPS pool, you ask? All the dead PPS and PPS variant pools that were killed by bad luck. If a PPS pool has bad luck for a long time I'd want to get out quickly before I got 50BTC'd.

legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
October 25, 2016, 05:33:00 PM
Since FUPool (Discus) is PPS minus some fee, I'm wondering if your profitability number on your blog isn't a mistake Smiley
You can't get more than "100%PPS minus the fee" from them no matter how lucky or unlucky they are.
Any extra profit is the pool's profit, not the miners.

Edit: and anyone using CraPPSRB would be limited to 100% ... ... if the luck ever got above that.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
October 18, 2016, 07:00:22 AM
Hello World Smiley Please add GBMiners to this list. I would love to connect with like-minded people here :

Pool:                      GBMiners
Website:                 gbminers.com
Proxy:                    No
Generation address:  1KuWLoZuoJgz3N6sLoAwGth9XGm8YuFTGt
Coinbase signature: /mined by gbminers/
Payout method:        PPLNS
Fee:                        0.9%
Pay Tx Reward:        Yes
Vardiff:                   18 SPM by default (User can modify it too)
Local Work:             stratum
Pay Orphans:           No
Min Withdrawal:       0.01 BTC
Merge Mining:          No

Done.

legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
October 18, 2016, 01:18:14 AM
Hello World Smiley Please add GBMiners to this list. I would love to connect with like-minded people here :

Pool:                      GBMiners
Website:
Proxy:                    No
Generation address:  1KuWLoZuoJgz3N6sLoAwGth9XGm8YuFTGt
Coinbase signature: /mined by gbminers/
Payout method:        PPLNS
Fee:                        0.9%
Pay Tx Reward:        Yes
Vardiff:                   18 SPM by default (User can modify it too)
Local Work:             stratum
Pay Orphans:           No
Min Withdrawal:       0.01 BTC
Merge Mining:          No
By like minded - you mean people who would remove my name from the copyright messages on the CKPool web source code and replace it with theirs? Even though most of the web code there is my code?

What sort of 'like minded' is that? Pirate? Smiley
donator
Activity: 2058
Merit: 1007
Poor impulse control.
October 17, 2016, 05:35:59 AM
We are a new BTC mining pool and have not hit our first block yet.  The round time will shorten as more hashing power is added to the pool.

8192 difficulty is the starting difficulty and will increase as needed per worker/rig/rental.


Please add the following to the list of bitcoin mining pools.
I greatly appreciate it!

I'm a "Newbie" to this forum so please feel free to reach out to me directly with any questions regarding the pool or any questions regarding bitcoin mining.


Pool:                        RigPool.com - PPLNS Bitcoin BTC Mining Pool
Website:                   http://www.RigPool.com
Proxy:                      No
Generation address:  1JpKmtspBJQVXK67DJP64eBJcAPhDvJ9Er
Coinbase signature:   /RigPool/
Payout method:         PPLNS
Fee:                         0.5%
Pay Tx Reward:         Yes
Vardiff:                    Yes. starts at 8192.  Range from 8192 to 1048576. SPM - 4  / Target Time - 4 Shares Per Minute
Local Work:              stratum
Pay Orphans:           No
Min Withdrawal:       0.001
Merge Mining:          No

Almost 1 year per round!!!!
Why you have a difficulty so high, 8092?

Sorry I missed your post the first time around. Now added.
newbie
Activity: 26
Merit: 0
October 12, 2016, 07:57:44 AM
We are a new BTC mining pool and have not hit our first block yet.  The round time will shorten as more hashing power is added to the pool.

8192 difficulty is the starting difficulty and will increase as needed per worker/rig/rental.


Please add the following to the list of bitcoin mining pools.
I greatly appreciate it!

I'm a "Newbie" to this forum so please feel free to reach out to me directly with any questions regarding the pool or any questions regarding bitcoin mining.


Pool:                        RigPool.com - PPLNS Bitcoin BTC Mining Pool
Website:                   http://www.RigPool.com
Proxy:                      No
Generation address:  1JpKmtspBJQVXK67DJP64eBJcAPhDvJ9Er
Coinbase signature:   /RigPool/
Payout method:         PPLNS
Fee:                         0.5%
Pay Tx Reward:         Yes
Vardiff:                    Yes. starts at 8192.  Range from 8192 to 1048576. SPM - 4  / Target Time - 4 Shares Per Minute
Local Work:              stratum
Pay Orphans:           No
Min Withdrawal:       0.001
Merge Mining:          No

Almost 1 year per round!!!!
Why you have a difficulty so high, 8092?
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
October 11, 2016, 05:43:23 PM
are there any reliable pools for the west coat
Smiley
newbie
Activity: 38
Merit: 0
October 11, 2016, 02:47:24 PM
Please add the following to the list of bitcoin mining pools.
I greatly appreciate it!

I'm a "Newbie" to this forum so please feel free to reach out to me directly with any questions regarding the pool or any questions regarding bitcoin mining.


Pool:                        RigPool.com - PPLNS Bitcoin BTC Mining Pool
Website:                   http://www.RigPool.com
Proxy:                      No
Generation address:  1JpKmtspBJQVXK67DJP64eBJcAPhDvJ9Er
Coinbase signature:   /RigPool/
Payout method:         PPLNS
Fee:                         0.5%
Pay Tx Reward:         Yes
Vardiff:                    Yes. starts at 8192.  Range from 8192 to 1048576. SPM - 4  / Target Time - 4 Shares Per Minute
Local Work:              stratum
Pay Orphans:           No
Min Withdrawal:       0.001
Merge Mining:          No

Almost 1 year per round!!!!
Why you have a difficulty so high, 8092?
full member
Activity: 228
Merit: 100
October 11, 2016, 09:41:42 AM
are there any reliable pools for the west coat
newbie
Activity: 26
Merit: 0
October 01, 2016, 11:09:21 AM
Please add the following to the list of bitcoin mining pools.
I greatly appreciate it!

I'm a "Newbie" to this forum so please feel free to reach out to me directly with any questions regarding the pool or any questions regarding bitcoin mining.


Pool:                        RigPool.com - PPLNS Bitcoin BTC Mining Pool
Website:                   http://www.RigPool.com
Proxy:                      No
Generation address:  1JpKmtspBJQVXK67DJP64eBJcAPhDvJ9Er
Coinbase signature:   /RigPool/
Payout method:         PPLNS
Fee:                         0.5%
Pay Tx Reward:         Yes
Vardiff:                    Yes. starts at 8192.  Range from 8192 to 1048576. SPM - 4  / Target Time - 4 Shares Per Minute
Local Work:              stratum
Pay Orphans:           No
Min Withdrawal:       0.001
Merge Mining:          No
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
September 30, 2016, 06:46:00 AM
Thanks Smiley
donator
Activity: 2058
Merit: 1007
Poor impulse control.
September 29, 2016, 09:50:45 PM
I just noticed Bitminter is listed as 0.5% fee. Must be an editing error. I'm pretty sure it was correctly listed as 1% before.

Could we get that corrected to 1% ?

Sorry about that, fixed.

legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
September 29, 2016, 10:51:28 AM
I just noticed Bitminter is listed as 0.5% fee. Must be an editing error. I'm pretty sure it was correctly listed as 1% before.

Could we get that corrected to 1% ?
donator
Activity: 2058
Merit: 1007
Poor impulse control.
September 19, 2016, 05:34:04 PM
Thank you for the information and very clear

today I again seek pool for mining and would you please provide a link pool atlcaoin

You need to look in the alt coin sub-forum.  This is Bitcoin forum.

"Atlcoin" would be a great name for an Aztec alt-coin Smiley
legendary
Activity: 3583
Merit: 1094
Think for yourself
September 17, 2016, 01:27:47 PM
Thank you for the information and very clear

today I again seek pool for mining and would you please provide a link pool atlcaoin

You need to look in the alt coin sub-forum.  This is Bitcoin forum.
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
August 28, 2016, 06:43:53 AM
hello any good pool for sha256 mining?

Look at the first post in this thread for a list. Bitcoin uses sha-256.

There are several good pools. As to which is the best; this is probably not the correct thread for that - there are weekly threads where people fight over it.
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