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deepbit=so much fail
Topic: The interesting case of pool-identity - page 2. (Read 3049 times)
Some people have an issue with the way they are able to such a good PPS rate and be table and reliable at the same time.
Welcome to discovering human nature. All you need to do is look at your own (in)action to understand why everyone else is doing it.
Thought I'd share my recent experience with switching pools.
I started mining in June 2011. I had been using Deepbit from the beginning, mostly utilizing proportional payouts as opposed to PPS. I'm not a pool-hopper and I have an average-sized mining setup (~1.8 G/hash).
I've read all the arguments about the disadvantages of Deepbit, it's threat to network security, etc. None of them really convinced me to switch pools. After all, I chose Deepbit at the beginning, and aside from some (increasingly more frequent) DDOS attacks, I received my payouts regularly and I was very comfortable with my setup. Why fix what ain't broke?
Then I realized there's a little thing called math.
Two days ago, I switched to ABCpool. It took me 10-20 minutes to create my account, modify my .bat files for CGminer, and get hashing. I'm now receiving 8-10% larger payouts daily. I suspect I could get even more with GPUmax, but at the moment I'm comfortable with my new change.
So, wtf is going on here? What is prohibiting people from switching to pools that will necessarily guarantee them larger payouts on a daily basis? And why the hell am I not using GPUmax?
Here's what I suspect: People will typically defend their decisions to the bitter end, especially when money is involved, and perhaps even more adamantly when there actually IS good reason to believe their initial decision was a bad one. After all, do you really want to admit you made a bad monetary decision to begin with? Besides, you're in such great company!
Seriously. Do math. It helps. I really think that a lot of Bitcoin users pathologically lie to themselves to create the illusion that they're profiting to the best of their ability. They give their balls credit for risking (and losing) profits, but unfortunately ball self-esteem doesn't translate to a fat wallet.
Have you done your math?
I started mining in June 2011. I had been using Deepbit from the beginning, mostly utilizing proportional payouts as opposed to PPS. I'm not a pool-hopper and I have an average-sized mining setup (~1.8 G/hash).
I've read all the arguments about the disadvantages of Deepbit, it's threat to network security, etc. None of them really convinced me to switch pools. After all, I chose Deepbit at the beginning, and aside from some (increasingly more frequent) DDOS attacks, I received my payouts regularly and I was very comfortable with my setup. Why fix what ain't broke?
Then I realized there's a little thing called math.
Two days ago, I switched to ABCpool. It took me 10-20 minutes to create my account, modify my .bat files for CGminer, and get hashing. I'm now receiving 8-10% larger payouts daily. I suspect I could get even more with GPUmax, but at the moment I'm comfortable with my new change.
So, wtf is going on here? What is prohibiting people from switching to pools that will necessarily guarantee them larger payouts on a daily basis? And why the hell am I not using GPUmax?
Here's what I suspect: People will typically defend their decisions to the bitter end, especially when money is involved, and perhaps even more adamantly when there actually IS good reason to believe their initial decision was a bad one. After all, do you really want to admit you made a bad monetary decision to begin with? Besides, you're in such great company!
Seriously. Do math. It helps. I really think that a lot of Bitcoin users pathologically lie to themselves to create the illusion that they're profiting to the best of their ability. They give their balls credit for risking (and losing) profits, but unfortunately ball self-esteem doesn't translate to a fat wallet.
Have you done your math?
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