What pool should i use? | Bitcointalksearch.org

Subo1977

sr. member

Activity: 344

Merit: 250

Flixxo - Watch, Share, Earn!

Quote from: Xenotron on April 18, 2013, 03:11:45 AM

Quote from: os2sam on April 17, 2013, 09:31:19 PM

And remember, there ain't nuthin free!
Sam

P2Pool is actually free. There is 0.5% fee to donate to developer, but you may disable it if you wish.

p2pool Rules

You can also use public p2pool-node from this List:
https://bitcointalksearch.org/topic/p2pool-server-list-66182

or just mine:
http://p2pool-cologne.dyndns.org:9332/

Xenotron

newbie

Activity: 31

Merit: 0

Quote from: os2sam on April 17, 2013, 09:31:19 PM

And remember, there ain't nuthin free!
Sam

P2Pool is actually free. There is 0.5% fee to donate to developer, but you may disable it if you wish.

os2sam

legendary

Activity: 3578

Merit: 1090

Think for yourself

Quote from: Oktoberfest on April 17, 2013, 02:56:52 PM

And the moral of the thread is use p2pool? What about slush's?

The moral of this thread should be to use the link below and other tools and research to pick several pools that suit your needs/wants the best. Those wants and needs are different for each of us. You should always have more than one pool in your failover list.

https://bitcointalksearch.org/topic/m.1146108

And remember, there ain't nuthin free!
Sam

VirtualWorld

newbie

Activity: 7

Merit: 0

Slush's is nice, if it would work..
Last couple of days have been a little shaky for Slush.
The pool has been offline all day due to a DDoS attack, same goes for yesterday..

Oktoberfest

newbie

Activity: 15

Merit: 0

And the moral of the thread is use p2pool? What about slush's?

digicoin

legendary

Activity: 1106

Merit: 1000

Quote from: Balthazar on April 17, 2013, 02:00:31 PM

Difficulty adjustment happened.

Thanks. New difficulty level: 8974296 Cry

Balthazar

legendary

Activity: 3108

Merit: 1358

Difficulty adjustment happened.

digicoin

legendary

Activity: 1106

Merit: 1000

Oh wait. itzod does the same. 1 share == 0.00000278 BTC (the former: 0.00000325 BTC)

What happens?

digicoin

legendary

Activity: 1106

Merit: 1000

50BTC lowers PPS rate again: 1 share == 0.00000270 BTC Now it becomes least profitable PPS pool

digicoin

legendary

Activity: 1106

Merit: 1000

BTCguild offers lowest PPS rate compared to itzod and 50BTC. In normal circumstances, itzod would be most profitable PPS pool. Then 50BTC. Then BTCguild the least profitable pool.

btcminer021

member

Activity: 98

Merit: 10

Mine hard!

I just started mining with BTC Guild and Deepbit.

jaminunit

member

Activity: 132

Merit: 14

Co-Founder of TheStandard.io & Vaultoro.com

You should use p2pool https://bitcointalksearch.org/topic/1500-th-p2pool-decentralized-dos-resistant-hop-proof-pool-18313

because its decentralised and stops pools gaining 51% of the network.

HUSTLER

member

Activity: 185

Merit: 10

Quote from: os2sam on April 13, 2013, 10:29:25 PM

Take Care

You too homie. Grin

os2sam

legendary

Activity: 3578

Merit: 1090

Think for yourself

Quote from: HUSTLER on April 13, 2013, 10:21:48 PM

I don't pool hop so I switched to PPLNS. Thanks for the tips bro.

Hope it pays off for you.
Take Care,
Sam

HUSTLER

member

Activity: 185

Merit: 10

I don't pool hop so I switched to PPLNS. Thanks for the tips bro.

os2sam

legendary

Activity: 3578

Merit: 1090

Think for yourself

Quote from: HUSTLER on April 13, 2013, 10:11:23 PM

I just switched to BTCguild. When I started mining there was only PPS and proportional. Now there is PPLNS and DGM. I want to understand but im struggling.

If you switch pools allot PPS would be better. But if you stick with a pool for a long period of time, weeks/months/years then DGM or PPLNS would be better. DGM and PPLNS type of payouts are an attempt to discourage Pool hopping.

It sounds like your a long term miner so I would use PPLNS at BTCGuild which will require a stratum based miner like CGMiner. Also setup multiple pools in case BTC Guild goes down like it did recently. Deepbit would be a good backup pool.
Sam

HUSTLER

member

Activity: 185

Merit: 10

I just switched to BTCguild with PPS 4-8gh minimum difficulty. When I started mining there was only PPS and proportional. Now there is PPLNS and DGM. I never had to pick a minimum difficulty either. Have no clue what that's about. I want to understand but im struggling. Don't wanna make a nub decision.

os2sam

legendary

Activity: 3578

Merit: 1090

Think for yourself

Quote from: HUSTLER on April 13, 2013, 09:50:41 PM

Deepbit seems to be losing people and BTCguild seems to have the most people. BTCguild PPS is 5% vs deepbit 10%. Im guessing BTCguild is the place to be right now?

I can't believe anyone would be mining PPS at Deepbit. That just makes no sense. Over time you would do much better using a Proportional, PPLNS or DGM payout than 5 or 10% PPS.

Also I would not mine on a pool that has 0% PPS as that will cause the pool to go out of business or the pools is doing something nefarious with the hash rate.

Again review the Mining Pools list and pick two or three you like and setup failover.

BTC Guild and Deepbit are both good and reliable pools and I'm sure some of the others are too.

HUSTLER

member

Activity: 185

Merit: 10

BTCguild seems to have the most people. BTCguild PPS is 5% vs deepbit 10%. Im guessing BTCguild is the place to be right now?

PPLNS or PPS? I did read the post you linked but I don't quite get it yet. Can somebody break it down for a nub? Which should I go with?

Thanks for info.

os2sam

legendary

Activity: 3578

Merit: 1090

Think for yourself

Quote from: HUSTLER on April 13, 2013, 09:25:35 AM

I have been using deepbit forever. Wondering if there is a better pool nowadays? What makes a good pool? Only thing I can think of is fee's.

What makes a good pool? Well that is something different for each of us. If you want to compare pools here is a good starting point

https://bitcointalksearch.org/topic/m.1146108

I would just suggest having more than one pool and use CGMiner and set up a failover list so that you keep mining during a DDoS or other outage.
Sam

Topic: What pool should i use? (Read 2624 times)