which mining pool is better to choose

icon73

member

Activity: 80

Merit: 11

Quote from: ImHash on March 27, 2017, 01:46:14 AM

I think it's better to mine on F2pool/BTCC/HaoBTC/BitFury/KanoCKpool/Telco214/BTC.com and mostly any pool that doesn't support BU for time being.
We need to see what is their true intention, if they want to really do a hard fork and it's no longer a manipulation game play then you should avoid supporting any BU supporting pool seriously.

I think this is a limited point of view. BU is a fine proposal just like any other, and BU seems to be the least risk to me for the moment. Side chains will take value away from Bitcoin. While I also realize that I probably have a very unpopular opinion here, I think the Bitcoin Unlimited camp has been very clear with their intentions. So saying "what is their true intention" seems very FUD filled to me.

Bitcoin.com's pool is also paying very well right now.

As always, just my 2 cents.

Qartada

hero member

Activity: 546

Merit: 500

Quote from: iamTom123 on March 26, 2017, 09:19:28 PM

Quote from: Iranus on March 21, 2017, 12:07:25 PM

All of those pools are pretty bad. They all take far more fees than necessary to run the pool or to keep the workers comfortable. AntPool and BTCC are the worst as they take transaction fees, which are currently quite high meaning that their actual fees are in the region of 10%, far more than you should be paying for a basic service. The problem with pools is that they can often be owned by companies which own large monopolies on Bitcoin mining, such as Bitmain's ownership of Antpool. You should ideally go to a small-ish pool - realistically, you can't expect to get ROI too quickly anyway and when you do it'll be pretty minor with just a small amount of machines, so you just need a pool which has low fees even if you don't mine blocks too often. You could try the Comparison of mining pools on the Bitcoin Wiki if you want help with details.

Thanks a lot for your reply here. Good thing to know what other people can say based on their experience so that we can adjust our expectations and views regarding the subject. Now, I am wondering what can be the most profitable as well as very safe mining pool we can be a member of. I understand that there are so many scam-type of programs out there who are looking for our money...so we have to be careful.

Mining pools are mostly safe. Cloud mining is a bad idea as it relies on third parties to mine for you and there's no reasonable way to verify that they are actually mining for you, which is why the only major cloud mining companies that aren't scams have to be huge companies, but pool mining is fine, it's just about variance and the fees that the pool takes so it's a fairly simple judgement.

ImHash

hero member

Activity: 924

Merit: 506

I think it's better to mine on F2pool/BTCC/HaoBTC/BitFury/KanoCKpool/Telco214/BTC.com and mostly any pool that doesn't support BU for time being.
We need to see what is their true intention, if they want to really do a hard fork and it's no longer a manipulation game play then you should avoid supporting any BU supporting pool seriously.

SA Bitcoin Brothers

member

Activity: 112

Merit: 18

Quote from: iamTom123 on March 26, 2017, 09:19:28 PM

Quote from: Iranus on March 21, 2017, 12:07:25 PM

All of those pools are pretty bad. They all take far more fees than necessary to run the pool or to keep the workers comfortable. AntPool and BTCC are the worst as they take transaction fees, which are currently quite high meaning that their actual fees are in the region of 10%, far more than you should be paying for a basic service. The problem with pools is that they can often be owned by companies which own large monopolies on Bitcoin mining, such as Bitmain's ownership of Antpool. You should ideally go to a small-ish pool - realistically, you can't expect to get ROI too quickly anyway and when you do it'll be pretty minor with just a small amount of machines, so you just need a pool which has low fees even if you don't mine blocks too often. You could try the Comparison of mining pools on the Bitcoin Wiki if you want help with details.

Thanks a lot for your reply here. Good thing to know what other people can say based on their experience so that we can adjust our expectations and views regarding the subject. Now, I am wondering what can be the most profitable as well as very safe mining pool we can be a member of. I understand that there are so many scam-type of programs out there who are looking for our money...so we have to be careful.

you won't go wrong with Kanopool

iamTom123

hero member

Activity: 490

Merit: 501

Quote from: Iranus on March 21, 2017, 12:07:25 PM

All of those pools are pretty bad. They all take far more fees than necessary to run the pool or to keep the workers comfortable. AntPool and BTCC are the worst as they take transaction fees, which are currently quite high meaning that their actual fees are in the region of 10%, far more than you should be paying for a basic service. The problem with pools is that they can often be owned by companies which own large monopolies on Bitcoin mining, such as Bitmain's ownership of Antpool. You should ideally go to a small-ish pool - realistically, you can't expect to get ROI too quickly anyway and when you do it'll be pretty minor with just a small amount of machines, so you just need a pool which has low fees even if you don't mine blocks too often. You could try the Comparison of mining pools on the Bitcoin Wiki if you want help with details.

Thanks a lot for your reply here. Good thing to know what other people can say based on their experience so that we can adjust our expectations and views regarding the subject. Now, I am wondering what can be the most profitable as well as very safe mining pool we can be a member of. I understand that there are so many scam-type of programs out there who are looking for our money...so we have to be careful.

Iranus

hero member

Activity: 1792

Merit: 534

Leading Crypto Sports Betting & Casino Platform

All of those pools are pretty bad. They all take far more fees than necessary to run the pool or to keep the workers comfortable. AntPool and BTCC are the worst as they take transaction fees, which are currently quite high meaning that their actual fees are in the region of 10%, far more than you should be paying for a basic service.

The problem with pools is that they can often be owned by companies which own large monopolies on Bitcoin mining, such as Bitmain's ownership of Antpool. You should ideally go to a small-ish pool - realistically, you can't expect to get ROI too quickly anyway and when you do it'll be pretty minor with just a small amount of machines, so you just need a pool which has low fees even if you don't mine blocks too often.

You could try the Comparison of mining pools on the Bitcoin Wiki if you want help with details.

kano

legendary

Activity: 4466

Merit: 1798

Linux since 1997 RedHat 4

None of the above

HelenaLeeeeeeee

newbie

Activity: 1

Merit: 0

Which mining pool is better to choose ? Could you give me some advice and tell me the reason?

Thanks so much

Topic: which mining pool is better to choose (Read 1678 times)