Topic: Which mining pool should I join? - page 2. (Read 1748 times)
btc guild or bitminter
Depending on your hardware, I would mine LTC and then exchange it for BTC on BTC-e.
That's helpful. Thank you. I want to use cgminer so I can switch to ltc when the time comes.
I started mining this month (had a stint before in bitlc and made the mistake of leaving bitcoins there, you can check the story on the site), and so far I've been mining on both Slush's and BitMinter using cgminer. Both work very well, except that Slush had a DDoS which kept the mining down for about a day, which is why I went to BitMinter. Always good to have a backup pool configured for such cases.
From my point of view the advantage of Slush's is the nice tracking: it tells you your current MHash and the rate over the past 10 rounds, so you can make sure your mining works as expected. It also tells you how long the current round has been going and you get an estimate of how far along this round is. The advantage of BitMinter is that it gives you about 10 times more namecoins (both pools mine namecoins alongside bitcoins).
From my point of view the advantage of Slush's is the nice tracking: it tells you your current MHash and the rate over the past 10 rounds, so you can make sure your mining works as expected. It also tells you how long the current round has been going and you get an estimate of how far along this round is. The advantage of BitMinter is that it gives you about 10 times more namecoins (both pools mine namecoins alongside bitcoins).
So whats a decent fairly easy to use mining pool that I can join to get started? I was thinking BitMinter since their fees are low. I'm in the US, should I pick something closer, or does that even matter?
What do you guys think? Please let me know.
For what my newbie opinion is worth, I started with Ozcoin using cgminer and that was OK. I found cgminer was disconnecting (is that the word?) at least once a day, usually when I was away from the computer, so I ended up losing mining time. I started with BitMinter a little while ago and I really like their simple, idiot proof, Java client. I get better hash rates, as well.
Is self bumping allowed?
I'm sure this question has been asked before, but I need to do my time in the newbie section anyways. Plus it might save me a lot of time.
So I used the complete guide to mine bitcoin on xubuntu 12.04 https://docs.google.com/document/d/1Gw7YPYgMgNNU42skibULbJJUx_suP_CpjSEdSi8_z9U
I got everything setup and I'm at the part where you start mining in a pool, but now I have to choose a pool. So then I looked up Comparison of mining pools https://en.bitcoin.it/wiki/Comparison_of_mining_pools. There is a lot of information to go through there, and at some point I'm going to read through it all, but I have other things to do right now. Like mining, and I have LiteCoin rig to build.
So whats a decent fairly easy to use mining pool that I can join to get started? I was thinking BitMinter since their fees are low. I'm in the US, should I pick something closer, or does that even matter?
What do you guys think? Please let me know.
So I used the complete guide to mine bitcoin on xubuntu 12.04 https://docs.google.com/document/d/1Gw7YPYgMgNNU42skibULbJJUx_suP_CpjSEdSi8_z9U
I got everything setup and I'm at the part where you start mining in a pool, but now I have to choose a pool. So then I looked up Comparison of mining pools https://en.bitcoin.it/wiki/Comparison_of_mining_pools. There is a lot of information to go through there, and at some point I'm going to read through it all, but I have other things to do right now. Like mining, and I have LiteCoin rig to build.
So whats a decent fairly easy to use mining pool that I can join to get started? I was thinking BitMinter since their fees are low. I'm in the US, should I pick something closer, or does that even matter?
What do you guys think? Please let me know.
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