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Topic: which one is better, PPS, PPLNS and RBPPS? (Read 25508 times)

member
Activity: 81
Merit: 1002
It was only the wind.
April 27, 2013, 11:18:27 PM
#13
I've found with PPLNS I often make less...

Make less than what and on what pool?

I make less than I make with PPS. WeMineLTC (when it was PPLNS) vs. Coinotron.

There are allot variables that come into play with payout systems.  With PPS the variable is the fee, with PPLNS is some other set of figures and the fee is only one of those variables.  Not all PPLNS's or DGM's or even PPS are the same.

What I was trying to say was that I would recommend using a pool whose payout system doesn't cause them to risk bankruptcy.  A 0% PPS pool does nobody any good in the long run if it goes bankrupt and out of business.

Sam

I would say a 0% fee PPS pool would do the miners a whole lot of good.

How does a pool that makes no revenue stay in business?

0% PPS pools either goes out of business or they are doing something with your hashrate that nets them a profit which may be something nefarious.
Sam

The pool doesn't stay in business, it hemorrhages money. The miners make a killing, though.

Which in the end does nobody any good.  Just causes another pool to die and reduces competition.

0 Fee Pools are soon to be a thing of the past so it is a moot point.

As long as P2Pool exists, 0% fee pools should always be around.
hero member
Activity: 938
Merit: 1000
www.multipool.us
ARren't PPLNS and RBPPS the same thing?
sr. member
Activity: 266
Merit: 250
I like the Eligius one. but i haven't had any problems with any of the ones i've tried.  I wish pool operators(specifically in the alt coins) would understand what their reward system was called though, I've seen several claim that their pool was RBPPS when it was just proportional
newbie
Activity: 42
Merit: 0
In the end it depends on how much time you are mining.

If you are mining a few hours a day on and off then PPS is really the best choice.

With PPLNS and RBPPS the potential payout better, but there are variance in the pay at any given point so you might get lucky one block and not make as much in another.  If you're mining 24/7 though it start to balance out.
legendary
Activity: 3583
Merit: 1094
Think for yourself
I've found with PPLNS I often make less...

Make less than what and on what pool?

I make less than I make with PPS. WeMineLTC (when it was PPLNS) vs. Coinotron.

There are allot variables that come into play with payout systems.  With PPS the variable is the fee, with PPLNS is some other set of figures and the fee is only one of those variables.  Not all PPLNS's or DGM's or even PPS are the same.

What I was trying to say was that I would recommend using a pool whose payout system doesn't cause them to risk bankruptcy.  A 0% PPS pool does nobody any good in the long run if it goes bankrupt and out of business.

Sam

I would say a 0% fee PPS pool would do the miners a whole lot of good.

How does a pool that makes no revenue stay in business?

0% PPS pools either goes out of business or they are doing something with your hashrate that nets them a profit which may be something nefarious.
Sam

The pool doesn't stay in business, it hemorrhages money. The miners make a killing, though.

Which in the end does nobody any good.  Just causes another pool to die and reduces competition.

0 Fee Pools are soon to be a thing of the past so it is a moot point.
legendary
Activity: 3583
Merit: 1094
Think for yourself
I've found with PPLNS I often make less...

Make less than what and on what pool?

I make less than I make with PPS. WeMineLTC (when it was PPLNS) vs. Coinotron.

There are allot variables that come into play with payout systems.  With PPS the variable is the fee, with PPLNS is some other set of figures and the fee is only one of those variables.  Not all PPLNS's or DGM's or even PPS are the same.

What I was trying to say was that I would recommend using a pool whose payout system doesn't cause them to risk bankruptcy.  A 0% PPS pool does nobody any good in the long run if it goes bankrupt and out of business.

Sam

I would say a 0% fee PPS pool would do the miners a whole lot of good.

How does a pool that makes no revenue stay in business?

0% PPS pools either goes out of business or they are doing something with your hashrate that nets them a profit which may be something nefarious.
Sam
legendary
Activity: 3583
Merit: 1094
Think for yourself
I've found with PPLNS I often make less...

Make less than what and on what pool?

I make less than I make with PPS. WeMineLTC (when it was PPLNS) vs. Coinotron.

There are allot variables that come into play with payout systems.  With PPS the variable is the fee, with PPLNS is some other set of figures and the fee is only one of those variables.  Not all PPLNS's or DGM's or even PPS are the same.

What I was trying to say was that I would recommend using a pool whose payout system doesn't cause them to risk bankruptcy.  A 0% PPS pool does nobody any good in the long run if it goes bankrupt and out of business.

Sam
legendary
Activity: 3583
Merit: 1094
Think for yourself
I've found with PPLNS I often make less...

Make less than what and on what pool?
legendary
Activity: 3583
Merit: 1094
Think for yourself
hard to decide to go to which pool.    Huh

Anyone can give some insight views?

The previous 2 replies have very good information and are insightful.

I would add that in this mining environment that you want a pool/payout system that is a very low/no risk to the pool.  It is very easy for a pool to go under quickly with PPS.  So I, personally, won't use PPS anymore.

So I would lean toward PPLNS or DGM.
Sam
hero member
Activity: 602
Merit: 500
Best for whom and under what situation?
PPS is best for miners, worst for pool owner, guaranteed payout for work, assuming no fee. With fee? Depends how much you're getting eaten into.
PPLNS is pretty good for miners and owners, still can't be hopped, but uses a rolling window to calculate payouts based on found blocks, reducing risk to pool-owner but still paying miners for their found shares.
Round-Based PPS is sort of in between, you get paid per share, but only when blocks are found, reducing operator risk. Seems like the lazy mans way to try to avoid risk/hopping, as it's easier to implement.

Typically for a miner you only care about what you're getting cut into for fees (as long as it's not hoppable).
legendary
Activity: 952
Merit: 1000
I don't even know what RBPPS is, lol.

Check out this awesome post HERE that compares all sorts of payout systems.

I'm a big fan of DGM or PPLNS, as PPS can lead to problems with pools. MtRed was strictly PPS, and ended up closing. OzCoin ran into problems where PPS was unprofitable to maintain.
newbie
Activity: 28
Merit: 0
hard to decide to go to which pool.    Huh

Anyone can give some insight views?
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