Well, I will end by saying this:
My comparison (ON TOPIC AT THAT) was between Deepbit and BTC Guild ONLY..... 10% vs 7% for PPS payouts.
Frankly, most other pools mentioned in this thread, with the exception of Luke's pool and Slush's Pool, do not even belong in the same sentance, let alone the same thread as either 1.....especially being compared to.
These are the 2 largest Pools and are 2 of the oldest/most established pools.
Now, let's see a 0% Fee PPS Pool rack up the stats that either of these pools has done regardless of their fees, then we can talk.
BTC Guild - FTW ! .....Currently paying 0.00003167154226788676/share after the difficulty change...and I am FINE with that.
Topic: Why do you mine on deepbit? - page 5. (Read 8231 times)
Pretty sure Deepbit and he mean invalid blocks. Ie, if their block is invalid, Deepbit still pays 48.50 BTC out to miners
DOH. Total and complete brain fart on my part. Then again I am on some pain drugs right now. Yeah I think I will blame the drugs.
In that case I guess the value of the feature would depend on how many invalid blocks deepbit has had (as a %).
Pretty sure Deepbit and he mean invalid blocks. Ie, if their block is invalid, Deepbit still pays 48.50 BTC out to miners
^This. I think invalids and stales were mixed up. 
I'm really shocked about how many people still mine on deepbit: big fees, no 8-decimal pays, no particular clear interface, no repayment after leaving, risk of deepbit getting more than 50% hash power... with the result it is the most powerful pool.
On the other hand, somebody could think they are using the income in good DDoS-reluctant counter measures, so those disadvantages are a worthy price for security. But the early catastrophe proves this is not true.
That is why I launch the poll, because I'm really curious about the matter of advantages mining in deepbit, even as a backup pool. Feel free to answer here, if your option is not in the poll.
On the other hand, somebody could think they are using the income in good DDoS-reluctant counter measures, so those disadvantages are a worthy price for security. But the early catastrophe proves this is not true.
That is why I launch the poll, because I'm really curious about the matter of advantages mining in deepbit, even as a backup pool. Feel free to answer here, if your option is not in the poll.
They payout 8 decimals... 3% isn't that big of a fee if you factor in invalids being paid out. The interface is alot easier to figure than some of these smaller pools. And for the most part its a stable pool.
You do understand paying invalids in a proportional pool is simply a marketing gimmick. The pool isn't giving you anything. Your invalids are paid but so is the entire pools invalids. Thus your share of the block reward doesn't change. i.e. if you had 1% of pool's hashing power w/o invalids and your invalid rate is similar to pool average than you have 1% of pool's hashing power w/ invalids. Either way you are getting 1% of the block (minus 3% fee).
The only time that paying invalids is a net positive is for people who can't get it together and have massively high invalids. If your invalid rate is significantly higher than the pool average you are coming out ahead. Conversely if you are like me with <0.05% invalid rate then you come out behind.
I'm really shocked about how many people still mine on deepbit: big fees, no 8-decimal pays, no particular clear interface, no repayment after leaving, risk of deepbit getting more than 50% hash power... with the result it is the most powerful pool.
On the other hand, somebody could think they are using the income in good DDoS-reluctant counter measures, so those disadvantages are a worthy price for security. But the early catastrophe proves this is not true.
That is why I launch the poll, because I'm really curious about the matter of advantages mining in deepbit, even as a backup pool. Feel free to answer here, if your option is not in the poll.
On the other hand, somebody could think they are using the income in good DDoS-reluctant counter measures, so those disadvantages are a worthy price for security. But the early catastrophe proves this is not true.
That is why I launch the poll, because I'm really curious about the matter of advantages mining in deepbit, even as a backup pool. Feel free to answer here, if your option is not in the poll.
They payout 8 decimals... 3% isn't that big of a fee if you factor in invalids being paid out. The interface is alot easier to figure than some of these smaller pools. And for the most part its a stable pool.
You do understand paying invalids in a proportional pool is simply a marketing gimmick. The pool isn't giving you anything. Your invalids are paid but so is the entire pools invalids. Thus your share of the block reward doesn't change. i.e. if you had 1% of pool's hashing power w/o invalids and your invalid rate is similar to pool average than you have 1% of pool's hashing power w/ invalids. Either way you are getting 1% of the block (minus 3% fee).
The only time that paying invalids is a net positive is for people who can't get it together and have massively high invalids. If your invalid rate is significantly higher than the pool average you are coming out ahead. Conversely if you are like me with <0.05% invalid rate then you come out behind.
i thought bigger Mhash are bigger payout. but i was wrong 
.now im mining on biggest PPS pool like abc or arbitcoin
.now im mining on biggest PPS pool like abc or arbitcoin
The difference between PPS and SMPPS... with SMPPS, there's some delay/risk if the pool's buffer runs dry; with pure PPS, if the pool's "buffer" runs dry, the pool shuts down and your miners are idle 
Besides, with Eligius's buffer usually about 1000 BTC (and only ever hitting 0 for very brief single rounds), there is no practical difference unless you're so broke that you need that 0.00001 BTC right this instant to pay for your kids' food.
Besides, with Eligius's buffer usually about 1000 BTC (and only ever hitting 0 for very brief single rounds), there is no practical difference unless you're so broke that you need that 0.00001 BTC right this instant to pay for your kids' food.
What is ABC's current payout per share ?
50 / 1689334.4045971 = 0.0000295974555801 per share.
0% means they take no portion of shares. Longevity is largely irrelevant, you can do auto-payouts so they don't ever hold a meaningful portion of your coins.
For those who PPS mine, BTC Guild's PPS Pool is by far the best in terms of performance, stability and payout options. I don't understand why more people don't use it.
- Instant payouts (no waiting for a block to end, no confirmations...just a running total of your earnings available at any time).
- Insanely LOW Stales etc.....like INSANELY LOW (4/4000 shares ON A BAD DAY, for me anyways...closer to 4/40000 most times).
- Established Pool with history.
- Standard 7% PPS Fee.
- Instant payouts (no waiting for a block to end, no confirmations...just a running total of your earnings available at any time).
- Insanely LOW Stales etc.....like INSANELY LOW (4/4000 shares ON A BAD DAY, for me anyways...closer to 4/40000 most times).
- Established Pool with history.
- Standard 7% PPS Fee.
This is an insane big fee.
No, compared to 0% fee of arsbitcoin and eligius, 7% is infinitely big.
About waiting: I'm not hurry.
About stability: BTCguild has a black past managing DDoS.
In a world where 0% PPS is available, I don't know why you would mine at a 7% pool. Longevity is irrelevant. Why wouldn't you take the 0% and then move to a different 0% pool if/when it collapses? Or move to your 7% pool. Just seems illogical that you're giving away 7 points.
I never mined at deepbit.
Only slush and eligius so far.
And, yes, thos 7-10% taxes are craaaazy
Only slush and eligius so far.
And, yes, thos 7-10% taxes are craaaazy
No, compared to 0% fee of arsbitcoin and eligius, 7% is infinitely big.
About waiting: I'm not hurry.
About stability: BTCguild has a black past managing DDoS.
Must I really say P P S once again ?About waiting: I'm not hurry.
About stability: BTCguild has a black past managing DDoS.
P U R E - P P S makes no difference at all with SMPPS, except for payment delay. I don't want to pay a 7% tax (or 10% in deepbit) for some hours waiting for my BTCs.
There is a big difference with SMPPS. With SMPPS it is laid out ahead of time that your rewards won't be paid out at full rates (delayed/backpay) if the pool has extended bad luck and eats through the buffer it built up from good luck. You will be waiting on your rewards until the pool has enough good luck to end up positive again. Pure PPS makes no such arrangements. Either the pool shuts down when it can't pay out its stated rewards, or it pays it out of its own pocket.
SMPPS is just proportional with capped rewards, unless the owner puts money from their own pocket in during bad luck. At which point they may as well have been pure PPS to get rid of the fine print.
No, compared to 0% fee of arsbitcoin and eligius, 7% is infinitely big.
About waiting: I'm not hurry.
About stability: BTCguild has a black past managing DDoS.
Must I really say P P S once again ?About waiting: I'm not hurry.
About stability: BTCguild has a black past managing DDoS.
P U R E - P P S makes no difference at all with SMPPS, except for payment delay. I don't want to pay a 7% tax (or 10% in deepbit) for some hours waiting for my BTCs.
For those who PPS mine, BTC Guild's PPS Pool is by far the best in terms of performance, stability and payout options. I don't understand why more people don't use it.
- Instant payouts (no waiting for a block to end, no confirmations...just a running total of your earnings available at any time).
- Insanely LOW Stales etc.....like INSANELY LOW (4/4000 shares ON A BAD DAY, for me anyways...closer to 4/40000 most times).
- Established Pool with history.
- Standard 7% PPS Fee.
- Instant payouts (no waiting for a block to end, no confirmations...just a running total of your earnings available at any time).
- Insanely LOW Stales etc.....like INSANELY LOW (4/4000 shares ON A BAD DAY, for me anyways...closer to 4/40000 most times).
- Established Pool with history.
- Standard 7% PPS Fee.
This is an insane big fee.
No, compared to 0% fee of arsbitcoin and eligius, 7% is infinitely big.
About waiting: I'm not hurry.
About stability: BTCguild has a black past managing DDoS.
And a black past managing DDoS? The first major DDoSes were in June. Deepbit was down longer than BTC Guild. In July we were specifically targetted, and I took my vacation days at my day job to manage the situation as best as ANY pool admin could. This time? We've had the most uptime of the big 3.
Not to mention the post was referring to our PPS pool, which has only had downtime when a planned upgrade to the pool server software was done (and that downtime was measurable in seconds).
For those who PPS mine, BTC Guild's PPS Pool is by far the best in terms of performance, stability and payout options. I don't understand why more people don't use it.
- Instant payouts (no waiting for a block to end, no confirmations...just a running total of your earnings available at any time).
- Insanely LOW Stales etc.....like INSANELY LOW (4/4000 shares ON A BAD DAY, for me anyways...closer to 4/40000 most times).
- Established Pool with history.
- Standard 7% PPS Fee.
- Instant payouts (no waiting for a block to end, no confirmations...just a running total of your earnings available at any time).
- Insanely LOW Stales etc.....like INSANELY LOW (4/4000 shares ON A BAD DAY, for me anyways...closer to 4/40000 most times).
- Established Pool with history.
- Standard 7% PPS Fee.
This is an insane big fee.
No, compared to 0% fee of arsbitcoin and eligius, 7% is infinitely big.
About waiting: I'm not hurry.
About stability: BTCguild has a black past managing DDoS.
For those who PPS mine, BTC Guild's PPS Pool is by far the best in terms of performance, stability and payout options. I don't understand why more people don't use it.
- Instant payouts (no waiting for a block to end, no confirmations...just a running total of your earnings available at any time).
- Insanely LOW Stales etc.....like INSANELY LOW (4/4000 shares ON A BAD DAY, for me anyways...closer to 4/40000 most times).
- Established Pool with history.
- Standard 7% PPS Fee.
- Instant payouts (no waiting for a block to end, no confirmations...just a running total of your earnings available at any time).
- Insanely LOW Stales etc.....like INSANELY LOW (4/4000 shares ON A BAD DAY, for me anyways...closer to 4/40000 most times).
- Established Pool with history.
- Standard 7% PPS Fee.
This is an insane big fee.
No, compared to 0% fee of arsbitcoin and eligius, 7% is infinitely big.
About waiting: I'm not hurry.
About stability: BTCguild has a black past managing DDoS.
I mine on deepbit (less at the moment than I used to) because it worked when I was setting up, the relative size helped with variance of block discovery rate, and the 3% fee was fairly modest. I have mined in other pools on alt-chains for fun, but nothing serious.
I notice that deepbit has its share of detractors and it might be an easy target because it is large and mines the largest share of coins. The latest events don't mask that other pools have had problems in the past.
I notice that deepbit has its share of detractors and it might be an easy target because it is large and mines the largest share of coins. The latest events don't mask that other pools have had problems in the past.
What is ABC's current payout per share ?
Compared to the 10% PPS Fee @ Deepbit ? ....... What PURE-PPS Pools offer a lower fee with stability and under 1% Stale count ? ..not to mention, paying out for bad blocks.....IMMEDIATELY, no wait.
BTC Guild PPS is unbeatable in that respect.
BTC Guild PPS is unbeatable in that respect.
abcpool.co has 0% PPS AND they pay for stale shares. It's remarkebly stable and my invalids are always a quarter of a percent. I've been mining there for over a month and its a dream pool.
Be realistic, how long can you expect a pool with that payment model to be around for ? ....till the owner starts having to support it out of his own pocket ?
With it's current hashrate and not using difficult math to explain things, that pool needs to find 2.5 Blocks per day just to stay alive and pay it's users, not to mention the overhead.
Even established pools such as MTred have felt the 'pinch' as of late, but then again, ABC might not offer multiple payout methods....
Not to say anything bad about the pool, but, I just can't see the longevity in it.
Compared to the 10% PPS Fee @ Deepbit ? ....... What PURE-PPS Pools offer a lower fee with stability and under 1% Stale count ? ..not to mention, paying out for bad blocks.....IMMEDIATELY, no wait.
BTC Guild PPS is unbeatable in that respect.
BTC Guild PPS is unbeatable in that respect.
abcpool.co has 0% PPS AND they pay for stale shares. It's remarkebly stable and my invalids are always a quarter of a percent. I've been mining there for over a month and its a dream pool.
For those who PPS mine, BTC Guild's PPS Pool is by far the best in terms of performance, stability and payout options. I don't understand why more people don't use it.
- Instant payouts (no waiting for a block to end, no confirmations...just a running total of your earnings available at any time).
- Insanely LOW Stales etc.....like INSANELY LOW (4/4000 shares ON A BAD DAY, for me anyways...closer to 4/40000 most times).
- Established Pool with history.
- Standard 7% PPS Fee.
- Instant payouts (no waiting for a block to end, no confirmations...just a running total of your earnings available at any time).
- Insanely LOW Stales etc.....like INSANELY LOW (4/4000 shares ON A BAD DAY, for me anyways...closer to 4/40000 most times).
- Established Pool with history.
- Standard 7% PPS Fee.
This is an insane big fee.
BTC Guild PPS is unbeatable in that respect.
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