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Topic: Why do you mine on deepbit? - page 9. (Read 18338 times)

legendary
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
January 27, 2012, 02:02:02 PM
#12
If you can do a better job than Deepbit or any other fee based pool, then just do it.  Let the free market prevail.
Free markets assume that the players in those markets are trying to get themselves the best outcome.

People aren't always doing that. People will make arbitrary choices and then stick with them out of habit or automatic loyalty.

In order to unseat that, you can't just be "better". You have to either proselytize (this thread, I guess), or be so ridiculously better that it overcomes people's intellectual inertia (and if you're up against entrenched infrastructure and capital, well, good luck with that).
legendary
Activity: 2058
Merit: 1452
January 27, 2012, 01:46:33 PM
#11
FACT: miners choose to mine on Deepbit, slush's and many other pools that charge fees.
no shit. but that's not the point of this thread. I'm just wondering why people would choose deepbit over other pools.
FACT: deepbit+slush could do all the "togethering" they like, but miners choose to mine on Deepbit and slush's, if they chose not to ...what happens?
None of the above is a fact that shows Deepbit to be an enemy of bitcoin - thats in your sig...
double spend attack. not necessarily by the pool owners, but by potential hackers.


Gee, I've never heard this before.  I find it so insightful, helpful and informative, NOT!

People have the right to choose.  Get over it.

If you can do a better job than Deepbit or any other fee based pool, then just do it.  Let the free market prevail.

Just my opinion,
Sam
Wow, that is so informative. Let me summarize what you just said:
Quote
I'M NOT GOING TO REBUT OR RESPOND TO ANY OF YOUR POINTS, SO I'M JUST GOING TO MAKE A SARCASTIC REMARK ABOUT HOW FREE MARKETS WORK
legendary
Activity: 1428
Merit: 1001
Okey Dokey Lokey
January 27, 2012, 01:46:11 PM
#10
Deepbit: Most resistant against the Common DDoS attacks (altough i just KNOW someone's gonna jump in and say something like P2P CANT BE DDoS'D!)
Deepbit: Tycho, Seriously... The fees are quite annoying, could'ja put it to 2.5%?
Slush:Multipool, So i run away.
BTCguild:I personally get alot of stales when mining there, Regardless of chosen server

Reason as to Why i have to Chosen something else?

Variance...If your dealing with it, Then just go solo... NO FEES AND AND CAN'T BE DDoS'D ENNNGGGGGGGGGGGGGNNNNNNNHHHHHHHHGGGGGGGGNNNNNNNNNNNNN

Who the fuck wants to see a block solved once every three hours....Gawd...

The most painful thing that happened to me was that i had Shared 5 blocks into Deepbit, When i had only mined out about 120coins.. 5x50 =/= 120 So i chose to stay untill i got close to breaking even.

So i fear that if i goto P2Pool then im gonna fucking drop in a block, and mine out 5coins. I personally HAAAAATE when i find a block and i aim it into a pool.
So if im going to have variance (p2pool) Then why the fuck dont i just go solo and earn more?
legendary
Activity: 3583
Merit: 1094
Think for yourself
January 27, 2012, 01:34:11 PM
#9
There's no good reason to mine on deepbit.
It's the pool with the highest fees for proportional AND PPS. Don't like high variance with smaller pools? there are plenty of pps pools with zero fees. That's right folks, zero variance, AND you don't pay fees. crazy, right?

inb4 diablo locks this for being off topic.

Gee, I've never heard this before.  I find it so insightful, helpful and informative, NOT!

People have the right to choose.  Get over it.

If you can do a better job than Deepbit or any other fee based pool, then just do it.  Let the free market prevail.

Just my opinion,
Sam
vip
Activity: 980
Merit: 1001
January 27, 2012, 02:53:01 AM
#8
after many discussions with [Tycho] and other pool operators from both large and small pools I find your sig fascinating... you of course have some proof to back this up?
Mine with p2pool to prevent one pool from amassing too much power.
FACT: it's mentioned in satoshi's paper that the network is vulnerable if an attacker has 50%+ of the hashing power. Hashing power of deepbit+slush is more than 50%.

FACT: miners choose to mine on Deepbit, slush's and many other pools that charge fees.
FACT: deepbit+slush could do all the "togethering" they like, but miners choose to mine on Deepbit and slush's, if they chose not to ...what happens?
None of the above is a fact that shows Deepbit to be an enemy of bitcoin - thats in your sig...

So I see no FACT:s presented to show your sig is anything but libel...

BTW I am fully aware there are fee free pools..... I run  one...
legendary
Activity: 2058
Merit: 1452
January 26, 2012, 07:59:50 PM
#7
after many discussions with [Tycho] and other pool operators from both large and small pools I find your sig fascinating... you of course have some proof to back this up?
Mine with p2pool to prevent one pool from amassing too much power.
FACT: it's mentioned in satoshi's paper that the network is vulnerable if an attacker has 50%+ of the hashing power. Hashing power of deepbit+slush is more than 50%.
vip
Activity: 980
Merit: 1001
January 26, 2012, 10:48:54 AM
#6
after many discussions with [Tycho] and other pool operators from both large and small pools I find your sig fascinating... you of course have some proof to back this up?
legendary
Activity: 2058
Merit: 1452
hero member
Activity: 742
Merit: 500
January 26, 2012, 06:11:37 AM
#4
We have cookies ! :)
legendary
Activity: 892
Merit: 1002
1 BTC =1 BTC
January 26, 2012, 06:05:54 AM
#3
fast connection ping <20ms
hero member
Activity: 698
Merit: 500
January 26, 2012, 06:01:29 AM
#2
lots of posts and you can't count that (100 - pool tax % - reject rate %) * uptime of deepbit is bigger than pool X
legendary
Activity: 2058
Merit: 1452
January 25, 2012, 10:38:29 PM
#1
There's no good reason to mine on deepbit.
It's the pool with the highest fees for proportional AND PPS. Don't like high variance with smaller pools? there are plenty of pps pools with zero fees. That's right folks, zero variance, AND you don't pay fees. crazy, right?

inb4 diablo locks this for being off topic.
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