Bitcoin Forum

Other => Beginners & Help => Topic started by: solareclipse64236 on September 07, 2012, 04:13:51 PM



Title: 50BTC VS Deepbit
Post by: solareclipse64236 on September 07, 2012, 04:13:51 PM
50BTC 3% PPS VS Deepbit 10% PPS

Deepbit has a higher hashrate.


Title: Re: 50BTC VS Deepbit
Post by: Gabi on September 07, 2012, 04:24:21 PM
Pool hashrate means nothing  ::) Choose a 0% fee pool and maybe one that pays out transaction fees too.


Title: Re: 50BTC VS Deepbit
Post by: solareclipse64236 on September 07, 2012, 04:25:48 PM
lol can I ask where this wisdom comes from?

that's like saying hashrate doesn't matter at all


Title: Re: 50BTC VS Deepbit
Post by: Gabi on September 07, 2012, 04:28:49 PM
lol can I ask where this wisdom comes from?

that's like saying hashrate doesn't matter at all

Don't mistake your hashrate with pool hashrate. The btc you mine depend on your hashrate, the pool hashrate only reduce variance, wich doesn't matter if you choose PPS.


Title: Re: 50BTC VS Deepbit
Post by: solareclipse64236 on September 07, 2012, 04:30:53 PM
TRUE but reducing variance is a definite importance. Not finding a block can definitely mean lesser earnings.


Title: Re: 50BTC VS Deepbit
Post by: Gabi on September 07, 2012, 04:32:30 PM
Not with PPS, and it seems you are looking for a pool with PPS

And anyway, if not PPS,  high variance doesn't mean lesser earning, there is also the chance to find more blocks in a short amount of time.


Title: Re: 50BTC VS Deepbit
Post by: organofcorti on September 07, 2012, 04:33:33 PM
Pool hashrate means nothing  ::) Choose a 0% fee pool and maybe one that pays out transaction fees too.

But don't choose a 0% PPS pool.

Apart from the downtime you might experience since the pool op isn't paid and needs to spend time away from the pool earning money, a 0% PPS pool is likely to become bankrupt at some point.


Title: Re: 50BTC VS Deepbit
Post by: solareclipse64236 on September 07, 2012, 04:46:27 PM
Between 50BTC and Deepbit? Would you say the two are comparable?


Title: Re: 50BTC VS Deepbit
Post by: Graet on September 07, 2012, 06:39:50 PM
PPS is PPS, difference is fee
https://bitcointalk.org/index.php?topic=106417.0
lists pps pools and how much they pay


Title: Re: 50BTC VS Deepbit
Post by: meebs on September 08, 2012, 01:07:24 AM
Between 50BTC and Deepbit? Would you say the two are comparable?

Comparable yes.

Both pay you X BTC per share of work your computer submits.

One just pays more than the other (50btc = more).

The amount you get paid per share for 50btc is 48.5 / difficulty = 48.5/2.6 million = roughly .00001865 per share.



Title: Re: 50BTC VS Deepbit
Post by: splat44 on September 08, 2012, 06:45:12 AM
One thing for sure with 50BTC is my system is producing less invalid shares then Deepbit!