Bitcoin Forum

https://www.triplemining.com/
I am a beginner using a low end GPU, but over the last 24 hours i have made .0230459. Why? I think because the pool is so small (only 86.83 GH/s), and my rate of 20.1 Mhash/s gets me a share every 10 minutes or so (maybe ive been jus getting lucky?) and it's only 250-300 miners at a time, so the payout is more since there are less people. Now, it does take longer for payout due to longer block finding time, but its a no fee pool, and it's way more than the .000xxxx i was making in Slush's pool when i first started. Just a suggestion.
Again, thanks to all the members who helped me yesterday. I got up to 20.1 Mhash/s by overclocking (safely) my drivers btw. a neat trick i found through google.

Maybe you won the weekly jackpot. I don't mathematically see a reason for a 20x increase simply by changing pools. Keep checking it.

of course in Slush's i was only mining off of CPU (5Mhash/s), but im sure with the fees charged there, i am still making more here than i would be there. correct?

5MH/s isn't worth it. Neither is 20MH/s. In 20 years those few coins might be worth it, but you are wasting your money right now. You'll end up spending more in electrical cost, and wearing out your processing units. You could get more coin for your money by buying from MtGox or another exchange. You've made roughly $0.24 in the last 24 hours, and likely used double that in electrical costs, with the addition of wearing down your GPU/CPU ever so slightly.

But to answer your question, EMC is the best.

Hi mufa23,
I'm new in this forum and thus cant post in the marketplace forum.
I'm interested in your Dirt 3 - Steam key offer.
Could you contact me on steam?

Nick: RedSpade
Member Since: November 21, 2011

That would be enough to recognize me.

Looking farword to it..

atleast i helped one guy out ^^
but there's this neat thing ANYONE can do, called PM RedSpade

I haven't dipped my feet in the mining game yet.

Slush's pool has extremely high variance for occasional miners, as the value of "old" shares decays to almost nothing very quickly.
If you must mine on your 20Mh/s, point it at one of the DGM pools, or go to the mighty deepbit and bump their hashrate up so I can hop there a little better  ;)

For a newbie I think Bitminter is the best as the GUI is insanely easy to use. I was solomining for last couple months and got fed up (no coins). Chose Bitminter and was up in minutes. Good payouts, stats, nice speeds on AMD GPU (7970 for me).

Are you truly an african hunter?

Any other good mining sites anyone can recommend?

I'll have my pool up and running here soon.  It's a sub pool to p2pool, payouts are daily on a proportional basis, tossing around a PPS as well..

It's not up yet, but will be soon.  www.PeerMining.us

Pm me as soon as it is up and running. I'll join it ASAP!

Sweet deal, will do!

How do you handle PPS with p2pool? I have an interesting idea but I want to know how you're doing it first  :D

So far it's an idea.

I'm not looking to make this a profitable pool, just looking to cover overhead costs of running it.  My PPS idea is pretty basic really.  If there is enough market for PPS, then I'll setup another server, which will require me to colo another server and then setup pushpool or something of the likes (undecided) and simply just running a PPS with some fee attached to it all.

(Again, this is just an idea at the moment, am awaiting the results of the first pool before I just jump in head first with no idea of outcome.)

p2pool is "the best". Not only because of the returns it provides, but because of the inherent fairness it has. No pool operator is in control of any large percentage of hashing power.

Exactly! Mainly the reason I'm starting my first pool as a sub-pool of P2Pool, simply because it will payout to the users in a fair manner and also it will personally benefit me by building my reputation up.

It's actually fairly easy to do just by collecting shares on one port and passing them to a p2pool instance on another port - ygpm  :)

Got it! ;)

BTCGuild.com has a nice predictable PPS system, and is more stable than Mt. Red. I tried Bitparking merged mining, but I was only making 90% as much there even with the lower fees because of stales.

Right now BTCGuild has a Stratum (new protocol) Beta server up that is 0% fee, so I'm giving that a try next.

not sure where I will land when the Jally gets here, but I think I'll have tried all of them by then ;)

As promised, once the server was setup I was to let some people in this thread know along with anyone else who wants to join.

www.PeerMining.us is the website the main page has everything you'll need for information.  I will have the forums powered by Xenforo in a bit.  Taking a small break from the computer to burn some bitcoin calories haha.

me because i spoke too soon. triplemining has been pn the same DAMN BLOCK FOR 79 HOURS!

I've tried a few pools - ozcoin is nice with a pretty fair payout, otherwise I'm using bitcoin.cz (with their separate stratum proxy) and deepbit.net.
Bitcoin.cz & Ozcoin both support merged mining have have pretty trackers & stats for your account & workers.  Deepbit is reliable with, so far, low stales but the web interface is pretty basic.  With all 3 the operators are friendly & reliable.

for what reason is this pool better then others?

Easy to get a hold of me and its never a bad thing to diversify yourself.  Try out the pool, if you don't like it; you don't like it.. It pretty much tells you how we run on the website.  We take enough to keep servers up and that's it.

I am new to the whole P2P mining thing. How often are payouts, and how do lower XXhash/s miners benefit?

If you mine p2pool on your own, you'll get paid every time p2pool finds a block (usually once or twice a day) - I'd argue that it's not a great place to be as a low mh/s miner, as each share there has quite high difficulty...

P2pool is the best pool. This said, it's a bit hard to setup for new ppl and if you have low hash then variance will be a bit high but since usually ppl mine for long time, it's not a real problem. If today you are unlucky then tomorrow you will be lucky and so on.

That's highly subjective, it's far from being the highest paying...

i seem to be finding shares fine. I'm just curious as to a payout calculator or something because his site is hard to read

No, it is not subjective

And yes, it's the highest paying. No fees+you get the transaction fees. It is a fact.
And you cannot be scammed with it.

Except for all the bonus pools that pay significantly more  ;)

Yes, pirate too was paying 7% week...  :D It's SUSPECT if a pool pay you more than the btc it get from the blocks mined.

Well I pay 105% and have been since early August  ;)
It's really not difficult to make more than a regular pool would  ;)

Pirate too ran his scam for months.

I'd love to know how exactly you think I'm scamming anyone - I pay all my miners daily, have been doing so for more than a month, and have made a profit.
If it was a scam it wouldn't be a very good one  :D

Actually Shadow and I have already talked in PM and it is quite feasible to payout 105+% to your p2pool.  There are ways of making money on anything.  I just personally haven't tried it out. 

As far as payouts it's all proportional to the work you have on the blocks that were worked on. Since it started last night, we may not have a payout quite yet, but we could.  I'm mobile at the moment and when I get a chance I will check the balance.

Our mining forums are now up as well.

Link in sig. :)