Bitcoin Forum

Alternate cryptocurrencies => Pools (Altcoins) => Topic started by: Redrose on August 31, 2016, 03:54:42 PM



Title: Pros and cons in mining in a low hashrate pool + question about proportionality
Post by: Redrose on August 31, 2016, 03:54:42 PM
I'm facing a dilemna about which pool going to mine things other than Ethereum and Ethereum Classic. I'm however facing low hashrates on my favourite pools, so I'd like to get what you think about it.

For me pros are that it helps decentralising the network and cons are that I don't find many blocks. However, due to to the rules of the proportionality, I should have the same amount of coins after a week.

My question is is that statement true ? If I go to a 1 MH/s pool will I get the same amount of coins at the end than if I'm in a pool that has 100 MH/s ?


Title: Re: Pros and cons in mining in a low hashrate pool + question about proportionality
Post by: ocminer on September 01, 2016, 12:03:08 PM
In short : Yes

You'll get the same amount on the low hashrate pool


Title: Re: Pros and cons in mining in a low hashrate pool + question about proportionality
Post by: joblo on September 02, 2016, 02:16:02 AM
Statistically yes, but luck will play a bigger role so there will be greater variation in returns.
Higher hashrate pools provide a more steady payout. Over time it should even out.


Title: Re: Pros and cons in mining in a low hashrate pool + question about proportionality
Post by: Redrose on September 02, 2016, 08:29:34 PM
Thank you for the replies. So yeah, luck thing is to consider, but now I'll maybe brave it for an healthier coin :). Thank you to both of you. I'll now lock the thread.