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Other => Beginners & Help => Topic started by: plunderisley on August 20, 2013, 11:53:33 AM



Title: PPS va PPLNS and which pool for me?
Post by: plunderisley on August 20, 2013, 11:53:33 AM
I've been searching around a lot, but can't really find anything to give me the best answer for me.

I bought 2 USB block erupter (333MH/s) a week ago and been mining with triplemining. It seems that even though I've been mining for a week, with the current hashrate I'll make some 0.04 when the block is done and of course as the block isn't done my confirmed rewards is 0.

I bought another 10 of those USB block erupters (bulk package so quite cheap) and I also picked up a Raspberry Pi and some decent USB 10 port hubs (with USB fans as I see how hot these things get. Could probably use them to boil water) and plan to use the Pi as a miner and in addition as a media center. Got to make the most use of the Pi.

But now I'm a bit lost on what pool to go with. I should be pushing out some 4GH/s and am confronted with the issue of PPS vs PPLNS. Does anyone have any recommendations? I probably won't be making a lot so I don't want to get caught in all the transaction fees for withdrawing, pool fees, other fees and loose some 10% or more from my mining. I can attempt 24/7 mining (and plan to) but as with everything there is no guarantee that my internet won't go out or the Pi will crash or something.


Title: Re: PPS va PPLNS and which pool for me?
Post by: ajw7989 on August 20, 2013, 12:17:25 PM
I go with PPLNS or some variation of it based on the pool. PPS is good if you can not mine almost 24/7. I have 3 USB erupters and have mined on btcguild, slush's pool, and bitminter. BTCguild has a very high hash rate and finds blocks early but pay is low and transaction fees are high. I spent a majority of my time on slush's pool since the fee is 2% instead of 3%. I am now on bitminter and love it. The main reason is switched is namecoin merged mining. Its like a very small bonus but any bit helps when you are not mining with a lot of hash. They also only charge 1% fee.
PPS looks good however since they have a higher risk the fees are huge so for me this was a turnoff.


Title: Re: PPS va PPLNS and which pool for me?
Post by: b!z on August 20, 2013, 12:40:14 PM
PPLNS has better payouts from my experience mining.


Title: Re: PPS va PPLNS and which pool for me?
Post by: plunderisley on August 21, 2013, 09:22:05 AM
Any particular PPLNS pool? Should I just stay with triplemining?


Title: Re: PPS va PPLNS and which pool for me?
Post by: monbux on August 21, 2013, 12:37:55 PM
I go with PPLNS or some variation of it based on the pool. PPS is good if you can not mine almost 24/7. I have 3 USB erupters and have mined on btcguild, slush's pool, and bitminter. BTCguild has a very high hash rate and finds blocks early but pay is low and transaction fees are high. I spent a majority of my time on slush's pool since the fee is 2% instead of 3%. I am now on bitminter and love it. The main reason is switched is namecoin merged mining. Its like a very small bonus but any bit helps when you are not mining with a lot of hash. They also only charge 1% fee.
PPS looks good however since they have a higher risk the fees are huge so for me this was a turnoff.

btcguild also has merged namecoin mining, but I like bitminter better too, because it gets a better hashrate for me :P


Title: Re: PPS va PPLNS and which pool for me?
Post by: jarhed on August 21, 2013, 01:05:33 PM
btcguild also has merged namecoin mining, but I like bitminter better too, because it gets a better hashrate for me :P

Bitminter is horrible. I haven't got pass their OpenID requirement and straight out refused to submit my time jumping through another monkey hoop.........what tha hell is wrong with registering a username and password like a normal site?..............this is almost DDos worthy......./rant

plunderisley, go with PPS. Everyone says PPLNS payment will even-out in the long run to make you feel better. I'm on PPLNS coz I let my ASIC rip full throttle.


EDIT: My views has nothing to do with Bitminter's actual pool.


Title: Re: PPS va PPLNS and which pool for me?
Post by: plunderisley on August 21, 2013, 03:49:54 PM
btcguild also has merged namecoin mining, but I like bitminter better too, because it gets a better hashrate for me :P

Bitminter is horrible. I haven't got pass their OpenID requirement and straight out refused to submit my time jumping through another monkey hoop.........what tha hell is wrong with registering a username and password like a normal site?..............this is almost DDos worthy......./rant

plunderisley, go with PPS. Everyone says PPLNS payment will even-out in the long run to make you feel better. I'm on PPLNS coz I let my ASIC rip full throttle.


EDIT: My views has nothing to do with Bitminter's actual pool.

any particular PPS pool?
Like I mentioned I should be a bit over 4GH/s


Title: Re: PPS va PPLNS and which pool for me?
Post by: jarhed on August 21, 2013, 05:43:14 PM
any particular PPS pool?
Like I mentioned I should be a bit over 4GH/s

Do a IP trace route to find the closest PPS pool to your location.
Check Blockchain.info (http://Blockchain.info) for pools doing actual work(Relayed By).

Select particular PPS pool that fits your needs.