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Title: Mining Pool Question Post by: bludstem on October 20, 2013, 11:32:19 AM I have a low hash rate. I am not sure whether a pool with an overall high hash rate is better because blocks are found quicker or if I should go with a pool that has a lower hash rate that doesn't pay as often but that I would get more coins per block found. What is your opinion on the matter?
Title: Re: Mining Pool Question Post by: organofcorti on October 20, 2013, 11:39:33 AM I have a low hash rate. I am not sure whether a pool with an overall high hash rate is better because blocks are found quicker or if I should go with a pool that has a lower hash rate that doesn't pay as often but that I would get more coins per block found. What is your opinion on the matter? How low is your hashrate and how many watts does is use? It might be better not to mine at all if your electricity costs would outweigh your expected income. Title: Re: Mining Pool Question Post by: bludstem on October 20, 2013, 11:48:04 AM My landlord pays the electric bill, so that part is not a worry for me. I get around 20kh/s between 2 CPU's when mining FeatherCoin. I am mining on MultiPool currently.
Title: Re: Mining Pool Question Post by: organofcorti on October 20, 2013, 12:05:02 PM My landlord pays the electric bill, so that part is not a worry for me. Perhaps not, but someone pays in the end. It's a kind of theft, and I hope you think about remunerating your landlord. I get around 20kh/s between 2 CPU's when mining FeatherCoin. I am mining on MultiPool currently. If you're asking about Feathercoin mining you should ask on the alt coins board. If you're asking about bitcoin mining, then you'll need to use the lowest share submission difficulty a pool has. Title: Re: Mining Pool Question Post by: bludstem on October 20, 2013, 12:42:38 PM Sorry, I just noticed that this was the BitCoin only section. I thought this was a general mining section.
Title: Re: Mining Pool Question Post by: -ck on October 20, 2013, 01:24:18 PM No, this is the bitcoin forum, which generously has one altcoin subsection. This issue can be fixed easily enough, just watch.
Title: Re: Mining Pool Question Post by: ethought on October 20, 2013, 01:58:58 PM I have a low hash rate. I am not sure whether a pool with an overall high hash rate is better because blocks are found quicker or if I should go with a pool that has a lower hash rate that doesn't pay as often but that I would get more coins per block found. What is your opinion on the matter? In theory you should receive the same amount in the long run using either type of pool, or solo mining for that matter. Title: Re: Mining Pool Question Post by: fattypig on October 20, 2013, 02:02:44 PM I have a low hash rate. I am not sure whether a pool with an overall high hash rate is better because blocks are found quicker or if I should go with a pool that has a lower hash rate that doesn't pay as often but that I would get more coins per block found. What is your opinion on the matter? In the long run it doesn't matter. Just choose one that have highest DDOS protection, lowest fee and lowest stale. Title: Re: Mining Pool Question Post by: meta.p02 on October 20, 2013, 02:41:57 PM ... I get around 20kh/s between 2 CPU's when mining FeatherCoin. I am mining on MultiPool currently. With CPUs, you're not going to get much. Mine some CPU coins (or at least some where GPUs aren't at much advantage over CPUs). Or you could try collecting coins that are not on exchanges yet, in the hope that they will be added in the future. Just curious, the CPU power works out to be 10KH/s... you are mining on a laptop? Mine gets 16KH/s (i5-3337U), and desktop CPUs can get about 30~40. Title: Re: Mining Pool Question Post by: Eli0t on October 20, 2013, 02:56:12 PM go for a medium sized pool that gets regular blocks but doesnt have too many people with 1000x your hashrate, although for coins with slow block times it doesnt matter too much
Title: Re: Mining Pool Question Post by: CoinBuzz on October 20, 2013, 03:37:29 PM do not go for PPLNS.
Go for PPS or CPPSRB pool's, they are better for your hashrate. Title: Re: Mining Pool Question Post by: bludstem on October 20, 2013, 10:54:48 PM ... I get around 20kh/s between 2 CPU's when mining FeatherCoin. I am mining on MultiPool currently. With CPUs, you're not going to get much. Mine some CPU coins (or at least some where GPUs aren't at much advantage over CPUs). Or you could try collecting coins that are not on exchanges yet, in the hope that they will be added in the future. Just curious, the CPU power works out to be 10KH/s... you are mining on a laptop? Mine gets 16KH/s (i5-3337U), and desktop CPUs can get about 30~40. On one computer it is 1.95 gh/s off a single core AMD Athlon 64 3200+ processor overclocked from 2.2ghz to 2.5ghz. On the other computer I am getting 3.5+ KH/s on each of 4 cores on an Intel Duo Core Quad 2.4ghz |