Bitcoin Forum

Bitcoin => Pools => Topic started by: smoothrunnings on October 21, 2013, 12:00:58 PM



Title: Personal opinion
Post by: smoothrunnings on October 21, 2013, 12:00:58 PM
I see why people use fee based pools vs non-fee based.

I colleague of mine suggested I switch to a non-fee based pool and give it a try. So I did, I pointed all my miners at this one site, the fee base site before paid out on average 0.4x BTC's to me on average (fees included), sometimes it was little bit more one day and a little bit less the next but it averages out to what 226GH/s would get on the current difficulty.

So far with the non-fee based pool I have lots a lot of bitcoins. I haven't come close to the 0.4x BTC's I am used to getting with the fee based system. Sadly with switching back to the fee based system I have to let things ramp up a bit before I start seeing my normal take.

I am not trying to start a war, but I am sharing my opinion so that if other people who are wondering which pool they should go with can read this and decide for themselves.

Thanks,


Title: Re: Personal opinion
Post by: philips on October 21, 2013, 12:17:21 PM
The non-fee one was using by chance DGM? How long have you mined there?


Title: Re: Personal opinion
Post by: evansearle42 on October 22, 2013, 12:44:44 PM
You should be getting more Bitcoin on non-fee. Check your stale rate and luck factor.


Title: Re: Personal opinion
Post by: nowywbitcoinowymswiecie on October 24, 2013, 12:12:32 PM
I start to come to the same conclusion. Ive mined with Slush. Steady 0.3x daily. Moved to Eligius - wonder if Ill get 0.2 by the end of the day. Everybody around are so happy with Eligius. Not me. Wait till the end of the day and propabbly swith to other pool.


Title: Re: Personal opinion
Post by: HellDiverUK on October 24, 2013, 12:32:15 PM
One day isn't long enough.  Variance and all that.


Title: Re: Personal opinion
Post by: Turbor on October 24, 2013, 06:49:20 PM
I see why people use fee based pools vs non-fee based.

I colleague of mine suggested I switch to a non-fee based pool and give it a try. So I did, I pointed all my miners at this one site, the fee base site before paid out on average 0.4x BTC's to me on average (fees included), sometimes it was little bit more one day and a little bit less the next but it averages out to what 226GH/s would get on the current difficulty.

So far with the non-fee based pool I have lots a lot of bitcoins. I haven't come close to the 0.4x BTC's I am used to getting with the fee based system. Sadly with switching back to the fee based system I have to let things ramp up a bit before I start seeing my normal take.

I am not trying to start a war, but I am sharing my opinion so that if other people who are wondering which pool they should go with can read this and decide for themselves.

Thanks,

Pool operator deserves every satoshi of your coins... :D


Title: Re: Personal opinion
Post by: amer on October 25, 2013, 05:40:21 AM
I will never understand how people with such a bad understanding of pools and basic math invest so much money into mining.


Title: Re: Personal opinion
Post by: winner999 on November 13, 2013, 08:05:38 PM
I start to come to the same conclusion. Ive mined with Slush. Steady 0.3x daily. Moved to Eligius - wonder if Ill get 0.2 by the end of the day. Everybody around are so happy with Eligius. Not me. Wait till the end of the day and propabbly swith to other pool.

There is something called "pool luck".


Title: Re: Personal opinion
Post by: jkminkov on November 14, 2013, 02:31:02 PM
I will never understand how people with such a bad understanding of pools and basic math invest so much money into mining.

but worst part is they share their knowledge


Title: Re: Personal opinion
Post by: DrHaribo on November 14, 2013, 06:14:01 PM
So this is a comparison of the luck of two pools over a few days?

Remember that past luck has no effect on future luck.

Read up on gambler's fallacy on Wikipedia: http://en.wikipedia.org/wiki/Gambler%27s_fallacy