Bitcoin Forum

So I have tried a few different pools including bitcoinpool(small), Btcguild(big), and slushes pool(large). I have found that slushes is very consistent compared to the other two. Especially compared to bitcoin pool even if the group was lucky I would get maybe the same amount on slush. Btc guild just seems low compared to slushes. Might have been a unlucky day ,but I usually get maybe 30% more on slush. Today is pretty bad on slush lots of long blocks. Who do you think has the best pooled mining?

I found BTCGuild to give the most, and I've used all the major ones for a few days. Can't go wrong with 0% fee and pretty high block finds.

I can't comment on what the "best" pool out there may be, because I know it all depends on circumstance and what kind of payout consistency you're looking for. I've tried a few pools with high hash contributions (and fast payouts) and those with lower numbers. Lately I've been sticking with Bitpit (https://bitcointalk.org/index.php?topic=12181.0 (https://bitcointalk.org/index.php?topic=12181.0)). Their payouts are extremely consistent (as far as amount goes), but they are one of the slower pools currently out there (we generally get around 60-120 Gh/s on a given day). They are also 0% fee, but I normally tack on 1% as a donation. I currently get around 0.33BTC/day with my two 5830's, which I hear is pretty standard for my setup and the current difficulty (correct me if I'm wrong!). I'd encourage you to give it a try (add a little hashing power to the pool). I'd be curious to know what you think about it!

I tried on the -44% day ,which could not have helped so I might give it a try again.

Those pools, with the exception of Slush (to some extent), are vulnerable to pool hopping, which will ultimately result in lower payouts to you if you do not pool hop. I would recomment BitP.it (https://pool.bitp.it/) or maybe one of the PPLNS pools listed on the wiki's "Comparison of mining pools" page, or you could try one of the geometric scoring pools -- I think the only ones which use the geometric score calculation are Eclipse Mining Consortium and Continuum (the website of which seems to be down at the moment)

Pools with lower hash rates will pay out less often, but for larger amounts. Over time your reward will average out to be more or less the same, not accounting for a pool's luck which, of course, cannot be known in advance

For some info on the concept of pool hopping, if you're not familiar with it: http://bitcointalk.org/index.php?topic=9928.0;all

There is way too much variation going on with BTCGuild something very fishy is going on. The odds of that happening by chance has to be well under 1 in 1000 by now (I started a whole thread about how I think they are manipulating the luck).

I highly recommend using a PPS type pool. You are given a guaranteed amount of BTC per amount of work that you do. Luck is 0% every day. That way the owner can't cheat because it would make the payout buffer go negative and people would leave when they stopped getting paid. The pool is responsible for all variation.

I use BTCmine.

Been using Deepbit.net for about4-5 weeks now. No complaints.

+1 for Deepbit.net! :D

Just ran btcguild all night didn't get a fraction of what I would have gotton at deepbit/slush. Just deleted my profiles for btcguild not gonna be going there again. Just slush and deepbit now.

Spent five days checking out deepbit but found that slush's pool give slightly better returns for my setup, which is a modest hd 6770.

Does slush payout a full 8 decimals yet?
The main thing i look for in a pool are low (read:no) fees, automatic payouts, and full account payouts (all 8 digits to the left of the decimal)

Not a good day to be trying out BTCGuild for the first time - once this next block comes in the 24 hour luck will be around -65% - roughly only 8 blocks in 24 hours!  :-[

2% fee. Smallest is 0.01 This is also for deepbit. Only the smaller ones have full payout.

Ninjacoin.com is paypershare, so you get a fixed amount for every valid share you submit, which means no variance etc and you dont have to wait for a block to be solved to get paid!

Ars bitcoin is also a nice PPS pool. No fees, friendly interface and steady payout without variance.
https://arsbitcoin.com/index.php

Another vote for arsbitcoin here. I switched to them about a week ago and and really happy there

Thanks for the tip guys might try this place out.

I like BTC Guild, I like interface and 0% fees, but I am getting the worst luck there lately.

forget bout all other pools go with https://bitclockers.com/ (https://bitclockers.com/)

I moved from btcguild after having horrible luck and I agree bitclockers has been pretty good. 

BTCGuild is the best by far.  Here's what you need to realize that apparently the vast majority of people don't understand.  Let's say everyone mines at 1 GH/s :P Let's say one pool has 1000 GH/s and another has 2000 and there's only those 2 pools.  You join pool 2 because obviously they have double the chance of finding a block as the first one.  You'll make so much more money!  WRONG.  You're splitting 50 BTC with 200 people twice as often as opposed to splitting 50 BTC with half as many people half as often.  They tie.  No matter what pool you choose, you have exactly the same profitability.

The difference is fees they charge and features they offer.  BTCGuild is the best for that.  I even jacked up my donation so I qualify for e-mail notifications of stalled workers.  That's saved A LOT of lost mining time and paid for itself about 10x over so far.

The biggest pool I know of has important features missing and stores your password in PLAIN TEXT in their database.  Plain freaking text!  And they're the biggest pool!  So I think we know who's the #1 hacker target.

You also get a smaller piece of the pie compared to guys who generate much higher Hashs.  If you luck out on the smaller pools you gain more as the pay out will be higher.  Arsbitcoin has been pretty decent since their payout system (PPS) is different.

The one I use is deepbit. It's working good for me :)

I think that's another myth.  If you're mining at 100 MH/s and someone else in your pool is mining at 300 MH/s, it doesn't matter if the block is found in 1 minute or 10 minutes, he's getting 75% and you're getting 25% no matter what.  There's no bonus as far as I know to being the person who actually found the block.

Depends on the pool.

By the way, with the aggressive marketing, the style of the website and typical type of member there, and the size of it, bitclockers are pretty likely to be the ones behind DDOSing the other pools.  Just thought I'd throw that out there.

LOL.

No other way to respond to that except a kind LOL.  Good luck with your pool hopping or whatever you like to do.

Having spent weeks in the bitclockers chat channel, I think you are either kidding or trolling. Its a pretty laid back and extremely helpful crowd. Do you have anything tangible to back your conjecture?

As a hopper and supporter of BitClockers (a very great, strong and growing pool), I can attest that Desolator is not part of the community of hoppers. His statement here is straight bollocks and I will vouch that V2-V3, Backburn, et al from BitClockers are standup guys and are not engaging in any sort of DDOS activity.

Sounds like the kind of reply I was expecting.  So it's a really technical pool that;s sort of just starting out and is only at about 200GH/s.  The only reason people would have to switch to it is image and that image is long time informal tech expert/overcolocker/gamers which are famous for their wonderful social skills and sense of morals and internet politeness of course.  I definitely got the impression that they were a bunch of angry, arrogant, antisocial people over there just based on posts here and tada, here you are proving it.  What's most incredible is the discrepancy between how good your pool is and how good you pretend it is.

Btw, no, I don't pool hop.  If BTCGuild is down (thanks to assholes) I mine at Deepbit but that's about it and I usually lose a few hours before noticing so that's practically the opposite.

There is absolutely no reason for someone to DDOS another perfectly legit pool unless they're trying to eliminate competition.  Who's the most competitive pool with the poorest GH/s numbers and is filled with arrogant, hyper-geeky folks with bad attitudes who constantly rip on BTCGuild on the forum?  That'd be the fine people over at bitclockers.  Hmmm high technical knowledge members and a ridiculously passionate push to get people to mine there and angry, petty reps from there posting here...kinda the DDOSer profile.

If you have a competing theory complete with motive and suspects on why BTCGuild is being DDOSed, I'd love to hear it otherwise the prime suspect is pretty clear atm.

Seriously, spend some time in their chat channel. Bitclockers was one of my starting pools when I was learning about BTC mining, and they were amazingly helpful and patient. Also, they've been hit with DDOS attacks as well, I experienced two of them. Oh and "ridiculously passionate push"?! Its a really laid back bunch of folks, not sure where you got all your vitriol and conjecture. I tried BTCGuild and Deepbit, and BTCGuild was fine but they had some really crap luck (the kind that bitclockers are having atm), and Deepbit just rubbed me the wrong way and for the little time I was there generated the least BTC of all the pools I tried. Currently I am split between Bitclockers and Eligious. Are you going to spew some hate about Eligious as well? heh heh

Regards,
CoinHammer

P.S. Just thought of one more thing, if you really want to speculate about who is behind DDOS attacks - I am guessing its the zombie herders running the botnets - in fact I think one of the DDOS attacks on Bitclockers occured shortly after they implemented a filter that essentially blocked high noise CPU miners most of which use zombified systems.

I've been using slush for a few weeks, no complaints on this end. however, could someone explain how no-variance pools actually work? I had a look at the ars page and it reads to me like the owner is making a healthy profit on the excess...

There are a couple things that need explaining perhaps. Firstly, past events do not influence future results in random systems so luck doesn't exist over the long term.  No one pool is generally or permanently luckier than another and choosing a pool based on past "luck" performance is stupid.

Also, a botnet would obviously use their own pool that they set up instead of placing the entire operation in the hands of another pool that they have no control over, which could easily and rightfully seize all their BTC when they realize that there's like 1000 workers all at low speeds and from different IPs.

And third, if they did mine there and then got banned, they have no reason to DDOS them.  It serves no purpose and accomplishes nothing but wasting computing resources.  What are they, hoping BTCGuild will give up and change their mind and un-ban them?  Hell no!  Also, nobody has reported DDOS capable functions found alongside the mining trojan.

Lol, can anyone help me with getting started on bitcoins? O.O

1.1 g/hps @ deepbit

BTC Guild is my hangout spot.

I have switched my main pool to arsbitcoin after trying it out. You can literally have no fees and get paid more than deepbit. One bad point is that it will take maybe a day or two to get paid.

I've tried deepbit, btcguild, and slush.  Each over an extended period of time.  From my experience slush offers the best and most reliable payouts over time.  Slush is definitely the best for someone who's gonna set it and forget it.  If your hopping, or only mine for a short time each day, then slush wouldn't be a good idea...

As a redditor I really wanted MTRed to be a good pool, but I haven't seen good results from it. Maybe it was just a bad time for the period that I tried it out.

Most recently I've been using deepbit and I find it to give me consistent and high payouts. On the other hand, it is the largest of the pools and it's probably not a good idea to grow it larger than 50% of the total pooled mining power out there.

It is definetly not a good idea to support the larger pools, they could use their power for example by not working on a certain block, hence holding the transaction back (just theory!)

Also most of the big pools have fees, you get constant fast payouts, but you lose money due to fees.

I've been around the block.   rfcpool is the best i've found. 

https://www.ninjacoin.com < Signups reopened.

I have been mining on BTCGuild for several months. All good experience...

BTC Guild is my hangout spot.

50BTC all the way, great interface and website!! i Recommend it

Thanks for the info