Bitcoin Forum

Bitcoin => Mining => Topic started by: ThePiachu on September 17, 2011, 12:29:39 PM



Title: Perfect pool
Post by: ThePiachu on September 17, 2011, 12:29:39 PM
How do you imagine a perfect mining pool? What features would you like to see in a pool you would use? How would you like the pool to be financed? How would you want to earn shares of the mined Bitcoins? Everyone, please share your thoughts on this issue, and I`ll try to compile them in this post, so every pool admin can implement them.

Technical features:
  • Low latency
  • High uptime
  • Long polling
  • Scalability


User interface:
  • Clean layout
  • Intuitive interface


Services:
  • Optional automatic withdrawals
  • Email notifications


Security:
  • Secure login


Earnings:
  • Pay per share (PPS) option
  • Instant payments
  • Paying out transaction fees


Other features:
  • Integrated market
  • Fairness
  • Pool reputation


Title: Re: Perfect pool
Post by: neptop on September 17, 2011, 12:39:25 PM
ESMPPS, PPS probably or something P2P based. Oh and of course paying out transaction fees. (ad based?)

Automatic payouts are also something that's nice. ABC comes close, but appears to be a bit buggy, else I'd mine there.

Oh, an integrated market would be awesome!
It's funny. I'd love to have a payment system like Bitcoin to trade Bitcoins. xD


Title: Re: Perfect pool
Post by: ThePiachu on September 17, 2011, 01:30:53 PM
"paying out transaction fees" - what do you mean by that?


Title: Re: Perfect pool
Post by: Reckman on September 17, 2011, 02:35:20 PM
"paying out transaction fees" - what do you mean by that?

pools typically keep the 0-2 btc that are attached to a block for transaction fees, usually this is minuscule though....but in the future this will be the primary method for miners to make btc


Title: Re: Perfect pool
Post by: ThePiachu on September 17, 2011, 09:22:51 PM
Well, bitcoin.cz is taking 1BTC fee, as visible on the website (http://mining.bitcoin.cz/), although it does not say anything about taking the transaction fees overhead as well.


Title: Re: Perfect pool
Post by: ThePiachu on September 18, 2011, 10:42:48 AM
Added some mentioned points. Anything else one could want from a pool?


Title: Re: Perfect pool
Post by: ThePiachu on September 19, 2011, 11:38:28 PM
After emailing Slush and Tycho, added some new points (Instant payments, Fairness and Reputation). Any other suggestions?