Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Specialist1 on July 14, 2018, 11:02:15 PM



Title: Mining Experiment - Large Mining Pool VS Small Mining Pool
Post by: Specialist1 on July 14, 2018, 11:02:15 PM
Long term evidence! We need more Facts. I will take the risk, you can learn from my experience. Is mining to a large pool really better than mining to a small pool long term?

https://youtu.be/8UkDgMEb69U


Title: Re: Mining Experiment - Large Mining Pool VS Small Mining Pool
Post by: human75 on July 14, 2018, 11:26:02 PM
dont waste your time and money.i can tell you.you will hit the wall:-)If difficulty is high and you have low hash power you will hit the wall just like i did:-)


Title: Re: Mining Experiment - Large Mining Pool VS Small Mining Pool
Post by: botmanside on July 15, 2018, 04:10:38 AM
Long term evidence! We need more Facts. I will take the risk, you can learn from my experience. Is mining to a large pool really better than mining to a small pool long term?

https://youtu.be/8UkDgMEb69U

youre not any specialist, youre just troll...


Title: Re: Mining Experiment - Large Mining Pool VS Small Mining Pool
Post by: link.rk01 on July 15, 2018, 05:51:58 AM

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Title: Re: Mining Experiment - Large Mining Pool VS Small Mining Pool
Post by: Specialist1 on July 15, 2018, 10:49:03 PM
Explain

Long term evidence! We need more Facts. I will take the risk, you can learn from my experience. Is mining to a large pool really better than mining to a small pool long term?

https://youtu.be/8UkDgMEb69U

youre not any specialist, youre just troll...


Title: Re: Mining Experiment - Large Mining Pool VS Small Mining Pool
Post by: jillscarbrough on July 16, 2018, 04:51:58 AM
dont waste your time and money.i can tell you.you will hit the wall:-)If difficulty is high and you have low hash power you will hit the wall just like i did:-)

It is just comparing doing mining on the large and small pool and of course with the same coin so the difficulty would be ignored.



I've been doing something like this before, but I'm doing for my self. Comparing one pool to the other, large pool and a smaller one.
I think if a large pool means the pool with a large hasrate, it will have a few possibilities related to miner profit.

-) If that large hashrate comes from a lot of miners means the block reward will spreading to many miners that mine at that large pool, but the pool has a good chance of solving many blocks.

-) If that large hashrate comes from only several miners means each miner that exist will get more share.

and also,

-) (Share) will depend on the pool's payment systems that used.


That also will happen in a small pool. If the small pool means the pool that has small hashrate.

-) If that small hashrate comes from a lot of miners, it's terrible things because besides the pool have a bit chance of solving a block, the block reward itself will be shared to many miners.

-) If that small hashrate comes from only several miners means each miner that exist will get more share and sometimes doing mining on this kind of pool more profitable than a large pool with many miners.

I didn't finish watching that youtube videos  :D


Title: Re: Mining Experiment - Large Mining Pool VS Small Mining Pool
Post by: puwaha on July 16, 2018, 04:53:19 AM
Long term evidence! We need more Facts. I will take the risk, you can learn from my experience. Is mining to a large pool really better than mining to a small pool long term?

https://youtu.be/8UkDgMEb69U

Just watched the video.  I think to make it more fair, you need to have two identical rigs, with one mining to the large pool, and the other to the small pool... at the same time.  Otherwise, it's not a completely fair comparison.  Network hashrate, luck, and many other factors will color your results.

Also, you mentioned in the video that you will find a small pool that has zero workers.  That effectively means you are solo mining, and not really getting any benefits of using a pool other than convenience.