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Title: Any other pay-per-share pools? Post by: SgtSpike on May 19, 2011, 09:28:35 PM I know deepbit does PPS. Are there any other pools that do?
Title: Re: Any other pay-per-share pools? Post by: Melvin132 on May 19, 2011, 09:58:34 PM Check out:
http://swepool.net/ Its still in beta but its coming along nicely Title: Re: Any other pay-per-share pools? Post by: xf2_org on May 20, 2011, 12:07:26 AM Note that PPS pools are vulnerable to attack. This has already bankrupted one pool.
Thus, PPS pools charge huge fees (deepbit: 10%) for insurance. Title: Re: Any other pay-per-share pools? Post by: Melvin132 on May 20, 2011, 02:26:11 AM Swepool is fee less
Title: Re: Any other pay-per-share pools? Post by: Turix on May 20, 2011, 02:43:41 AM Swepool is fee less Someone please correct me if the following logic is incorrect, it is based off what I have learned so far about bitcoin mining PPS fees aren't charged as a percentage off what you earn, but rather the per share rate is set at a point where on average the block will have left over BTC after it has been shared out and that left over is the pools fee. So generally speaking while you will always get the per share rate that you see on a PPS pool, the pool is still technically charging a fee, its just less obvious to the end user than that on a proportional system. |