Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: car1999 on July 24, 2017, 07:49:07 AM



Title: how to choose mining pool?
Post by: car1999 on July 24, 2017, 07:49:07 AM
I use the pool which has the largest hashrate, for example, ethermine.org for ETH, lbry.suprnova.cc for LBC, is it correct? assuming the pools has same fee, does the pool which has larger hashrate give me more coins?

thanks,


Title: Re: how to choose mining pool?
Post by: iamnewhere on July 24, 2017, 08:02:28 AM
the pool with best luck gives most coins ;)

on the large pools you get just smaller part of each block so if one pool get 100 blocks a day and you get 0,01% of each block it's like you mine on a pool with 10 blocks where you get 0,1%.


Title: Re: how to choose mining pool?
Post by: cissrawk on July 24, 2017, 08:06:07 AM
Im not have a lot experience on mining, but i think largest pool is good for me. Because i dont scared if the pool is gone or scam. Because i have experience mine on some pool but they gone when i withdraw nothing from them. Lees fees its good  :D


Title: Re: how to choose mining pool?
Post by: iamnewhere on July 24, 2017, 08:12:55 AM
Im not have a lot experience on mining, but i think largest pool is good for me. Because i dont scared if the pool is gone or scam. Because i have experience mine on some pool but they gone when i withdraw nothing from them. Lees fees its good  :D

If you go with small hash rate on largest pool and if that pool has low value for PPLNS you get more or less nothing :D - so largest pool is not always the best one ;)
Just read through the board and you see several well-respected pools so you can choose one with a payout-scheme fitting your hash rate.


Title: Re: how to choose mining pool?
Post by: cissrawk on July 24, 2017, 08:41:12 AM
Im not have a lot experience on mining, but i think largest pool is good for me. Because i dont scared if the pool is gone or scam. Because i have experience mine on some pool but they gone when i withdraw nothing from them. Lees fees its good  :D

If you go with small hash rate on largest pool and if that pool has low value for PPLNS you get more or less nothing :D - so largest pool is not always the best one ;)
Just read through the board and you see several well-respected pools so you can choose one with a payout-scheme fitting your hash rate.

Yeah i know about that. Looks like antpool and slushpool. Something called "SOLO" or what is that called. I just stay on normal :)


Title: Re: how to choose mining pool?
Post by: Emoclaw on July 24, 2017, 08:45:30 AM
I use nanopool which has many coins and is highly convenient in keeping track of all your workers in one place.
The majority of mining pools use PPLNS for payouts so it doesn't really matter unless your hashrate is abysmal, therefore you shouldn't be mining at all in the first place.