Bitcoin Forum

Bitcoin => Pools => Topic started by: TheSocialHermit on June 22, 2011, 10:24:50 PM



Title: Payout on different pool
Post by: TheSocialHermit on June 22, 2011, 10:24:50 PM
I am mining on Deepbit right now but, of course, I'm getting shit pay on Proportional payout. Now I was wondering if I switched to a different pool with a lower amount of power, would that increase my payout or would switching to a new pool and going Pay per Share increase my income? I only want to do this until I can get my hands on a platform upgrade from the bitcoins I've accumulated as my poor desktop needs a rest  ::) Any advice? I'm running only a 5850 non-ref because I have nothing else.


Title: Re: Payout on different pool
Post by: gentakin on June 22, 2011, 11:00:19 PM
Your earnings are influenced by:
* pool fees
* pool downtimes
* amount of stale shares you get
* if the pool pays out transaction fees (only very few pools do this)
* if other miners are doing unfair things (like hopping or withholding found blocks)
* luck
* and probably some more ..

Since deepbit has pretty high fees, a switch to (for example) BTC Mine or BTC Guild might give you a little more payout. Pay per share is likely going to decrease your income (those usually have a high fee), unless you/your pool are very unlucky.

Also note that proportional payout schemes can be used for pool hopping. So if you want to make sure no one pool hops on your pool, choose a pool that doesn't use proportional rewards. (Though other payout methods might be vulnerable as well.)


If a pool is exactly the same as deepbit, only smaller - then your reward won't change. However you will get a less steady payout. On some days you will earn more, on some less. But it averages out at the same after some time.