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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6
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on: April 16, 2015, 12:49:48 PM
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I have noticed that too. Apparently there are wrong calculations...Which pool do you guys consider to be the best one right now?
Best pool by far is monero.crypto-pool.fr. No one denies that's the largest pool, but largest doesn't mean best. On smaller pools your payments will be less frequent, but bigger. On the long run you should be getting more or less the same amount of XMR from each pool (it's also been said that you would be getting a little more from smaller pools, but I don't have the theory to back it up). But most importantly, if you avoid largest pools you will be helping to the decentralization by spreading the network's hash power. You should look for a good pool with low latency in your location. Just make sure to ping the mining server address and not the web server, as they may not be in the same location. Also, if your mining software supports it, you should add a backup pool just in case your main pool becomes unavailable. Avoid small pools , difficulty oscillates by 10-30% during the day, if you mine at a small pool and it hits no blocks during the low diff period than you are at a loss. And if it does hit a block during a low-dificulty period you get a bit extra. Over several days it largely balances out. Mine at a pool that hits a block every 10-15mins
A few blocks per day is plenty imo. The most important factor for a pool is reliability and that you have low latency. Bigger payouts is helpful because it will reduce your transaction fees when you try to spend. One suggestion I remember from a while back that was pretty good is to mine in such a way that you get part of at least 50 blocks. That depends not only on the pool hash rate (or your own hash rate if solo mining) but also your time horizon. Wrong. The difficulty keeps increasing, you don't get a second chance when you don't hit a block during the low-diff period. |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6
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on: April 15, 2015, 09:36:23 PM
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I have noticed that too. Apparently there are wrong calculations...Which pool do you guys consider to be the best one right now?
Best pool by far is monero.crypto-pool.fr. No one denies that's the largest pool, but largest doesn't mean best. On smaller pools your payments will be less frequent, but bigger. On the long run you should be getting more or less the same amount of XMR from each pool (it's also been said that you would be getting a little more from smaller pools, but I don't have the theory to back it up). But most importantly, if you avoid largest pools you will be helping to the decentralization by spreading the network's hash power. You should look for a good pool with low latency in your location. Just make sure to ping the mining server address and not the web server, as they may not be in the same location. Also, if your mining software supports it, you should add a backup pool just in case your main pool becomes unavailable. Avoid small pools , difficulty oscillates by 10-30% during the day, if you mine at a small pool and it hits no blocks during the low diff period than you are at a loss. Mine at a pool that hits a block every 10-15mins |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6
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on: February 18, 2015, 01:03:22 PM
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XMR.TOPay any Bitcoin address. Anonymously, using Monero.Hey people, arnuschky, a friend, and I made this new service called XMR.TO. It allows you to pay any Bitcoin address in a fully anonymous fashion using Monero. Payment is nearly instant, so you can use it to pay bitpay bills, or any of your other bitcoin purchases. Have a look at the website, it explains all the details: https://xmr.toWe're still in beta. In case of problems or suggestions, don't hesitate to contact us or just reply in the dedicated thread. Any feedback of course welcome! Excellent work!! You and your friend did more for monero with this one project that the core devs for the last 6 months! |
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