Not worth it mining Namecoins PPS when mining bitcoins

[420]

Using my PPS rate thread: https://bitcointalk.org/index.php?topic=96649.msg1064538#msg1064538

minus Mt. Red which has 0 fees but you have to wait 120 confirmations [and experiencing major downtime lately]

Bitparking & ABC Pool are the highest paying PPS pools with one major difference, Bitparking also is fore Namecoin whereas ABC is not

BitParking.com pays 0.00002225 BTC & 0.00004600 NMC   
ABCPool.co     pays 0.0000224797 BTC

I just calculated that mining at bitparking to utilize the namecoin generation
it only creates you HALF the value in namecoin (@ .0025NMC/BTC exchange) as you would get mining at the higher paying ABC Pool for ONLY bitcoins

just letting you guys know

.0000002297 extra per share BTC on ABC Pool
.000000115 BTC worth of namecoins per share mined at BitParking

the NMC rate i used was an old high rate too which now a nmc only trades for about .0017

Update 9-26-12:
More return using BTC Guild & BitParking merged mining than ABC Pool

[doublec]

Didn't ABC just raise their fees?

[420]

Didn't ABC just raise their fees?

nope, happening on 24th at which point i'll recalculate but I think its not going to make a difference

[markm]

Does bitparking no longer give you devcoins, ixcoins and i0coins in addition to bitcoins and namecoins?

Also, my p2pool mines even more chains than bitparking does so maybe should be able to pay more, unless merged mining actually does lower one's take instead of increasing it. In the past I had seen posts claiming mining at bitparking was more profitable than elsewhere.

Unfortunately my pool pays out in devcoins, trading all the other coins in for devcoins, as it was set up that way in accordance with a bounty paid me by the devcoin project.

But, my exchange (my Open Transactions server) has no commission charge on trades, so switching the devcoins back to any of the other types of coins would not incurr any overhead...

I guess I should figure out how many devcoins 0.0000224797 BTC is and beat that, eh?

(Oh weird, ten decimal digits, its in hundredths of a satoshi eh? Ah well, luckily devcoins are smaller than bitcoins...)

-MarkM-

[420]

Does bitparking no longer give you devcoins, ixcoins and i0coins in addition to bitcoins and namecoins?

Also, my p2pool mines even more chains than bitparking does so maybe should be able to pay more, unless merged mining actually does lower one's take instead of increasing it. In the past I had seen posts claiming mining at bitparking was more profitable than elsewhere.

Unfortunately my pool pays out in devcoins, trading all the other coins in for devcoins, as it was set up that way in accordance with a bounty paid me by the devcoin project.

But, my exchange (my Open Transactions server) has no commission charge on trades, so switching the devcoins back to any of the other types of coins would not incurr any overhead...

I guess I should figure out how many devcoins 0.0000224797 BTC is and beat that, eh?

(Oh weird, ten decimal digits, its in hundredths of a satoshi eh? Ah well, luckily devcoins are smaller than bitcoins...)

-MarkM-

Currency   Pay Per Share
bitcoin   0.00002225
devcoin   0.07737750
i0coin   0.00282567
ixcoin   0.00175447
namecoin   0.00004600

maybe they let you choose in your account, cant do all at once from what i know

[doublec]

maybe they let you choose in your account, cant do all at once from what i know

Yes it mines all those coins at once.

[doublec]

But, my exchange (my Open Transactions server) has no commission charge on trades, so switching the devcoins back to any of the other types of coins would not incurr any overhead...

Do you have a page showing list of recent trades and volumes?

[markm]

But, my exchange (my Open Transactions server) has no commission charge on trades, so switching the devcoins back to any of the other types of coins would not incurr any overhead...

Do you have a page showing list of recent trades and volumes?

No web page, but the API has such info, and the java GUI client shows it per each asset pair at each scale.

So far though there are very few trades, most transactions happened off the markets, there are not a whole lot of people who have Open Transactions client so far, and there is no automation of the "bailing in" and "bailing out" of assets to/from the vaults or cold wallets where assets reside and the issuing of the asset tokens onto the server.

I have started making some simple HTML tables of asset values, at http://galaxies.mygamesonline.org/digitalisassets.html

Those are the values my offer making scripts are using to place offers in the markets, basically offering to buy for less than those values and sell for more than those values. The purpose of the tables so far is to try to get an idea as to which assets are trending up or down relative to which other assets.

-MarkM-

[420]

maybe they let you choose in your account, cant do all at once from what i know

Yes it mines all those coins at once.

why does my stats page only have bitcoin and namecoin then

[doublec]

why does my stats page only have bitcoin and namecoin then

You probably only registered a bitcoin and namecoin address. Register a new id and put in addresses for the other coins you want to receive.

[420]

I just re-calculated and it is even worth it mining BTC/NMC merged on BTC Guild over ABC Pool (with 0% donation) at current rate of 0.00184 and lower as well

of course BitParking still gives and even GREATER return