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Author Topic: Eligius pool is back under the new name Ocean  (Read 3689 times)
alani123
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February 18, 2025, 05:50:57 AM
 #221

I think the implication here would be that big pools are employing some sort of thievery to steal from their miners in a shady manner.
Perhaps falsely attributing more shares to their miners or just their opaque share system algorithmically favouring some sort of miner more than another.

Several parties mining at OCEAN have claimed they earn more at OCEAN. A miner in a pool wouldn't stand to gain anything from more people mining on it. Except maybe faster blocks, but ocean is doing pretty well in terms of total hashrste now.

Well if anyone wanted to prove the opposite it would be pretty easy to run a test though.
Go to mining rig rentals and rent two small but identical rigs for a week or so. One goes on OCEAN and the other on a pool by the Chinese cartel like Binance or antpool.



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kano
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February 24, 2025, 08:20:21 PM
Merited by mikeywith (4), NotFuzzyWarm (2), vapourminer (1)
 #222

It is VERY easy to calculate your expected reward on any PPS/FPPS pool if you simply look at your accepted shares on your miner.
I very much doubt any of the big pools would get away with claiming PPS or FPPS and not paying it, since it is so damn simple to check.

So making such claims about them without any sort of proof does seem rather sketchy, and since it is SO easy to check if they are doing something, it would be advisable to check such comments before making them.

Running a rental from fuckhash is probably the worst way to test a pool, since you have no access to the miners at all, and no access to statistics, just a randomly allocated hash rate that may well be nothing like they say it is and nothing like you paid for.
We run a 'solo' fun run in my pool using fuckhash, and looking at the expected result vs the actual result, it's quite obvious they like rounding things down.

ALL pools work off share difficulty - hash rate is simply a calculation from that.
Alas when fuckhash only show you hash rate, it's really hard to tell what's actually going on and how much you lost vs what you should have got.

I do hope your pool also supplies valid statistics and isn't hiding behind unreliable calculations.

Aside: miners also do the same thing to show hash rate, it's also a calculations based on nonce difficulty found by the chips over time. (and it's also not a count of hashes)

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
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mikeywith
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March 06, 2025, 02:20:03 AM
 #223

Well if anyone wanted to prove the opposite it would be pretty easy to run a test though.

You made the claim, you need to prove it. Show us how any large reputable mining pool pays less than they promise. As Kano said, PPS payent is straightforward; you know beforehand how much you are getting paid based on your hashrate, Claiming that your pool pays more is jus bizarre; if anything, it pays less due to the fact that it censors transactions. Cheesy

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alani123
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July 17, 2025, 10:59:28 AM
Merited by vapourminer (2)
 #224

Seems like this summer someone started dropping a lot of hashrate on OCEAN. The pool went from 3 EH/s to 12 EH/s...

It's been interesting to observe this because once again the hashrate seems to be coming from a certain few addresses. For instance:
https://ocean.xyz/stats/3Dkn56s9MVsN7tc6dm8rD4s5rqRyRDHBWC

This address was using some minor hashrate on the pool since may and since then effectively doubled the pool's hashrate by bringing its own.
Similar story for the pool's current top 3 addresses in terms of hashrate.
https://ocean.xyz/dashboard

Could it be that big miners are not fond of this type of transparency that some are avoiding this pool? May be.

As per https://miningpoolstats.stream/bitcoin OCEAN remain at #14 to 15 among all pools


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EstherBtc
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August 29, 2025, 10:22:35 AM
 #225

Seems to be that Eligius is back under the new name ocean.
I wonder why Luke Dashjr. did not open up a thread about this.
 
source:
www.ocean.xyz

Ocean utilizes DATUM, allowing miners to construct their own block template and decides which transactions to include.
It has also experienced significant growth since it's launch.
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