How to find/join a private pool network.

[dimitri111]

Hey everyone,

I am a Bitcoin enthusiast, just like yourself. I currently own 3 SP20 Jackson mining rigs from Spom-Doolies with combined mining power of 5.1 TH/s.
I have been mining on public networks like ghash.io and antpool, but public pools are too saturated.  I am buying few more mining rigs from Spon-Doolies in a few weeks, and will have very nice hashing power.

I was wondering if anyone knows how to find private pool network and how to join them. Thank you all in advance.

[1715350095]

1715350095

[1715350095]

1715350095

[kano]

Well, not sure what you mean by a "private" pool or what direct advantages there are to using a "private" pool over a "public" pool.

From a centralisation POV every pool other than p2pool is centralised - including mine
Maybe just avoid the few largest pools?
https://bitcointalk.org/index.php?topic=77000.0

If you want to completely avoid any centralisation and don't mind much higher variance, then the only options are p2pool and solo mining.

With p2pool you need a very good setup and very good connection to other p2pool nodes to ensure you are paid completely fairly vs other p2pool miners.
With solo you need to setup your solo mine like a big pool or you risk losing more of those rare blocks you find to the orphanage.

You can of course also mine to a centralised solo pool to reduce the chances of getting orphans - none of them are very large - so the centralisation there is negligible.
e.g. https://bitcointalk.org/index.php?topic=763510.0

[dimitri111]

Thank you very much for your input.

What i meant by a private pool is something like https://megabigpower.com that have their own network. So thus i can get more bitcoin for my hashing power than i can on public pools, because their is a significant a lot less users.

If you are familiar with Spon-Doolies, I was their pre-configured GUI web interface to input mining URL, username, pass, etc...

What i can say, is that I am still learning and not too familiar with other manual methods of mining.

I current hashing power is @ 5.1 TH/s with 3 SP20 Jacksons and i really like them a lot, and will be ordering more in the next few weeks.

[kano]

In simplest terms, the size of the pool and the number of miners on a pool, will not make any difference to the amount you should expect to be paid.

[philipma1957]

Thank you very much for your input.

What i meant by a private pool is something like https://megabigpower.com that have their own network. So thus i can get more bitcoin for my hashing power than i can on public pools, because their is a significant a lot less users.

If you are familiar with Spon-Doolies, I was their pre-configured GUI web interface to input mining URL, username, pass, etc...

What i can say, is that I am still learning and not too familiar with other manual methods of mining.

I current hashing power is @ 5.1 TH/s with 3 SP20 Jacksons and i really like them a lot, and will be ordering more in the next few weeks.

let me know how that goes for you (sarcasm)

But to be gentle.
Mining does not work like that.

BTW

5.1th on your 3 sp20e's will blow them up.
They get  will get about 4.2th safely.

go to this site

https://bitcoinwisdom.com/bitcoin/difficulty  

 plug in 4.2  th  on a fee free pool you would earn 0.04521 btc a day.

f2pool pays 1 time a day each day and charges you 4%  so you would get 0.0434016 coins a day.  no luck just steady.


If you use kano's pool his fee is 0.75%   but he is not 1 payout a day.

He pays when he hits a block.

https://bitcointalk.org/index.php?topic=789369.0  kano's pool


https://bitcointalk.org/index.php?topic=700411.0    f2pool

[dimitri111]

Thank you very much for your input.

What i meant by a private pool is something like https://megabigpower.com that have their own network. So thus i can get more bitcoin for my hashing power than i can on public pools, because their is a significant a lot less users.

If you are familiar with Spon-Doolies, I was their pre-configured GUI web interface to input mining URL, username, pass, etc...

What i can say, is that I am still learning and not too familiar with other manual methods of mining.

I current hashing power is @ 5.1 TH/s with 3 SP20 Jacksons and i really like them a lot, and will be ordering more in the next few weeks.

let me know how that goes for you (sarcasm)

But to be gentle.
Mining does not work like that.

BTW

5.1th on your 3 sp20e's will blow them up.
They get  will get about 4.2th safely.

go to this site

https://bitcoinwisdom.com/bitcoin/difficulty  

 plug in 4.2  th  on a fee free pool you would earn 0.04521 btc a day.

f2pool pays 1 time a day each day and charges you 4%  so you would get 0.0434016 coins a day.  no luck just steady.


If you use kano's pool his fee is 0.75%   but he is not 1 payout a day.

He pays when he hits a block.

https://bitcointalk.org/index.php?topic=789369.0  kano's pool


https://bitcointalk.org/index.php?topic=700411.0    f2pool

I meant 5.1 TH/s as an combined advertised rate; it has gone all the way to 1.7 per rigs, but it's about 1520.84Ghs for the most time, averaging 4.7 TH/s via antpool.

I will absolutely check out kano's pool, tomorrow. I have an account with f2pool but haven't used it. I'm pretty happy with my current pool, antpool. My payouts are about 0.06579801BTC, 0.05944092BTC, 0.07155342BTC, of course some amount is felt from a previous day, regardless I am still getting 0.065BTC.

Now partnership with MegaBigPower, I can be mining 0.18 via their own private pool network. (This is what I meant, when I said "private pools".)

[swilla]

+1 for kano's pool. If not comfortable putting all hash in one spot then maybe put one on kano, one on slush and one on a pps, like antpool or emc. Three variations, three different payouts. See which one you like best then move your rigs to that one. Experiment and have fun. Good luck!

[dimitri111]

Thank you everybody for all of your input. I will try out kano's pool.

[jonnybravo0311]

Now partnership with MegaBigPower, I can be mining 0.18 via their own private pool network. (This is what I meant, when I said "private pools".)

You cannot mine 0.18BTC per day with 3 SP20s.  If somebody is telling you that you can, they are running some kind of BS scam that will blow up in their faces - and yours if you become a part of it.