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Author Topic: Would anyone want a pool hopping program?  (Read 2823 times)
grue (OP)
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May 28, 2011, 09:39:35 PM
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This program would start miner(s), query pools to see their progress. Once they reach around 40% (optimal time to get off), the miner will be killed, and another miner will be started (pointed to another server).

It is pitch black. You are likely to be eaten by a grue.

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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davout
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May 28, 2011, 09:55:09 PM
 #2

What about score based rewards ?

grue (OP)
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May 28, 2011, 10:00:50 PM
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What about score based rewards ?
i would guess it would be profitable to hop over to a score based pool, once around 40% has been reached.

It is pitch black. You are likely to be eaten by a grue.

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May 28, 2011, 10:01:38 PM
 #4

What about score based rewards ?
i would guess it would be profitable to hop over to a score based pool, once around 40% has been reached.
What about delayed statistics ?

grue (OP)
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May 28, 2011, 10:10:11 PM
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What about score based rewards ?
i would guess it would be profitable to hop over to a score based pool, once around 40% has been reached.
What about delayed statistics ?
there are plenty of proportional pools with realtime stats.

It is pitch black. You are likely to be eaten by a grue.

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Sukrim
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May 28, 2011, 10:20:27 PM
 #6

I'd rather see a pushpool implementation, so you would point your own miners to a locally operated pool that does all the "magic" for you. To the pools itself you would just look like a normal (single) miner.

This also has the advantage that you could then even distribute work between pools and keep some minimal hash rate running all the time. Also you could then offer this "metapool" to others, creating the ultimate automatic pool hopping tool!

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
grue (OP)
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May 28, 2011, 10:28:55 PM
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I'd rather see a pushpool implementation, so you would point your own miners to a locally operated pool that does all the "magic" for you. To the pools itself you would just look like a normal (single) miner.

This also has the advantage that you could then even distribute work between pools and keep some minimal hash rate running all the time. Also you could then offer this "metapool" to others, creating the ultimate automatic pool hopping tool!
The only reason why i wouldn't want to do that is because pools may crack down on pool hopping. Sad

It is pitch black. You are likely to be eaten by a grue.

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Sukrim
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May 28, 2011, 11:08:18 PM
 #8

Well, sometimes they also might have to learn it the hard way...

In the end the method is known + documented for some months now, as well as counter measures (however one may view them).

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
grue (OP)
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May 28, 2011, 11:14:54 PM
 #9

come to think of it, it would be a really bad idea if i released it. pool hopping relies on the fact that other people will still mine, and won't jump out. if everybody was pool hopping, then all pools will be stuck at 40%. sorry guys, i guess i will have to be greedy, and keep my programs private.

It is pitch black. You are likely to be eaten by a grue.

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May 28, 2011, 11:23:55 PM
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come to think of it, it would be a really bad idea if i released it. pool hopping relies on the fact that other people will still mine, and won't jump out. if everybody was pool hopping, then all pools will be stuck at 40%. sorry guys, i guess i will have to be greedy, and keep my programs private.

If you want to be greedy, keep it private.  Nothing wrong with that.  If you want to help the network, release it so all the pools will be forced to drop proportional payouts that reward a small number of aggressive gamers over the larger population of casual miners.  Nothing wrong with that either.  You have to decide on your own values.



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