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Author Topic: BTC Mining Pools List  (Read 903913 times)
organofcorti
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Poor impulse control.


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May 22, 2017, 03:09:20 AM
 #1241

So how much is antpool really taking from people for their free mining?
20% recently but over time it is still a significant proportion correct?
Strange they have half the network, does no one know this or notice?


I'll have some time soon, I'll let you know what I find out.


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Minor Miner
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★ BitClave ICO: 08/11/17 ★


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May 22, 2017, 06:43:43 PM
 #1242

So how much is antpool really taking from people for their free mining?
20% recently but over time it is still a significant proportion correct?
Strange they have half the network, does no one know this or notice?


I'll have some time soon, I'll let you know what I find out.



I kind of ballparked it.   It is a ton of cash for "engineers' bonuses".   But, the question you cannot answer is "why do people mine there if they are losing 10-20% of what they should receive"?

Are they just ignorant?


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jonnybravo0311
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Mine at Jonny's Pool


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June 01, 2017, 12:29:17 PM
 #1243

Ignorance.  Plain and simple.

Every miner sold by Bitmain has AntPool setup by default.  Lots of the people buying boatloads of hardware really have no clue - they're just investors trying to make a buck.  They leave the settings as they are.

Another reason why people don't really notice is because all of those online calculators calculate earnings based on block reward only.  None of them include transaction fees.  Believe me, if those investors saw losses of up to 20% of their earnings, they'd jump ship in a heartbeat.

A final reason is the "bigger is better" mentality.  There certainly is some truth behind that statement - at least from the point of view of variance.  The larger the pool, the less variance it suffers.  Investors like predictability Smiley.

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
xLittlegirly
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June 17, 2017, 07:47:21 AM
 #1244

thanks for the info.
it was very much helpful Smiley

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
PRIMEDICE
The Premier Bitcoin Gambling Experience - Most Trusted & Popular Bitcoin Game @PrimeDice
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mdnajir
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“Best IoT Platform Based on Blockchain”


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June 18, 2017, 07:53:51 PM
 #1245

I am not also add it before next 3 week.

bets21
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June 24, 2017, 04:48:28 AM
 #1246

still profitable ? lol
Maria5
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July 05, 2017, 11:09:53 AM
 #1247

it is good idea. people
tsmiles
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Passion brought Us here....


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July 30, 2017, 12:05:46 AM
 #1248

Please, i will like to ask a question, i'm new on this platform, I will like to have your views on bitcoinclub, i wanna start mining via the organization.
 hope  this is the right place
kano
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July 30, 2017, 12:39:54 AM
 #1249

Please, i will like to ask a question, i'm new on this platform, I will like to have your views on bitcoinclub, i wanna start mining via the organization.
 hope  this is the right place

MLM scam

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
notabeliever
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July 30, 2017, 05:14:40 PM
 #1250

Please, i will like to ask a question, i'm new on this platform, I will like to have your views on bitcoinclub, i wanna start mining via the organization.
 hope  this is the right place

bitcoinclub  a scam they owe me 13 coins and don't answer any emails or online chats. I can still log into my account and see them pending

Pool url: pool.burstcoin.de:8080           
Reward Assignment address: BURST-GHTV-7ZP3-DY4B-FPBFA
iyungrozy
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September 04, 2017, 11:17:14 AM
 #1251

please update this thread as i am a bit confused and i have tried there some websites that have died

I just suggest Smiley

 and just ask Cheesy

is the minergate good enough?
kano
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September 06, 2017, 06:09:33 PM
 #1252

Please. Ignorantly i invested money in kanockpool
Want to know if i should continue with them
simply search this forum and you'll find I've posted about it being a scam multiple times and for quite a while

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
genesisex_com
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October 03, 2017, 02:07:45 AM
 #1253

Mining websites are sorted by Alexa rank.

http://site-guides.com/tag/cryptocurrency-mining/

Top 3

nicehash.com 2541
hashflare.io 3195
genesis-mining.com 3863

GenesisEX Digital Currency Exchange
leiven02
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PoSToken


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October 05, 2017, 02:45:56 PM
 #1254



Summary of mining pool reward systems
Reproduced here with permission from Meni Rosenfeld


   PPS   Geometric   PPLNS   Double geometric   Proportional   Slush's   SMPPS   ESMPPS
Hoppability   None   None   Low/None   None   High   Medium   Low   Low   
Share-variance   Very low   Adjustable   Adjustable   Adjustable   Medium   High   Low   Low   
Pool-variance   None   Adjustable   High   Adjustable   High   High   Low   Low   
Maturity time   None   Low   Adjustable   Adjustable   Medium   Low   Very high   Very high   
Operator risk   High   Adjustable   None   Adjustable   None   None   None   None   
Variance+risk   High   High   Medium   Adjustable   Medium   High   Low   Low   
Variance+risk+maturity   Medium   Medium   Medium   Medium   Low   Medium   Medium   Medium   
Complexity   Low   Medium   Medium   High   Low   Medium   Medium   Medium   
Instability   Medium   Low   Low   Low   Low   Low   High   High   
Author's rating   4/5   4   4   4   1   3   2   2   
                        



Attribute description
  • Hoppability: In hoppable pools, the attractiveness of submitting shares (in terms of expected return, variance and maturity time) varies based on the pool’s current state. Hoppers will take advantage of times of high attractiveness, leaving steady miners to suffer from more than the fair share of unattractive times. In hopping-proof pools, the expectation, variance and maturity time of the reward per share is always the same.
  • Share-variance: This is the variance (statistical deviation between the expected re- ward for a share and the actual reward) caused by the miner being too small or inter- mittent. Using a method with high share-variance does no harm to continuous large miners.
  • Pool-variance: This is the variance caused by the pool being too small. Using a method with high pool-variance does no harm to large pools.
  • Maturity time: This is the average time it takes to receive the due reward. High maturity time causes loss of the time value of money, and risk of the pool being discontinued before the rewards are received.
  • Operator risk: This is the risk the operator is taking in absorbing some of the pool’s variance. Operators of risky methods will require a relatively high fee as compensation, decreasing the expected earnings of participants.
  • Variance+risk: Mostly relevant for pools which can adjust variance and operator risk, this is their invariant total.
  • Variance+risk+maturity: Mostly relevant for pools which can adjust variance, risk and maturity time, this is their invariant total.
  • Complexity: The level of complexity in describing the method, implementing it and modeling its dynamics.
  • Instability: This is the probability of the pool’s collapse, and the severity of the event.
  • Author’s rating: The author’s opinion of the quality of the method, all things considered. 5 are the best methods, 1 is the worst.



Method description
  • Proportional: The block reward is distributed among miners in proportion to the number of shares they submitted in a round. The expected reward per share depends on the number of shares already submitted in the round, so hoppers will receive much more than their fair share and steady miners will earn much less. This is the worst reward system and must not be used.
  • PPS: Each share receives a fixed reward known in advance. This is the ultimate low- variance, low-maturity simple method, but has the highest risk for the operator, and hence lower expected returns than other methods and risk of collapse if not managed properly. It is currently only moderately attractive, but is the way of the future - it will be the most widely used method when the infrastructure to offer it with low fees is established.
  • slush’s method ([5]): Each share is rewarded with a score depending on when it was submitted (an exponential function of time), and block rewards are distributed among miners in the round in proportion to their score. It is historically the first method developed specifically to combat pool-hopping, though it is incomplete and some hopping is still possible. Contrary to a popular myth, the method is perfectly usable by intermittent miners and their long-term average returns won’t be affected. The variance for intermittent miners will be especially high, though.
  • Geometric method ([3]): This is a hopping-proof method based on a more accurate implementation of the principles set forth by slush’s method. Shares are rewarded with a score that decays exponentially as more shares are submitted. The operator takes a variable fee to maintain a steady-state history. The total variance in this method is high, though its distribution between the operator and miners is adjustable. PPS is a special case of this method where the operator takes all the variance.
  • PPLNS ([1]): Block rewards are distributed among the last shares, disregarding round boundaries. In the accurate implementation, the number of shares is deter- mined so that their total will be a specified quantity of score (where the score of a share is the inverse of the difficulty). Most pools use a naive implementation based on a fixed number of shares or a fixed multiple of the difficulty. The share-variance can be reduced at the cost of increased maturity time, but there is no way to decrease the long-term pool-variance. All implementations cannot be hopped using traditional methods. However, only the accurate implementation is hopping-proof against diffi- culty adjustments.
  • SMPPS: This method attempts to give shares the full PPS reward on a best-effort basis. However, when there is a backlog of due payments the maturity time is high. Hoppers can mine when the balance is positive and enjoy low-fee PPS, and leave when the balance is negative. The properties of stochastic processes guarantee that the negative balance will eventually become arbitrarily high, inevitably causing the collapse of the pool when it becomes unattractive to mine. This is exacerbated by the fact that any losses due to block withholding, invalid blocks and stale shares (if paid) cause the deficit to pile up.
  • ESMPPS ([6]): A refinement of SMPPS, where the least paid shares are prioritized. The total reward for a share converges to a steady-state ratio of the maximum long- term payment possible per share after losses. If this steady-state is accepted as the due expected reward, this keeps maturity time in check and prevents debt, measured up to the steady-state level, from piling up. However, the debt will still go arbitrarily high due to variance. The pool may survive this if the participants are loyal.
  • Double geometric method([2]): A hopping-proof hybrid between the geometric method and PPLNS, including the former and an exponential version of the latter as special cases. Shares decay exponentially with the number of future shares submitted and the number of blocks found. Round boundaries are crossed but not ignored. Maturity time, variance and operator risk are adjustable, with a low total invariant.

For a more comprehensive discussion of these methods, see [4].

References
[1] Pplns. https://bitcointalk.org/index.php?topic=39832.
[2] Meni Rosenfeld. Double geometric method: Hopping-proof, low-variance reward system. https://bitcointalk.org/index.php?topic=39497.
[3] Meni Rosenfeld. Geometric method: New cheat-proof mining pool scoring method. https://bitcointalk.org/index.php?topic=4787.
[4] Meni Rosenfeld.   Analysis of bitcoin pooled mining reward systems, 2011. https://bitcoil.co.il/pool_analysis.pdf.
[5] slush. http://bitcointalk.org/index.php?topic=1976.msg50002#msg50002.
[6] TheSeven. http://bitcointalk.org/index.php?topic=12181.msg378851#msg378851.
xuantu57
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October 07, 2017, 04:09:58 AM
 #1255

Could the pool op for "Tricky's Bitcoin pool" post a listing request with relevant data in the format I give on the first page?
Leather
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October 15, 2017, 02:58:22 PM
 #1256

what pool can I choose today?
what are their differences?
os2sam
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Think for yourself


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October 15, 2017, 06:02:37 PM
 #1257

what pool can I choose today?
what are their differences?

Did you read the first post of this thread?

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
Jeffery533
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October 23, 2017, 07:09:56 AM
 #1258

thanks for the info !  Smiley Smiley
darkangel15
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October 24, 2017, 08:21:03 AM
 #1259

I think free sites can be very dangerous, well-researched small quantities should be tried or our loss will be bigger
riokk
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October 27, 2017, 02:54:08 PM
 #1260

 Smiley
Thank you for the information, very useful for newbies.
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