Which is the best pool to join with your ASIC?

[creativex]

valve time sounds alot like the place I come from...

http://hyperboleandahalf.blogspot.com/2010/04/alot-is-better-than-you-at-everything.html

[tbcoin]

When, someday, the ASIC may see the light, what will happen if a lot of this new computational power goes to the same pool? Which is quite feasible

[Luke-Jr]

When, someday, the ASIC may see the light, what will happen if a lot of this new computational power goes to the same pool? Which is quite feasible

Hope the pool supports GBT so the control remains with the miners.

[eleuthria]

When, someday, the ASIC may see the light, what will happen if a lot of this new computational power goes to the same pool? Which is quite feasible

Hope the pool supports GBT so the control remains with the miners.

Since you chimed in with this...does Eligius or EclipseMC actually support miners being able to build their own custom blocks yet?  Last I heard GBT pools were still sending miners the entire block to build, rather than expecting the miner to submit one of their own.  Just because GBT makes it possible doesn't mean it's being done.

[abracadabra]

I was wondering if it makes any difference in which pool you join with your Asic as the MH/s will be high?

Ozcoin + Stratum + VarDiff = FTW

[crazyates]

I was wondering if it makes any difference in which pool you join with your Asic as the MH/s will be high?

Ozcoin + Stratum + VarDiff = FTW

+1!

[jl2035]

When, someday, the ASIC may see the light, what will happen if a lot of this new computational power goes to the same pool? Which is quite feasible

hm... what happens if this is going to be p2pool ?

[DrHaribo]

BitMinter is currently testing some goodness for ASICs:

• Stratum with variable difficulty
• GBT (getblocktemplate) with variable difficulty
• getwork with rollntime and variable difficulty

That's all the three viable options for ASIC mining. Join the test and help make sure everything is ready before your ASIC arrives.

See https://bitcointalk.org/index.php?topic=27062.msg1372864#msg1372864 for info.

[Gabi]

Just join p2pool, the best pool.

[BitcoinOxygen]

BTCOxygen Mining Pool has support for ASICs

• We have Stratum support, so very few rejects.
• We pay PPS with a fee of only 2%. With PPS, your earnings are protected. We take the risk of bad luck.
• We have developed our own custom frontend. We can add features that you need. Just drop us a note at support@btcoxygen.com.

More info here: https://bitcointalk.org/index.php?topic=127815.0

[Graet]

When, someday, the ASIC may see the light, what will happen if a lot of this new computational power goes to the same pool? Which is quite feasible

Hope the pool supports GBT so the control remains with the miners.

Since you chimed in with this...does Eligius or EclipseMC actually support miners being able to build their own custom blocks yet?  Last I heard GBT pools were still sending miners the entire block to build, rather than expecting the miner to submit one of their own.  Just because GBT makes it possible doesn't mean it's being done.

Luke-jr? I eagerly await your response to this question.

[ChipGeek]

I plan on going to p2pool - assuming the ASIC miners are as efficient there as on other pools.

[jl2035]

Can somebody compare mining at p2pool and this BTCOxygen (or any other pool) ? Which is more profitable?

[DeepBit]

Any pool that has upgraded to Stratum or GBT based pool servers.

Not quite true.
Any pool that can handle the load will do.

[crazyates]

Any pool that has upgraded to Stratum or GBT based pool servers.

Not quite true.
Any pool that can handle the load will do.

You've got a point, but you're just nit-picking. I COULD technically re-roof my house with a hammer, or I could borrow my uncle's compressor and nail gun. Sure, a small pool using GW might be able to sustain a very small number of ASICs, but not that many, and why would you? A pool that is ASIC-ready needs to have the tools in place to handle the traffic.

[DeepBit]

You've got a point, but you're just nit-picking. I COULD technically re-roof my house with a hammer, or I could borrow my uncle's compressor and nail gun.

Of course I agree that those new protocols are better for high loads, but standard getwork with ntime rolling is still good enough.

[crazyates]

You've got a point, but you're just nit-picking. I COULD technically re-roof my house with a hammer, or I could borrow my uncle's compressor and nail gun.

Of course I agree that those new protocols are better for high loads, but standard getwork with ntime rolling is still good enough.

We'll see. It may work, but my analogy stands: there are better options. That's the whole point of this thread.

[Mobius]

When, someday, the ASIC may see the light, what will happen if a lot of this new computational power goes to the same pool? Which is quite feasible

Hope the pool supports GBT so the control remains with the miners.

Since you chimed in with this...does Eligius or EclipseMC actually support miners being able to build their own custom blocks yet?  Last I heard GBT pools were still sending miners the entire block to build, rather than expecting the miner to submit one of their own.  Just because GBT makes it possible doesn't mean it's being done.

Luke-jr? I eagerly await your response to this question.

Answer the Question!

[DrHaribo]

Before I allow miners to modify the transactions I hope bitcoind will get a JSON-RPC method that allows you to send it a block (or just prevblockhash + list of transactions) and get back whether this would be a valid or invalid block. I would like to not have to duplicate all those checks that bitcoind does.

If that happens, I'd be willing to support GBT transaction mutations in my pool.

Even without that, miners could implement checking for double-spend attempts across multiple pools. But the only reaction available would be to stop mining in all pools with conflicting transactions. Not a very good solution.

Either way, it would be interesting to know how many miners are interested in this. It makes more sense to spend time on this if miners actually care. Anyone want to set up a survey?

[Luke-Jr]

Before I allow miners to modify the transactions I hope bitcoind will get a JSON-RPC method that allows you to send it a block (or just prevblockhash + list of transactions) and get back whether this would be a valid or invalid block. I would like to not have to duplicate all those checks that bitcoind does.

BIP 23 Proposals will hopefully be supported in bitcoind soon.

Even without that, miners could implement checking for double-spend attempts across multiple pools. But the only reaction available would be to stop mining in all pools with conflicting transactions. Not a very good solution.

Or just compare with their own bitcoind and mine on the pool in the most agreement.