Have 2.311 PH/S rate, PPS P2POOL or PPLNS

[midas28]

I am not a professional at this, can anyone shed some light?

I am currently on PPS, was wondering if i switch over to P2POOL, would I gain more?

Does anyone have any professional advice?

Thank you

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[philipma1957]

Frankly at 2ph I would use f2pool and see my results. They give a good amount of nmc coins to help pay for the fees they charge.

To clarify they pay at .96 and the NMC they give is about 1.2 percent.

This is .972  all the time.

It is day in and day out.

Do it for a week and clock what you get back.

Then do p2pool for a week and see how you do.

P2pool should do a little better but is subject to variance.

[DebitMe]

Frankly at 2ph I would use f2pool and see my results. They give a good amount of nmc coins to help pay for the fees they charge.

I think the OP may have made an error.  It seems highly unlikely that someone who is not a professional would have over 2 PH/s of gear.  Do you mean 2 TH/s?  This would make more sense and could potentially change the answer to your question.

[midas28]

I literally have 2.311 PH/S, not 2.311TH/S

I have 500 S7 with overcloaked turned on.

[philipma1957]

I added more to my answer.

This  is a choice you can make.

If I were you I would bounce back and forth between the two on a weekly basis.

It would help flatten variance.

[midas28]

I added more to my answer.

This  is a choice you can make.

If I were you I would bounce back and forth between the two on a weekly basis.

It would help flatten variance.

Right, I understand that part. I was just curious if anyone has any experience with around similar hashrate doing PPS or PPLNS. I am getting steady bitcoins/day with PPS, but you know.. ppl get greedy

[bmoscato]

I literally have 2.311 PH/S, not 2.311TH/S

I have 500 S7 with overcloaked turned on.

Not a professional?  That's a lot of hardware to be a hobbyist.

[midas28]

I literally have 2.311 PH/S, not 2.311TH/S

I have 500 S7 with overcloaked turned on.

Not a professional?  That's a lot of hardware to be a hobbyist.

It's really not that hard to throw in money to purchase machines, rent a factory in China, get electricians in, and set up static ip and then a public PPS pool.

I am not here to ask people to believe that I have this hashrate.

Just looking for ideas and advice before I switch over.

[RichBC]

I literally have 2.311 PH/S, not 2.311TH/S

I have 500 S7 with overcloaked turned on.

So as a matter of interest 2.311PH/S from 500 S7 is 4.622TH Per S7.

So as this would equate to running them at 575MHz, what are you overcloaking at?

Rich

[midas28]

I literally have 2.311 PH/S, not 2.311TH/S

I have 500 S7 with overcloaked turned on.

So as a matter of interest 2.311PH/S from 500 S7 is 4.622TH Per S7.

So as this would equate to running them at 575MHz, what are you overcloaking at?

Rich

Batch 1 that was delivered few days ago are actually at 4.45TH, not 4.86TH.

http://i62.tinypic.com/23kc55w.jpg

[RichBC]

Batch 1 that was delivered few days ago are actually at 4.45TH, not 4.86TH.

That's very interesting. I had heard that Miners were being delivered at 4.66TH but had not realised they had gone as low as 4.45TH (550MHz). Was this a surprise to you or were you informed before delivery?

Rich

[midas28]

Batch 1 that was delivered few days ago are actually at 4.45TH, not 4.86TH.

That's very interesting. I had heard that Miners were being delivered at 4.66TH but had not realised they had gone as low as 4.45TH (550MHz). Was this a surprise to you or were you informed before delivery?

Rich

I was informed before the delivery and was refunded 900 RMB per machine.

I ordered 300 more from Batch 2 with 4.66TH that will be delivered on the 22nd.

P.S. can we stay on topic?

[philipma1957]

I literally have 2.311 PH/S, not 2.311TH/S

I have 500 S7 with overcloaked turned on.

Not a professional?  That's a lot of hardware to be a hobbyist.

I have a good friend that would be willing to set a place up in Washington state.  Put in 500k to a million.

He is a retired banker. He knows me for 23 years.

If I were single I would do  it for him. He knowledge of bitcoin and asics is just about zero.

Maybe op is like that has money to invest and no place to put it.

World wide 5% interest  in a government bond or a bank is no longer easy to find.  So a guy with some money to invest could look at btc to set up as an alternative.

At op  I think someone is wrong if all your gear is doing 4,450 gh. at freq 600 or freq 606, 612.

tell them to do freq 587. see this screen shot:

I get 4743 at freq 587  with almost 0 errors and since you are looking to max profit with best pool  You need to look at maxing your profit with best freq.

do me a favor set 20 or 30 to freq 587 and compare with your others.

[midas28]

I literally have 2.311 PH/S, not 2.311TH/S

I have 500 S7 with overcloaked turned on.

Not a professional?  That's a lot of hardware to be a hobbyist.

I have a good friend that would be willing to set a place up in Washington state.  Put in 500k to a million.

He is a retired banker. He knows me for 23 years.

If I were single I would do  it for him. He knowledge of bitcoin and asics is just about zero.

Maybe op is like that has money to invest and no place to put it.

World wide 5% interest  in a government bond or a bank is no longer easy to find.  So a guy with some money to invest could look at btc to set up as an alternative.

At op  I think someone is wrong if all your gear is doing 4,450 gh. at freq 600 or freq 606, 612.

tell them to do freq 587. see this screen shot:

I get 4743 at freq 587  with almost 0 errors and since you are looking to max profit with best pool  You need to look at maxing your profit with best freq.

do me a favor set 20 or 30 to freq 587 and compare with your others.



https://i.imgur.com/X5ViaMN.png

These are my stats before overcloak.

I will get my guys to set the freq tomorrow and see if it makes a difference. It's currently at 550.

[RichBC]

P.S. can we stay on topic?

Sorry but it's not often that someone new pops up with 500 S7. 

I would consider carrying out 5 Simultaneous experiments each with 100 S7 on different Pools / payment systems. For PPS you will get an instant comparison, however for PPLNS you are going have to wait for the tail to work through when you stop mining plus you are also may just end up measuring Pool Luck. Bottom line is that in the long run there is not much to choose relative to setting them up for maximum reliable Hash Rate, and keeping them running 24/7.

Rich

[midas28]

P.S. can we stay on topic?

Sorry but it's not often that someone new pops up with 500 S7.  

I would consider carrying out 5 Simultaneous experiments each with 100 S7 on different Pools / payment systems. For PPS you will get an instant comparison, however for PPLNS you are going have to wait for the tail to work through when you stop mining plus you are also may just end up measuring Pool Luck. Bottom line is that in the long run there is not much to choose relative to setting them up for maximum reliable Hash Rate, and keeping them running 24/7.

Rich

I understand I just signed up, and I don't blame anyone who doesn't believe me. Doesn't matter to me anyways because that's not the message I am trying to deliver.

I have read some articles on PPLNS that if you are running these machines 24/7 you're more likely to earn more than PPS as PPS fees overpowers PPLNS. I am not sure if this is true statement or not, but like I said in the beginning, it's rather more risky for me to switch it all over at once, than hear opinions from people who have actually experimented it.

I will perhaps turn 100 of them to PPLNS and compare earnings to 100 of the PPS.

Thanks.

[DebitMe]

P.S. can we stay on topic?

Sorry but it's not often that someone new pops up with 500 S7.  

I would consider carrying out 5 Simultaneous experiments each with 100 S7 on different Pools / payment systems. For PPS you will get an instant comparison, however for PPLNS you are going have to wait for the tail to work through when you stop mining plus you are also may just end up measuring Pool Luck. Bottom line is that in the long run there is not much to choose relative to setting them up for maximum reliable Hash Rate, and keeping them running 24/7.

Rich

I understand I just signed up, and I don't blame anyone who doesn't believe me. Doesn't really matter to me anyways because that's not really my point.

I have read some articles on PPLNS that if you are running these machines 24/7 you're more likely to earn more than PPS as PPS fees overpowers PPLNS. I am not sure if this is true statement or not, but like I said in the beginning, it's rather more risky for me to switch it all over at once, than hear opinions from people who have actually experimented it.

I will perhaps turn 100 of them to PPLNS and compare earnings to 100 of the PPS.

Thanks.

The math is actually very simple.  You can find a PPLNS pool with 0 fees rather easily.  On average you should earn 100% mining profits, what more could you ask for?  PPS will have a fee involved, and although you will earn the same amount daily, expect 95 to 96% mining profits due to the fee.  So your statistically better to PPLNS mode, but as you said people are greedy, but more than that, they are also irrational.

Throwing nmc profits into the mix with fees on different pools changes this a little bit as philipma mentioned earlier.  But to keep on topic, that is the basic math between PPLNS and PPS.

[notlist3d]

I really like PPS myself as I can count on a solid number and know what I'm getting.  If you like a little more in return PPLNS is best as a lot do at 0 percent, only thing is some can very a great amount per day. 

So a lot really depends on pool.  But my vote is PPS most of time.  Everyonce in a while I do PPLNS, but I like that constant amount.

[bmoscato]

P.S. can we stay on topic?

Sorry but it's not often that someone new pops up with 500 S7.  

I would consider carrying out 5 Simultaneous experiments each with 100 S7 on different Pools / payment systems. For PPS you will get an instant comparison, however for PPLNS you are going have to wait for the tail to work through when you stop mining plus you are also may just end up measuring Pool Luck. Bottom line is that in the long run there is not much to choose relative to setting them up for maximum reliable Hash Rate, and keeping them running 24/7.

Rich

I understand I just signed up, and I don't blame anyone who doesn't believe me. Doesn't matter to me anyways because that's not the message I am trying to deliver.

I have read some articles on PPLNS that if you are running these machines 24/7 you're more likely to earn more than PPS as PPS fees overpowers PPLNS. I am not sure if this is true statement or not, but like I said in the beginning, it's rather more risky for me to switch it all over at once, than hear opinions from people who have actually experimented it.

I will perhaps turn 100 of them to PPLNS and compare earnings to 100 of the PPS.

Thanks.

Just as an FYI, I didn't say that I didn't believe you, I'm somewhat jealous...  LOL...  I was just surprised by the amount of hardware you have invested in and asking here for best options.  Like someone else said earlier, it's not the standard to have a "big player" pop up and ask questions.  That said, I wish you luck.  I would probably split my hashing power between different pools to try and maximize profit.

[notlist3d]

P.S. can we stay on topic?

Sorry but it's not often that someone new pops up with 500 S7.  

I would consider carrying out 5 Simultaneous experiments each with 100 S7 on different Pools / payment systems. For PPS you will get an instant comparison, however for PPLNS you are going have to wait for the tail to work through when you stop mining plus you are also may just end up measuring Pool Luck. Bottom line is that in the long run there is not much to choose relative to setting them up for maximum reliable Hash Rate, and keeping them running 24/7.

Rich

I understand I just signed up, and I don't blame anyone who doesn't believe me. Doesn't matter to me anyways because that's not the message I am trying to deliver.

I have read some articles on PPLNS that if you are running these machines 24/7 you're more likely to earn more than PPS as PPS fees overpowers PPLNS. I am not sure if this is true statement or not, but like I said in the beginning, it's rather more risky for me to switch it all over at once, than hear opinions from people who have actually experimented it.

I will perhaps turn 100 of them to PPLNS and compare earnings to 100 of the PPS.

Thanks.

Just as an FYI, I didn't say that I didn't believe you, I'm somewhat jealous...  LOL...  I was just surprised by the amount of hardware you have invested in and asking here for best options.  Like someone else said earlier, it's not the standard to have a "big player" pop up and ask questions.  That said, I wish you luck.  I would probably split my hashing power between different pools to try and maximize profit.

I would find it surprising if you have 2.31PH and asking these question's.  With this amount if you don't know this I would guess you have a staff for that amount as it is a lot of miners.   To be new and go to 2.31 PH is pretty much unheard of.  

And we all could be wrong.   Just to spend the money for 2.31 PH and not have an absolute grasp would be surprising.  Math does not make complete sense you mention 200 units hashing  that is 11.5 TH per machine, and I cannot think of a machine running at that currently.