Have 2.311 PH/S rate, PPS P2POOL or PPLNS

[-ck]

Use www.kano.is .

[Prelude]

P2Pool always pays best in the end, but variance is a factor. As long as you understand that, I think p2pool would be best for you. If you want a traditional pool, my vote goes to kano and then slush.

[mavericklm]

Use www.kano.is .

+1!

Another idea is to use few pools so you have a more constant income and you are not the victim of bad luck of one pool

[pepto]

Yes, use kano.is.  Make me some money.

[Prelude]

Use www.kano.is .

+1!

Another idea is to use few pools so you have a more constant income and you are not the victim of bad luck of one pool

Yeah, that's not a bad idea.

770TH/s to p2pool
770TH/s to kano.is
770TH/s to slush

..something something eggs in a basket...

Plus you'll get a clear idea of who pays best over time. I'd suggest using 3 proxy setups, 1 per pool, to make controlling your miners easier.

[midas28]

I am taking a stab at p2pool today, might move about 1/4 machines to it to test its mining power.

And for the record, notlist3d, I have 4 staffs who does the maintenance.

I started mining 6 days ago, it was originally introduced by a friend, but he is not super experienced himself nor have 2PH + of mining power. I am using a public chinese PPS pool, and it's doing alright with about 6+ Month ROI. I have ordered another 300 S7 that will be delivered tomorrow for more stress testing of PPS/PPNLS.

And I never mentioned anything about 11TH + Rate, I mentioned that I have 500 S7 Miners from Batch 1 with hashrate of 4.45TH/s per machine, and with overcloaked I get around 2.31-2.33 PH/s average.

I do apologize coming in here and ask stupid questions like this, I guess it's all about trial and error now.

Thanks guys.

[p3yot33at3r]

I am taking a stab at p2pool today, might move about 1/4 machines to it to test its mining power.

A good choice! 

It's always preferable to use your own p2pool node with another p2pool node as backup/failover. If you need a hand or have any questions with settings etc, pop over to the p2pool thread - we're a helpful bunch! 

[philipma1957]

Always feel free to ask me via pm.


Good luck!

[smracer]

Go big or go home.

very nice.

[philipma1957]

one last thing  read my thread on the s-7 controller

https://bitcointalk.org/index.php?topic=1173573.0



with all the gear you have  some controllers will fail.

these allow linking 3 s-7's together

https://bitcointalk.org/index.php?topic=1173573.msg12359304#msg12359304


in your case you have 500 controllers running.


linking the s-7's together   is well worth looking into.

  333 controllers turned off.

save you at least 3 to 5 kwatts

save you a shit ton of ethernet switches

make your cat 5 wiring much more simple.

I figure you should contact J4bberwock and order a lot of the loner cables from him.

I also figure I just saved you a few thousand dollars with this idea.

see photos in the thread on hook up



tips are welcome


1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje

[p3yot33at3r]

these allow linking 3 s-7's together

https://bitcointalk.org/index.php?topic=1173573.msg12359304#msg12359304

Thanks for this link, just what I need for mine - if they ever arrive......

[philipma1957]

Hell the op could buy three hundred cables this would free one hundred controllers .  He would save on space sine the machines would be link in sets of two or three machines his choice .

It allows many spare parts for him

He could even sell a few controllers to the guy that has one dead s-7 due to a dead controller.

I had two s-7 units ran them one one controller.

I shipped 1 s-7 to a friend and ordered a second s-7 just so I can have a spare controller.

[chalkboard17]

What nobody is telling you and very few know is that you are in fact losing money due to fees and variance if you mine on any pool, even p2pool, with your more than 2ph/s. You need to run your very own node (not a p2pool one, an actual node), then you will have no fees, much lower rejected shares and little latency.

If you want you can hire me to set node and take care of your many machines, having one or two machines is fine to leave all of them online and barely pay attention to them but having hundreds you will have tons of work with wiring, electricity, internet, cleaning, opening up machines, infrastructure, node, profitability etc.
PM me if interested

[p3yot33at3r]

What nobody is telling you and very few know is that you are in fact losing money due to fees and variance if you mine on any pool, even p2pool, with your more than 2ph/s. You need to run your very own node (not a p2pool one, an actual node), then you will have no fees, much lower rejected shares and little latency.

Actually, I did already tell him that:

It's always preferable to use your own p2pool node with another p2pool node as backup/failover. If you need a hand or have any questions with settings etc, pop over to the p2pool thread - we're a helpful bunch! 

There are no fees with p2pool. They are decided by the node owner - & I doubt he/she will want to charge himself  It's also very easy to set up a p2pool node, no special skills are required & there are many p2pool miners who will help do this for free.

[eleuthria]

What nobody is telling you and very few know is that you are in fact losing money due to fees and variance if you mine on any pool, even p2pool, with your more than 2ph/s. You need to run your very own node (not a p2pool one, an actual node), then you will have no fees, much lower rejected shares and little latency.

Actually, I did already tell him that:

It's always preferable to use your own p2pool node with another p2pool node as backup/failover. If you need a hand or have any questions with settings etc, pop over to the p2pool thread - we're a helpful bunch! 

There are no fees with p2pool. They are decided by the node owner - & I doubt he/she will want to charge himself  It's also very easy to set up a p2pool node, no special skills are required & there are many p2pool miners who will help do this for free.

Except even running your own p2pool node will have issues with rejected/orphaned shares.  Running your own full node and solo mining at that speed is much better than p2pool.

[p3yot33at3r]

If I had that kind of hash rate, I'd be tempted to solo mine also  He was asking about p2pool though, so I tried to answer.

It would be nice to have that extra hash on p2pool as well of course - all helps towards decentralizing & taking the big, empty block producing Chinese pools out of the equation 

[jonnybravo0311]

OP, as much as I'd love to have that extra hash rate on p2pool, if I had that kind of setup, I would almost certainly spend the time to setup my own pool and mine to it as eleuthria (who certainly knows a thing or two about running pools) mentioned.  Of course, that also runs the risk of poor connections to the network and orphaned blocks, so considerably higher risk (losing the full block vs losing a few shares on p2pool).

Maybe see if -ck would be willing to work on something with you.  He might know a thing or two about mining and pools...

EDIT: I actually just saw -ck's reply above to use www.kano.is.

So let me get back to the basics of your original question.  PPS does not suffer the effects of variance.  You get paid for every share you submit.  The value of each share is calculated as the block reward divided by the network difficulty.  The big PPS pools (f2pool, AntPool) charge you a fee for PPS mining, 4% and 2.5% respectively.  Now, f2pool does give you alt coins (NMC, HUC, etc) to help offset the fee, so at the end of the day you probably end up making about 98% of expected earnings after everything is factored in.

PPLNS pools (like p2pool, www.kano.is, antpool) are very affected by luck and the luck swings can lead you to making considerably more or considerably less coin than expectations.  I actually have a very long running thread (which I need to update with the last month's data... will hopefully get to that tonight or tomorrow) showing actual earnings of an S3 on p2pool since about Christmas of last year.  You can clearly see from the graphs that there are ups and downs, but overall I have made more BTC than expected payouts for that hash rate.  If you go through the thread you can see there were weeks where p2pool found no or very few blocks and others where p2pool found more blocks than expected.  You can also see the effects of luck.  There was one week where even though p2pool had better luck than expected, I actually made less than expected because of how many shares I had on the chain when the blocks were found.  Anyway, if you want to take a look, that thread is here: https://bitcointalk.org/index.php?topic=891298.0.

On a more personal note, I don't support the behavior of either f2pool or AntPool.  They both perform SPV mining, have caused forks in the chain previously, and run shoddy software that produces empty blocks.

[Meuh6879]

770TH/s to p2pool
770TH/s to kano.is
770TH/s to slush

useless (to use backup pool).
p2pool have 284 peers and ... so 284 servers with normal 8 connexions for rebondance of the sharechain.

you can not have offline (or delay) statut with p2pool, it's all.

[-ck]

Maybe see if -ck would be willing to work on something with you.  He might know a thing or two about mining and pools...

EDIT: I actually just saw -ck's reply above to use www.kano.is.

I gave the easiest answer, but here is a little more detail.

If you want good payouts, use kano.is as your extra hashrate will help smooth out the block solves, but it still won't be guaranteed daily payouts, though it will average to about that.
If you are happy to wear the variance for a bit more fluctuation through solo mining, use solo.ckpool.org or set up your own solo pool (I'd recommend against this unless you know what you're doing since there is very little chance you'll be able to optimise it as well as an experienced pool operator.)
If you want to use p2pool, you can, but there's a catch - with that many miners you'd need a very good setup to get good performance from it as p2pool's code doesn't scale to that many miners and it will be very inefficient. I've helped one or two people set up a ckpool based proxy in front of an optimised p2pool to make it scale, but at a cost. I charge for doing customised code for people. You can PM me if you're interested. The people I did this for in the long run seemed to find it easier to just work on a pool rather than have to maintain their own mining node like this.

[midas28]

Maybe see if -ck would be willing to work on something with you.  He might know a thing or two about mining and pools...

EDIT: I actually just saw -ck's reply above to use www.kano.is.

I gave the easiest answer, but here is a little more detail.

If you want good payouts, use kano.is as your extra hashrate will help smooth out the block solves, but it still won't be guaranteed daily payouts, though it will average to about that.
If you are happy to wear the variance for a bit more fluctuation through solo mining, use solo.ckpool.org or set up your own solo pool (I'd recommend against this unless you know what you're doing since there is very little chance you'll be able to optimise it as well as an experienced pool operator.)
If you want to use p2pool, you can, but there's a catch - with that many miners you'd need a very good setup to get good performance from it as p2pool's code doesn't scale to that many miners and it will be very inefficient. I've helped one or two people set up a ckpool based proxy in front of an optimised p2pool to make it scale, but at a cost. I charge for doing customised code for people. You can PM me if you're interested. The people I did this for in the long run seemed to find it easier to just work on a pool rather than have to maintain their own mining node like this.

Hi CK, may I ask what type of farming method is ckpool?

I would much rather setup personal mining pool than using a public one, I moved a couple of S7's to my own p2pool yesterday, the results are ehhhh, and havent received one payout. I get two payouts/day with my current public PPS pool.