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Author Topic: deepbit vs btcguild  (Read 2220 times)
heavyb
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June 08, 2011, 04:10:19 PM
 #1

I recently moved my 1100 mhs from deepbit to btcguild and have a few questions to ensure I am still mining at the same, or better rate than previously.

First, the worker summary on btcguild is not accurate, it says I have not earned shares over the last hour on two workers and 53 minutes on the other, but my amount of shares this round has been increasing. Also, my estimated reward has not budged for almost 2 hours and just recently went down by .01.

I understand the danger of one pool having 50% of the network but I am concerned that I am not maximizing my mining on btcguild based on these inaccurate reports.

An explanation will be greatly appreciated.

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heavyb
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June 08, 2011, 04:22:49 PM
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awesome, thanks! Yea I did have payper share selected which I guess is why I do not have as clear of a picture from BTCguild. But if I am going to get a higher % of btc, and protect the network, I am all for staying with btcguild.

Thank you!

DonMon
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June 08, 2011, 04:31:37 PM
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Yes I recently moved my 1.4Gh/s from Deepbit (as I discussed on the Deepbit forum) to BTCGuild as well:

-3rd largest pool at 750Gh/s so there's a block win every 80 mins or so (at current conditions) - BUT remember you get MORE per block win here...whereas at Deepbit you get little mini payouts more frequently....however:
-You get more % overall in the long run at BTCGuild because it is a 0% fee pool (although donations at your discretion)
-They've got an open book...even clearly spelling out the Balance Sheet of block wins and payouts since the pool started.
-Been rock solid for me so far...and just added another server...with plans for another(?)

Anywho..i'm done lobbying for BTCGuild...hell...doesn't have to be them...just saying what I did...if they get too big...we would need to jump somewhere else again...


Two peanuts walked down the road and one was a salted...boom goes the dynamite!  Here's my hat on the ground..

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[Tycho]
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June 08, 2011, 04:41:08 PM
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-They've got an open book...even clearly spelling out the Balance Sheet of block wins and payouts since the pool started.
There is a block list and payments list at deepbit too.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
DonMon
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June 08, 2011, 05:15:46 PM
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-They've got an open book...even clearly spelling out the Balance Sheet of block wins and payouts since the pool started.
There is a block list and payments list at deepbit too.

Heh...I said Balance Sheet Tycho...let's see yours then Smiley

Two peanuts walked down the road and one was a salted...boom goes the dynamite!  Here's my hat on the ground..

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Burt
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June 08, 2011, 05:18:43 PM
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Hi Tycho, dont ruin bitcoin close registrations to your pool.
heavyb
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June 08, 2011, 06:06:46 PM
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awesome, thanks for all the info guys!

arknor
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June 08, 2011, 06:37:53 PM
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-They've got an open book...even clearly spelling out the Balance Sheet of block wins and payouts since the pool started.
There is a block list and payments list at deepbit too.

Heh...I said Balance Sheet Tycho...let's see yours then Smiley
hes more bothered about earning as much as possible for himself he must be at around 200BTC for himself daily just from the fee.

main reason i switched to a different pool hes obviously motivated by personal greed and puts the well beeing of BTC below his greed
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