Bitcoin Forum
May 08, 2024, 11:28:53 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Pool efficiency  (Read 3221 times)
Coma (OP)
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
June 10, 2011, 03:17:30 PM
 #1

Is it possible that a pool might be more efficient mining than other?

I mean, deepbit charges a 3% fee. But if it's 3% more efficient than any other pool, it should be theoretical the same to use a no-fee pool than deepbit.
But what if deepbit is 5% more efficient?
1715167733
Hero Member
*
Offline Offline

Posts: 1715167733

View Profile Personal Message (Offline)

Ignore
1715167733
Reply with quote  #2

1715167733
Report to moderator
1715167733
Hero Member
*
Offline Offline

Posts: 1715167733

View Profile Personal Message (Offline)

Ignore
1715167733
Reply with quote  #2

1715167733
Report to moderator
1715167733
Hero Member
*
Offline Offline

Posts: 1715167733

View Profile Personal Message (Offline)

Ignore
1715167733
Reply with quote  #2

1715167733
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
soul4soul
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
June 10, 2011, 03:24:39 PM
 #2

theoretically all mining has the same chance any pool or non pooled mining rig in the end should all payout the same. the only way a pool can be more efficiently then another pool is by having better coding and network setup. if you get a lot of stale shares in a pool then you should switch to another one.
Coma (OP)
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
June 10, 2011, 04:11:36 PM
 #3

theoretically all mining has the same chance any pool or non pooled mining rig in the end should all payout the same. the only way a pool can be more efficiently then another pool is by having better coding and network setup. if you get a lot of stale shares in a pool then you should switch to another one.

Better coding is what I'm takling about.
But does this only reflects on stale shares?
gentakin
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
June 10, 2011, 05:25:38 PM
 #4

If a pool gets a lot of invalid blocks (say, the coding causes the pool to tell other bitcoin nodes about a found block only after a 120s delay, or it is connected to the network in a bad way) but doesn't pay for them, that's also less efficient.

I don't know a pool where this is a problem though, so.. Huh

1HNjbHnpu7S3UUNMF6J9yWTD597LgtUCxb
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!