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Author Topic: Is elgius a good mining pool to join?  (Read 1622 times)
ketchupmaster
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May 10, 2016, 03:58:22 PM
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I want to join a mining pool and Elgius seemed like a good choice. I don't have very good mining hardware, I mine from a PC, but I heard that mining pools are the way to go if you don't have special mining equipment. I'm a beginner and want to know if Elgius is a good starter pool. I've read a few reviews about it.
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jonnybravo0311
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May 10, 2016, 04:38:04 PM
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You are about 5 years too late to mine BTC via CPU.  No pool is going to work for you.

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
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May 10, 2016, 07:17:41 PM
 #3

I want to join a mining pool and Elgius seemed like a good choice. I don't have very good mining hardware, I mine from a PC, but I heard that mining pools are the way to go if you don't have special mining equipment. I'm a beginner and want to know if Elgius is a good starter pool. I've read a few reviews about it.

You need special equipment to get in a pool. Even the multi millions setup use pools.
Soros Shorts
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May 11, 2016, 07:49:51 AM
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Eligius is a small pool with high variance. Nevertheless, I point a lot of my miners there because of one redeeming feature - you get paid mostly in virgin coins. Sometimes the block rewards go to a payout queue first and you end up getting paid with non-virgin coins and I don't like it when that happens.

You also don't need to register to use the pool and therefore can mine anonymously, if that feature is important to you.
Baby Rage
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May 11, 2016, 03:04:21 PM
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the pool is very good. but your pc wont get you any pc

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jonnybravo0311
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May 11, 2016, 03:55:36 PM
 #6

Eligius is a small pool with high variance. Nevertheless, I point a lot of my miners there because of one redeeming feature - you get paid mostly in virgin coins. Sometimes the block rewards go to a payout queue first and you end up getting paid with non-virgin coins and I don't like it when that happens.

You also don't need to register to use the pool and therefore can mine anonymously, if that feature is important to you.
If your primary motivation is virgin coins and anonymity, p2pool is your answer.  You always get virgin coins when p2pool finds a block.  You run your own node and can determine things like minimum transaction fees for transactions you'll accept into blocks you create.

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
Darwin84
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May 20, 2016, 07:10:31 PM
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I would chose kano.is over eligius any day. 
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May 21, 2016, 08:57:06 AM
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Try investing in an S7 if you're planning to mine.
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June 14, 2016, 09:42:35 PM
 #9

Eligius is a small pool with high variance. Nevertheless, I point a lot of my miners there because of one redeeming feature - you get paid mostly in virgin coins. Sometimes the block rewards go to a payout queue first and you end up getting paid with non-virgin coins and I don't like it when that happens.

You also don't need to register to use the pool and therefore can mine anonymously, if that feature is important to you.
If your primary motivation is virgin coins and anonymity, p2pool is your answer.  You always get virgin coins when p2pool finds a block.  You run your own node and can determine things like minimum transaction fees for transactions you'll accept into blocks you create.

Can someone explain to me whats the purpose of having virgin coins?

Im aware this based on preference, so whats the perks of having coins thats a "virgin".
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