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Author Topic: What pool should i use?  (Read 2498 times)
HUSTLER
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April 13, 2013, 01:25:35 PM
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I have been using deepbit forever. Wondering if there is a better pool nowadays? What makes a good pool? Only thing I can think of is fee's.
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os2sam
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April 13, 2013, 02:25:23 PM
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I have been using deepbit forever. Wondering if there is a better pool nowadays? What makes a good pool? Only thing I can think of is fee's.

What makes a good pool?  Well that is something different for  each of us.  If you want to compare pools here is a good starting point

https://bitcointalk.org/index.php?topic=104664.msg1146108#msg1146108

I would just suggest having more than one pool and use CGMiner and set up a failover list so that you keep mining during a DDoS or other outage.
Sam

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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April 14, 2013, 01:50:41 AM
 #3

BTCguild seems to have the most people. BTCguild PPS is 5% vs deepbit 10%. Im guessing BTCguild is the place to be right now?

PPLNS or PPS? I did read the post you linked but I don't quite get it yet. Can somebody break it down for a nub? Which should I go with?

Thanks for info.
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April 14, 2013, 02:05:53 AM
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Deepbit seems to be losing people and BTCguild seems to have the most people. BTCguild PPS is 5% vs deepbit 10%. Im guessing BTCguild is the place to be right now?

I can't believe anyone would be mining PPS at Deepbit.  That just makes no sense.  Over time you would do much better using a Proportional, PPLNS or DGM payout than 5 or 10% PPS.

Also I would not mine on a pool that has 0% PPS as that will cause the pool to go out of business or the pools is doing something nefarious with the hash rate.

Again review the Mining Pools list and pick two or three you like and setup failover.

BTC Guild and Deepbit are both good and reliable pools and I'm sure some of the others are too.

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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April 14, 2013, 02:11:23 AM
 #5

I just switched to BTCguild with PPS 4-8gh minimum difficulty. When I started mining there was only PPS and proportional. Now there is PPLNS and DGM. I never had to pick a minimum difficulty either. Have no clue what that's about. I want to understand but im struggling. Don't wanna make a nub decision.
os2sam
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April 14, 2013, 02:17:11 AM
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I just switched to BTCguild. When I started mining there was only PPS and proportional. Now there is PPLNS and DGM. I want to understand but im struggling.

If you switch pools allot PPS would be better.  But if you stick with a pool for a long period of time, weeks/months/years then DGM or PPLNS would be better.  DGM and PPLNS type of payouts are an attempt to discourage Pool hopping.

It sounds like your a long term miner so I would use PPLNS at BTCGuild which will require a stratum based miner like CGMiner.  Also setup multiple pools in case BTC Guild goes down like it did recently.  Deepbit would be a good backup pool.
Sam

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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April 14, 2013, 02:21:48 AM
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I don't pool hop so I switched to PPLNS. Thanks for the tips bro.
os2sam
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April 14, 2013, 02:29:25 AM
 #8

I don't pool hop so I switched to PPLNS. Thanks for the tips bro.

Hope it pays off for you.
Take Care,
Sam

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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April 14, 2013, 02:31:35 AM
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Take Care
You too homie.   Grin
jaminunit
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April 14, 2013, 08:43:56 PM
 #10

You should use p2pool https://bitcointalk.org/index.php?topic=18313.0

because its decentralised and stops pools gaining 51% of the network.
btcminer021
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April 15, 2013, 08:02:55 PM
 #11

I just started mining with BTC Guild and Deepbit.

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digicoin
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April 17, 2013, 04:18:51 PM
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BTCguild offers lowest PPS rate compared to itzod and 50BTC. In normal circumstances, itzod would be most profitable PPS pool. Then 50BTC. Then BTCguild the least profitable pool.
digicoin
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April 17, 2013, 05:54:48 PM
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50BTC lowers PPS rate again: 1 share == 0.00000270 BTC Now it becomes least profitable PPS pool
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April 17, 2013, 05:56:30 PM
 #14

Oh wait. itzod does the same. 1 share == 0.00000278 BTC (the former: 0.00000325 BTC)

What happens?
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April 17, 2013, 06:00:31 PM
 #15

Difficulty adjustment happened.

novaco.in | EtherMine.ru (65 GH/s, DGM 0.5%) | EtherDig.Net (18GH/s, PPS 1.5%)
฿: 1QJ8RFiRKsJKmY8ZAjxfCUeBZXmjthK4Pk: 4RgnHWtnJWEyMhqhDdazW3Hdr7cx5ybF6i ETH: 0x5B475Febb3018f41d0Ac3C2f1A864bd102ab5a2E
digicoin
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April 17, 2013, 06:53:43 PM
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Difficulty adjustment happened.

Thanks. New difficulty level: 8974296   Cry
Oktoberfest
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April 17, 2013, 06:56:52 PM
 #17

And the moral of the thread is use p2pool? What about slush's?
VirtualWorld
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April 17, 2013, 09:55:13 PM
 #18

Slush's is nice, if it would work..
Last couple of days have been a little shaky for Slush.
The pool has been offline all day due to a DDoS attack, same goes for yesterday..

Feeling generous? --> 14Uz769XoD8KPG1dd9V134hFDD4qM155Hr
Sorry for my English, it's not my native language.
os2sam
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April 18, 2013, 01:31:19 AM
 #19

And the moral of the thread is use p2pool? What about slush's?

The moral of this thread should be to use the link below and other tools and research to pick several pools that suit your needs/wants the best.  Those wants and needs are different for each of us.  You should always have more than one pool in your failover list.

https://bitcointalk.org/index.php?topic=104664.msg1146108#msg1146108

And remember, there ain't nuthin free!
Sam

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
Xenotron
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April 18, 2013, 07:11:45 AM
 #20

And remember, there ain't nuthin free!
Sam
P2Pool is actually free. There is 0.5% fee to donate to developer, but you may disable it if you wish.
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