BTC price hurts the pool a lot.
If I rent:
1)here
2)mmpool
3)jonny bravos pool
4) ck's solo pool
say .01 btc minimum so 4x = .04 that is 133 bucks
Nicehash wants .01 and sells you 50th
so phil or anyone just mine on 1 pool it is still .01 = 33 bucks
and that .01 gives me a .01/12.5 shot of hitting that is about 1250 to one.
worse yet I am betting at 1250 to 1 odds I don't collect 1250 x 33 = 41000
like I would if I bet ck's solo pool.
so the only way to play here is 5 guys put up .05 total of .25 and do a bigger rental
but but but should not they just play ck's solo pool answer is yes.
I did a lot of looking at this from view point of gameplay and teams to attack a block
and I have drawn the conclusion that at the high prices of btc 3000 plus tiny pools are bad. solo pools are good
any pool that is under 5ph can go really long for a block.
Unless we could convince nicehase to rent us .01 btc at 10 or 15th these little pools will die out.
if you could rent 15th for .01 for a day it would make this pool better to play.
I have played the four pools I mention for years. I just can not afford to play even if rental price is close to real I just can't afford to lay down 33 bucks for 8 hours
as .01 for 50th lasts 8 hours.
Math only favors ck's Solo pool not the other 3.
look at my nicehash wallet:
much of it at ck solo and mmpool
some here
some at jonny-bravo
and some on eth
most of the 106 coins in rental were under 1000
now it is over 3000
so a cold streak on a small pool is very hard to keep renting
especially since i am not sure how honest nicehash is with renting in the first place.
I reached the point that I stopped renting as I can't justify fighting the variance.