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Question: What type of pool payouts do you prefer?
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Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3859472 times)
Billbags
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September 02, 2014, 09:49:42 PM
 #18081

Hi Everyone, I just got my KNC Neptune rig, what is the best pool to mine?

Here are some good links including a multiple pool comparison over the last 8 months(3rd link down) along with some other good info.

Slushs Pool is like a roller coaster, high highs and low lows, but over a long period I make more BTC here. Other pools can pay out small amounts somewhat steady every day but the block rewards are much greater here.

http://support.bitcoin.cz/Knowledgebase/List


https://mining.bitcoin.cz/stats/


https://bitcointalk.org/index.php?topic=416933.0


https://bitcointalk.org/index.php?board=14.0


http://www.eia.gov/electricity/monthly/epm_table_grapher.cfm?t=epmt_5_6_a


https://bitcointalk.org/index.php?topic=486121


https://bitcointalk.org/index.php?topic=1976.0


http://btctrading.wordpress.com/

It now takes 2.5th to get 0.01 payout per BLOCK on slushes pool. Slushs Pool has 0-12 blocks a day, but averages 4-5blocks over time. I was running 4.5th(2.25th per rig) here to get 0.02 per BLOCK, now I've bumped it up to 5th to keep my total payout per BLOCK the same.

The other pool I mine on has pplns payout so I keep my DAILY payout at 0.02. Ive had to add about the same ratio in ghs to keep a 0.02 payout per DAY at BTCguild. It now takes 1.25th there to get the 0.02 per DAY payout. It was only taking 1.1th before.

Keeping my payouts at a certain amount by adding ghs(most of the time small, sometimes large) has worked very well for me. I also have some hosted miners, but I use a slightly different strategy with those.

Dividing your has rate between two or more pools is called varience and helps on days when our luck is down here. (Don't leave all your eggs in one basket type of thing)

Note: Pool hopping doesn't work. Everyone tries it at first only to realize that pool software is designed to make you loose profits while switching between pools. If pool hopping actually worked we would all be doing it. This is a score based pool but most are pplns and have even greater stops built in for cheating.





Listen: meat beat manifesto ~ Edge of no control (pt.1)
Read:"He who controls the past controls the future. He who controls the present controls the past." ~ George Orwell
Think: http://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
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bozo333
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September 02, 2014, 10:26:53 PM
 #18082

Hi Everyone, I just got my KNC Neptune rig, what is the best pool to mine?

The answer to that is not so simple. First of all you should find out all there is to know about the various types of pools. Your question is just like me asking total strangers if I should learn to play the saxophone or whats the best car. See what I mean? Why would/should you believe what anybody here incl. me tells you. You have to be responsible for your own actions...mining and everything else as well.

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September 02, 2014, 10:31:37 PM
 #18083


...

It now takes 2.5th to get 0.01 payout per BLOCK on slushes pool. Slushs Pool has 0-12 blocks a day, but averages 4-5blocks over time. I was running 4.5th(2.25th per rig) here to get 0.02 per BLOCK, now I've bumped it up to 5th to keep my total payout per BLOCK the same.

The other pool I mine on has pplns payout so I keep my DAILY payout at 0.02. Ive had to add about the same ratio in ghs to keep a 0.02 payout per DAY at BTCguild. It now takes 1.25th there to get the 0.02 per DAY payout. It was only taking 1.1th before. Keeping my payouts at a certain amount by adding ghs(most of the time small, sometimes large) has worked very well for me. I also have some hosted miners, but I use a slightly different strategy with those.

...

I have been following your posts and think you are one of the smarter guys around here. But let me ask you a question...how long can you play the game of adding machines (hash power) to your system to offset diff. increases? There has to be a limit to that and by constantly investing more and more into mining when will the actual, real, objective payoff come?

At the current exchange rate, if you are that bullish on BTC you are better off just buying coin and holding while saving on electric it, supplies, shipping, etc.
Billbags
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September 02, 2014, 10:48:02 PM
 #18084

^ Honestly Bozo, I'm thinking it's to the point where in the near future I'll under volt/under clock what I have now, see what the amp draw is, then add more uv/uc machines to my safe max amps(11.75a) and hope the big rise in price starts next year.

We will have to come out with something new. We had to go from cpu - gpu - fpga - asic and original network - getwork network - stratum proxy. Hopefully some of the genius thinkers/programmers/engineers around here will be able to save us. That problably won't happen until it starts hitting their pockets first.

I agree that trading, not just hoarding is a must now days to make it. Buying and selling is what makes the network anyway. I'm planning on buying next week when it goes down to $430.

Listen: meat beat manifesto ~ Edge of no control (pt.1)
Read:"He who controls the past controls the future. He who controls the present controls the past." ~ George Orwell
Think: http://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
mstrongbow
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September 03, 2014, 12:11:55 AM
 #18085

My how much slush has grown!

This spring we were pushing around 3 Ph/s and today (currently) we are at a whopping 6.8 Ph/s!!

Go slush go!

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eoakland
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★☆★Bitin.io★☆★


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September 03, 2014, 12:38:49 AM
 #18086

what about this block though ?  It's having it's quincenera !

mstrongbow
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September 03, 2014, 01:20:54 AM
 #18087

what about this block though ?  It's having it's quincenera !

Yep...difficulty just went up. It should balance out soon enough thogh I'd imagine another Ph/s or two would do wonders about now.

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coory
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September 03, 2014, 01:23:10 AM
 #18088

From reading above you, Your not the only one.
eoakland
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September 03, 2014, 01:29:08 AM
 #18089

Sweet sixteen

bobsav2121
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September 03, 2014, 01:31:15 AM
 #18090

Ok start the music let's dance   Huh
eoakland
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September 03, 2014, 01:37:48 AM
 #18091

Ok start the music let's dance   Huh

"you can dance if you want to...leave your friends behind, cause if they don't dance and if they won't dance...well they are no friends of mine"....

Aanders
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September 03, 2014, 05:18:56 AM
 #18092

I undeestand that this pool is the long therm kind... But When my 2 x s1 (2x200gh) makes 0.002 on ghash over Night and my other 2 x s3 (2 x 450 gh) makes an "Estimated reward for current round" on 0.0024 i start thinking... Now i put 2x s1 more op at ghash so the ghash is the same on both .. And then i Can reelle see if this is the Right plase .. But as i understand it the pay out will go up sometime in here
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September 03, 2014, 06:56:02 AM
 #18093

My how much slush has grown!

This spring we were pushing around 3 Ph/s and today (currently) we are at a whopping 6.8 Ph/s!!

Go slush go!

And the network hashrate has gone up more than 4x since mid-spring from 50PHs to over 200PHs. If the pool was keeping up the pace they'd be over 12PHs.
bobsav2121
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September 03, 2014, 04:11:43 PM
 #18094

Ok start the music let's dance   Huh

"you can dance if you want to...leave your friends behind, cause if they don't dance and if they won't dance...well they are no friends of mine"....

 Grin Grin Grin Grin Grin Cool
jterry211
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September 03, 2014, 08:10:42 PM
 #18095

Let it rain... Grin

JT
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September 03, 2014, 09:01:01 PM
 #18096

Now isn't this more fun than a xxx payout everyday at the same time basically at same ole amount?  Smiley

BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
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September 03, 2014, 09:59:14 PM
 #18097

It would seem that Bitmain has gotten into the Litecoin mining business.  $599 120mh Scrypt miner Antminer L1 380 watts.  Now that's some power.

https://bitmaintech.com/productDetail.htm?pid=00020140830074550960Um75pnzg06E3
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September 03, 2014, 10:29:49 PM
 #18098

It would seem that Bitmain has gotten into the Litecoin mining business.  $599 120mh Scrypt miner Antminer L1 380 watts.  Now that's some power.

https://bitmaintech.com/productDetail.htm?pid=00020140830074550960Um75pnzg06E3

More like WILL be getting into the scrypt mining...not shipping until December IF they can get it right the first time.

    Bitcoin-Scratchticket.com       Win Bitcoin Playing Scratchtickets        Provably Fair   
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"Don't undertake a project unless it is manifestly important and nearly impossible" - Edwin Land
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September 03, 2014, 10:35:16 PM
 #18099

It would seem that Bitmain has gotten into the Litecoin mining business.  $599 120mh Scrypt miner Antminer L1 380 watts.  Now that's some power.

https://bitmaintech.com/productDetail.htm?pid=00020140830074550960Um75pnzg06E3

More like WILL be getting into the scrypt mining...not shipping until December IF they can get it right the first time.

True someone will probably come out with something better before then too...

JT
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September 03, 2014, 11:16:15 PM
 #18100

It would seem that Bitmain has gotten into the Litecoin mining business.  $599 120mh Scrypt miner Antminer L1 380 watts.  Now that's some power.

https://bitmaintech.com/productDetail.htm?pid=00020140830074550960Um75pnzg06E3

More like WILL be getting into the scrypt mining...not shipping until December IF they can get it right the first time.

Yeah remember the first S3 announcement  and specs  Huh
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