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Question: What type of pool payouts do you prefer?
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Author Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool  (Read 4328533 times)
kano
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January 15, 2015, 10:56:54 PM
 #20341

2. PPLNS, Proportional, etc etc... (Ghash.io, Eligius, Kano, Slush, BTC Guild, etc...)

This payment model essentially waits for a block to be mined... then uses some algorithm to distribute the proceeds based on a miner's contribution to the pool. It sounds fine at first however there are some main issues that are unacceptable. This payment model allows the pool to be dishonest. There's nothing stopping a pool from doing a few things.
 1) A pool can choose to not report a block mined to the members of the pool. Essentially it'd allow the pool to keep the 25 bitcoins.
  2) A pool can 'make up' miners and say they did 'x' amount of work or manipulate stats of either their own miners to give itself a bigger share of the 25 btc.
  3) You have to 'trust' that the pool operator(s) are being honest about the statistics.


Simply put, I do not trust the pool operators.
Except that as I have stated about 1) elsewhere before, stealing the blocks is not likely to succeed, most likely to fail and the OP gets caught and you send the police around to charge them with grand larceny.

The cgminer API and log and stats all show when you find a block.
Who doesn't notice when they find a block?!?

So how is a pool going to steal that block without being caught out?
Well they have no guarantee that they wont be caught ... so 1) is not really an option for a well standing pool.

3) is a repeat of 2) so no point responding to it.

2) is of course a possibility but again, either the pool would have to be stealing a very small %, or the LONG TERM stats would show the pool as being untrustworthy.

However, to respond to your last comment, if you do not trust pool operators, then don't mine on pools.
Mine solo. Simple solution.

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
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January 15, 2015, 11:21:53 PM
 #20342

I only trust Chinese pools like Antpool, F2Pool, BTCChina,  Very consistent in finding blocks on daily basis. 

Beside,  even if they scam for 2-3 blocks per day,  small miners like me won't get hurt.

On smaller pools,  if the pool operator takes 1-2 blocks per day... it's a big chunk gone and will hurt small miners big time.


Beside that I see more and more blocks with IP addresses on blockchain than the pool name attached to it.


F2Pool    129
AntPool    74
GHash.IO    54
BTCChina Pool    39
BTC Guild    35
KnCMiner    28
Eligius    21
Unknown with 1AcAj9p Address    19
Slush    10
Megabigpower    5
BitMinter    5
P2Pool    4
Bitcoin Affiliate Network    4
MegaBigPower    3
Unknown with 1BwZeHJ Address    2
mmpool    1

Unknown Blocks.
Relayed By    count
212.126.14.122    20
69.157.250.149    15
108.61.166.183    10
88.198.6.235    7
192.237.217.160    7
100.38.32.91    7
98.167.17.122    4
85.195.114.243    4
66.194.38.253    4
211.149.223.99    4
211.149.217.191    4
94.242.222.215    3
85.17.4.212    3
178.79.179.49    3
78.110.175.69    2
54.69.104.67    2
37.34.58.203    2
104.200.24.180    2
89.212.15.202    1
83.150.9.196    1
83.149.248.80    1
81.181.155.180    1
74.87.146.62    1
66.175.218.237    1
62.210.90.95    1
50.188.192.133    1
50.116.59.118    1
5.9.156.134    1
5.9.123.81    1
46.28.204.193    1
216.49.158.161    1
192.187.98.90    1
192.146.137.1    1
192.121.166.20    1
192.0.130.142    1
178.79.131.32    1
173.254.235.34    1
148.251.83.196    1
148.251.1.119    1
142.4.212.168    1
135.23.200.5    1
108.16.2.175    1
104.236.22.62    1
104.130.124.44    1
kano
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January 15, 2015, 11:27:26 PM
 #20343

I only trust Chinese pools like Antpool, F2Pool, BTCChina,  Very consistent in finding blocks on daily basis. 
...
And there you have clearly pointed out your complete lack of understanding of the statistics of bitcoin mining.

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Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
pikachuy
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January 15, 2015, 11:36:52 PM
 #20344

I only trust Chinese pools like Antpool, F2Pool, BTCChina,  Very consistent in finding blocks on daily basis. 
...
And there you have clearly pointed out your complete lack of understanding of the statistics of bitcoin mining.

Its ok kano, don't feed the troll. Sometimes it's not worth teaching a homeless man to fish. Let them learn to fish on their own or until they are willing to learn. Until then, you'll be talking to a brick wall until their mind is opened.

█ BTC: 32aWPuC6oLREi1LWWrEinnzGaV4w28Pzwb
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January 15, 2015, 11:39:49 PM
 #20345

That's why BTC China,  Only twice the size of Slush,  finds 10+ blocks everyday!

Which proves my theory...  1 block per 2 Pentahash Per day!  

F2Pool 67 Pentahash = Should be 33 Blocks per day
Slush 10 Pentahash = Should be 5 Blocks Average per day
BTCChina 23 Pentahash = 10 Blocks Average per day
Antpool  42 Pentahash = 20 Blocks average per day
Bitcoin Aff Network = 2-3 Pentahash = 1 - 2 Block per day average
Bitminter = 1.8 Pentahash  = 1 Block per day
Ghash I.O  40 Pentahash = 20 Blocks per day average

Kano - I don't see your pool name on blockchain... What's up with that? Smiley
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January 15, 2015, 11:45:42 PM
 #20346

That's why BTC China,  Only twice the size of Slush,  finds 10+ blocks everyday!

Which proves my theory...  1 block per 2 Pentahash Per day!  

F2Pool 67 Pentahash = Should be 33 Blocks per day
Slush 10 Pentahash = Should be 5 Blocks Average per day
BTCChina 23 Pentahash = 10 Blocks Average per day
Antpool  42 Pentahash = 20 Blocks average per day
Bitcoin Aff Network = 2-3 Pentahash = 1 - 2 Block per day average
Bitminter = 1.8 Pentahash  = 1 Block per day
Ghash I.O  40 Pentahash = 20 Blocks per day average

Kano - I don't see your pool name on blockchain... What's up with that? Smiley

Would 2 Pentahash be 10 hashes?
kano
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January 16, 2015, 01:10:41 AM
 #20347

Quote
Kano - I don't see your pool name on blockchain... What's up with that? Smiley

https://github.com/blockchain/Blockchain-Known-Pools/issues/20

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
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kkurtmann
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January 16, 2015, 01:20:26 AM
 #20348

That's why BTC China,  Only twice the size of Slush,  finds 10+ blocks everyday!

Which proves my theory...  1 block per 2 Pentahash Per day!  

F2Pool 67 Pentahash = Should be 33 Blocks per day
Slush 10 Pentahash = Should be 5 Blocks Average per day
BTCChina 23 Pentahash = 10 Blocks Average per day
Antpool  42 Pentahash = 20 Blocks average per day
Bitcoin Aff Network = 2-3 Pentahash = 1 - 2 Block per day average
Bitminter = 1.8 Pentahash  = 1 Block per day
Ghash I.O  40 Pentahash = 20 Blocks per day average

Kano - I don't see your pool name on blockchain... What's up with that? Smiley

Would 2 Pentahash be 10 hashes?

Indeed it would

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
kkurtmann
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January 16, 2015, 02:42:21 AM
 #20349

When I started mining, it was all kilohash and megahash. I was too late for the centahash and pentahash days.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
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January 16, 2015, 04:07:21 AM
 #20350

thankyou, That answers the question Smiley


very strange, the chinese pool was able to change it's name from "Discus Fish" to "F2 Pool".

Maybe chinese have more connections to blockchain, lol Smiley
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January 16, 2015, 05:07:54 AM
 #20351

thankyou, That answers the question Smiley


very strange, the chinese pool was able to change it's name from "Discus Fish" to "F2 Pool".

Maybe chinese have more connections to blockchain, lol Smiley

Ok. Now you're just being silly.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
organofcorti
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January 16, 2015, 11:28:15 AM
 #20352


very strange, the chinese pool was able to change it's name from "Discus Fish" to "F2 Pool".



F2 Pool was never called "Discus Fish" by the owners. That was just a nickname I gave it from the coinbase signature of their blocks, and the nickname has stuck in the English-speaking world. The real name is "F2 Pool".


Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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January 16, 2015, 12:38:40 PM
 #20353

F2 Pool is bitcoin cancer. Anyone who uses it and isn't in china is a fool. It is one of the slowest paying pools you can mine if you're running less than 20thash. There are much more effective pools to mine. If you are mining F2 Pool, pull out and put your power into Bitcoin affiliate. For PPS they do extremely well. BA and Slush are the only pools I mine for BTC. Don't support those china pools aka the btc dumpers.

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January 16, 2015, 04:43:40 PM
 #20354

where has all the hashrate gone?

Judith Durham wrote a song about that in the 70's

BTc donations welcome:-  13c2KuzWCaWFTXF171Zn1HrKhMYARPKv97
Moria843
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January 17, 2015, 02:32:41 AM
 #20355

Everybody's bailing to Eligius.
Approximately same hash rate:
Eligius: 17 blocks found from 14 Jan to present; Slush 6 blocks found over same period.
The Saint of miners, St. Elegius is working his magic.

Hot time, summer in the city, back of my mine getting hot & gritty!!!
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January 17, 2015, 02:38:55 AM
 #20356

Everybody's bailing to Eligius.
Approximately same hash rate:
Eligius: 17 blocks found from 14 Jan to present; Slush 6 blocks found over same period.
The Saint of miners, St. Elegius is working his magic.


If you are a non US citizen you get F****d.
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January 17, 2015, 03:50:07 AM
 #20357

where has all the hashrate gone?

Judith Durham wrote a song about that in the 70's

I thought it was 'Peter, Paul and Mary" and in the 1960s.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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January 17, 2015, 09:55:15 AM
 #20358

Morning,

Just a little question. Im not getting a best share value on my S2, but I am on both of my S3+.
Is this a problem? And if so, how do I rectify?

Many thanks as always.

Mick
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January 18, 2015, 12:42:52 AM
 #20359

I have mined nonstop here since December,2013. This is just ridiculous. I think Slush lost his mojo. Later  trying GHash.IO, can't be any worse than this bullshit

"TEU - bitcoin for shipping ICO: 15/Mar - 12/Apr"
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January 18, 2015, 03:27:43 AM
 #20360

I am mining in Antpool

Payouts are consistant and very good.
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