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Author Topic: PPS vs Prop.  (Read 1747 times)
wildboy211
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June 21, 2011, 07:17:20 AM
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I have been experimenting with a few different pools and most are prop with a few that are PPS. What are the advantages/disadvantages to both of them. Is one better for slower mhash/s? Is one better for CPU-only mining?
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SomeoneWeird
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June 21, 2011, 07:35:30 AM
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PPS for low mh/s.
wildboy211
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June 21, 2011, 08:01:32 AM
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PPS for low mh/s.

Why PPS for low mh/s?
Gary13579
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June 21, 2011, 08:06:59 AM
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proportional, always. pps is a ripoff.
wildboy211
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June 21, 2011, 08:08:54 AM
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proportional, always. pps is a ripoff.

Could you explain why? Im trying to get a grasp on how each of there work.
Gary13579
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June 21, 2011, 08:14:13 AM
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proportional, always. pps is a ripoff.

Could you explain why? Im trying to get a grasp on how each of there work.

PPS is designed to make the owner of deepbit money. How he makes money is by giving you less money. He feeds you some nice ideas about how PPS is more "stable" and "safe" than prop, but if that were true, he'd be LOSING money.

prop payout is 48.5 BTC * (your shares for that round / total shares for that round)
PPS payout is 0.00005129803015564. Which is going to be like 45 BTC * (your shares for that round / total shares for that round).

as I said previously, it's basically a scam.
wildboy211
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June 21, 2011, 08:25:29 AM
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proportional, always. pps is a ripoff.

Could you explain why? Im trying to get a grasp on how each of there work.

PPS is designed to make the owner of deepbit money. How he makes money is by giving you less money. He feeds you some nice ideas about how PPS is more "stable" and "safe" than prop, but if that were true, he'd be LOSING money.

prop payout is 48.5 BTC * (your shares for that round / total shares for that round)
PPS payout is 0.00005129803015564. Which is going to be like 45 BTC * (your shares for that round / total shares for that round).

as I said previously, it's basically a scam.

I see, so they try to give you the "illusion" that PPS is "safer" than prop because you get paid for every single share?
Gary13579
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June 21, 2011, 08:27:52 AM
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You always get paid for every share, but with PPS it's static, where as prop is semi-random. The key thing to remember here is: the semi-random proportional is going to be HIGHER than PPS when you average it across several blocks. It *has* to be, or Tycho is losing money, and he's not an idiot.

Just stick to prop.
wildboy211
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June 21, 2011, 08:29:30 AM
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You always get paid for every share, but with PPS it's static, where as prop is semi-random. The key thing to remember here is: the semi-random proportional is going to be HIGHER than PPS when you average it across several blocks. It *has* to be, or Tycho is losing money, and he's not an idiot.

Just stick to prop.

Oh, after reading this and reading further on deepbits page, prop always seem to be the way to go.  Thanks!
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