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wildboy211 (OP)
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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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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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wildboy211 (OP)
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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? |
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Gary13579
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Activity: 30
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June 21, 2011, 08:06:59 AM |
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proportional, always. pps is a ripoff.
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wildboy211 (OP)
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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. |
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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. |
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wildboy211 (OP)
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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? |
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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.
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wildboy211 (OP)
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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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pornluver
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April 16, 2017, 12:11:10 PM |
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Not really.
Prop is vulnerable to pool hoping.
I am looking for good PPS pool for various alt coins. Bitcoin is fine too. But I want variety of alt coins because many alt coins have fluctuating difficulty.
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DrYe5
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October 03, 2017, 05:00:41 PM |
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Not really.
Prop is vulnerable to pool hoping.
I am looking for good PPS pool for various alt coins. Bitcoin is fine too. But I want variety of alt coins because many alt coins have fluctuating difficulty.
Also looking for a good pool. I have been searching for time. If you have something interesting, please let me know. I also want to know. |
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