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Author Topic: How to Choose a Pool  (Read 3531 times)
Didley1JT
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September 04, 2017, 12:34:00 AM
 #1

So once I am actually able to get my equipment set up, I should have 21.9 TH going 24/7.

I've seen several sites up that you can use, but the fees seem high (~30ish percent). I know there are several pools promoted here, but there's a little too much jargon for me to right now to determine which I want to use.

Obviously, I want to use a pool that performs and produces regularly and consistently. I also want a pool that isn't somehow nickel & diming me or skimming off the top.

I'd appreciate your suggestions, tips, and tricks.
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kano
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September 04, 2017, 12:42:01 AM
 #2

So once I am actually able to get my equipment set up, I should have 21.9 TH going 24/7.

I've seen several sites up that you can use, but the fees seem high (~30ish percent). I know there are several pools promoted here, but there's a little too much jargon for me to right now to determine which I want to use.

Obviously, I want to use a pool that performs and produces regularly and consistently. I also want a pool that isn't somehow nickel & diming me or skimming off the top.

I'd appreciate your suggestions, tips, and tricks.
Simple - find a pool that's been around for quite a while ... and that finds blocks regularly ... and charges low fees Smiley

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!
ikhwan88
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September 04, 2017, 04:35:58 PM
 #3

So once I am actually able to get my equipment set up, I should have 21.9 TH going 24/7.

I've seen several sites up that you can use, but the fees seem high (~30ish percent). I know there are several pools promoted here, but there's a little too much jargon for me to right now to determine which I want to use.

Obviously, I want to use a pool that performs and produces regularly and consistently. I also want a pool that isn't somehow nickel & diming me or skimming off the top.

I'd appreciate your suggestions, tips, and tricks.


try hashflare, see my signature referral to hashflare....  :-)

hashflare.io and pool.bitcoin.com
NotFuzzyWarm
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September 05, 2017, 12:53:24 PM
 #4

Long long time user of Kano.is
Is the best of them all in my book and yes it is all about the fees, Kano charges 0.9% but more to the point distributes all Tx fees to us miners vs many pools that keep them.

-Joshua Zipkin aka Joshua Alexander leaked AMT A1 miner skype chats http://bit.ly/1Qjt6lj
-For bitcoin to succeed the community must police itself.
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
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September 05, 2017, 03:22:36 PM
 #5

Long long time user of Kano.is
Is the best of them all in my book and yes it is all about the fees, Kano charges 0.9% but more to the point distributes all Tx fees to us miners vs many pools that keep them.

+1 for Kano
wmabern
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September 05, 2017, 03:34:35 PM
 #6

Long long time user of Kano.is
Is the best of them all in my book and yes it is all about the fees, Kano charges 0.9% but more to the point distributes all Tx fees to us miners vs many pools that keep them.

+1 for Kano

+2 for Kano!  Cool Cool Cool Cool Cool Cool Cool

BITMIXER.IO Gone Baby, Gone.. ;-)
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hilarypolar
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September 05, 2017, 04:35:38 PM
 #7

is it worth it to join a pool??  Huh

wmabern
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September 05, 2017, 04:38:42 PM
 #8

is it worth it to join a pool??  Huh

You have two options:
1) Join a pool
2) Mine solo

Unless you feel like you're going to hit the lottery, joining a pool is the way to go, IMHO.

BITMIXER.IO Gone Baby, Gone.. ;-)
Not any good sig campaigns out there that I want!
w5pn73
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September 05, 2017, 04:51:49 PM
 #9

Without a pool you are likely to get nowhere.
Unless you have a lot of hash.


+3 kano  Grin

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tinywestler
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September 10, 2017, 02:06:41 PM
 #10

Without a pool you are likely to get nowhere.
Unless you have a lot of hash.


+3 kano  Grin

can you explain

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os2sam
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September 10, 2017, 07:44:19 PM
 #11

Without a pool you are likely to get nowhere.
Unless you have a lot of hash.


+3 kano  Grin

can you explain

What's to explain?

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
miguelmorales85
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September 28, 2017, 11:46:25 AM
 #12

There is a guide in this URL to choose the pool that best suits your interest and you business model

https://en.bitcoin.it/wiki/Comparison_of_mining_pools

The only downside I see its that It might not be updated to the day Sad

I dont know if someone has another table better than that one I mentioned.

If you let me recommend one, I love Kano pool, they have the best luck and they distribute the earnings in a fairly way.
viktorbesov
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September 30, 2017, 09:57:39 AM
 #13

Im a newguy in mining too.
ok. If I choose Kano..I just need to install some miner and tune it uu for (Kano)Pool ?

kano
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September 30, 2017, 10:15:01 AM
 #14

Im a newguy in mining too.
ok. If I choose Kano..I just need to install some miner and tune it uu for (Kano)Pool ?
W'ere talking Bitcoin here - this part of the forum is ONLY Bitcoin.

So you need to buy a recent ASIC miner.

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!
trinitrate
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October 01, 2017, 05:28:07 PM
 #15

Without a pool you are likely to get nowhere.
Unless you have a lot of hash.


+3 kano  Grin

can you explain

basics of mining. 

As a solo miner youre buying lottery tickets with your hashing power and hoping one of them is the big winner (12.5BTC).    They sell millions of tickets each day and you can afford a couple dozen.   Result = odds are too high and you never hit the big prize and lose all the money invested.

As a pool miner, same scenario but you and a few thousand other people all buy a few dozen tickets each day with the promise to split all the winnings that everyone makes.   Results = 'someone' in the pool wins on a regular basis, splitting the groups winnings.   You never hit 'big' but always get a steady payout of a few bucks each day.

Which route you take is up to you.
 
fabioganga
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October 16, 2017, 01:01:38 PM
 #16

if you choose to use a pool as opposed to solo mining, remember that you help the network (of whatever coin) if you join and strengthen smaller pools rather than join the biggest.

ehrz22
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October 17, 2017, 09:12:42 AM
 #17

Without a pool you are likely to get nowhere.
Unless you have a lot of hash.


+3 kano  Grin

can you explain

basics of mining. 

As a solo miner youre buying lottery tickets with your hashing power and hoping one of them is the big winner (12.5BTC).    They sell millions of tickets each day and you can afford a couple dozen.   Result = odds are too high and you never hit the big prize and lose all the money invested.

As a pool miner, same scenario but you and a few thousand other people all buy a few dozen tickets each day with the promise to split all the winnings that everyone makes.   Results = 'someone' in the pool wins on a regular basis, splitting the groups winnings.   You never hit 'big' but always get a steady payout of a few bucks each day.

Which route you take is up to you.
 

Hi. Does joining a pool needs high end equipments/devices? I'm a newbie in this field but I really want to know more about joining a pool. Im reading some threads to learn more. I'm online in the office 8 hrs. a day, the electricity is free, I have my own computer there so Im just wondering if I can join a pool even if my PC's specs is basic only. Smiley

kano
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October 17, 2017, 09:19:40 AM
 #18

...
Hi. Does joining a pool needs high end equipments/devices? I'm a newbie in this field but I really want to know more about joining a pool. Im reading some threads to learn more. I'm online in the office 8 hrs. a day, the electricity is free, I have my own computer there so Im just wondering if I can join a pool even if my PC's specs is basic only. Smiley
This section of the forum is for Bitcoin mining only.
Bitcoin mining requires buying an ASIC miner, not using your computer CPU or GPU.

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!
trickyriky
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October 25, 2017, 02:35:48 PM
 #19

Actually I've tried plenty of mining pools but most of them was a scam.

I remember this excitement when the timer for mining is almost over and there it is- your 0.05 BTC! But then you wanna collect it and see the window "you have to send this much money from your BTC wallet to receive your earning". To be honest I wouldn't not risk to really do that because I'm more than sure that after I send my money to them they just gonna block me or do some other stuff to limit my access to this website.

I would rather recommend you to use software - at least BTC u earn will be really yours without any "donation" to scammers.


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miguelmorales85
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October 26, 2017, 02:18:56 PM
 #20

I recommend Kano.is , at this moment is the pool with the best luck. Take a look to the thread in the forum , you may see a little of bad luck lately but after the last upgrade things seems to be good.

Some charts about the pool here. https://ckpoolmonitor.zachmonroe.com

Beware of scammer who send you links to join the pool and they are just sending you to a phishing website.

good luck
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