DeepBit Pay per Share or Proportional?

[themrhk]

hey guys,

i am mining with 300 Mhash/s and i was wondering what you think would be the best payment mode for me, especially after the difficulty increase what do you think is more profitable with a relatively low hashrate like mine now?

thanks!

[1714028779]

1714028779

[1714028779]

1714028779

[1714028779]

1714028779

[1714028779]

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[twmz]

Pay per share has a 10% fee and isn't affected by luck.
Proportional has a 3% fee and is affected by luck.

The only way Pay per share will be more profitable for anyone is if the pool is unlucky for a sustained period of time.  It could happen, but we can't predict it any more than you can.

[Sukrim]

On most other pools you'll get 3-10% more on average, so my vote would be for neither...

[MiningMonitor]

PPS is consistant, and often in the short term pays higher.

Prop is variable, but in the longer term pays better.

If you have linux/mac you can see what the short term looks like by cutting and pasting the right column of your account screen into a text file.

http://staticcdn.miningmonitor.com/deepbitright.png

And then running the following Perl snippet at the command line

Code:

perl -e 'foreach(<>) { next if $_ !~ /\//; next if $_ =~ /s/;chomp $_; ($shares,$round) = split(/ \/ /,$_); $t += $shares; $r += $round; $a++;print "$shares - $round - $a $t $r\n";}  print "PPS: " . $t * 0.00003262705594458 . "\n"; print "Prop: " . $t / $r * (50*$a*.97);print "\n$a"' < THEFILEYOUPASTEDINTO

( yes, this is dirty... you could golf it into a much smaller string )

You get a result like:

652 - 1777330 - 1 652 1777330
237 - 668290 - 2 889 2445620
1938 - 5175963 - 3 2827 7621583
1395 - 3762791 - 4 4222 11384374
734 - 1905344 - 5 4956 13289718
402 - 1098795 - 6 5358 14388513
204 - 496501 - 7 5562 14885014
PPS: 0.181471685163754
Prop: 0.126859067784552
7

As you can see, over the last 7 blocks, it would have paid .06 more to be PPS for me.

But over the long term, Prop starts to take the lead.

[MiningMonitor]

That snippet has the current PPS price of 0.00003262705594458 , if the difficulty goes up you'll have to change the PPS price.