Bitcoin Forum
May 13, 2024, 11:19:43 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Other > Beginners & Help > Smart to split between two pools?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Smart to split between two pools?  (Read 969 times)
FirewallXIII (OP)
Newbie
*
Offline Offline

Activity: 53
Merit: 0


View Profile
June 30, 2011, 02:39:11 AM
 #1
Hey I just started getting into Bitcoin mining. Currently I have a GTX 470 (pretty bad I know, looking to get an ATI card once I have money) and am getting around ~100-110 Mhash/s. In addition I have my laptop CPU running (ATI 3650M in that, no miners for that?), ~6Mhash/s. I just have two questions:
1. Should I split the GPU load between two pools? (I think it'd be Mt. Red / BTC Guild and Deepbit, pay per share)
2. Is pay-per-share worth it? (Are there any other pools besides Deepbit?)

Thanks in advance.
1715642383
Hero Member
*
Offline Offline

Posts: 1715642383

View Profile Personal Message (Offline)

Ignore
1715642383
1715642383
Reply with quote  #2
1715642383
Report to moderator
1715642383
Hero Member
*
Offline Offline

Posts: 1715642383

View Profile Personal Message (Offline)

Ignore
1715642383
1715642383
Reply with quote  #2
1715642383
Report to moderator
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715642383
Hero Member
*
Offline Offline

Posts: 1715642383

View Profile Personal Message (Offline)

Ignore
1715642383
1715642383
Reply with quote  #2
1715642383
Report to moderator
1715642383
Hero Member
*
Offline Offline

Posts: 1715642383

View Profile Personal Message (Offline)

Ignore
1715642383
1715642383
Reply with quote  #2
1715642383
Report to moderator
1715642383
Hero Member
*
Offline Offline

Posts: 1715642383

View Profile Personal Message (Offline)

Ignore
1715642383
1715642383
Reply with quote  #2
1715642383
Report to moderator
Bloodys
Newbie
*
Offline Offline

Activity: 32
Merit: 0


View Profile
June 30, 2011, 05:07:41 PM
 #2
Why split it, if you worry about a pool going down you can just setup a backup server, so if one pool is down the miner will automatically switch to the backup pool and you will not loose anything. Try the latest poclbm, besides the performance improvement it also comes with a backup pool server option.

As for PPS, it depends on the current pool luck, if the pool is lucky (average blocks below difficulty) then Proportional is better, if the block size goes higher than the difficulty for a while you may be better with PPS. In general with big pools such as deepbit there is no need to go for PPS as their average long time luck is usually about the difficulty level, and blocks are being calculated quite fast, so not much need to risk it with PPS and the higher fee and constantly monitor if at the moment it is better to go for PPS or Proportional, so better stick with Prop.
infested999
Hero Member
*****
Offline Offline

Activity: 854
Merit: 500



View Profile
June 30, 2011, 05:43:14 PM
 #3
BTW at 6 MHash/s your probably just wasting power, there is no way that is going to earn you much.
              ▄███▄   ▄███▄
              █████   █████
      ▄███▄    ▀▀▀     ▀▀▀    ▄███▄
      █████     ▄██▄ ▄██▄     █████
       ▀▀▀ ▄██▄ ▀██▀ ▀██▀ ▄██▄ ▀▀▀
 ▄███▄     ▀██▀           ▀██▀     ▄███▄
 █████ ▄██▄                   ▄██▄ █████
  ▀▀▀  ▀██▀                   ▀██▀  ▀▀▀
                       ▄█
▄███▄ ▄██▄            ███ ███  ▄██▄ ▄███▄
█████ ▀██▀  ████      █████    ▀██▀ █████
 ▀▀▀         ▀███▄    ████           ▀▀▀
       ▄██▄    ████   ███     ▄██▄
 ▄███▄ ▀██▀     ▀███  ███     ▀██▀ ▄███▄
 █████            ███▄██           █████
  ▀▀▀              ▀████            ▀▀▀
                     ███
                     ███
                     ██
                   ███
████    ██
  ████    ██
    ████    ██
      ████    ██
        ████    ██
          ████    ██
          ████    ██
        ████    ██
      ████    ██
    ████    ██
  ████    ██
████    ██


█
█
█
█
█
█
█
█		》White Paper
》Yellow Paper
》Pitch Deck		》Telegram
》LinkedIn
》Twitter
FirewallXIII (OP)
Newbie
*
Offline Offline

Activity: 53
Merit: 0


View Profile
June 30, 2011, 09:16:56 PM
 #4
Hmm, didn't know about the backup server option, thanks for the information.

Quote from: infested999 on June 30, 2011, 05:43:14 PM
BTW at 6 MHash/s your probably just wasting power, there is no way that is going to earn you much.

Yeah, I figured as much, although on campus living = no utilities charge for extra electricity  Grin
zybron
Member
**
Offline Offline

Activity: 66
Merit: 10



View Profile
June 30, 2011, 10:00:08 PM
 #5
Quote from: FirewallXIII on June 30, 2011, 09:16:56 PM
Yeah, I figured as much, although on campus living = no utilities charge for extra electricity  Grin

Wonder how much the power would have to spike before they would notice? -Mining cluster with no electricity cost.  Wink
NTXCoin - 20%Free+75%IPO Next Exchange System address:9886499196804332729
Pages: [1]
  Print  
Bitcoin Forum > Other > Beginners & Help > Smart to split between two pools?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!