Help me pick a pool

[WEB slicer]

DGM eclipse, OZcoin, pitparking, or maxbtc?

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[mdbssm]

DGM eclipse, OZcoin, pitparking, or maxbtc?

What about Eligius? Claims to be 0% fee and with 'shelved' shares approached zero fee PPS.

[notme]

Interesting, thanks for the tip. This is why i ask questions. Do you know why P2pool doesnt work well with avalons?

P2Pool mines against your local Bitcoind and that doesn't supply work to an Avalon fast enough.  My local Bitcoin-QT client doesn't even supply work to a Block Erupter fast enough.

You need faster disks.  I'm running 61 USB block erupters (equivalent chips to 2 BE blades) on p2pool with getblocktemplate latencies below 0.1 seconds and an overall efficiency of 111% (I earn 11% more because my node is faster than other nodes).

[WEB slicer]

What about Eligius? Claims to be 0% fee and with 'shelved' shares approached zero fee PPS.

I hear people dont like PPS no more.

You need faster disks.  

What are disks?

[notme]

What about Eligius? Claims to be 0% fee and with 'shelved' shares approached zero fee PPS.

I hear people dont like PPS no more.

You need faster disks.  

What are disks?

Hard drives.  To run a p2pool node (or any bitcoind based mining setup), you need either a SSD drive or a RAID array if you want to stick with spinning disks.

Check out this guide if you are interested in a positive p2pool experience: https://bitcointalk.org/index.php?topic=153232.0

[mdbssm]

What about Eligius? Claims to be 0% fee and with 'shelved' shares approached zero fee PPS.

I hear people dont like PPS no more.

?? 50BTC is 3rd largest pool, 3% PPS.

[os2sam]

Interesting, thanks for the tip. This is why i ask questions. Do you know why P2pool doesnt work well with avalons?

P2Pool mines against your local Bitcoind and that doesn't supply work to an Avalon fast enough.  My local Bitcoin-QT client doesn't even supply work to a Block Erupter fast enough.

You need faster disks.  I'm running 61 USB block erupters (equivalent chips to 2 BE blades) on p2pool with getblocktemplate latencies below 0.1 seconds and an overall efficiency of 111% (I earn 11% more because my node is faster than other nodes).

How fast of a disk do I need?  I have a 1TB SATA drive.

I think you put your finger on it for me though, your using GBT and I'm using getwork to my client so that probably makes a huge difference.
Sam

[os2sam]

What about Eligius? Claims to be 0% fee and with 'shelved' shares approached zero fee PPS.

I hear people dont like PPS no more.

?? 50BTC is 3rd largest pool, 3% PPS.

I'm a people and I don't like PPS anymore because of the negative impact on pools.  Pools can go into the negative very fast and go bankrupt very easy if they aren't careful.

But I'm most likely in the minority since many other "people" could care less if their pool goes bankrupt.
Sam

[notme]

Interesting, thanks for the tip. This is why i ask questions. Do you know why P2pool doesnt work well with avalons?

P2Pool mines against your local Bitcoind and that doesn't supply work to an Avalon fast enough.  My local Bitcoin-QT client doesn't even supply work to a Block Erupter fast enough.

You need faster disks.  I'm running 61 USB block erupters (equivalent chips to 2 BE blades) on p2pool with getblocktemplate latencies below 0.1 seconds and an overall efficiency of 111% (I earn 11% more because my node is faster than other nodes).

How fast of a disk do I need?  I have a 1TB SATA drive.

I think you put your finger on it for me though, your using GBT and I'm using getwork to my client so that probably makes a huge difference.
Sam

So you're not using p2pool, yet running around making claims it won't work?

The guide I linked above recommends SSD drives.  Personally, I'm using a RAID 10 array of 7200 RPM disks.  The size of the disk doesn't have much to do with it's speed.  What matters for this application is the RPMs since you need very fast seek times (which is why SSDs work well, they never have seek delays).

[os2sam]

Interesting, thanks for the tip. This is why i ask questions. Do you know why P2pool doesnt work well with avalons?

P2Pool mines against your local Bitcoind and that doesn't supply work to an Avalon fast enough.  My local Bitcoin-QT client doesn't even supply work to a Block Erupter fast enough.

You need faster disks.  I'm running 61 USB block erupters (equivalent chips to 2 BE blades) on p2pool with getblocktemplate latencies below 0.1 seconds and an overall efficiency of 111% (I earn 11% more because my node is faster than other nodes).

How fast of a disk do I need?  I have a 1TB SATA drive.

I think you put your finger on it for me though, your using GBT and I'm using getwork to my client so that probably makes a huge difference.
Sam

So you're not using p2pool, yet running around making claims it won't work?

In never said, nor meant to imply it wouldn't work.  Just not well.  But basically yes I'm making an uninformed claim.

The guide I linked above recommends SSD drives.  Personally, I'm using a RAID 10 array of 7200 RPM disks.  The size of the disk doesn't have much to do with it's speed.  What matters for this application is the RPMs since you need very fast seek times (which is why SSDs work well, they never have seek delays).

Mine is a 7200 RPM disk, but just a single drive.  I'm sure the protocol makes a huge difference in performance.
SAm

[WEB slicer]

So does HD speed with PSpool matter or not? Why would it? Avalon is not connected to my desktop its using wifi.

Im using samsung pro SSD in raid 0.

[notme]

So does HD speed with PSpool matter or not? Why would it? Avalon is not connected to my desktop its using wifi.

Im using samsung pro SSD in raid 0.

SSDs in raid 0 would work fantastically, but I hope you know that with RAID 0 if any of the drives go down, you lose all your data.

HD speed does matter because with p2pool you have to actually run a complete bitcoin node and that node has to create the work for your miner.

[WEB slicer]

I understand how raid works. I clone my OS and backup my data on a extra drive.

So my avalon would be more efficient if i stopped using wifi and plugged them in to my desktop with ethernet? Not quite understanding this.

[notme]

I understand how raid works. I clone my OS and backup my data on a extra drive.

So my avalon would be more efficient if i stopped using wifi and plugged them in to my desktop with ethernet? Not quite understanding this.

Network shouldn't make that much of a difference.

Please read the guide I linked above.  It explains what you need to know about how p2pool works.  And I'm sorry I offended you by warning you about raid 0.  I'm glad you have good backup policies.  You'd be surprised how many people do things to improve performance without understanding the tradeoffs.

[WEB slicer]

Offended me? Not at all.   

I appreciate all the information shared with me.

[not.you]

If you are mining on non-pps pools then you should spread your miners out to more than one pool to minimize variance.  Pools go through periods of good luck and bad so if you are all in on a single pool then you are subject to whatever luck they have.  If you mine multiple pools you usually have another pool having normal or good luck while one pool has bad luck and it equalizes out.

I have mined on 5 or 6 different BTC pools and many other altcoin pools.  For BTC I now mine on bitparking and bitminter both of which I recommend.  DGM is the best payout formula in my opinion.  PPLNS is ok too.  In my experience the relatively higher variance of pools like slush, bitminter, bitparking and others is more profitable in the long run than lower variance pools like BTC Guild or 50BTC.

[WEB slicer]

I noticed my avalon has the option to mine with multiple pools. Is that mining with multiple pools at once or just switching to another pool when your main pool is down?

I am considering DGM pools. I hear its the newest and most advanced method. Plus there seems to be more 0% DGM pools.

Eclipse seems to have a big pool but josh is a tool and BFL is on BS. IDK if i want to support them. People seem to respect graet. And he is the only one paying TX reward. Just wish i knew what that means.

[Trongersoll]

*rolls Dragon Dice* *references chart for result*

You should..... Solo Mine!!!!   

heh, actually, any of the pools are ok. the bigger the pool, the more consistent the payout is all.

[os2sam]

paying TX reward. Just wish i knew what that means.

If you want to transfer bitcoins from one place to another, such as buying something time critical if you include a transaction fee people generating blocks will, most likely, include your transaction quicker if you offer a transaction fee.  At some point in the future transaction fees will surpass the block generation reward.

So pools that share transactions will add that to the 25 BTC block reward.
Sam

[os2sam]

I noticed my avalon has the option to mine with multiple pools. Is that mining with multiple pools at once or just switching to another pool when your main pool is down?

Your Avalon is using CGMiner.  The CGMiner thread top post and the readme explain the mining strategies.

----------------------Readme-------------------------------------------
MULTIPOOL

FAILOVER STRATEGIES WITH MULTIPOOL:
A number of different strategies for dealing with multipool setups are
available. Each has their advantages and disadvantages so multiple strategies
are available by user choice, as per the following list:

FAILOVER:
The default strategy is failover. This means that if you input a number of
pools, it will try to use them as a priority list, moving away from the 1st
to the 2nd, 2nd to 3rd and so on. If any of the earlier pools recover, it will
move back to the higher priority ones.

ROUND ROBIN:
This strategy only moves from one pool to the next when the current one falls
idle and makes no attempt to move otherwise.

ROTATE:
This strategy moves at user-defined intervals from one active pool to the next,
skipping pools that are idle.

LOAD BALANCE:
This strategy sends work to all the pools to maintain optimum load. The most
efficient pools will tend to get a lot more shares. If any pool falls idle, the
rest will tend to take up the slack keeping the miner busy.

BALANCE:
This strategy monitors the amount of difficulty 1 shares solved for each pool
and uses it to try to end up doing the same amount of work for all pools.
---------------------------Readme Not-------------------------------------