Tired of stale shares?

[1bitc0inplz]

Tired of stales?
Tired of the lack of scalability of pushpool?
Tired of downtime?

Come checkout my pool (https://pool.bitp.it), it's entirely custom written in scalable Node and CoffeeScript. Since we don't use pushpool we can offer less stales than any other pool.

Whats this mean for you?

It means a more scaleable pool with less stales than any other pool. While some pools are getting 2%, 3%, and in some cases more. Our pool has virtually no stales. It is not uncommon at all for our members to have stales rates of 0.02%



Why should you care about stales?

Stale shares are a form of "artificial fee" that reduces a miner's earnings. If you are currently receiving a 2% stale rate with pool X and on my pool you're receiving 0.02%, all things being equal you will earn more BTC on my pool.

What have you got to lose?

We are an entirely fee free pool. Come give us a try, you literally have nothing to lose. Compare a week on my pool versus a week on your current pool and let me know what you think. I'd venture to say that you'll like what you see  

[lebuen]

Well, I might give this a shot in the near future as I'm kind of fed up with the bad stability of other pools. You might should add some more information to the website about how to connect (especially which port), as this can only be found in your thread in this forum. Also, for small pools it seems crucial to implement some kind of hopping-protection in my opinion.

EDIT: nevermind, found the port when adding new workers.

[Boing7898]

Big vouch for bit pit. I had maximum 0.3% of stales!
Today I had my miner run for some time and had 64 accepted shares and 0 stales!

[1bitc0inplz]

Big vouch for bit pit. I had maximum 0.3% of stales!
Today I had my miner run for some time and had 64 accepted shares and 0 stales!

Thanks for the support!

Also, here is a photo from one of our pool members, showing just how low his stales are:

[TurdHurdur]

What can I do with the "score", I've amassed?

[1bitc0inplz]

What can I do with the "score", I've amassed?

The score is just for entertainment, it shows you what percentage of the top earns estimated reward that is equal to your estimated reward.

Payouts are purely proportional, and it's the estimated reward (and by extension your shares versus pool shares) that are of value to you.

[talldude]

What can I do with the "score", I've amassed?

nvm, above answers it.

[TurdHurdur]

The score is just for entertainment, it shows you what percentage of the top earns estimated reward that is equal to your estimated reward.

Payouts are purely proportional, and it's the estimated reward (and by extension your shares versus pool shares) that are of value to you.

Aha, had a feeling it wasn't a score-based pool.

[talldude]

I'd mine in the pool if it had like 300ghash+. But at ~13ghash, it could take a month to get one payout if you're really unlucky...

[1bitc0inplz]

I'd mine in the pool if it had like 300ghash+. But at ~13ghash, it could take a month to get one payout if you're really unlucky...

That does raise a paradox of how one gets to 300+ GH/s 

[TurdHurdur]

I'd mine in the pool if it had like 300ghash+. But at ~13ghash, it could take a month to get one payout if you're really unlucky...

Not like you have to point all your cards towards it all the time. 440Mhash/s from a 5870 has generated 2500+ shares without a single stale.

[talldude]

I'd mine in the pool if it had like 300ghash+. But at ~13ghash, it could take a month to get one payout if you're really unlucky...

That does raise a paradox of how one gets to 300+ GH/s 

That's the thing at this point - if you don't have a decent userbase, the variance in block times is HUGE.

I only have 1 5850 so I'm a small fry and I prefer the consistency the larger pools give. If I had 10 rigs, I could afford to throw one at a low ghash pool and play roulette.

[CYPER]

I don't know if I should consider myself lucky, but I have very low Stales ratio:

[Boing7898]

I don't know if I should consider myself lucky, but I have very low Stales ratio:

It seems you are lucky 
The maximum I got in bit pit of stales is 0.2%

[Boing7898]

Bump! We just got to 21 GHash now! Join before it's too late

[1bitc0inplz]

Bump! We just got to 21 GHash now! Join before it's too late

Agreed, we are ~40 GH/s and are offering a bounty of 5 BTC to someone who can find our currently long overdue block.

Nows the perfect time to join in, and earn more!

[cuqa]

question. what do stale shares have to do with pushpool?

[JoelKatz]

Stale shares are a form of "artificial fee" that reduces a miner's earnings. If you are currently receiving a 2% stale rate with pool X and on my pool you're receiving 0.02%, all things being equal you will earn more BTC on my pool.

With pay per share, that's true. With proportional, the stale rate has no effect the BTC you earn. (The pool will still earn the same amount and you'll still be the same fraction of the pool.)

[1bitc0inplz]

Stale shares are a form of "artificial fee" that reduces a miner's earnings. If you are currently receiving a 2% stale rate with pool X and on my pool you're receiving 0.02%, all things being equal you will earn more BTC on my pool.

With pay per share, that's true. With proportional, the stale rate has no effect the BTC you earn. (The pool will still earn the same amount and you'll still be the same fraction of the pool.)

You are correct. That is why I quoted "artificial fee", because it doesn't strictly effect you payout. However, what it does do is make a certain percentage of your efforts worthless.

Put another way;

If you receive a 2% stale rate, over the course of 100 shares only 98 will be accepted by the pool. However, if your stale rate is 0.02% there is an extremely high chance that all 100 of your shares will be accepted.

Given that information, 100 shares in any reward scheme will net you more reward than 98 shares would.

[JoelKatz]

Given that information, 100 shares in any reward scheme will net you more reward than 98 shares would.

Not in a proportional scheme. 100 shares out of 100,000 will give you the same reward as 98 shares out of 98,000.