I have been mining for a couple of days now, and since deepbit got way out of hand (more then 50% of the network) and slush gives me way more stale shares, I want to switch to a different pool.
I am signed up on one right now, that has 17 other workers mining, 2 of those are from me. Each of my miner's hashrate is above the average hashrate of every miner in the pool.
I already have a couple of hundred shares with them... But I wonder if my payout per share will be different at all.
This new pool doesn't show my the exact balance, only 2 digits after the dot.
So my question is:
Will I get more BTC for my Hashrate on a bigger pool, where my hashrate is just a tiny percentage of the total pool's hashrate?
Or will I get more BTC for my Hashrate on a smaller pool, where my hashrate is quite a big chunk of the total pool's hashrate?
Intuitively I would say bigger pools are better - because otherwise I might as well be mining by myself, right?
Also I found this article, couldn't quite find an answer between the lines, though...https://en.bitcoin.it/wiki/Mining_pool_reward_FAQ
Another thought I have is, that on a bigger pool, with more hashpower, the likelyness to find a block is much much higher, therefore each share I make is a bigger chunk of the 50BTC that one block will give, right?
While in a smaller pool it takes forever to find a block, and 1 share is worth very little, because so many shares were needed to find the block and generate 50BTC.
But then again I am not even really sure, what a share is... These guy's who invented this whole system were way too smart! ^^
Alright I hope you guys have some enlightning comments for me... And I hope I am not wasting hours of my time on the little pool right now