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Author Topic: Will we need a pool for smaller pools?  (Read 1069 times)
triforcelink
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July 18, 2011, 08:01:58 AM
 #1

In the not so distant future when finding block in a somewhat decent time requires several TH/s The creation of a new successful pool will be extremely difficult and ineffective. Do you think we will need a service which can join multiple smaller pools into a single larger pool to help control the variance?

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Meni Rosenfeld
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July 18, 2011, 08:11:05 AM
 #2

In the not so distant future when finding block in a somewhat decent time requires several TH/s The creation of a new successful pool will be extremely difficult and ineffective. Do you think we will need a service which can join multiple smaller pools into a single larger pool to help control the variance?
Yes. (Semi-)decentralized pools like p2pool should work nicely as the larger pool.

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triforcelink
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July 18, 2011, 08:16:20 AM
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oh, thats perfect! thanks!

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July 18, 2011, 05:27:06 PM
 #4

 Actually, we already need service like that. It may be called "Anti-Deepbit coalition".
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July 18, 2011, 05:29:26 PM
 #5

if the price of BTC keeps falling steadily.. mining by yourself with 2-5 gh/s might be feasible for
many moons to come as i would expect difficulty to level out. Maybe even go down. who knows.

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iopq
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July 18, 2011, 06:29:28 PM
 #6

it's called multiclone, see the thread
Meni Rosenfeld
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July 18, 2011, 06:32:26 PM
 #7

it's called multiclone, see the thread
Multiclone is something completely different.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
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