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Author Topic: Which pool are best now ?  (Read 3728 times)
TheQuin
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November 04, 2013, 07:57:20 AM
 #41

That's fine.  But making it sound like there is some huge different in earnings is dishonest.  It is a *1%* effective difference between Bitminter and BTC Guild, and less variance to boot.  Orphaned blocks *do* eat about 1% of your earnings (AKA:  Hidden 1% "fee"), and on BTC Guild they are paid.

And while pure BTC earnings are unaffected in long term by variance (within certain limits), USD earnings *can* be impacted.  More consistent earnings means you're more readily able to execute market positions with a steady supply of coins rather than being left dry during short term spikes.

I have gone back and edited my original post. I certainly didn't mean to be dishonest, I just forgot about the orphans.

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hZti
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November 05, 2013, 12:16:25 PM
 #42

any suggestion?

I like Slush Pool and BTCguild, but only you can figure out which pool is right for you.

Why is one pool better for you and the other not?
Walter Rothbard
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November 05, 2013, 08:28:07 PM
 #43

Bitminter has been a great pool to use for a long time. The customers are very quick to offer good help and advise in the pool thread on this forum, and Dr Haribo is always willing to go the extra mile to make sure everything runs smoothly.

I second that.  DrHaribo is helpful, the pool is friendly, and fun!

spiccioli
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November 05, 2013, 08:53:30 PM
 #44

Guys,

there are only two kind of pools:

- too big
- all the other pools.

Choose wisely, choose a smaller one and in doing so:

1) - help increasing bitcoin network health: DE-CEN-TRA-LI-ZED means nothing to you?

2) - be a bigger fish in a smaller pool (instead of the other way around), remember: bigger fishes eat smaller ones.

3) - please do understand that all the hardware which was bought in the last four months and all hardware being bought from now on is NOT going to break even, so pool choice makes no real difference FOR YOU but can make a difference for bitcoin network health, see point 1)

4) - a better bitcoin network health can help increase bitcoin value and in doing so can help you earning more from your investment.

Variance means that some days you get less, but some other days you get more and the days when you earn less are LONGER than the days when you earn more, so be patient!

A smaller pool is easier to monitor, a smaller pool has to have smaller fees, a smaller pool is more enjoyable to join since you become part of a (smaller) community of miners which share your same goals.

Stop being a lemming, start mining somewhere else!

spiccioli

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