Bitcoin Forum
June 30, 2024, 12:34:41 PM
Welcome,
Guest
. Please
login
or
register
.
News
: Latest Bitcoin Core release:
27.0
[
Torrent
]
Home
Help
Search
Login
Register
More
Bitcoin Forum
>
Bitcoin
>
Mining
>
Pooling versus solo mining
Pages: [
1
]
« previous topic
next topic »
Print
Author
Topic: Pooling versus solo mining (Read 1165 times)
SeanArce
(OP)
Full Member
Offline
Activity: 182
Merit: 100
Pooling versus solo mining
November 27, 2013, 11:29:14 PM
#1
If you don't have up to par mining equip, you should pool, am I right?
www.onefamous.org
https://soundcloud.com/naer-sri
15ZmN3d7WZDo4WbZwPFJMZcPMBDUkueGH7 - my btc address
Remember remember the 5th of November
Legendary
Offline
Activity: 1862
Merit: 1011
Reverse engineer from time to time
Re: Pooling versus solo mining
November 27, 2013, 11:31:09 PM
#2
Quote from: SeanArce on November 27, 2013, 11:29:14 PM
If you don't have up to par mining equip, you should pool, am I right?
You can do whatever you want. If you are feeling lucky, you can even mine with 3Mh/s. If you want predictable and guaranteed income, then pooling.
BTC:
1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
os2sam
Legendary
Offline
Activity: 3578
Merit: 1091
Think for yourself
Re: Pooling versus solo mining
November 28, 2013, 01:32:51 AM
#3
I've got 4 BE's on solopool right now. I'm trying not to look at it.
A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
gmaxwell
Moderator
Legendary
Offline
Activity: 4200
Merit: 8441
⇾
Re: Pooling versus solo mining
November 28, 2013, 04:20:27 PM
#4
The expected return— that is the average over all possible futures— is the same for either (ignoring any outages, pool fees, pool stales, any differential risk of theft/hacks at pools/locally). The variance of returns is what differs. If you're not depending on every cent of mining income for anything in particular you might prefer a higher variance option over fees and pool related risks. If you're the sort of person who likes to gamble then solo mining should be unusually attractive because the odds are in your favor (assuming you're mining at a profit even in the pooled case).
There are things in between just pooled and solo. E.g. with p2pool you can turn your share difficulty up fairly high.
TooDumbForBitcoin
Legendary
Offline
Activity: 1638
Merit: 1001
Re: Pooling versus solo mining
November 28, 2013, 04:54:09 PM
#5
Quote
I've got 4 BE's on solopool right now. I'm trying not to look at it.
That's $200 annually in a pool on a static 5P network mining $1000 BTC.
Solo, that's one block every 5 million blocks, or every 95 years.
So I guess it's a question of life expentancy. Do you smoke? Exercise regularly?
There's a pool joke in there somewhere, but I can't find it.
▄▄ ▄▄
███▄ ▄███
███
███
███
███
██
█████
█████
██
██
█████
█████
██
███
████
████
███
████
███
███
████
███████▄▄ ▄▄███████
██████
██████████
██████
██████
████████
██████
██████
██████
██████
██████
████
██████
██████
██
██████
██████
█
█████
█████
█
████
████
█
███
███
█
██
██
█
█
█
█
veil
|
PRIVACY
WITHOUT COMPROMISE.
▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂
|
NO
ICO.
NO
PREMI
NE.
X16RT GPU Mining. Fair distribution.
|
The first Zerocoin-based Cryptocurrency
WITH
ALWA
YS-ON
PRIV
ACY.
|
▄▄████
▄▄████████▌
▄▄█████████▀███
▄▄██████████▀▀ ▄███▌
▄████████████▀▀ ▄█████
▀▀▀███████▀ ▄███████▌
██ ▄█████████
█ ▄██████████▌
█ ███████████
█ ██▀ ▀██████▌
██▀ ▀████
▀█▌
▄███████
████████
███▀
███
██████████
██████████
███
███
███
███
███
███
▄▄█▀▀ ▄▄▄▄▄▄▄▄ ▀▀█▄▄
▐██▄▄██████████████▄▄██▌
████████████████████████
▐████████████████████████▌
███████▀▀▀██████▀▀▀███████
▐██████ ████ ██████▌
███████ ████ ███████
▐████████▄▄▄██████▄▄▄████████▌
▐████████████████████████████▌
█████▄▄▀▀▀▀██████▀▀▀▀▄▄█████
▀▀██████ ██████▀▀
▀▀▀ ▀▀▀
jrklein
Newbie
Offline
Activity: 3
Merit: 0
Re: Pooling versus solo mining
November 28, 2013, 05:21:58 PM
#6
Quote from: Holliday on November 28, 2013, 04:47:33 PM
P2Pool.
It provides the network and miner security of solo mining with the reward sharing of pooled mining.
I noticed that P2Pool also gives 0.5% of the reward to the miner that found the block and then divides the remaining 99.5% of the reward among the rest of the miners that participated.
Is this higher reward to the miner that solved the block common among pools or is this unique to P2Pool?
Pages: [
1
]
Print
Bitcoin Forum
>
Bitcoin
>
Mining
>
Pooling versus solo mining
« previous topic
next topic »
Jump to:
Please select a destination:
-----------------------------
Bitcoin
-----------------------------
=> Bitcoin Discussion
===> Legal
===> Press
===> Meetups
===> Important Announcements
=> Development & Technical Discussion
===> Wallet software
=====> Electrum
=====> Bitcoin Wallet for Android
=====> BitcoinJ
=====> Armory
=====> Mycelium
=====> Hardware wallets
=> Mining
===> Mining support
===> Pools
===> Mining software (miners)
===> Hardware
=====> Group buys
===> Mining speculation
=> Bitcoin Technical Support
=> Project Development
-----------------------------
Economy
-----------------------------
=> Economics
===> Speculation
=> Marketplace
===> Goods
=====> Computer hardware
=====> Digital goods
=======> Invites & Accounts
=====> Collectibles
===> Services
===> Currency exchange
===> Gambling
=====> Games and rounds
=====> Investor-based games
=====> Gambling discussion
===> Lending
=====> Long-term offers
===> Securities
===> Auctions
===> Service Announcements
=====> Micro Earnings
===> Service Discussion
=====> Web Wallets
=====> Exchanges
=> Trading Discussion
===> Scam Accusations
===> Reputation
-----------------------------
Other
-----------------------------
=> Meta
===> New forum software
===> Bitcoin Wiki
=> Politics & Society
=> Beginners & Help
=> Off-topic
=> Serious discussion
===> Ivory Tower
=> Archival
===> Корзина
===> CPU/GPU Bitcoin mining hardware
===> Chinese students
===> Obsolete (buying)
===> Obsolete (selling)
===> MultiBit
-----------------------------
Alternate cryptocurrencies
-----------------------------
=> Altcoin Discussion
=> Announcements (Altcoins)
===> Tokens (Altcoins)
=> Mining (Altcoins)
===> Pools (Altcoins)
=> Marketplace (Altcoins)
===> Service Announcements (Altcoins)
===> Service Discussion (Altcoins)
===> Bounties (Altcoins)
=> Speculation (Altcoins)
-----------------------------
Local
-----------------------------
=> العربية (Arabic)
===> العملات البديلة (Altcoins)
=====> النقاشات
===> إستفسارات و أسئلة المبتدئين
===> التعدين
===> النقاشات الأخرى
===> منصات التبادل
=> Bahasa Indonesia (Indonesian)
===> Marketplace (Bahasa Indonesia)
===> Mining (Bahasa Indonesia)
===> Altcoins (Bahasa Indonesia)
===> Trading dan Spekulasi
===> Ekonomi, Politik, dan Budaya
===> Topik Lainnya
=> Español (Spanish)
===> Mercado y Economía
=====> Servicios
=====> Trading y especulación
===> Hardware y Minería
===> Esquina Libre
===> Mercadillo
=====> Mexico
=====> Argentina
=====> España
=====> Centroamerica y Caribe
===> Primeros pasos y ayuda
===> Altcoins (criptomonedas alternativas)
=====> Minería de altcoins
=====> Servicios
=====> Tokens (Español)
=> 中文 (Chinese)
===> 跳蚤市场
===> 山寨币
===> 媒体
===> 挖矿
===> 离题万里
=> Hrvatski (Croatian)
===> Trgovina
===> Altcoins (Hrvatski)
=====> Announcements (Hrvatski)
===> Off-topic (Hrvatski)
=> Deutsch (German)
===> Anfänger und Hilfe
===> Mining (Deutsch)
===> Trading und Spekulation
===> Projektentwicklung
===> Off-Topic (Deutsch)
===> Treffen
===> Presse
===> Altcoins (Deutsch)
=====> Announcements (Deutsch)
===> Marktplatz
=====> Auktionen
=====> Suche
=====> Biete
=> Ελληνικά (Greek)
===> Αγορά
===> Mining Discussion (Ελληνικά)
===> Altcoins (Ελληνικά)
=====> Altcoin Announcements (Ελληνικά)
=====> Altcoin Mining (Ελληνικά)
=> עברית (Hebrew)
=> Français
===> Actualité et News
===> Débutants
===> Discussions générales et utilisation du Bitcoin
===> Mining et Hardware
===> Économie et spéculation
===> Place de marché
=====> Échanges
=====> Produits et services
=====> Petites annonces
===> Le Bitcoin et la loi
===> Wiki, documentation et traduction
===> Développement et technique
===> Vos sites et projets
===> Hors-sujet
===> Altcoins (Français)
=====> Annonces
=> India
===> Mining (India)
===> Marketplace (India)
===> Regional Languages (India)
===> Press & News from India
===> Alt Coins (India)
===> Buyer/ Seller Reputations (India)
===> Off-Topic (India)
=> Italiano (Italian)
===> Guide (Italiano)
===> Progetti
===> Discussioni avanzate e sviluppo
===> Trading, analisi e speculazione
===> Mercato
=====> Mercato valute
=====> Beni
=====> Servizi
=====> Esercizi commerciali
=====> Hardware/Mining (Italiano)
=====> Gambling (Italiano)
===> Accuse scam/truffe
===> Mining (Italiano)
===> Alt-Currencies (Italiano)
=====> Annunci
===> Raduni/Meeting (Italiano)
===> Crittografia e decentralizzazione
===> Off-Topic (Italiano)
=> 日本語 (Japanese)
===> アルトコイン
=> Nederlands (Dutch)
===> Markt
===> Gokken/lotterijen
===> Mining (Nederlands)
===> Beurzen
===> Alt Coins (Nederlands)
===> Off-topic (Nederlands)
===> Meetings (Nederlands)
=> Nigeria (Naija)
===> Politics and society (Naija)
===> Off-topic (Naija)
=> 한국어 (Korean)
===> 대체코인 Alt Coins (한국어)
=> Pilipinas
===> Altcoins (Pilipinas)
=====> Altcoin Announcements (Pilipinas)
===> Pamilihan
===> Others (Pilipinas)
=> Polski
===> Tablica ogłoszeń
===> Alternatywne kryptowaluty
=====> Nowe kryptowaluty i tokeny
=====> Tablica ogłoszeń (altcoiny)
=> Português (Portuguese)
===> Primeiros Passos (Iniciantes)
===> Economia & Mercado
===> Mineração em Geral
===> Desenvolvimento & Discussões Técnicas
===> Criptomoedas Alternativas
===> Brasil
===> Portugal
=> Русский (Russian)
===> Новички
===> Бизнес
=====> Барахолка
=====> Обменники
===> Идеи
===> Кодеры
===> Майнеры
===> Политика
===> Трейдеры
===> Альтернативные криптовалюты
=====> Токены
=====> Бayнти и aиpдpoпы
===> Хайпы
===> Работа
===> Разное
===> Oбcyждeниe Bitcoin
=====> Новости
=====> Юристы
=> Română (Romanian)
===> Anunturi importante
===> Offtopic
===> Market
=====> Discutii Servicii
===> Minerit
===> Tutoriale
===> Bine ai venit!
===> Presa
===> Altcoins (Monede Alternative)
=====> Anunturi Monede Alternative
=> Skandinavisk
=> Türkçe (Turkish)
===> Bitcoin Haberleri
===> Pazar Alanı
===> Madencilik
===> Ekonomi
===> Servisler
=====> Fonlar
===> Proje Geliştirme
===> Alternatif Kripto-Paralar
=====> Madencilik (Alternatif Kripto-Paralar)
=====> Duyurular (Alternatif Kripto-Paralar)
===> Konu Dışı
===> Yeni Başlayanlar & Yardım
===> Buluşmalar
=> Other languages/locations
Loading...