Re: Mining pools list

[os2sam]

Thank you for the information and very clear

today I again seek pool for mining and would you please provide a link pool atlcaoin

You need to look in the alt coin sub-forum.  This is Bitcoin forum.

[organofcorti]

Thank you for the information and very clear

today I again seek pool for mining and would you please provide a link pool atlcaoin

You need to look in the alt coin sub-forum.  This is Bitcoin forum.

"Atlcoin" would be a great name for an Aztec alt-coin

[DrHaribo]

I just noticed Bitminter is listed as 0.5% fee. Must be an editing error. I'm pretty sure it was correctly listed as 1% before.

Could we get that corrected to 1% ?

[organofcorti]

I just noticed Bitminter is listed as 0.5% fee. Must be an editing error. I'm pretty sure it was correctly listed as 1% before.

Could we get that corrected to 1% ?

Sorry about that, fixed.

[DrHaribo]

Thanks

[RigPool]

Please add the following to the list of bitcoin mining pools.
I greatly appreciate it!

I'm a "Newbie" to this forum so please feel free to reach out to me directly with any questions regarding the pool or any questions regarding bitcoin mining.


Pool:                        RigPool.com - PPLNS Bitcoin BTC Mining Pool
Website:                   http://www.RigPool.com
Proxy:                      No
Generation address:  1JpKmtspBJQVXK67DJP64eBJcAPhDvJ9Er
Coinbase signature:   /RigPool/
Payout method:         PPLNS
Fee:                         0.5%
Pay Tx Reward:         Yes
Vardiff:                    Yes. starts at 8192.  Range from 8192 to 1048576. SPM - 4  / Target Time - 4 Shares Per Minute
Local Work:              stratum
Pay Orphans:           No
Min Withdrawal:       0.001
Merge Mining:          No

[EnacDomains]

are there any reliable pools for the west coat

[MrKaizerSoze]

Please add the following to the list of bitcoin mining pools.
I greatly appreciate it!

I'm a "Newbie" to this forum so please feel free to reach out to me directly with any questions regarding the pool or any questions regarding bitcoin mining.


Pool:                        RigPool.com - PPLNS Bitcoin BTC Mining Pool
Website:                   http://www.RigPool.com
Proxy:                      No
Generation address:  1JpKmtspBJQVXK67DJP64eBJcAPhDvJ9Er
Coinbase signature:   /RigPool/
Payout method:         PPLNS
Fee:                         0.5%
Pay Tx Reward:         Yes
Vardiff:                    Yes. starts at 8192.  Range from 8192 to 1048576. SPM - 4  / Target Time - 4 Shares Per Minute
Local Work:              stratum
Pay Orphans:           No
Min Withdrawal:       0.001
Merge Mining:          No

Almost 1 year per round!!!!
Why you have a difficulty so high, 8092?

[kano]

are there any reliable pools for the west coat

[RigPool]

We are a new BTC mining pool and have not hit our first block yet.  The round time will shorten as more hashing power is added to the pool.

8192 difficulty is the starting difficulty and will increase as needed per worker/rig/rental.

Please add the following to the list of bitcoin mining pools.
I greatly appreciate it!

I'm a "Newbie" to this forum so please feel free to reach out to me directly with any questions regarding the pool or any questions regarding bitcoin mining.


Pool:                        RigPool.com - PPLNS Bitcoin BTC Mining Pool
Website:                   http://www.RigPool.com
Proxy:                      No
Generation address:  1JpKmtspBJQVXK67DJP64eBJcAPhDvJ9Er
Coinbase signature:   /RigPool/
Payout method:         PPLNS
Fee:                         0.5%
Pay Tx Reward:         Yes
Vardiff:                    Yes. starts at 8192.  Range from 8192 to 1048576. SPM - 4  / Target Time - 4 Shares Per Minute
Local Work:              stratum
Pay Orphans:           No
Min Withdrawal:       0.001
Merge Mining:          No

Almost 1 year per round!!!!
Why you have a difficulty so high, 8092?

[organofcorti]

We are a new BTC mining pool and have not hit our first block yet.  The round time will shorten as more hashing power is added to the pool.

8192 difficulty is the starting difficulty and will increase as needed per worker/rig/rental.

Please add the following to the list of bitcoin mining pools.
I greatly appreciate it!

I'm a "Newbie" to this forum so please feel free to reach out to me directly with any questions regarding the pool or any questions regarding bitcoin mining.


Pool:                        RigPool.com - PPLNS Bitcoin BTC Mining Pool
Website:                   http://www.RigPool.com
Proxy:                      No
Generation address:  1JpKmtspBJQVXK67DJP64eBJcAPhDvJ9Er
Coinbase signature:   /RigPool/
Payout method:         PPLNS
Fee:                         0.5%
Pay Tx Reward:         Yes
Vardiff:                    Yes. starts at 8192.  Range from 8192 to 1048576. SPM - 4  / Target Time - 4 Shares Per Minute
Local Work:              stratum
Pay Orphans:           No
Min Withdrawal:       0.001
Merge Mining:          No

Almost 1 year per round!!!!
Why you have a difficulty so high, 8092?

Sorry I missed your post the first time around. Now added.

[kano]

Hello World Please add GBMiners to this list. I would love to connect with like-minded people here :

Pool:                      GBMiners
Website:
Proxy:                    No
Generation address:  1KuWLoZuoJgz3N6sLoAwGth9XGm8YuFTGt
Coinbase signature: /mined by gbminers/
Payout method:        PPLNS
Fee:                        0.9%
Pay Tx Reward:        Yes
Vardiff:                   18 SPM by default (User can modify it too)
Local Work:             stratum
Pay Orphans:           No
Min Withdrawal:       0.01 BTC
Merge Mining:          No

By like minded - you mean people who would remove my name from the copyright messages on the CKPool web source code and replace it with theirs? Even though most of the web code there is my code?

What sort of 'like minded' is that? Pirate?

[organofcorti]

Hello World Please add GBMiners to this list. I would love to connect with like-minded people here :

Pool:                      GBMiners
Website:                 gbminers.com
Proxy:                    No
Generation address:  1KuWLoZuoJgz3N6sLoAwGth9XGm8YuFTGt
Coinbase signature: /mined by gbminers/
Payout method:        PPLNS
Fee:                        0.9%
Pay Tx Reward:        Yes
Vardiff:                   18 SPM by default (User can modify it too)
Local Work:             stratum
Pay Orphans:           No
Min Withdrawal:       0.01 BTC
Merge Mining:          No

Done.

[kano]

Since FUPool (Discus) is PPS minus some fee, I'm wondering if your profitability number on your blog isn't a mistake
You can't get more than "100%PPS minus the fee" from them no matter how lucky or unlucky they are.
Any extra profit is the pool's profit, not the miners.

Edit: and anyone using CraPPSRB would be limited to 100% ... ... if the luck ever got above that.

[organofcorti]

Since FUPool (Discus) is PPS minus some fee, I'm wondering if your profitability number on your blog isn't a mistake
You can't get more than "100%PPS minus the fee" from them no matter how lucky or unlucky they are.
Any extra profit is the pool's profit, not the miners.

Edit: and anyone using CraPPSRB would be limited to 100% ... ... if the luck ever got above that.

The profitability measurement ignores the reward method. Think of it as how profitable the pool is. Why bother for a PPS pool, you ask? All the dead PPS and PPS variant pools that were killed by bad luck. If a PPS pool has bad luck for a long time I'd want to get out quickly before I got 50BTC'd.

[kano]

Since FUPool (Discus) is PPS minus some fee, I'm wondering if your profitability number on your blog isn't a mistake
You can't get more than "100%PPS minus the fee" from them no matter how lucky or unlucky they are.
Any extra profit is the pool's profit, not the miners.

Edit: and anyone using CraPPSRB would be limited to 100% ... ... if the luck ever got above that.

The profitability measurement ignores the reward method. Think of it as how profitable the pool is. Why bother for a PPS pool, you ask? All the dead PPS and PPS variant pools that were killed by bad luck. If a PPS pool has bad luck for a long time I'd want to get out quickly before I got 50BTC'd.

OK then you probably should word it differently coz it clearly reads as: you get paid more if it's higher:

Profitability = Actual reward per share /  Theoretical reward per share

Edit: e.g. even with the run in of recent bad luck on my pool, only one month has paid average worse than a 1.5% PPS fee (August)
(and that was only 3.16% below no fee PPS)

Edit2: heh actually I guess that's actually really very funny, that over 15PHs left coz the payout was only 1.33% below no fee PPS (September)

[organofcorti]

Since FUPool (Discus) is PPS minus some fee, I'm wondering if your profitability number on your blog isn't a mistake
You can't get more than "100%PPS minus the fee" from them no matter how lucky or unlucky they are.
Any extra profit is the pool's profit, not the miners.

Edit: and anyone using CraPPSRB would be limited to 100% ... ... if the luck ever got above that.

The profitability measurement ignores the reward method. Think of it as how profitable the pool is. Why bother for a PPS pool, you ask? All the dead PPS and PPS variant pools that were killed by bad luck. If a PPS pool has bad luck for a long time I'd want to get out quickly before I got 50BTC'd.

OK then you probably should word it differently coz it clearly reads as: you get paid more if it's higher:

Profitability = Actual reward per share /  Theoretical reward per share

Yeah, I'll probably change in to something like

Pool profitability = Actual reward to pool per share /  Theoretical reward to pool per share

Edit: e.g. even with the run in of recent bad luck on my pool, only one month has paid average worse than a 1.5% PPS fee (August)
(and that was only 3.16% below no fee PPS)

Edit2: heh actually I guess that's actually really very funny, that over 15PHs left coz the payout was only 1.33% below no fee PPS (September)

I thought your miners had balls of steel?  Sheesh, back in my day I stayed on pools that were so unlucky, I had to pay them.

If some of you are puzzled by kano's "CrPPSRB" comment, these posts give a bit of back ground and information about SMPPS (a progenitor of CPPSRB):
http://organofcorti.blogspot.com/2012/03/31-rise-and-fall-of-arsbitcoincom.html
http://organofcorti.blogspot.com/2012/04/32-risks-of-smpps.html

[jonnybravo0311]

I think the problem with "CrPPSRB" lies in its presentation.  People see that they are being paid back shares when the pool is lucky and think they're making out.  What is glossed over (and kano clearly points out), is that the absolute theoretical max reward is 100%.  You can never, ever go above that value because at its heart, it's a PPS system.  With PPLNS, you can "make up" for swings in bad luck by having swings of good luck.  Using kano's pool as an example, you can see from the monthly statistics that while August and September were "bad", March, April, May, June, July and October were good.  The pool's lifetime is 105.04%.  Same holds true with my own pool.  Although, with the small hash rate, I'm far more susceptible to swings of variance, to date my pool is running 105.74%.  You simply cannot ever achieve that on any PPS variant.

[organofcorti]

I think the problem with "CrPPSRB" lies in its presentation.  People see that they are being paid back shares when the pool is lucky and think they're making out.  What is glossed over (and kano clearly points out), is that the absolute theoretical max reward is 100%.  You can never, ever go above that value because at its heart, it's a PPS system.  With PPLNS, you can "make up" for swings in bad luck by having swings of good luck.  Using kano's pool as an example, you can see from the monthly statistics that while August and September were "bad", March, April, May, June, July and October were good.  The pool's lifetime is 105.04%.  Same holds true with my own pool.  Although, with the small hash rate, I'm far more susceptible to swings of variance, to date my pool is running 105.74%.  You simply cannot ever achieve that on any PPS variant.

I agree. A big difference between public perceptions of PPS-var and luck based reward methods is that people expect full payment for shares under PPS-var, whereas people expect that only in the long term for luck based pools.

[kano]

Actually there's another big factor you left out, that is also by design in bitcoin.
Txn Fees.
PPS doesn't include them of course - whereas PPLNS pools like mine and Jonny's do include them in the reward.
e.g. the last 5 blocks on my pool right now have an average TxnFee of 7% on top of the block reward of 12.5BTC
Even for the last 50 blocks it's averaged 4%

(Edit: of course with each halving it becomes more and more important - by design)

That is another major perception mistake on mining in Chinese pools and all PPS pools in general.
I say 'Chinese' pools coz almost all of the mining in China is either PPS or PPLNS without transaction fees.
Pretty much almost all empty blocks are now produced by Chinese pools also.