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Author Topic: Why would you mine with anything BUT a PPS pool?  (Read 6313 times)
Vladimir
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September 01, 2011, 01:21:11 PM
 #41

@Graet, Very reasonable post about selecting a pool, I second basically everything you said there.

Somehow, it seems that there is a significant number of irrational miners out there and one cannot count on them acting rationally.



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teukon
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September 01, 2011, 02:54:18 PM
 #42

@Graet, Very reasonable post about selecting a pool, I second basically everything you said there.

Somehow, it seems that there is a significant number of irrational miners out there and one cannot count on them acting rationally.

Indeed, one can usually count on the majority of miners acting irrationally.
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September 01, 2011, 03:08:57 PM
 #43

Could you explain what you mean by that? I didn't understand it.

This group of people as mentioned by "wtfman":

Quote from: wtfman
One part knows what they are doing, another big part probably not, and a small part does not give a shit.

Which is probably a majority of miners. When they finally see shrinking earnings & start doing some thinking, PPLNS and PPS pools will explode in popularity.
Or maybe it's began already.

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Vladimir
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September 01, 2011, 03:17:57 PM
 #44

I have observed that to some noticeable degree people with double digit gigahashes being let's say "smart gigahashes" and exhibiting more rational behaviour than, say, majority of "sub gigahash" miners.

Suppose, once one has more or less serious operation going, one has to start calculating yield and fighting for every extra percent of it. As opposed to "lets set it mining while I am not gaming" crowd.

Shrinking margins surely will push evolution forward big time as well.



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