Benchmark [P2Pool vs btcGuild vs Eligius]

[superresistant]

Hi,do you think u can update weekly ?
Joe

seems that one week too short for p2pool
1-14 April 2014: p2pool - BTC1.0615 VS btcguild (PPLNS) - BTC1.1026 VS Eligius BTC1.2293

No payout ??

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[roy7]

p2pool is around 1.5 days per block on average so the week-to-week variance will be much higher than a pool that finds many blocks per day.

[semaster]

15-30 April 2014:     p2pool - BTC1.2836 VS btcguild (PPLNS) - BTC1.2097 VS Eligius BTC1.2339

full benchmark in first post

[gallery2000]

Are 6 antminers on one pool produce the same GH/s as the other pools? 

It is not a fair comparison if 6 antminers on Btcguild has 1200 GH/s and Elgius has 980 GH/s

[semaster]

Are 6 antminers on one pool produce the same GH/s as the other pools? 

It is not a fair comparison if 6 antminers on Btcguild has 1200 GH/s and Elgius has 980 GH/s

6 antminers are equal to 6 antminers. Isn't it ?

if one pool shows more or less ghs - that is problem of pool software.
if one pool makes more or less reward - that is pool software and reward system

And this benchmark is running to show this things in action, while every pool is pointed with equal hardware hashpower.

[gallery2000]

Are 6 antminers on one pool produce the same GH/s as the other pools? 

It is not a fair comparison if 6 antminers on Btcguild has 1200 GH/s and Elgius has 980 GH/s

6 antminers are equal to 6 antminers. Isn't it ?

if one pool shows more or less ghs - that is problem of pool software.
if one pool makes more or less reward - that is pool software and reward system

And this benchmark is running to show this things in action, while every pool is pointed with equal hardware hashpower.

It is not true.  The hash rate can vary widely depends on the temperature.

[semaster]

Are 6 antminers on one pool produce the same GH/s as the other pools? 

It is not a fair comparison if 6 antminers on Btcguild has 1200 GH/s and Elgius has 980 GH/s

6 antminers are equal to 6 antminers. Isn't it ?

if one pool shows more or less ghs - that is problem of pool software.
if one pool makes more or less reward - that is pool software and reward system

And this benchmark is running to show this things in action, while every pool is pointed with equal hardware hashpower.

It is not true.  The hash rate can vary widely depends on the temperature.

Yes, can vary. But it can matter when compare 1 machine vs 1 machine
In this banchmark 6 machines vs 6 vs 6 - and they are located in one room so temp is constant for all.
Also I assure you that difference in hash between every block (6 antes) when they pointed to same pool is less than 1% - I checked that a few times by pointed to one pool with diff workers.

[Soros Shorts]

Did you buy the Ants in December at typical prices? Looks like you just about ROI'ed.

[semaster]

Did you buy the Ants in December at typical prices? Looks like you just about ROI'ed.

Yes, I bought them at typical prices on the end of December.

[gallery2000]

Did you buy the Ants in December at typical prices? Looks like you just about ROI'ed.

Yes, I bought them at typical prices on the end of December.

Do you like them?  Would you like to buy more.  I know a very good place to buy them.

[semaster]

Did you buy the Ants in December at typical prices? Looks like you just about ROI'ed.

Yes, I bought them at typical prices on the end of December.

Do you like them?  Would you like to buy more.  I know a very good place to buy them.

If that place has cheaper ants than bitmaintech - pm me But from any private or untrusted sites I will buy only with "Pay On Delivery"


15-31 May 2014:     p2pool - BTC0.9148 VS btcguild (PPLNS) - BTC0.7351 VS Eligius BTC0.7290

[murdof]

With p2pool not finding a block for 3 days, it is very interesting to see this week's results.

Thanks for your benchmarking!

[semaster]

1-14 June 2014:     p2pool - BTC0.4106 VS btcguild (PPLNS) - BTC0.5750 VS Eligius BTC0.5481

Total from 1 Feb 2014: p2pool - BTC13.4093 VS btcguild (PPLNS) - BTC13.124 VS Eligius BTC12.8506

[yslyung]

1-14 June 2014:     p2pool - BTC0.4106 VS btcguild (PPLNS) - BTC0.5750 VS Eligius BTC0.5481

Total from 1 Feb 2014: p2pool - BTC13.4093 VS btcguild (PPLNS) - BTC13.124 VS Eligius BTC12.8506

thx for compiling & contributing to the community.

the profits mined are before or after fees?

[AFlatMinor]

Ok now (as a noob  ) I am really confused.

A mate and I have been mucking around with a couple of relatively small miners (total about 1.2Ths) for the last month or so. We have also been "dabbling" in the rentals of Rigs etc.

We have been using "Slush's" pool pretty well 100% except for when I rented a "dragon miner" that had a difficulty setting issue with Slush's so I switched to Ghash.

I suppose this is what made me start thinking WTF 

I have learnt that with Slush's it is hardly worth the risk of renting something for less than 24 hours (based on the avg of 6 block/day - which it has been for the last 13 days) as you are not guarenteed any payout if your rented miner runs out 10-15 mins before the block is found, therfore money down the drain if you rented for a shorter time. However the payout seem quite good for "consistant" hashing etc.

In comparison with Ghash - though I haven't spent much time on there - but with the rental I have aimed there it seemed though I got a lot more consistant little payments but in the calculation over the 24hrs it still lost BTC compared to the cost of rental.

Am I missing something here? - What is the point of renting a rig if it is only going to cost you BTC in the long run?

These might be "noob" questions and I am not trying to be "greedy" as such (I don't mind taking a risk) but I would like to understand better where the various pitfalls of the various pools are and I obviously would like to make a profit from doing this (otherwise the interest in rentals will fade over time)

Forums like this help - but I am still quite confused as to where the best place to point rentals is to at least get a decent return. Any advice would be appreciated 

[eleuthria]

but with the rental I have aimed there it seemed though I got a lot more consistant little payments but in the calculation over the 24hrs it still lost BTC compared to the cost of rental.

Am I missing something here? - What is the point of renting a rig if it is only going to cost you BTC in the long run?

Common sense dictates the following:  If somebody has hash rate and is willing to lease it to you, why would they charge you less than what it could mine for themselves?

Outside of the pool you point it at being lucky during your rental period, you will always lose money renting hash power.  Otherwise nobody would ever let you rent the hash power at that price in the first place.

[semaster]

15-30 June 2014:   p2pool - BTC0.9081 VS btcguild (PPLNS) - BTC0.6732 VS Eligius BTC0.5135

Total from 1 Feb 2014: p2pool - BTC14.3174 VS btcguild (PPLNS) - BTC13.7972 VS Eligius BTC13.3641

[zvs]

but with the rental I have aimed there it seemed though I got a lot more consistant little payments but in the calculation over the 24hrs it still lost BTC compared to the cost of rental.

Am I missing something here? - What is the point of renting a rig if it is only going to cost you BTC in the long run?

Common sense dictates the following:  If somebody has hash rate and is willing to lease it to you, why would they charge you less than what it could mine for themselves?

Outside of the pool you point it at being lucky during your rental period, you will always lose money renting hash power.  Otherwise nobody would ever let you rent the hash power at that price in the first place.

Aha!  This is true only for the type of leasing that cex does (no contract).

If you leased based off of, say, an annual contract, then you should expect to pay less than what this mining hardware you're leasing will eventually put out in a year.  Why?  Other guy is basically getting insurance for that year +.  Two huge benefits off the top of my head; protects them against bitcoin price drop, allows them to reinvest straight away -- in better hardware, in bitcoins (smart move if they believe the price will continue going up... assuredly beating whatever meager profits you'd realize after a year).... or maybe they'd just take it to Morgan Stanley.

... that being said, all the yearly + contracts I've seen on this board are insanely overpriced + they require you to take that leap and have a large amount of trust in some "company" that nobody has ever heard of before.

[windpath]

Thank you for running and sharing this benchmark semaster.

Are you including the donations made to p2pool miners in your numbers, or only generation transactions?

Again, thanks, really great to see this!

[zvs]

Thank you for running and sharing this benchmark semaster.

Are you including the donations made to p2pool miners in your numbers, or only generation transactions?

Again, thanks, really great to see this!

donation amount is to the developer and you can modify that setting.    p2pool does give an extra... .5%? or something like that to the block solver, but over time that'd average out...