Why do you mine on deepbit?

[teukon]

2 reasons for me:
1. compared to all other pools I tried, that's the one earning me the most, even considering the 3% fee
2. there's no correct PPLNS alternative IMO. There's an okay PPLNS pool, but I find its N too small: by the time I used to mine there, I could only mine during the day, and the small N meant that even though it was PPLNS I still wasn't paid if a block was found during the night. Plus it went down a couple of times. So, too much variability (paradoxically, much more variability than with deepbit).
The only pool I'd consider trying now would be a stable enough (uptime) PPLNS pool with N=at least 24h worth of shares.

Additionnally:
Slush has higher fee if you factor invalid blocks, and I really hate that score-based system that was terrible when I was mining with a very unpowerful GPU.
BTC Guild has a history of suspiciously terrible luck. Okay, now that's outdated since they enforce PPS. My new reason for not going there is thus: I just don't like PPS, pool owner takes away the "risk" of bad (and good!) luck at the cost of a huge fee: I prefer keeping the luck for a much lower fee.

If you like the idea behind PPLNS but dislike the high share-variance inherent to using a small value of N then perhaps consider trying a pool with using the double-geometric method such as eclipsemc.com or yourbtc.net.  Both of these pools have merged mining and 0% fee.  I can't speak for eclipsemc.com but yourbtc.net has been enjoying good luck in the last few days on both blockchains.

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[os2sam]

Why are you all so Anti-Deepbit?
Just wondering,
Sam

[finway]

I just don't like PPS, pool owner takes away the "risk" of bad (and good!) luck at the cost of a huge fee: I prefer keeping the luck for a much lower fee.

Why choose? You get the reduced risk of PPS without a huge fee at Eligius

^ this.

[Luke-Jr]

Why are you all so Anti-Deepbit?

It is a threat to Bitcoin, since it is close to (and has at times even attained) the 50% required to compromise the security of the network.

[os2sam]

Why are you all so Anti-Deepbit?

It is a threat to Bitcoin, since it is close to (and has at times even attained) the 50% required to compromise the security of the network.

So you think Deepbit is plotting to take over the Bitcoin network?  To what end?
Sam

[os2sam]

Why are you all so Anti-Deepbit?

It is a threat to Bitcoin, since it is close to (and has at times even attained) the 50% required to compromise the security of the network.

Just because Deepbit may have had the ability, which has not been proven, it doesn't mean it has the intent to compromise the network.  If one really wanted to do what you suggest they wouldn't do it publicly, they would do it stealthily.

Anyway success doesn't equal nefarious intent.
Sam

[Jack of Diamonds]

I just don't like PPS, pool owner takes away the "risk" of bad (and good!) luck at the cost of a huge fee: I prefer keeping the luck for a much lower fee.

There are 0% PPS pools like abcpool.co which means you have zero risk as well as zero fees.
If you don't mine in such a pool then you either support other models for ideological reasons, or like to earn less money for some masochistic reason.

[os2sam]

I just don't like PPS, pool owner takes away the "risk" of bad (and good!) luck at the cost of a huge fee: I prefer keeping the luck for a much lower fee.

There are 0% PPS pools like abcpool.co which means you have zero risk as well as zero fees.
If you don't mine in such a pool then you either support other models for ideological reasons, or like to earn less money for some masochistic reason.

With PPS, fee or no fee, you mine at a flat rate.  So if, so called, luck is good you loose if it is bad then you win or least break even.

What do you call "ideological reasons"?

You get what you pay for.  There is no such thing as a free ride.
Sam

[finway]

this simple, just habbit, people don't like change.

[localhost]

Why choose? You get the reduced risk of PPS without a huge fee at Eligius

What os2sam re-explained about PPS and keeping luck to oneself. On a side note Eligius really has some really messy site.

[finway]

Why choose? You get the reduced risk of PPS without a huge fee at Eligius

What os2sam re-explained about PPS and keeping luck to oneself. On a side note Eligius really has some really messy site.

I think Eligius is really cool, different taste.

[localhost]

If you like the idea behind PPLNS but dislike the high share-variance inherent to using a small value of N then perhaps consider trying a pool with using the double-geometric method such as eclipsemc.com or yourbtc.net.  Both of these pools have merged mining and 0% fee.

From the eclipsemc.com FAQ: "We are currently employing a modified proportional system with a score based system coming online very shortly." They don't say how that proportional system is modified. And then score-based looks just like Slush.
From the yourbtc.net FAQ: they explain that the value per share decreases progressively over time. That's just like Slush, except that the decay is over a set number of shares instead of a random one. What I like with PPLNS is that shares don't decay, they either count at their full value or don't count at all if we're past N.

[freakfantom]

I started to mine on deepbit, but quickly realised that there are many pools who pay more and use advanced methods to calculate your reward. Just look at https://en.bitcoin.it/wiki/Comparison_of_mining_pools

[ZPK]

why this http://pool.itzod.ru/ pool did not found on your link?(

[bitlane]

why this http://pool.itzod.ru/ pool did not found on your link?(

Looks pretty localized. Is there a support thread on this forum for it ?

[ZPK]

https://bitcointalk.org/index.php?topic=44024.0 ... guys do not read/write on eng topic....and information can be old.
https://bitcointalk.org/index.php?topic=25127.0 ... rus topic.

support can be found in jabber. cool )

[Eveofwar]

https://bitcointalk.org/index.php?topic=44024.0 ... guys do not read/write on eng topic....and information can be old.
https://bitcointalk.org/index.php?topic=25127.0 ... rus topic.

support can be found in jabber. cool )

Code:

javascript:var%20t=((window.getSelection&&window.getSelection())||(document.getSelection&&document.getSelection())||(document.selection&&document.selection.createRange&&document.selection.createRange().text));var%20e=(document.charset||document.characterSet);if(t!=''){location.href='http://translate.google.com/?text='+t+'&hl=en&langpair=auto|en&tbb=1&ie='+e;}else{location.href='http://translate.google.com/translate?u='+encodeURIComponent(location.href)+'&hl=en&langpair=auto|en&tbb=1&ie='+e;};

^^ translate current page to English

[ZPK]

?main of pool?.... if yes.....switch languages ​​on top (RU/EN) Google translate do not need.

[Eveofwar]

?main of pool?.... if yes.....switch languages ​​on top (RU/EN) Google translate do not need.

http://pool.itzod.ru/faq.html

The FAQ...a pretty important section, has no English version.  Google translate = win.

[Balthazar]

The FAQ...a pretty important section, has no English version.  Google translate = win.

I have some health problems at the moment. I'll translate this page, when I'll feel better.

P.S. GT is the generator of nonsense, and is not an option.