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Author Topic: Help with improving mining efficiency  (Read 133 times)
dan_729 (OP)
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March 11, 2021, 04:31:29 AM
Last edit: March 11, 2021, 06:18:07 AM by dan_729
Merited by nc50lc (2)
 #1

Recently I've been searching for ways to improve my mining efficiency, with stale shares as the main concern since they are a bit on the higher end (~3%). The second one being system stability, Windows 10 feels a little too wonky sometimes.
Mining setup:
OS:
Pool:
Software:
Windows 10
Ethermine
T-Rex 0.19.11
________________________________________________

For stale shares, with a quick Google search I figured I should focus primarily on pool latency, with that in mind I found this really cool software called "Sonar" which helps you find the closest pool to you. According to Sonar, the nearest pool to me (Brazil) should be Binance pool (~35ms) instead of Ethermine (~210ms). Every other pool besides Binance pool starts from at least 190ms, which makes sense since apparently Binance is the only pool with servers in South America.

My main concern about switching to Binance pool is that they only own 0.91% of the network hashrate as of right now, althought not sure if that matters considering they pay on a FPPS basis. That aside, looks like a sweet deal to mine directly onto the exchange I use to cash out — according to u/OldWillingness7 over Reddit:
Quote
If you mine in ethermine or flexpool to your own wallet, and then you want to cash out, you pay tx twice.

Mine to pool > payout to your wallet (tx1) > move to exchange (tx2) > sell it, or trade, or whatever.

You can mine directly to your account on an exchange, like binance or others. Downside is they control your private key.

Pool > exchange (tx1) > sell.

No tx fee if you mine and trade on Binance.

As for system stability, I'm considering switching my farm to HiveOS which looks like the best one out there. Hopefully the mining rigs stops freezing as often as they do on Windows 10. Since I'm doing that, might as well try mining on the Hiveon pool for a few days and see if their non-existent fees could outweight its higher latency (about ~200ms) compared to Binance pool.

What are your thoughts about this? Is there anything different I should try instead? Any help will be greatly appreciated!
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nc50lc
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March 11, 2021, 05:22:30 AM
 #2

For stale shares, with a quick Google search I figured I should focus primarily on pool latency, with that in mind I found this really cool software caller "Sonar" which helps you find your closest pool. According to Sonar, the nearest pool to me (Brazil) should be Binance pool (~35ms) instead of Ethermine (~210ms). Every other pool besides Binance pool starts from at least 190ms, which makes sense since apparently Binance is the only pool with servers in South America.
Have you considered switching your ISP?
Because I think the latency issue isn't from ethermine because I'm getting 24ms and 20ms average latency for east and west US servers respectively and I'm even from Asia.

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dan_729 (OP)
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March 11, 2021, 05:46:04 AM
 #3

I've tried pinging with my laptop in my friends house which uses another ISP, so pretty sure thats not the case.

Besides I'm not sure if you know, but when you ping xxx.ethermine.org you're actually reaching an edge Cloudflare server in your city, which then forwards the traffic to the real server. To measure the real ping from those servers you need to actually perform a stratum ping instead.
JayDDee
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March 11, 2021, 05:55:16 AM
 #4

Mining to an exchange has risks, it's not your wallet. Exchanges can get hacked or
they can just disappear. You should not keep any coins at an exchange for any length of time.

Statistically there is no difference between mining in a big pool or small pool. However the TTF
can be very long and the blocks can be very irregular in a small pool. Big pools have less volatility.

dan_729 (OP)
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March 11, 2021, 06:06:33 AM
 #5

Actually I've given that matter its fair share of thought already, but concluded that it wouldn't make a lot of difference since I usually just cash out everything I mined through Binance anyways. Besides I don't think Binance would suddenly vanish tomorrow or be easily hacked, given their reputation.
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March 11, 2021, 02:54:34 PM
 #6

https://2miners.com/blog/check-the-real-ping-to-the-mining-pool-server-with-stratum-ping-tool/
"What Is Ping To the Mining Pool?
Now let’s get to the mistake many people are making: when they talk about “ping to the pool”, they actually think about the standard ping utility (named the same in Windows and Linux), which uses special ICMP packets to measure the particular host response time, but… this is not exactly relevant for a mining pool. Let me explain why.

First of all, ICMP is a different type of protocol that is being handled by the Internet routing machinery differently. While mining, you use TCP/IP. When you connect via TCP/IP to the pool, you’re connecting to the actual software that powers the pool (in most cases for serious mining pools this is proprietary tools that are engineered by professional programmers), and guess what, it may perform differently than a low-level part of the operating system that handles ICMP responses. If the pool server is very busy the pool software may respond slowly but the ICMP pong packets (that’s right, a response to ping is called “pong”) would be sent out immediately."

safar1980 wrote about this in the Russian board
https://bitcointalk.org/index.php?topic=5319780.0


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JayDDee
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March 11, 2021, 08:03:50 PM
 #7

Any good miner should report latency as the time between submitting a share and receiving
the reply. But many don't.

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