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Author Topic: Why do you mine on deepbit?  (Read 16965 times)
rjk
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March 11, 2012, 04:54:20 PM
 #141

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Yeah I misread... why do you say no one uses proportional anymore?  AFAIK, no one uses PPS anymore.

Is this a serious statement?  Huh
+1, BTC Guild is pure PPS only, and they are over 1 thash last I checked. They don't even offer a proportional option like Derpbit.

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
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Inaba
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March 11, 2012, 05:30:51 PM
 #142

PPS is likely the final configuration of BTC pools; all other methods will most likely eventually fade away.

If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
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March 11, 2012, 05:32:03 PM
 #143

PPS is likely the final configuration of BTC pools; all other methods will most likely eventually fade away.
No longer evangelizing DGM? Grin

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
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March 11, 2012, 05:37:18 PM
 #144

No, I am firmly behind DGM, but I also understand the allure of PPS for miners.  It may take quite awhile, but I don't think there's going to be anything but PPS, except with smaller "botique" pools in the somewhat distant future.  All other methods, beyond perhaps pure proportional, just seem too hard to understand for the general populous.  PPS is simple, and people are going to gravitate towards that.



If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
Asiketeisc
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March 11, 2012, 06:46:25 PM
 #145

Im still on deepbit because i Fucking hate having Three Open Windows just to mine.... rather than One, just like D&T had stated earlier...

We need to Pack all these multiple things into one gui!, Then P2Pool could actually spread!
http://technet.microsoft.com/en-us/sysinternals/cc817881

I'm fairly sure Debian has something similar.

1LVbhfaJhrEGRuaBaXxtrdxeiFENkZLFDh
organofcorti
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March 11, 2012, 11:44:35 PM
 #146

Some more informations about Deepbit.net here. Nothing ground breaking, but it shows they're honest. Also quantifies the difference between expected rewards for PPS and prop (ignoring pool hopping).

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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March 13, 2012, 03:44:01 AM
 #147

Im still on deepbit because i Fucking hate having Three Open Windows just to mine.... rather than One, just like D&T had stated earlier...

We need to Pack all these multiple things into one gui!, Then P2Pool could actually spread!
http://technet.microsoft.com/en-us/sysinternals/cc817881

I'm fairly sure Debian has something similar.

Wow dude... all AMDhd cards come with MultiDesktop... and hydragrid

.... With your logic i mayaswell openup another monitor and drag the windows over to it, atleast that way i'll save some cpu and ram.
Seriously i dont want to Minimize, or Hide it, I want One Running Window...

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
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March 16, 2012, 05:07:19 PM
 #148

Sorry, just recently started following the pool threads since I am @ ~20GH and are exploring my options.

What is wrong with prop?  I tired a few other ones (I won't single them out here) but I am still with deepbit because I don't have to worry about invalid blocks.  AFAIK, everybody else you lose with invalid blocks, which I have seen as high as 4% on some pools.
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March 16, 2012, 05:09:48 PM
 #149

Sorry, just recently started following the pool threads since I am @ ~20GH and are exploring my options.

What is wrong with prop?  I tired a few other ones (I won't single them out here) but I am still with deepbit because I don't have to worry about invalid blocks.  AFAIK, everything else you lose with invalid blocks, which I have seen as high as 4% on some pools.
To put it very simply, reduced income is the problem. The cause is pool hoppers, which mine a certain way to maximize their profit while reducing your payout. The solution is to mine on a pool with a hopper-proof payout algorithm, or to become a hopper yourself. (In order of difficulty).

You may wish to consider p2pool for your miners, so that you aren't tied to a pool which can crash. You can keep regular pools for backup.

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
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March 16, 2012, 05:12:35 PM
 #150

Thanks for the info.  How much do you think hoppers affect the prop payouts on a large pool like deepbit?
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March 16, 2012, 05:15:59 PM
 #151

Thanks for the info.  How much do you think hoppers affect the prop payouts on a large pool like deepbit?
I don't think very much.  I have always been very close to my expected calculated payout on deepbit.  Sometimes over, sometimes under.
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March 16, 2012, 05:23:31 PM
 #152

Thanks for the info.  How much do you think hoppers affect the prop payouts on a large pool like deepbit?

Here is one individual's thoughts. https://bitcointalk.org/index.php?topic=66026.msg802847#msg802847
This link shows that it can be hopped, but they gain from it is probably not as much as with smaller pools. Read the numbers and make your own choice, I suppose.

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
CA Coins
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March 16, 2012, 05:26:39 PM
 #153

Thanks for the data on pool hopping.  It's always good to have data.

I would echo SgtSpike, my payouts on deepbit has always been pretty close to what I expected.  But I will keep exploring.  It seems like every pool has its own issues, but I will check out their respective threads.
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March 16, 2012, 05:49:06 PM
 #154

I've always liked Deepbit for the very low variance and consistent up time. However, I did switch recently to slush's pool purely because I wanted to get my hands on some Namecoins and he has the largest merged mining pool. If Deepbit implemented merged mining, I'd switch back in a heart beat.
SgtSpike
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March 16, 2012, 06:05:19 PM
 #155

Thanks for the info.  How much do you think hoppers affect the prop payouts on a large pool like deepbit?
I don't think very much.  I have always been very close to my expected calculated payout on deepbit.  Sometimes over, sometimes under.

Thanks for the data on pool hopping.  It's always good to have data.

I would echo SgtSpike, my payouts on deepbit has always been pretty close to what I expected.  But I will keep exploring.  It seems like every pool has its own issues, but I will check out their respective threads.

Have you guys ever tried a no-fee pool? I've been mining for a long time, and my payouts over time are always better on no-fee pools. Some people can't handle unlucky streaks in variance though. From my experience, lucky streaks even them out over time.

The trick was finding a no-fee pool with 100% up time. After that problem was solved, it became a no-brainer.
Which pool are you currently using then?
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March 16, 2012, 06:08:55 PM
 #156

Any you would recommend?
I tried EMC a while back, but they were having issues with high stales at the beginning of a new block from all the DGM calculations.  I will check to see if that is resolved.
P2Pool is a thought, but it sounds like it is pretty resource heavy.  Will there be a lot of network traffic compared to a traditional pool?
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March 16, 2012, 06:27:19 PM
 #157

I did switch recently to slush's pool purely because I wanted to get my hands on some Namecoins

Once you get your hands on a Namecoin, then what are you going to do with it?  I guess you could then another 193 or so and then trade it for a Bitcoin Smiley.
Sam

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March 16, 2012, 06:29:01 PM
 #158

The trick was finding a no-fee pool with 100% up time. After that problem was solved, it became a no-brainer.

It would be a good trick to find ANY pool with a 100% up time.  I have never heard of one yet.
Sam

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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March 16, 2012, 06:37:21 PM
 #159

The trick was finding a no-fee pool with 100% up time. After that problem was solved, it became a no-brainer.

It would be a good trick to find ANY pool with a 100% up time.  I have never heard of one yet.
Sam
Deepbit is just about.  I haven't seen it go down at all in months.  That's part of the reason I'm still using them.
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March 16, 2012, 06:46:46 PM
 #160

The trick was finding a no-fee pool with 100% up time. After that problem was solved, it became a no-brainer.

It would be a good trick to find ANY pool with a 100% up time.  I have never heard of one yet.
Sam

P2Pool is 100% up time of course. If my mining computers are running, I'm mining. Now, if my power or electricity goes out, I'm not mining, but I wouldn't be with any pool.

So, 100% practical up time.

Doc,
Point taken Wink.

But one must be aware that there is a default donation, I understand, (that isn't advertised???), and you need to disable if you don't want to pay a fee.
Sam

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
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