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Author Topic: if you had 200 GH/s which is the most profitable pool?  (Read 6876 times)
triplehelix
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March 09, 2012, 11:46:11 PM
 #1

is there a difference besides the fees?  at that rate would it be more profitable to mine alone?

i got a single opinion that it would make sense to go with p2pool over solo mining.  just looking for a deeper pool of opinion.
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ThiagoCMC
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March 10, 2012, 01:31:03 AM
 #2

Please, join P2Pool!!!  Tongue

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March 10, 2012, 01:43:08 AM
 #3

200Ghash is solo mine time - that's more than some pools. You'd find ~2.69 blocks per day at our new difficulty, keep all the earnings and the transaction fees, and not have pool downtimes to worry about.

That would also take about 360 Radeon HD 7970 cards, $201,600 just in cards. Add 90 x Motherboard, CPU, 1000W power supply, RAM, Flash, case. Then shelving, cooling. And figure out where to get 900 amps of 120V power. OP has not spent this amount of money to now ask the forum where to mine.

triplehelix
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March 10, 2012, 02:09:05 AM
 #4

that is correct, i neither have 200 GH/s, and if i was going to accumulate it, it wouldn't be on the back of gpu's.
Gabi
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March 10, 2012, 02:24:39 PM
 #5

Solo mine.
DeepBit
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March 10, 2012, 03:16:39 PM
 #6

I can recommend joining DeepBit.
This should be the most profitable solution, at least for me.

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March 10, 2012, 03:21:17 PM
 #7

This should be the most profitable solution, at least for me.

LOL Smiley

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March 10, 2012, 03:22:05 PM
 #8

I can recommend joining DeepBit.
This should be the most profitable solution, at least for me.
0/10 troll  Cheesy
Luke-Jr
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March 10, 2012, 05:20:34 PM
 #9

is there a difference besides the fees?  at that rate would it be more profitable to mine alone?

i got a single opinion that it would make sense to go with p2pool over solo mining.  just looking for a deeper pool of opinion.
There are probably 2 main factors you're interested in: fees and variance. Variance is the "random" factor of how far your earnings may swing from one day/week/month to the next.

It would definitely be better to go p2pool over solo mining. With 200 GH/s, you probably don't need to worry too much about variance. That being said, even with 350 GH/s, Eligius (my pool) still has pretty wide swings of variance, so it won't be variance-free either. If low variance is important to you, definitely give Eligius a try at least; using our SMPPS reward system, it evens out the variance by saving extra earnings from the high swings to cover the low swings. As a result, you basically get a nearly-perfectly predictable income. Even if you don't care about variance, Eligius (optionally) offers the same decentralization as p2pool with the getmemorypool protocol (which I have also written a proxy for).

Gabi
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March 10, 2012, 05:31:16 PM
 #10

Either solo mining (suggested) or p2pool.

forget any "normal pool", it's just a waste

With 200ghash you will find like more than one block per day.
bulanula
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March 10, 2012, 05:39:25 PM
 #11

I can recommend joining DeepBit.
This should be the most profitable solution, at least for me.

This actually made me laugh. No joke. Cheesy

But still if you want the LEAST possible variance DeepBit is good because it is the biggest pool.

Especially if you only care about the $$$ and not about security of BTC and possibility of 51% attack ...

triplehelix
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March 10, 2012, 05:46:33 PM
 #12

most important aspect is maximizing profit over say a 6 month period.  during that period, i imagine variance would average out right?
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March 10, 2012, 05:49:18 PM
 #13

most important aspect is maximizing profit over say a 6 month period.  during that period, i imagine variance would average out right?
If you are going to mine in p2pool don't forget to compare your results over a couple of weeks with expected amount from any online calculator.

Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks !
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Luke-Jr
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March 10, 2012, 05:52:01 PM
 #14

most important aspect is maximizing profit over say a 6 month period.  during that period, i imagine variance would average out right?
Probably at 200 GH/s. Still safest to use Eligius Wink

bulanula
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March 10, 2012, 05:53:15 PM
 #15

most important aspect is maximizing profit over say a 6 month period.  during that period, i imagine variance would average out right?
If you are going to mine in p2pool don't forget to compare your results over a couple of weeks with expected amount from any online calculator.

Yeah. This is pretty strange. I have heard numerous people that are saying that P2Pool <<< normal pool in terms of payouts but I have not tried this myself so it could be FUD.

P2Pool really needs to be easier to use IMHO and provide MORE not less payouts in order to gain traction.
DeathAndTaxes
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March 10, 2012, 06:24:45 PM
 #16

most important aspect is maximizing profit over say a 6 month period.  during that period, i imagine variance would average out right?

Well your power bills comes once a month.  A very bad streak (1 in 200 chance) could put you  -30% compared to expected over 30 days.  Using p2pool is a no brainer.  100% of transaciton fees, no pool fees, a good chunk of the subsidies, and your variance would be based on ~400GH/s instead of 200 GH/s.
DeathAndTaxes
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Gerald Davis


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March 10, 2012, 06:28:06 PM
 #17

P2Pool really needs to provide MORE not less payouts in order to gain traction.

It does.  PPLNS + payout 100% of transaction fees + 0% pool fees + subsidies/bonus.
Everything the pool collects is paid out. 

In the short term there is variance same as any other pool.
Luke-Jr
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March 10, 2012, 06:30:38 PM
 #18

In the short term there is variance same as any other pool.
p2pool variance is almost like solo mining. Eligius has almost no variance.

Gabi
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March 10, 2012, 06:45:15 PM
 #19

Nonsense

P2pool has the variance of a 300GH/s pool, that means like 1 block every 6 hours

Eligius is 350GH/s, so it's pretty much the same thing

Quote
Yeah. This is pretty strange. I have heard numerous people that are saying that P2Pool <<< normal pool in terms of payouts but I have not tried this myself so it could be FUD.
Pure FUD

P2pool is decentralized and open source. Everyone can have a look at the source code and see how it work.
But sure spreading FUD is easier, after all noobs won't check soure code, they will just move to other pools like deepbit and make pool operators happy(=richer)
DeathAndTaxes
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Gerald Davis


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March 10, 2012, 06:52:08 PM
 #20

p2pool variance is almost like solo mining. Eligius has almost no variance.

Too stupid for words.

p2pool - 320 GH/s
Eligius - 350 GH/s

hmm.
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