question on best pooling slush or btcguild

[nocroom]

i keep going from one to the other, cant seem to find the best home

im running 2th/s 5 s3's, can someone give me some input of your pooling system you use and why

[xstr8guy]

What's "shash"? I can't figure out if you mean Slush or GHash. I'm my opinion, BTCGuild is better than both. It's probably the most stable, reliable pool with a very attentive and honest pool op.

[jonnybravo0311]

LOL... I've got to assume OP means GHash vs BTCGuild.  Given those two options only, I pick BTCGuild any day of the week.  Why?  Eluthria has been very active on the boards, he's up front about the way his pool works and he's taken actual steps to ensure his pool doesn't get to 51% of the network's hashing power.  The other guys have done pretty much the opposite.  They have admittedly done a 51% attack in the past.  They have approached and surpassed 51% again since then, and their only action is to send out random tweets/posts asking miners to please move their hardware someplace else.

[nocroom]

LOL... I've got to assume OP means GHash vs BTCGuild.  Given those two options only, I pick BTCGuild any day of the week.  Why?  Eluthria has been very active on the boards, he's up front about the way his pool works and he's taken actual steps to ensure his pool doesn't get to 51% of the network's hashing power.  The other guys have done pretty much the opposite.  They have admittedly done a 51% attack in the past.  They have approached and surpassed 51% again since then, and their only action is to send out random tweets/posts asking miners to please move their hardware someplace else.

meant slash, ok im sticking to btcguild thanks

[jonnybravo0311]

LOL... I've got to assume OP means GHash vs BTCGuild.  Given those two options only, I pick BTCGuild any day of the week.  Why?  Eluthria has been very active on the boards, he's up front about the way his pool works and he's taken actual steps to ensure his pool doesn't get to 51% of the network's hashing power.  The other guys have done pretty much the opposite.  They have admittedly done a 51% attack in the past.  They have approached and surpassed 51% again since then, and their only action is to send out random tweets/posts asking miners to please move their hardware someplace else.

meant slash, ok im sticking to btcguild thanks

What is "slash" pool then?  The big pools are GHash.io, BTCGuild, Discus Fish, Eligius, Slush.  First you asked about shash and now slash...

[nocroom]

slush, hopes i got it right but im sure you knew what i meant.

thanks

[Bitsaurus]

Well if the NY State regulations do go into effect then BTC Guild will cease to exist, so if you mine there make sure you have auto payments set and don't use the pool as a bank.  Eleuthria is the pool op and has the community's trust, but should the gov decide to shut the pool down on a whim your coins may not fare well.

[jonnybravo0311]

slush, hopes i got it right but im sure you knew what i meant.

thanks

Well if I knew I wouldn't have asked .  I don't have enough experience on slush's pool to compare.  I know the payout schemes are different... Sorry I can't help you more.

Bitsaurus brings up a good point.  BTCGuild has publicly stated they would close up shop if certain regulations come into play.

[jjc326]

If you were going to go full time at slush it seems pretty good.  I only went part time there (at night) so it was rough because they score based on when you found your last block so if you have a faster hash rate you should succeed there.  And everything was on the up and up in terms of communication, as far as I recall.

[nocroom]

If you were going to go full time at slush it seems pretty good.  I only went part time there (at night) so it was rough because they score based on when you found your last block so if you have a faster hash rate you should succeed there.  And everything was on the up and up in terms of communication, as far as I recall.

may i ask, what pooling system you use now?

[xstr8guy]

Well if the NY State regulations do go into effect then BTC Guild will cease to exist, so if you mine there make sure you have auto payments set and don't use the pool as a bank.  Eleuthria is the pool op and has the community's trust, but should the gov decide to shut the pool down on a whim your coins may not fare well.

I believe he's stated that he would give ample notice if he were to close the pool... 30 or 45 days, something like that.

Personally if I were the owner of BTCGuild, I'd just move to a less restrictive country. You know he has to have some serious cash/bitcoin.  

[Bitsaurus]

Well if the NY State regulations do go into effect then BTC Guild will cease to exist, so if you mine there make sure you have auto payments set and don't use the pool as a bank.  Eleuthria is the pool op and has the community's trust, but should the gov decide to shut the pool down on a whim your coins may not fare well.

I believe he's stated that he would give ample notice if he were to close the pool... 30 or 45 days, something like that.

Personally if I were the owner of BTCGuild, I'd just move to a less restrictive country. You know he has to have some serious cash/bitcoin.  

Eleuthria would give 30 or 45 days notice.  I doubt law enforcement agencies give you a heads up ahead of time so things could easily go sour quickly if a Senator happens to be moody that day 

[cloverme]

I think slush is better than btcguild, there's been some shenanigans over at btcguild earlier this year. I moved my farm away from them and never looked back.

[zetaray]

I briefly mined at both pools before. I like the how btcguild is run professionally, but recent luck is killing miners. Slush is buggy when I was there, but is good if you have a high hash rate.

[Bitsaurus]

I think slush is better than btcguild, there's been some shenanigans over at btcguild earlier this year. I moved my farm away from them and never looked back.

I can't fault a pool OP for some malfeasance one of the users was doing.  Similarly Eligius was the target of "shenanigans" but again the pool should not be blamed for bad users.

I started mining on Slush back in 2011 and then moved to BTC Guild.  I tried slush again for a 2 week period in 2013 and had a bad result.  Slush was not responding to user queries for over 1 month and I lost over 2BTC due to errors in the scoring system - he never bothered to respond to my PMs - something that you would never see with some other pool OPs like Graet of Ozcoin or Eluthria of BTC Guild.

[goose20]

i mined on both Slush and BTCGuild back in the day.

I had more luck/succes on BTCGuild.

Slush rewarded loyalty, but if you left, your remaining shares became worthless.
IMO a share is a share and should not be worth zero.

[nocroom]

i mined on both Slush and BTCGuild back in the day.

I had more luck/succes on BTCGuild.

Slush rewarded loyalty, but if you left, your remaining shares became worthless.
IMO a share is a share and should not be worth zero.

I noticed you said both back in the days, what you use now if you don't mind me asking?

[goose20]

i mined on both Slush and BTCGuild back in the day.

I had more luck/succes on BTCGuild.

Slush rewarded loyalty, but if you left, your remaining shares became worthless.
IMO a share is a share and should not be worth zero.

I noticed you said both back in the days, what you use now if you don't mind me asking?

I don't mine anymore. Switched off and sold off many months ago now.
Just couldn't compete with the big players and soaring difficulty increases.

[jonnybravo0311]

i keep going from one to the other, cant seem to find the best home

im running 2th/s 5 s3's, can someone give me some input of your pooling system you use and why

Have you considered other pools?  I named a few in my previous posts, but left out the one on which I mine: p2pool.  It works a bit differently than traditional pools like BTCGuild, Slush, GHash.io, etc.  There is no central pool on which you must register.  You can either run a node yourself, or find a node close to you and mine there.  Your user name is a wallet address to which you want coins paid.  As you find shares, each gets added to the share chain, and when somebody finds a block, you get brand new minted coins direct from the generation transaction based upon how many shares you've got on the chain.

Like I wrote, it's different from your other pools.  Primarily, share difficulty is pretty high, so variance plays a larger role.  In a "regular" pool, you submit lots of shares and get lots of small payouts.  There's a great comparison thread showing the payouts received from p2pool vs Eligius vs BTCGuild here: https://bitcointalk.org/index.php?topic=416933.0.  Check it out.  Also, check out the official p2pool thread here: https://bitcointalk.org/index.php?topic=18313.0.

[nocroom]

I think slush is better than btcguild, there's been some shenanigans over at btcguild earlier this year. I moved my farm away from them and never looked back.

meaning you use slush now full time?