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Author Topic: strange on deepbit.com  (Read 841 times)
viktorz
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April 16, 2012, 07:00:22 AM
 #1

Why 24h deepbit.com gives 1.5 BTC and btcguild.com gives 2.3 why such difference ?
On deepbit.com is more speed then on btcguild.com.
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nathantrumpet
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April 20, 2012, 04:48:17 AM
 #2

Why 24h deepbit.com gives 1.5 BTC and btcguild.com gives 2.3 why such difference ?
On deepbit.com is more speed then on btcguild.com.

How are your miners configured? If it's Proportional in deepbit then there is a bit of luck involved: have you noticed the percentages in the Stats section? The second one, Average in the last 24 hours, seems to directly affect your 24h profits. If it's a negative percent then you can expect to get a little more than the calculated estimate for your current hashing speed. For example, my single 5870 at 447mh/s is expected to make 0.26 BTC/24h. Over the past couple days the stat on deepbit has been between 0.22 BTC and 0.31 BTC per 24h. I have used BTCGuild but I prefer deepbit for the chance of getting a better payout.
nathantrumpet
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April 20, 2012, 05:29:56 AM
 #3

You should not use deepbit.

They're too big and therefore bad for bitcoin as a whole.

Use p2pool instead.

Can you direct me (us?) to a beginner's guide for p2pool? I haven't changed pools in a couple months so it might be time to do it.
organofcorti
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April 20, 2012, 06:02:52 AM
 #4

Why 24h deepbit.com gives 1.5 BTC and btcguild.com gives 2.3 why such difference ?
On deepbit.com is more speed then on btcguild.com.

You should not use deepbit.

They're too big and therefore bad for bitcoin as a whole.

Use p2pool instead.



You should probably also mention the p2pool downsides. Someone mining at deepbit for a while might not be used to the variance. Don't want to give anyone unrealistic expectations and put them off p2pool once they experience it.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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nathantrumpet
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April 20, 2012, 06:22:24 AM
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You should probably also mention the p2pool downsides. Someone mining at deepbit for a while might not be used to the variance. Don't want to give anyone unrealistic expectations and put them off p2pool once they experience it.

I am willing to give it a shot because I realize the community and market are growing. Deepbit is probably the most convenient (at least in my experience between deepbit, slush, and btc guild). I have read that some people fear that if deepbit grows too large then it would compromise the success of other pools. Please correct me if I am wrong, I am still learning. Thanks. I might look into p2pool sometime this weekend.
organofcorti
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April 20, 2012, 06:52:30 AM
 #6

I'd try p2pool if you can set it up. No concerns about failing pools or broken payout systems. However, variance will be greater than you're used to. It will average out over time, just be prepared for a bumpier ride than you got from deepbit. You'll end up with more coins in the long run.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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