PPLNS / F2POOL

[Hunger]

I´m wondering what to think about BTCguild and Disgus fish

Disgus fish are finding the most blocks on blockchain, i´m not quite sure how it works how the share are paid but it seems it doesnt matter how muc bitcoin disgus finds your balance does not get higher jump. its just number the rise really really slow but on BTC guild when they find block it just comes in one amount.

What do people think its better and is one pool more profitable then other?


HAPPY NEW YEAR!

[1715662261]

1715662261

[1715662261]

1715662261

[1715662261]

1715662261

[maomao]

It's PPS


PPS: Each share receives a fixed reward known in advance. This is the ultimate low- variance, low-maturity simple method, but has the highest risk for the operator, and hence lower expected returns than other methods and risk of collapse if not managed properly. It is currently only moderately attractive, but is the way of the future - it will be the most widely used method when the infrastructure to offer it with low fees is established.

[BTC-TMXSTAR]

Hi!

What is the difference between this two pools? Antpool and Discus fish?
Are they PPS?

Sorry for my BAD English

Thanks advance
and
God bless!!!!!

[newIndia]

It's PPS


PPS: Each share receives a fixed reward known in advance. This is the ultimate low- variance, low-maturity simple method, but has the highest risk for the operator, and hence lower expected returns than other methods and risk of collapse if not managed properly. It is currently only moderately attractive, but is the way of the future - it will be the most widely used method when the infrastructure to offer it with low fees is established.

How much is the fixed reward ? I mean how is it calculated in terms of network difficulty and miner's hashpower ?

[philipma1957]

It's PPS


PPS: Each share receives a fixed reward known in advance. This is the ultimate low- variance, low-maturity simple method, but has the highest risk for the operator, and hence lower expected returns than other methods and risk of collapse if not managed properly. It is currently only moderately attractive, but is the way of the future - it will be the most widely used method when the infrastructure to offer it with low fees is established.

How much is the fixed reward ? I mean how is it calculated in terms of network difficulty and miner's hashpower ?

well they have a number for every th you mine with.

right now 1 th should earn 0.01237 btc a day  I believe their fee is 4%  so .96 x 0.01237 = what they pay for every th you give them

I think that comes to 0.0118752 a th not sure if that is the rate but it should be very close.

what is nice is they pay that daily. no worries about luck.


and here is the rate page

https://www.f2pool.com/help  they say 0.01187958 for each th you send at them

I just sent 1 of my sp20's at them to see if I like them.

[Hunger]

It's PPS


PPS: Each share receives a fixed reward known in advance. This is the ultimate low- variance, low-maturity simple method, but has the highest risk for the operator, and hence lower expected returns than other methods and risk of collapse if not managed properly. It is currently only moderately attractive, but is the way of the future - it will be the most widely used method when the infrastructure to offer it with low fees is established.

How much is the fixed reward ? I mean how is it calculated in terms of network difficulty and miner's hashpower ?

well they have a number for every th you mine with.

right now 1 th should earn 0.01237 btc a day  I believe their fee is 4%  so .96 x 0.01237 = what they pay for every th you give them

I think that comes to 0.0118752 a th not sure if that is the rate but it should be very close.

what is nice is they pay that daily. no worries about luck.


and here is the rate page

https://www.f2pool.com/help  they say 0.01187958 for each th you send at them

I just sent 1 of my sp20's at them to see if I like them.

I see, but they alot more difficulty then other pools, but still are getting the most blocks according to blockchain

[iglasses]

I have been mining @ f2 a little over two months now and can confirm a few things...

1) Their payout is consistent with what they advertise, mostly a few satoshi better
2) In 11 weeks they have never missed a payment
3) The connection to the pool is very stable
4) The interface isn't fancy but gets the job done

I am only sending a few Ths so if you have a decent size farm I suppose your results could vary but overall I like the pool and prefer PPS because I hate the swings of PPLNS.

Wish I could get my tube to work there!

[loshia]

I´m wondering what to think about BTCguild and Disgus fish

Disgus fish are finding the most blocks on blockchain, i´m not quite sure how it works how the share are paid but it seems it doesnt matter how muc bitcoin disgus finds your balance does not get higher jump. its just number the rise really really slow but on BTC guild when they find block it just comes in one amount.

What do people think its better and is one pool more profitable then other?


HAPPY NEW YEAR!

Btcguild avoid Chinese pools as much as possible. It is not about  which is more profitable it is about trust in a first place. The higher number of blocks DOES NOT LEAD TO HIGHER PAYOUTS ALONE.
I will say it like this. I prefer to earn less and donate the difference to the trustable pool op instead to mine in China land
Please note the above does not mean that discus fish is more profitable or vice versa
You can not beat luck. No mater how you change the pools in long term it is same. If you feel adventurous try solo all or nothing Otherwise find primary and backup pools based on trust and stay there

[jonnybravo0311]

If you're not afraid of a little math, you can figure out your expected payout pretty easily.  A true PPS-based pool assigns a value in BTC to every share, which is derived from the current network difficulty and the block reward.  As of right now, the difficulty is 40640955016, and the reward is 25BTC.  So, we can derive that each share is worth 25/40640955016, which is 0.00000000061514BTC per share.

That's all well and good, but how do you figure out how many shares your rig expects to submit in a day?  Another formula will get you that value:

Difficulty * 2^32 / hash rate / 86400 = expected time to solve a block in days.  For a 1 TH/s miner, that value is 2020.27 days.  Number of shares, divided by number of days = expected shares per day.  That same 1TH/s miner expects to find 20116567.61 difficulty 1 shares a day.  Take that and multiply it by the value of a share and you get expected earnings on a PPS pool per day.  The 1TH/s miner expects to get 0.01237451BTC a day.

Since our friends at Discus Fish charge 4% for PPS mining, you would get 96% of expectations, which is 0.011879523BTC.

You can change those numbers to fit whatever hashing power you have to determine what your expectations would be.

Hope this helps.

Edit:

Here's the formula all nice and prettied up for you to calculate expected earnings on discus fish.

Code:

0.96 * (25 / (40640955016 * 2^32 / hash rate / 86400))

Of course, if you're feeling really lazy, go to an online calculator like https://bitcoinwisdom.com/bitcoin/difficulty, plug in your hash rate, take the resulting expected daily earnings and multiply it by 0.96.

[Hunger]

If you're not afraid of a little math, you can figure out your expected payout pretty easily.  A true PPS-based pool assigns a value in BTC to every share, which is derived from the current network difficulty and the block reward.  As of right now, the difficulty is 40640955016, and the reward is 25BTC.  So, we can derive that each share is worth 25/40640955016, which is 0.00000000061514BTC per share.

That's all well and good, but how do you figure out how many shares your rig expects to submit in a day?  Another formula will get you that value:

Difficulty * 2^32 / hash rate / 86400 = expected time to solve a block in days.  For a 1 TH/s miner, that value is 2020.27 days.  Number of shares, divided by number of days = expected shares per day.  That same 1TH/s miner expects to find 20116567.61 difficulty 1 shares a day.  Take that and multiply it by the value of a share and you get expected earnings on a PPS pool per day.  The 1TH/s miner expects to get 0.01237451BTC a day.

Since our friends at Discus Fish charge 4% for PPS mining, you would get 96% of expectations, which is 0.011879523BTC.

You can change those numbers to fit whatever hashing power you have to determine what your expectations would be.

Hope this helps.

Edit:

Here's the formula all nice and prettied up for you to calculate expected earnings on discus fish.

Code:

0.96 * (25 / (40640955016 * 2^32 / hash rate / 86400))

Of course, if you're feeling really lazy, go to an online calculator like https://bitcoinwisdom.com/bitcoin/difficulty, plug in your hash rate, take the resulting expected daily earnings and multiply it by 0.96.

Ahh thanks Johnnybravo0311 very good explanation!

[jonnybravo0311]

Glad to help.