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Author Topic: Pay Per Share Clarity  (Read 907 times)
OmegaNemesis28
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July 10, 2012, 09:07:29 PM
 #1

I've been out of the mining stuff for about a year so excuse my ignorance/stupidity/whatever you name.

But if I'm pool mining, and I'm being paid per share, does it really matter what pool I mine into?
Am I more likely to get more coins out of a huge, populated, and TH/s pool as opposed to a smaller, more closed, GH/s  pool?

I mean, I just don't want to give up and leave my older pool (no naming) that I used to mine on. But if the profit is elsewhere, it is elsewhere you know.

I'm not one for donations but if you must go ahead and I will keep you in mind. =)
http://payb.tc/omeganemesis28
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DeepBit
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July 10, 2012, 09:22:21 PM
 #2

But if I'm pool mining, and I'm being paid per share, does it really matter what pool I mine into?
Am I more likely to get more coins out of a huge, populated, and TH/s pool as opposed to a smaller, more closed, GH/s  pool?
If your pool is real PPS and payment is automatic/regular then the only difference is the fee and connection quality.

Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks !
Coming soon: ICBIT Trading platform
OmegaNemesis28
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July 10, 2012, 09:25:37 PM
 #3

But if I'm pool mining, and I'm being paid per share, does it really matter what pool I mine into?
Am I more likely to get more coins out of a huge, populated, and TH/s pool as opposed to a smaller, more closed, GH/s  pool?
If your pool is real PPS and payment is automatic/regular then the only difference is the fee and connection quality.

Ok that is what I had thought. I wasn't entire sure. Thank you for the response.

Now the decision is whether or not I will stick with pay per share, or go with another method, now that I'm back into mining. Proportional payouts seem to be enticing.

I'm not one for donations but if you must go ahead and I will keep you in mind. =)
http://payb.tc/omeganemesis28
DeepBit
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July 10, 2012, 09:40:27 PM
 #4

Now the decision is whether or not I will stick with pay per share, or go with another method, now that I'm back into mining. Proportional payouts seem to be enticing.
Proportional payout is viable only in the biggest pool, otherwise poolhoppers may affect your earnings.
If you want non-PPS payout in a small pool, try DGM.

Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks !
Coming soon: ICBIT Trading platform
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