Post
Topic
Board Development & Technical Discussion
Re: Suggestions for pooled BTC mining?
by
FreeMoney
on 19/08/2010, 00:24:30 UTC
I'm puzzled.  Why would anyone do this?

Effectively, we're already pooled today.  Over the long haul, every 10 minutes, someone gets 50 bones, and it's apportioned based on CPU speed.

If a slow machine isn't worth running hot for months on end to search, then why would it be welcomed (at greater value) to a pool including faster machines?  Seems to me that if you found a group of like-minded honest individuals, you'd end up with a cluster of really slow machines, rarely finding a treat, and doling out pennies to each.  Further, anyone inclined to join the pool is already running their machine anyway.

I guess I'm missing the point.

Just to reduce the variance so that you can get 1BTC/day instead of 50 every 7 weeks. If there was an easy and secure way I guess I'd be a little interested.