Post
Topic
Board Mining
Re: Deepbit Approaching 50% Once Again
by
bcpokey
on 07/06/2011, 21:04:50 UTC


If I wasn't already sure that you knew nothing from your avatar (it could be ironic) the above confirms it. Plenty of pools provide plenty of information/return comparable or superior to deepbit. There is nothing special about the pool except for two things:
Judging people by their avatars.  You must be new to the internet.  Real mature.  Plenty of larger pools? No.  bitcoinpool was one of the best in this aspect, but given I had to restart my miners 2-3 times a day, and they were idle most of the evening while I was sleeping and most of the day while I was at work, who cares?  I can't speak for the plethora of other smaller pools because I haven't tried them and I am not interested in wannabes.

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1) Highest hashing rate -- translates into lowest variance (although when there is variance, the low payout makes it very very very unprofitable).
Haven't been there long enough to confirm or deny, ill take your word for it.  Ill see how it goes for a while and adjust if necessary.

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2) Pay Per Share -- The best option for casual miners. This to my knowledge only exists on deepbit. If you are a serious miner though this is a horrible option (10% off the top).

Payouts, information, all that other stuff is just bunk though, even steven.
People need to see data to feel comfortable.  Or at least I do.  It helps drive the illusion of "can I trust this pool operator."


I didn't say anything the first time I saw your avatar, only in conjunction with your post. This negates your response.

Anywho, just look at the graph that's been posted a number of times, bitcoinpool is relatively small. Large pool alternatives -- Slush, btcguild btcmine. All larger than bitcoinpool. I've used slush and am not a fan, I've used btcguild and it's basically a smaller deepbit with idle notification (but no PPS) and a lower (or 0) fee. I can't speak to btcmine, but I've heard good things about it.

The point though isn't just that there are alternatives to deepbit that are just as good as it (which there are), the point is that if you are concerned that your magical money fountain is going to dry up, then mining on deepbit makes as little sense as staying on a pool that requires your miners to restart every night. Maybe less sense.