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Board Beginners & Help
Re: ASICMiner Block Erupter General Question
by
mobile
on 14/09/2013, 23:44:07 UTC
after playing with BFGM miner I found that you can mine on multiple pools. So you can set your miner to mine on 2 pools, so if one pools slacks on giving you work. Your mining software will point more hashing power towards the pool that is being more efficient. Its called LOAD Balancing.
Would you mind sending me a link of how to set up BFGM miner for multiple pools because i might try to continue to run slush (they have a 2% fee if i remember right) and run on the BTCguild PPLNS.

Now remember that your 3.4Gh/s will not be hashing on multiple pools. The software allocates the hashing power. I feel as if Im diving into territory that I cannot elaborate throughly enough because of my own understanding but am only speaking on behalf of my own experience. I still have not found an answer if this is the most profitable route but makes sense in my mind to ultilize multipool mining. I must also mention that cgminer also offers the ability to multipool mine.

In short once you have the software up and running. You hit [P] for Pool management, [A] for Adding another Pool and then [C] for changing Pool managment strategy.(both for BFGMiner and CGMiner)
The below text was taken via https://github.com/luke-jr/bfgminer/blob/bfgminer/README
MULTIPOOL

FAILOVER STRATEGIES WITH MULTIPOOL:
A number of different strategies for dealing with multipool setups are
available. Each has their advantages and disadvantages so multiple strategies
are available by user choice, as per the following list:

FAILOVER:
The default strategy is failover. This means that if you input a number of
pools, it will try to use them as a priority list, moving away from the 1st
to the 2nd, 2nd to 3rd and so on. If any of the earlier pools recover, it will
move back to the higher priority ones.

ROUND ROBIN:
This strategy only moves from one pool to the next when the current one falls
idle and makes no attempt to move otherwise.

ROTATE:
This strategy moves at user-defined intervals from one active pool to the next,
skipping pools that are idle.

LOAD BALANCE:
This strategy sends work to all the pools to maintain optimum load. The most
efficient pools will tend to get a lot more shares. If any pool falls idle, the
rest will tend to take up the slack keeping the miner busy.

BALANCE:
This strategy monitors the amount of difficulty 1 shares solved for each pool
and uses it to try to end up doing the same amount of work for all pools.


Thanks in advance. I'll do a quick google search, but if you have a link with instructions/information that worked for you, I'd prefer to read into that instead of taking a while reading through potentially outdated/irrelevant information.

Also, I would mine litecoins, but there are no asics that I know of for these.

Your right, BTC ASIC's are designed to only mine BTC & currently no one has hacked them yet to do otherwise (that I know of at least  Grin) I only mentioned mining LTC because you mentioned that your squeezing out every hash you can get by ultilizing your Laptop to mine BTC & those 10Mh/s would be put to better use by mining an ALT-Crypto. Although its probaly not worth your electricity and the degeneration of your laptop. Besides NVIDIA is unefficient in mining so profit after electric cost is null.