50btc.com is my backup I find eligius is better I think I fixed something then one of the pools got messed up as I think Cg was putting eligius on http.
why? I'm asking in earnest.
I know we all say that it doesnt matter which pool is used as they balance out over time but I think that is false. To me, you would want to be part of the larger pool getting the majority of blocks solved such that you have the highest chance of earning btc within a day. I would think that picking a smaller pool such as something like ozarks pool or slush or possibly eligus pool you will see a larger proportion of shares per block solved, but that you wouldnt see this payout nearly as often (maybe you would be lucky and your pool would solve one block per day) My point is that I think you would see a larger per share reward if mining the same hashpower on a smaller pool but it would happen less often...so much less often that you end up losing btc when comparing day to day performance within the same difficulty cycle.
indeed.
from this viewpoint the best case imaginable would be a single pool, but not a centralized one for sure!
so a merge of a p2pool-like implementation into bitcoind would offer both: decentralization and most frequent payout possible with 0% fee
Ok so my experience goes like this - I got some BEs for super cheap maybe 8 weeks ago. (around 20 bucks each shipped) I have them all pointed to two different pools: 1st one was bitminter pool which was hashing around 35 TH at that time. I was able to get coin steadily, but then one day I just stopped getting paid It was hashing but bitminter ran into a string of bad luck, zero payouts for a day straight. I was using cex.io at that point and saw that I could point my gear towards ghash.io pool and decided to do that instead as I knew that was a guaranteeds 200+TH all mining for that single pool, yes I did get small payouts per block, but now I'm seeing a block reward on average once every 20-30 minutes not just from once or twice per day. (isnt it doubled now to approximately 400 TH+) (didnt really keep a good comparison between pools for coins earned as the difficulty jumped)...that is what made me switch to staying on ghash.io for my btc mining. HOWEVER, I am seeing that my hashrate seems to fluxuate a lot more from Ghash.io whereas bitminter seems to have less variation in hashrate and seemed to keep it high consistently.
I....just like you all......want to make as much money as possible have hashpower wasted as little as possible.