Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
coyote
on 31/01/2014, 09:17:42 UTC
Sorry ahead of time for the big post, a bunch of new stuff to respond to Smiley

No, which is why I asked the question. What I was seeing on the stats page "seemed" like inefficient hopping. And yes, the potential has looked good, which is why I'm here testing on day 3. The cows got less than 24 hours from me, and hashbros even less. I'm still on middlecoin as well, and while wafflepool did better yesterday by about .002/MH, middlecoin is absolutely killing it today.  I'm at .018/MH over there, not counting my unexchanged having almost doubled.  I'll get the chance to compare to wafflepool in the morning. The way things are going though, I may just keep my rigs divided for a week or two to get a truer long term outlook.

Glad we're still in the running!  I think we've got a chance at beating out middlecoin in the long run (we're actively competing after only a few weeks of being open).  Getting compared to such a big pool this quickly is awesome from our side (means we're doing something right), and we're working on making it better every day!

Exactly this. Other pools have been quick and easy to test, using middlecoin as a baseline. Let's face it. They may be huge, uncommunicative, and expensive, but they set the standard for profits on switching pools. The worst day I ever had there was .0108/MH. So far, waffle is the only other one I've tried that comes close. On two separate occasions (after the hack), the cows couldn't even reach 40% of that payout. I won't even bother talking about bros.

So far on my third day with waffle, I'm seeing average to slightly better than average comparisons to middlecoin. While it hasn't yet earned my faith, it has earned my respect and some of my hash for a longer term evaluation. So far I've been thrilled with pool management and am looking forward to more BTC!

Faith/Trust can only be earned.  We're working hard to be as transparent as possible, and make sure we're doing what we can to be the most profitable pool out there Smiley


I've been looking at new switching pools for a few weeks now, and so far yours is the only one I've tried (only looking at autotraders) that actually does what it claims too.  I was actually pretty impressed with cows before the attack (and like the idea of keeping rather than trading certain coins), but they've been overpromising and underdelivering since their return. I have a lot of respect for the way they handled themselves, but I'm wondering if they bit off more than they can chew.

Waffle, so far, just works. No constant disconnects after coin switch is nice (I'm not downgrading my miner). Feature requests are responded to amazingly fast. Everything on the website actually works. No "please excuse us while we fix this and that" messages. So far from a service aspect, I'd vote waffle over every other without hesitation. The profits aspect is still up in the air, but so far I'm pretty happy.  The steady climb in pool hashrate has been nice too.

Please keep up the good work!

Hi - Little off topic so I apologise now. I think your test of Hashcows was probably a little unfortunate in terms of timing. They did suffer massively from their hack and have taken longer than most people expected, and they predicted, to get back on track. In the last week they have definitely moved forward and are showing good returns from their strategy. I would recommend you give them a few more weeks and perhaps take another look.

I believe that there are 3 main players now in this field.

Middlecoin - are by far the largest, give consistent, strong, returns, but have high fees, no transparency and such a ridiculous high  difficulty that they are only practical with high end rigs.

Wafflepool - (in my opinion) have the best load-balancing / switching success, fantastic development rate, returns that are improving fast and the best reporting of stats that I've seen.

Hashcows - have recently adopted an aggressive approach to new coins, offer the possibility of keeping coins on an individual basis, but still need to fix many aspects of their website as the stats just plain don't work properly right now.

From this information I have decided to adopt the following strategy as my preferred solution.

I have 50% of my hashing on Wafflepool, with Hashcows set as the backup & 50% on Hashcows with Wafflepool set as my backup. I won't entertain Middlecoin as I have some older graphics cards in my collection that are just at a major disadvantage there.