Post
Topic
Board Pools
Re: Eligius pool is back under the new name Ocean
by
DaveF
on 19/05/2024, 15:07:41 UTC
Anybody can say anything on twitter.

-Dave

So, you don't trust a verified account on Twitter? Damn!

Setting aside both the dislike of ocean and the fact that they didn't provide any data, it is still possible for them to be more profitable than another pool for a miner in a selected interval, we're talking about 0.1% to 0.15% of the hashrate , luck could play a huge role in it.
Going just through their data rally quickly, in the last 30 days they had 8 blocks, so they mined 0.18% of the blocks while having at max levels 0.16% of the hashrate. Now if we go one month before it drops to 5 blocks, so...

 


well they are tiny well under 1%.

so as you say doing 8 vs 7 a month means they have a good month.

but if i run 200kwatts a month at 5 cents it costs me almost 7400 for power.

and if they do 4 vs 7 I am into pocket for thousands.

Agreed, that is why more and more people are supporting PPS+ pools vs. PPLNS or any other format of getting paid.
It's a job so to speak. You submit a share you get X amount of BTC

Much like working someplace, you show up, do your job and get paid. You don't care in the day to day week to week month to month if the company is making money or not. If they have a bad month you get paid. If they have a great month you get paid. And hopefully the company keeps making money so you keep getting paid.

If VIA or Braiins does not find a block for a week I really don't care. I got paid.

-Dave