Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [QCN] QuazarCoin | Privacy&Data protection | CPU only | Optimized miner
by
pfo
on 21/06/2014, 07:03:07 UTC
Mining for pools where you are more than 1% can be rather difficult, and despite all the talk of decentralization it's actually provably less profitable to mine at a small pool than at a large pool. If it's not, then why doesn't everyone just stick with solo mining forever? Because you'll likely never find a single block that way, just like a small pool will only find blocks infrequently. A pool with 3% of the hash rate for example is likely to find about 2.7% of blocks in my experience, while a pool with 1% might only find 0.5% of the blocks. And a pool with 35% of the hash rate might find 37% of blocks. But that's a topic for discussion elsewhere.

I experimented a bit with http://qcnpool.org. With current difficulty levels for Quazarcoin it seems that starting at about 7-8KH, the pool runs smooth. As soon as the hashrate drops, it takes (much) more shares to find a block. For Monero (http://mropool.org), I had to stop the experiment as the CPU I needed to rent for this became pretty expensive...
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