Post
Topic
Board Pools
Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread)
by
xyzzy099
on 14/08/2014, 13:21:43 UTC
Interested why the multi hundred TH accounts don't operate as private pools?
Is it that there is no advantage especially considering the 0% fee, and basically, just much simpler to point to Eligius?

Would someone be kind enough to maybe give some calcs as to what TH you would benefit going private?

Theoretically, you will make exactly the same BTC over time mining solo as you would on a no-fee pool that pays out transaction fees (like Eligius).  The only real difference is expected variance.  If you see minimizing variance as a desirable goal, it is advantageous to pool-mine, even if you have a lot of hash power, because variance( pool + my hashpower) will always be less than variance(my hashpower).