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0
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1answer
62 views

Mining pool hashrate effect on a miner's income

How does the size (hashrate) of a mining pool affect the payouts? Assuming the pool doesn't pay a fixed amount per work. People tell me that the pool hashrate going up will only affect something ...
1
vote
2answers
475 views

Is PPS or DGM better for pooled mining when difficulty has a high “beta”

According to this thread on BFL, BFL_Josh says PPS may be a better bet for you if you don't like variance. However if you are mining for the long haul, DGM will pay out more but your variance will ...
0
votes
1answer
154 views

If each miner has a different share difficulty in a PPS pool, how should I calculate and reward the relative effort of each?

For discussion purposes, suppose I have an ASIC miner, several GPUs and a CPU botnet all mining with different difficulties. When a share is returned to the pool, at what difficulty threshold should ...
3
votes
2answers
1k views

How much is a mining pool share worth on average?

I know that mining pool shares have no value on their own, but it should be possible to find an average value based on the pool's average payout per share. This site describes the expected payout per ...
4
votes
1answer
190 views

How to structure a Bitcoin charity miner?

I'm working on a project involving mining Bitcoins for charity. I'm writing my own miner, and though I may eventually set up my own pool for this purpose, for now I'm planning on using existing pools. ...
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3answers
2k views

What is pool hopping?

What is pool hopping and how do pool hoppers affect other miners? Are there ways to prevent it?
3
votes
1answer
145 views

How do mining pool payout methods affect the cost of executing a block withholding attack?

I'm wondering how each payout method (PPS, DGM, PPLNS, Proportional, etc) influences the cost of executing a block withholding attack. Does it matter how the payout method places variance between ...
4
votes
4answers
664 views

Is the “double geometric” payout method for pooled mining fair to part time miners?

The "double geometric" payout method as used on the Ozco.in pool is supposed to be fair and prevent pool hopping, but is this method fair to miners that only mine for a few hours per day, as opposed ...
7
votes
1answer
2k views

How to choose the most profitable pool?

Say I have a moderate amount of hashing power and I want to maximize my profit by using the pool that would give the best rewards for mining with them, what should I look at when choosing a pool?
6
votes
2answers
424 views

Can an SMPPS (Shared Maximum Pay Per Share) pool be hopped?

I've looked at the way SMPPS (Shared Maximum Pay Per Share) payout schemes work, and as far as I can tell, there is no significant way to hop such a pool to advantage. Yet I've seen several people ...
14
votes
3answers
6k views

What is a good mining pool/payout model for infrequent mining?

I usually mine only, when I do stuff using my PC so it is on anyway. So far I used Slushs Pool but they have a score based reward system, which seem to punish casual mining. If a long round ends >15 ...