HighRoller Pool - The Pool for **BIG** Miners.

ChuckNorris

So solo mining is at least 5 percent more profitable. Depending how lucky you are?
Do i just set local in jminer settings instead? the 127.0.0.1 or whatever it is? Do i also have to have the wallet open at all timeS?

manfromafar

@ChuckNorris if your super lucky it could be 25% more profitable since your not share the other 20% with other users on the pool.

ChuckNorris

@manfromafar Any guides to setup solo mining?
With jminer

iKnow0

@ChuckNorris Another option might be to setup your own private local pool, did it with Lex's fork of the Uray pool code and it worked a treat and fairly easy to setup.

ChuckNorris

@iKnow0 Sounds great and all. But sounds like a lot of work. I'm very busy managing farms right now. I don't have time to do payouts and all of that jazz

iKnow0

@ChuckNorris you wont need to, only you will be mining at the pool.

ChuckNorris

@iKnow0 Ohh i see. I just took a look at pool setup. Still looks like a lot of work. I'd rather pay small fee to pool mine. Or solo. i just need to take a min to figure out solo setup.

haitch

@ChuckNorris It's not quite that simple - you lose the 5% for the fee, and share the block 80/20 with other miners, so you'll get less for any block you mine; however, you also get paid for blocks others mine. Theoretically, the diff between solo and a pool with 5% fee will be 5%, but it could vary either way.

HiDevin

@haitch How long do you think it will take to hit a block with ~ 24TB?

haitch

@HiDevin You should hit at least 1 per week.

Gibsalot

be interesting to see a pool mirror this one as a 20/80 split with high block count on historic , would reduce Luck factor alot. i know i think differently than most lol

haitch

@Gibsalot A socialist pool rather than a Capitalist one? If there is interest in mining on that sort of pool I'll build it.

Gibsalot

@haitch i know odd that i would think that way lol considering my political stance makes me seem a hipocrat

rds

@haitch said in HighRoller Pool - The Pool for **BIG** Miners.:

@ChuckNorris It's not quite that simple - you lose the 5% for the fee, and share the block 80/20 with other miners, so you'll get less for any block you mine; however, you also get paid for blocks others mine. Theoretically, the diff between solo and a pool with 5% fee will be 5%, but it could vary either way.

5% may sound high on the surface but don't forget if you're in a 1% fee pool that pays out after 25 or 30 accumulated burst you're paying 4-5% fee (transaction + pool fee).

This pool pays out after 1000B for a 0.1% transaction fee, or 5.1% fee.

So same as the 1% pool fee in essence.

As for the 80/20, after a reasonable period of time it is equivalent to 50/50, 60/40 etc.

haitch

@Gibsalot I don't have a problem with it - interesting concept. Get rewarded for long term loyalty to the pool.

falconCoin

@haitch sweet haitch!

Valareos

And remember, if your not big miner, come to burst.btfg.space! ~shameless plug~

LoL. to be fair, I think having different pools with different options is a GOOD thing. When everyone is just a cookie cutter clone of everyone else, you dont get any reason it mine at anything other than the Top 3.

Gimmicks and quirks that pools like this one, and mine, and a lot of others give help bring uniqueness and choice to the pool options.

After all, if your only deciding between two pools that are identical, but one has more miners, you go to more miners.. deciding between two pools where one pays asset dividends back into the pool block awards vs a higher payout to block winner? Well then you got true choice :)

manfromafar

@Gibsalot said in HighRoller Pool - The Pool for **BIG** Miners.:

be interesting to see a pool mirror this one as a 20/80 split with high block count on historic , would reduce Luck factor alot. i know i think differently than most lol

Interesting you mention that. I was just talking to ping about that for the all pool. I was thinking about flipping the rewards so that the large miners actually help out the smaller miners instead of monopolizing the shares when the block is won and in the historical.

Han Solo

@haitch "Get rewarded for long term loyalty to the pool." In this case Historic share maybe 2520 blocks? (a week) Will take some time to build stats. Socialists are known to be stable in a place and not taking risks :)

About Your pool... 5% is way to high.

haitch

@Han-Solo Suggested fee ?