What Pool to use

shadow1117

Hello,

im new to mining so my question is what is the best pool to mine in.

i had a pretty rapid learning curve the last week as i just wanted to fiddle around with crypto currencies so i googled and landed on coinotron.
there i started with LTC wich came out to be not very profitable for me, next i tried doge wich wasnt better. i tried nearly everything they had to offer until i reached ftc wich was the first one to serve my power bill and even give a little profit.

now back to the topic is coinotron good or schould i switch to an other pool?

AcidD

Hello and welcome to mining

I use give-me-coins ive really been impressed with the way they run their pools and how fast and effective their support team is.

Some of the users here also have p2pool setup so you could mine there.

hal

Hey! I have recently set up a p2pool with 0% fee so feel free to mine there. It can be found at http://mexicat.co.uk:19327/static

A list of p2pools can be found here:

http://p2pool.neoscrypt.de

Before p2pool I use to mine at http://coinotron.com

Hope this helps!

wrapper

I would recommend p2pool, it is an open source, distributed mining solution. FTC staff, in particular Wellenreiter maintain a compatible FTC / Neoscrypt Fork.

I’d suggest trying Hal or Wellenreiter’s p2pool, if you want to take it further and learn more, you can set up your own on something like Digital Ocean or locally, on your own network / mining PC.

The devs, admins and moderators have worked hard and invested money to make FTC accessible, so it is pleasing to see your post, thanks.

https://github.com/wellenreiter01/p2pool-neoscrypt

shadow1117

as far as i understand p2pool is like mining alone but with 3 or 4 guys beside wich increases chance of hitting something but sharing the win…

it seems that the chance of actually getting coins is pretty low compared to some big one like coinotron or am i wrong?

Lordas

@shadow1117 Totally wrong - the revenue and success is the same as in normal pools. Just you get every single bit of founded solution and coin, not collected to bigger piece.

shadow1117

@Lordas so i just have to connect to someones pool wich is connected to other pools and if someone hits all get payed like PPLNS?

From @hal
“ccminer -N 60 -i 19.5 -a neoscrypt -o stratum+tcp://mexicat.co.uk:19327 -u YOUR_FTC_PAYOUT_ADDRESS -p x”
do i just have to enter my wallet address and what do i have to put in “-p x”?
i will have to change the intensity to 15 but thats ok.

Lordas

@shadow1117 Ask smth less complicated :)

Wellenreiter

@shadow1117 said in What Pool to use:

as far as i understand p2pool is like mining alone but with 3 or 4 guys beside wich increases chance of hitting something but sharing the win…

it seems that the chance of actually getting coins is pretty low compared to some big one like coinotron or am i wrong?

That’s right, if you do pool mining, you’ll get smaller parts of FTC but more frequent.
With P2pool you must count the miners on all pools or the total pool hashrate to determine how often you can expect a payout.
The drawback is, that you get payed when a block is found and not when the payout is at a given level, which leads to very small payouts sometimes.

wrapper

When choosing a pool, the distance can also make a big difference. That is why we need pools in different areas. They are also nodes holding the full blockchain.

You can get p2pool low or zero fees, which tends to make up for the “fairness”.

In P2pool you can see the shares you have earned. It has a scaling mechanism so the longer you stay on the more shares you get, to stop switchers.

One thing to watch though, you need enough hash power to earn a share a day and there is a lower limit (%of total mining), before you get a share.

hal

My p2pool is based in London, UK for anyone interested. I know that other members have pools but am unsure where they are located. The list of pools i posted above lets you know where the pools are located.

cryptogrinder

Hi @shadow1117 … you can also check out my pool https://cryptogrinder.com located in Germany, DDoS protection, Nomp based, 0% fee

AmDD

@hal said in What Pool to use:

My p2pool is based in London, UK for anyone interested. I know that other members have pools but am unsure where they are located. The list of pools i posted above lets you know where the pools are located.

I had talked to @Wellenreiter before about adding a “ping time” column to the table. Ive seen other lists where it would start a ping from the users browser to each pool and list the result. It ended up being quite a job to set this up so we never went further.

Good to see a number of pools listed there though! :)

RIPPEDDRAGON

P2Pool mining for FTC is the best way

shadow1117

Ok trying this now, its running about 2.5 hours i got 4 coins so good so far… found a lot of bugs in my software ;-)