S Hi everyone, I am Jhan, I have registered on the forums recently and have decided to start (or not) with tochopost (the kind that nobody reads integers) on finding the best pool for mining bitcoins.
Before you can select a pool, you should know the basics about mining bitcoins, for this you need to read this other tochopost.
In the old days, few people undermined Bitcoins so difficult to do so was very low. A processor (CPU) average gamma, a good internet connection and a portfolio of bitcoins was all you needed to have 50 Bitcoins in your wallet after a few days. Of course one bitcoin not worth one euro at the time. In fact, the price was $ 0.09. Soon people began to have hype about a payment currency could be sent over the Internet as the emails or instant messages are sent. This caused the bitcoin gradually rise in price and thus the amount of people interested in mining bitcoins. This caused an increase in the difficulty, that is, having more people bitcoins undermining the chances of being your (yes, you) who find and complete an entire block, they were increasingly low.
Soon, the miners realized that the graphics cards from NVIDIA and AMD undermined bitcoins thousands of times faster than a processor (AMD specifically was the best), but the power consumption of these was entirely disproportionate and catastrophic for our bill light, remained certain profit margin
Bitcoins ascended demand more and more to the point that the December 4, 2013 the price of bitcoin reached $ 1,147.25.
During the boom bitcoin suffered between 2010 and until today, the hardware companies (and scammers) have not missed an opportunity to cash in on it. The miners gave first welcome Dedicated Hardware, hardware designed specifically for mining bitcoins and that is good for nothing more. First came the FPGA, Field Programmable Gate Array for its acronym in English that was translated as field programmable gate array. These devices could be programmed specifically for mining bitcoins. Although they did not much faster than a Blast chart, if the electricity savings that left much profit margin was remarkable. Those were followed FPGA ASIC current, Aplication Specific Integrated Circuit or Application Specific Integrated Circuit, instead of these scheduled for mining bitcoin, they have chips physically designed to undermine bitcoin and they will not do anything. The ASIC undermine thousands of times faster than an FPGA and use less electricity.
The only fault I have every specific hardware imbroglio is that it is not just for you. Everyone can dispose of it making its use in a battle of R & D which in turn raises the even more difficult mining bitcoin. All this increase of difficulty makes finding a block on your own (mining only) is impossible with hardware that a human person can afford.
That's where the pools or pools of miners into action.
The function of a pool is to combine the work of many miners to find a block that currently has an approximate value of 25 BTC (although it is anticipated that in 2016 its value is 12.5 intrinsic technical questions of the bitcoin). Then block the profits are divided according to the work done by each.
Of course it does not end here, Bitcoin has no official pool or anything like that, in fact, if you have the technical knowledge they enough, you can create your own pool. Thus, we choose our pool cautious as our telephone company. Each pool has its advantages and disadvantages, fortunately has no commitment to stay or anything like that, if you're not sure which pool to choose, it is advisable to choose a group of candidates and try them all for a period of time, this It is the best way to see which get more benefits.
Some of the pools best known are:
Slush Pool: For the record, that is the first of this list does not mean it is the best, do not try and discuss what the best pool, there will always be someone who believes differently. This pool offers a simple, beautiful interface and offers many constantly updated data, but this does not fool you, charge neither more nor less than a 2% interest to discount our work. Although this last summer they offered mining without fees for the duration of this. In addition, recently added mining of Namecoins do not need to do anything special for it, because when they believe undermine namecoins is more profitable, the miners receive blocks namecoin which the pool will pay for bitcoins trade Forex. Payment is based on a scoring system that is calculated using a fairly complicated equations that after all it a PPLNS (that is, we pay part proporcianal the last number of shares) but with peaks and troughs stabilized . This pool miners are currently offering a combined capacity of 32,50Ph / s, which of course varies continuously. This pool only allows connections to the Stratum protocol.
Bitminter: Although not the most important, this pool has a rather poor interface with few not very well organized data. The computational power of this pool is currently 3320Th / s, charged interest of 1%, but if we have access to certain skills and access to jobs with reduced API or have to increase "optionally" that interest difficulty. This pool also offers mining of Namecoin, of course, as is logical (not really) the pool will not make the slightest effort to change the namecoins so we have to put up with them. By the way, I mentioned that the mining of namecoins can not deshabiitar ?. This pool pay PPLNSG us using the method similar to PPLNS, with the difference that the shares are grouped into groups known as "shifts" which are charged together. This supports Getwork pool, Stratum and Getblocktemplate connections.
BTC Guild: Nope, nope just this pool closed on June 30, 2015 so that it is not doing this here, anyway if you let in some bitcoins have until September 30 to get them. You better hurry.
EclipseMC: No, MC has nothing to do with Minecraft, Mining Consortium actually means, you better have gone mistake not undermining or grass blocks instead of blocks of bitcoin. Do not be fooled by the consortium, this pool is no more serious than others. Currently this pool is getting 1320Th / s miners. DGM used as a payment system, this method is similar to PPLNS with the difference that if the round is short because a lot of luck, the operator will absorb part of the payment to release a longer round with little luck. Generally, this pool does not charge interest, though, if we do not like the method of payment default, we can choose the PPS, with which we will pay for each share we complete without any conditions, even if the block is orphaned or is not valid, for the risk that the operator assumes, interest will be a monumental 5%. Supports Getwork, Stratum and Getblocktemplate.
Eligius: This pool has a minimalist and simple interface, it offers an organized manner, the data we need, no more, no less. Look no way of registering, as this pool does not require (or allow) you register. Your username will be your bitcoin address, so, you know how to repay, and although generally no password is required if you need to change any settings, your password will be a message signed with your wallet. This pool does not charge any interest. The payment is calculated by CPPSRB system, which functions as a PPS with the difference that if a block is very long, payment is stored, since PPS pays you for each share and that the value of a share depends how many shares have been needed to complete the block, they will opt to pay the amount stored when they complete a shorter block in which they are needed less shares and therefore these will be worth more. Currently they handled 14900Th / s allowed Getwork, Stratum and Getblocktemplate connections.
Ghash.IO: Its interface has a nice design and a lot of well organized and continuously updated data. They do not charge any interest and let you undermine Bitcoin, litecoin + Dodgecoin, DRK or a mixture of many Altcoins based on which is more profitable, you choose. Payments are based on PPLNS. Currently manage a potential 5,50Ph / s connections only support Stratum. In addition, this pool is managed by Cex.IO, a popular platform trading box, which means that when we have our bitcoins, the same pool providers offer us a way to tradearlos by Altcoins or real money.
AntPool: This pool is managed by BITMAIN, the very manufacturers AntMiner. It is a great detail that a manufacturer of ASICs customers a pretty good pool where AntMiner use their newly acquired. Although the bandwidth of your website Pena connection to stratum protocol is very fast which means that you should have no problem to undermine this pool, after all, you not like them HASHNEST users (company Mining cloud getionada by ... guess who ...), whose only option is AntPool, had problems with their contracts, and that most of its 75Ph / s come from there. They have recently remodeled their website with a new design and lots of advertising against your AdBlock will not do anything since they advertise their products ... in Japanese. In this pool you can choose different payment methods, PPLNS with which we will not charge any interest, PPS having an interest of 2.5% and only consisting of a leap of faith and hope that our team has the vast mining lucky to find a block of 25 Bitcoins, no pressure, but these alone against your entire network (though that is used by companies or individuals with especially large mining contracts). In the latter case the serious interest of 1%
One thing to keep in mind is that we should not choose a pool for the sake of having more users or greater power hasheo. In the network of Bitcoin, a new block appears every ~ 10 minutes. A pool with more power will not necessarily find hasheo blocks faster, but if you're more likely to find a block. Take for example two pools with just one method of payment: one with 1000th / 2000th sec with other / s; no matter who we choose, our mining team will perform the same amount of work. Putting such that we have a 5th ASIC / s; in the first our contribution will be 0.5% while the second will be 0.25%. Considering all this and the pools as our contribution paid; we can say that: In the first pool would receive ~ 0,125BTC per block, but the odds of that pool are located a block ~ 0.20%, ie ~ 1 in 500 blocks. In the second pool we would receive only ~ 0,0625BTC per block, but the chances of finding a block amount to ~ 0.41% ie ~ 1 in 250 blocks. In a nutshell: "The chickens come by leaving."
Although we must also take other aspects into account, in larger pools, mining tends to be more stable and rewards take less time to be processed, while the smaller pools are more unstable and take longer to process payments. Besides all this, we must also take into account the power of our team of mining, the powerful computers can operate at higher difficulties, while small difficulties require lower to run, something that not all pools offer since a low difficulty results in many cheap shares completed quickly that could potentially overload a large pool.
Another thing to consider is that mining in a pool do not solve life and the world of mining in pools is not a world of roses. BTC Nuggets, F2Pool and Antpool have used a mining method known as SPV mining in the end that once a block, begin to undermine follows from this without checking. Recently, July 4, 2015, an incident occurred this that caused a branch in the main chain of Bitcoin in which bitcoins were unsafe and should be checked twice before being able to know if they were valid, this caused total losses of $ 50,000 among users of these pools. It is also known (or strongly suspected) that BitMinter, BTC China, CKPool, Eligius, Slush Pool P2Pool and have been used to validate 0.9.5 Core Bitcoin blocks when the version 0.10.2 was recommended at that time, since the 0.9 .5 was vulnerable to denial of service.
Come on, I know you're waiting for me to say this: This is ..................... ............. all Smiley
It took almost 1 day to collect and write all these data I have handwritten. I hope it is useful to any novatillo who wants to start in mining Bitcoins and do not know what these pools or which to choose.
If you encuntras algyn erwor (<like this one) or some data that is not quite correct to tell me and I will correct soon.
Sweet Dreams (believe me, you sleep better after reading this)
