Comparison of mining pools: Difference between revisions
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Reward | ==Reward Types== | ||
* '''DGM''' - Double Geometric Method. A hybrid between PPLNS and Geometric reward types that enables to operator to absorb some of the variance risk. Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments. [https://bitcointalk.org/index.php?topic=39497.0] | * '''DGM''' - Double Geometric Method. A hybrid between PPLNS and Geometric reward types that enables to operator to absorb some of the variance risk. Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments. [https://bitcointalk.org/index.php?topic=39497.0] | ||
* '''Prop.''' - Proportional. When block is found, the reward is distributed among all workers proportionally to how much shares each of them has found. | * '''Prop.''' - Proportional. When block is found, the reward is distributed among all workers proportionally to how much shares each of them has found. | ||
Line 10: | Line 11: | ||
* '''Score''' - Score based system: a proportional reward, but weighed by time submitted. Each submitted share is worth more in the function of time ''t'' since start of current round. For each share score is updated by: score += exp(t/C). This makes later shares worth much more than earlier shares, thus the miner's score quickly diminishes when they stop mining on the pool. Rewards are calculated proportionally to scores (and not to shares). (at slush's pool C=300 seconds, and every hour scores are normalized) | * '''Score''' - Score based system: a proportional reward, but weighed by time submitted. Each submitted share is worth more in the function of time ''t'' since start of current round. For each share score is updated by: score += exp(t/C). This makes later shares worth much more than earlier shares, thus the miner's score quickly diminishes when they stop mining on the pool. Rewards are calculated proportionally to scores (and not to shares). (at slush's pool C=300 seconds, and every hour scores are normalized) | ||
[http://eligius.st/~luke-jr/samples/800MH-3/ Visual examples of the various payout methods] | [http://eligius.st/~luke-jr/samples/800MH-3/ Visual examples of the various payout methods] | ||
==Table Explanations== | |||
* '''GH/s''' - Conjoined hashrate of everyone mining at the pool. Note that pool hashrate is largely irrelevant but can be seen as a popularity measurement. Note however that it is a theoretical security issue if one pool gains above 50% of the total computational power of the network, thus consider joining a pool based on other metrics. | |||
* '''Merged Mining''' - Merged mining allows miners to mine on multiple block chains at the same time with the same hashing, at no cost to the miner. | |||
* '''Reward Fee''' - The percent of your reward the pool keeps for itself, usually to help pay server costs and to reward the pool maintainer(s). | |||
* '''Difficulty''' - The share difficulty the pool uses. Most pools use a default difficulty of 1. Some pools allow you to select your own difficulty, useful for larger miners. Some pools use a dynamic difficulty that changes to be perfect for your own hashrate. | |||
==DGM Pools== | |||
{| class="wikitable sortable" | {| class="wikitable sortable" | ||
|- | |- | ||
! Name !! Location !! GH/s | ! Name !! Location !! GH/s !! Merged Mining !! Transaction fees !! Reward Fee !! Protocol !! Launched !! Difficulty !! Forum !! Website | ||
|- | |||
| [[Coinotron|Coinotron]] || Poland || 70 || No || kept by pool || 0% || [[getwork]] || 2011-07-06 || 1 || [http://forum.bitcoin.org/index.php?topic=26727.0 1] || [http://www.coinotron.com Link] | |||
|- | |||
| [[Eclipse Mining Consortium]] || USA/EU/AU/Asia || 1900 || [[NMC]] || kept by pool || 0% || [[getwork]], [[getblocktemplate]] || 2011-06-14 || Choosable/Dynamic || [http://forum.bitcoin.org/index.php?topic=16385.0 1] || [https://eclipsemc.com Link] | |||
|- | |||
| [[MaxBTC]] || USA || 220 || [[NMC]] || kept by pool || 0% || [[getwork]] || 2012-03-15 || 1 || [https://bitcointalk.org/index.php?topic=68734.0 1] || [https://www.maxbtc.com/ Link] | |||
|- | |||
| [[Ozco.in]] || USA/EU/AUS || 750 || [[NMC]] || shared || 2% || [[getwork]] || 2011-06-07 || 1 || [https://bitcointalk.org/index.php?topic=14085.0 1] || [https://www.ozcoin.net Link] | |||
|} | |||
<references/> | |||
==*MPPS Pools== | |||
{| class="wikitable sortable" | |||
|- | |||
! Name !! Location !! GH/s !! Merged Mining !! Transaction fees !! Reward Fee !! Protocol !! Launched !! Difficulty !! Forum !! Website | |||
|- | |||
| [[Eligius]] || Germany || 300 || [[NMC]] || kept by pool || 0% || [[getwork]], [[getblocktemplate]]<ref name="local">Miner-local getwork proxy available.</ref> || 2011-04-27 || 1 || [https://bitcointalk.org/index.php?topic=23768.msg298069#msg298069 1] || [http://eligius.st Link] | |||
|- | |||
| [[pool.itzod.ru]] || Russia || 360 || Converted to BTC || shared || 0% || [[getwork]] || 2011-08-01 || 1 || [https://bitcointalk.org/index.php?topic=25127.0 1] [https://bitcointalk.org/index.php?topic=44024.0 2] || [https://pool.itzod.ru/ Link] | |||
|- | |||
| [[PolMine]] || Poland || 160 || No || shared || 1% || [[getwork]] || 2011-06-13 || 1 || [http://forum.polmine.pl/ 1] || [https://polmine.pl/?setlang=en Link] | |||
|} | |||
<references/> | |||
==PPLNS== | |||
{| class="wikitable sortable" | |||
|- | |- | ||
! Name !! Location !! GH/s !! Merged Mining !! Transaction fees !! Reward Fee !! Protocol !! Launched !! Difficulty !! Forum !! Website | |||
|- | |- | ||
| [[ | | [[BitMinter]] || Germany || 1100 || [[NMC]] || shared || 0% || [[getwork]] || 2011-06-26 || 1 || [https://bitcointalk.org/index.php?topic=27062.0 1] || [https://bitminter.com Link] | ||
|- | |- | ||
| [[ | | [[BTC Canada]] || Canada || 2 || No || kept by pool || 1.5% || [[getwork]] || 2012-08-08 || 1 || [https://bitcointalk.org/index.php?topic=99741.0/ 1] || [https://btccan.com/ Link] | ||
[ | |||
|- | |- | ||
| [[ | | [[P2Pool]] || Earth (P2P) || 300 || Solo Mining<ref>P2Pool supports merged mining but payouts in the merged chain are not pooled.</ref> || shared || 0%<ref>People are donating ''to'' P2Pool miners to encourage people to use it. The P2Pool author also accepts optional donations.</ref> || Proprietary<ref name="local">Miner-local getwork proxy available.</ref> || 2011-06-17 || Choosable || [http://forum.bitcoin.org/index.php?topic=18313.0 1] || [https://en.bitcoin.it/wiki/P2Pool Link] | ||
|- | |- | ||
| [[ | | [[Triplemining]] || EU || 90 || No || kept by pool || 0% || [[getwork]], getmemorypool<ref name="local"/> || 2011-06-28 || 1 || [http://forum.bitcoin.org/index.php?topic=23664.0 1] || [http://tinyurl.com/triplemining Link] | ||
|- | |- | ||
| [[ | | [[pool.mkalinin.ru]] || Russia || 70 || No || kept by pool || 0% || [[getwork]] || 2011-07-20 || 1 || [https://bitcointalk.org/index.php?topic=30703.0 1] || [http://pool.mkalinin.ru/ Link] | ||
|- | |- | ||
| [[ | | [[alvarez.sfek.kz]] || Kazakhstan || 3 || No || kept by pool || 0% || [[getwork]] || 2012-04-19 || 1 || [https://bitcointalk.org/index.php?topic=80135.0 1] || [http://alvarez.sfek.kz/ Link] | ||
|} | |||
<references/> | |||
==PPS Pools== | |||
{| class="wikitable sortable" | |||
|- | |- | ||
! Name !! Location !! GH/s !! Merged Mining !! Transaction fees !! Reward Fee !! Protocol !! Launched !! Difficulty !! Forum !! Website | |||
|- | |- | ||
| [[ | | [[50BTC]] || Germany || 3200 || No || kept by pool ||3% || || [[getwork]] || 2011-11-11 || 1 || [http://bitcointalk.org/index.php?topic=54673.0 1] || [http://50btc.com/ Link] | ||
|- | |- | ||
| [[ | | [[Bitclockers|BitClockers]] || USA/EU || 250 || [[NMC]] || kept by pool || 8% || [[getwork]] || 2011-05-27 || 1 || [http://forum.bitcoin.org/index.php?topic=10127.0 1] || [http://bitclockers.com/ Link] | ||
|- | |- | ||
| [[ | | [[Bitparking]] || USA || 130 || [[NMC]], I0C, IXC, [[Devcoin]] || kept by pool || 2.5% || [[getwork]] || 2012-01-08 || Choosable || [https://bitcointalk.org/index.php?topic=57148.0 1] || [http://mmpool.bitparking.com/pool Link] | ||
|- | |- | ||
| [[ | | [[btcmp.com]] || Germany || 60 || No || kept by pool || 4% || [[getwork]] || 2011-06-28 || 1 || || [http://www.btcmp.com/ Link] | ||
|- | |- | ||
| [[ | | [[CoinLab Protected Pool]] || USA || ? || No || kept by pool || 2-5% || [[getwork]] || 2012-08-09 || 1 || [https://bitcointalk.org/index.php?topic=99643 1] ||[https://bitcointalk.org/index.php?topic=99643 Link] | ||
|- | |- | ||
| [[ | | [[DeepBit|DeepBitPPS]] || Germany || 4200 || No || kept by pool || 10% || [[getwork]] || 2011-02-26 ||1 || [http://forum.bitcoin.org/index.php?topic=3889.0 1] || [http://deepbit.net/ Link] | ||
|- | |- | ||
| [[ | | [[Eclipse Mining Consortium|Eclipse Mining Consortium PPS]] || USA/EU/AU/Asia || 1900 || [[NMC]] || kept by pool || 5% || [[getwork]], [[getblocktemplate]] || 2011-06-14 || Choosable/Dynamic || [http://forum.bitcoin.org/index.php?topic=16385.0 1] || [https://eclipsemc.com Link] | ||
|- | |- | ||
| [[ | | [[Horrible Horrendous TT]] || USA || 15 || No || kept by pool || 1% || [[getwork]] || 2012-08-29 || Choosable || [https://bitcointalk.org/index.php?topic=95378.0 1] || [http://hhtt.1209k.com/ Link] | ||
|- | |- | ||
| [[ | | [[Mining Team Reddit (MtRed)]] || USA/EU || 650 || [[NMC]] || shared || 0% || [[getwork]] || 2011-05-25 || 1 || [http://forum.bitcoin.org/index.php?topic=15929.0 1] [http://reddit.com/r/mtred/ 2] || [http://www.mtred.com/ Link] | ||
|- | |- | ||
| [[ | | [[NMCBit|NMCBitPPS]] || USA || 20 || [[NMC]] || kept by pool || 6.6% || [[getwork]] || 2011-08-01 || 1 || [https://bitcointalk.org/index.php?topic=33612.0 1] [http://dot-bit.org/forum/viewtopic.php?f=6&t=268 2] || [http://www.nmcbit.com/ Link] | ||
|- | |- | ||
| [[ | | [[Ozco.in|Ozco.in PPS]] || USA/EU/AUS || 750 || [[NMC]] || shared || 4% || [[getwork]] || 2011-06-07 || 1 || [https://bitcointalk.org/index.php?topic=14085.0 1] || [https://www.ozcoin.net Link] | ||
|} | |||
<references/> | |||
==Proportional Pools== | |||
{| class="wikitable sortable" | |||
|- | |- | ||
! Name !! Location !! GH/s !! Merged Mining !! Transaction fees !! Reward Fee !! Protocol !! Launched !! Difficulty !! Forum !! Website | |||
|- | |- | ||
| [[ | | [[BitArena]] || EU || 1 || No || kept by pool || 0% || [[getblocktemplate]] || ? || 1 || [https://bitcointalk.org/index.php?topic=112243.0 1] ||[https://www.bitarena.net/ Link] | ||
|- | |- | ||
| [[ | | [[Bitcash.cz|Bitcash.cz]] || Czech Republic || 5 || No || kept by pool || 0% || [[getwork]] || 2012-09-14 || 1 || [http://bitcash.cz/forum/ 1] || | ||
[http://bitcash.cz/pool/ Link] | |||
|- | |- | ||
| [[ | | [[Bitcoin_Pool|Bitcoin Mining Pool]] || USA || 70 || No || kept by pool || 0% || [[getwork]] || Unknown || 1 || [http://bitcoinpool.com/forum/ 1] || [http://www.bitcoinpool.com/ Link] | ||
|- | |- | ||
| [[ | | [[Bitcoins.lc]] || EU || 60 || No || kept by pool || 0% || [[getwork]] || 2011-05-27 || 1 || [http://forum.bitcoin.org/index.php?topic=10121.0 1] || [http://www.bitcoins.lc/ Link] | ||
|- | |- | ||
| [[ | | [[DeepBit]] || Germany || 4200 || No || kept by pool || 3% || [[getwork]] || 2011-02-26 ||1 || [http://forum.bitcoin.org/index.php?topic=3889.0 1] || [http://deepbit.net/ Link] | ||
|- | |- | ||
| [[ | | [[NMCBit]] || USA || 20 || [[NMC]] || kept by pool || 3% || [[getwork]] || 2011-08-01 || 1 || [https://bitcointalk.org/index.php?topic=33612.0 1] [http://dot-bit.org/forum/viewtopic.php?f=6&t=268 2] || [http://www.nmcbit.com/ Link] | ||
| | |} | ||
<references/> | |||
==Score Based Pools== | |||
{| class="wikitable sortable" | |||
|- | |- | ||
! Name !! Location !! GH/s !! Merged Mining !! Transaction fees !! Reward Fee !! Protocol !! Launched !! Difficulty !! Forum !! Website | |||
|- | |- | ||
| [[pool. | | [[Bitcoin_Pooled_Mining|Slush's pool (mining.bitcoin.cz)]] || EU/France || 1600 || [[NMC]] || kept by pool || 2% || [[getwork]], [http://mining.bitcoin.cz/stratum-mining stratum] || 2010-11-27 || Dynamic || [http://forum.bitcoin.org/index.php?topic=1976.0 1] || [http://mining.bitcoin.cz/ Link] | ||
|- | |||
| [[BTCMine]] || UK || 65 || No || kept by pool || 0% || [[getwork]] || 2011-03-11 || 1 || [http://forum.bitcoin.org/index.php?topic=4251.0 1] || [http://www.btcmine.com/ Link] | |||
|- | |- | ||
| [[ | | [[BTCWarp]] || USA || 50 || No || kept by pool || 0% || [[getwork]] || ? || 1 || [http://www.bitcoinbalkan.com/forum 1] ||[http://www.btcwarp.com/ Link] | ||
|} | |} | ||
<references/> | <references/> | ||
== See also == | ==See also== | ||
*[[Pooled mining]] | *[[Pooled mining]] | ||
*[http://bcx.me/ Bitcoin Mining Pool Tracker] | *[http://bcx.me/ Bitcoin Mining Pool Tracker] |
Revision as of 04:28, 30 September 2012
Reward Types
- DGM - Double Geometric Method. A hybrid between PPLNS and Geometric reward types that enables to operator to absorb some of the variance risk. Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments. [1]
- Prop. - Proportional. When block is found, the reward is distributed among all workers proportionally to how much shares each of them has found.
- PPLNS - Pay Per Last N Shares. Similar to proportional, but instead of looking at the number of shares in the round, instead looks at the last N shares, regardless of round boundaries.
- PPS - Pay Per Share. Each submitted share is worth certain amount of BC. Since finding a block requires <current difficulty> shares on average, a PPS method with 0% fee would be 50 BTC divided by <current difficulty>. It is risky for pool operators, hence the fee is highest.
- SMPPS - Shared Maximum Pay Per Share. Like Pay Per Share, but never pays more than the pool earns. [2]
- ESMPPS - Equalized Shared Maximum Pay Per Share. Like SMPPS, but equalizes payments fairly among all those who are owed. [3]
- RSMPPS - Recent Shared Maximum Pay Per Share. Like SMPPS, but system aims to prioritize the most recent miners first. [4]
- CPPSRB - Capped Pay Per Share with Recent Backpay.
- Score - Score based system: a proportional reward, but weighed by time submitted. Each submitted share is worth more in the function of time t since start of current round. For each share score is updated by: score += exp(t/C). This makes later shares worth much more than earlier shares, thus the miner's score quickly diminishes when they stop mining on the pool. Rewards are calculated proportionally to scores (and not to shares). (at slush's pool C=300 seconds, and every hour scores are normalized)
Visual examples of the various payout methods
Table Explanations
- GH/s - Conjoined hashrate of everyone mining at the pool. Note that pool hashrate is largely irrelevant but can be seen as a popularity measurement. Note however that it is a theoretical security issue if one pool gains above 50% of the total computational power of the network, thus consider joining a pool based on other metrics.
- Merged Mining - Merged mining allows miners to mine on multiple block chains at the same time with the same hashing, at no cost to the miner.
- Reward Fee - The percent of your reward the pool keeps for itself, usually to help pay server costs and to reward the pool maintainer(s).
- Difficulty - The share difficulty the pool uses. Most pools use a default difficulty of 1. Some pools allow you to select your own difficulty, useful for larger miners. Some pools use a dynamic difficulty that changes to be perfect for your own hashrate.
DGM Pools
Name | Location | GH/s | Merged Mining | Transaction fees | Reward Fee | Protocol | Launched | Difficulty | Forum | Website |
---|---|---|---|---|---|---|---|---|---|---|
Coinotron | Poland | 70 | No | kept by pool | 0% | getwork | 2011-07-06 | 1 | 1 | Link |
Eclipse Mining Consortium | USA/EU/AU/Asia | 1900 | NMC | kept by pool | 0% | getwork, getblocktemplate | 2011-06-14 | Choosable/Dynamic | 1 | Link |
MaxBTC | USA | 220 | NMC | kept by pool | 0% | getwork | 2012-03-15 | 1 | 1 | Link |
Ozco.in | USA/EU/AUS | 750 | NMC | shared | 2% | getwork | 2011-06-07 | 1 | 1 | Link |
*MPPS Pools
Name | Location | GH/s | Merged Mining | Transaction fees | Reward Fee | Protocol | Launched | Difficulty | Forum | Website |
---|---|---|---|---|---|---|---|---|---|---|
Eligius | Germany | 300 | NMC | kept by pool | 0% | getwork, getblocktemplate[1] | 2011-04-27 | 1 | 1 | Link |
pool.itzod.ru | Russia | 360 | Converted to BTC | shared | 0% | getwork | 2011-08-01 | 1 | 1 2 | Link |
PolMine | Poland | 160 | No | shared | 1% | getwork | 2011-06-13 | 1 | 1 | Link |
- ↑ Miner-local getwork proxy available.
PPLNS
Name | Location | GH/s | Merged Mining | Transaction fees | Reward Fee | Protocol | Launched | Difficulty | Forum | Website |
---|---|---|---|---|---|---|---|---|---|---|
BitMinter | Germany | 1100 | NMC | shared | 0% | getwork | 2011-06-26 | 1 | 1 | Link |
BTC Canada | Canada | 2 | No | kept by pool | 1.5% | getwork | 2012-08-08 | 1 | 1 | Link |
P2Pool | Earth (P2P) | 300 | Solo Mining[1] | shared | 0%[2] | Proprietary[3] | 2011-06-17 | Choosable | 1 | Link |
Triplemining | EU | 90 | No | kept by pool | 0% | getwork, getmemorypool[3] | 2011-06-28 | 1 | 1 | Link |
pool.mkalinin.ru | Russia | 70 | No | kept by pool | 0% | getwork | 2011-07-20 | 1 | 1 | Link |
alvarez.sfek.kz | Kazakhstan | 3 | No | kept by pool | 0% | getwork | 2012-04-19 | 1 | 1 | Link |
PPS Pools
Name | Location | GH/s | Merged Mining | Transaction fees | Reward Fee | Protocol | Launched | Difficulty | Forum | Website | |
---|---|---|---|---|---|---|---|---|---|---|---|
50BTC | Germany | 3200 | No | kept by pool | 3% | getwork | 2011-11-11 | 1 | 1 | Link | |
BitClockers | USA/EU | 250 | NMC | kept by pool | 8% | getwork | 2011-05-27 | 1 | 1 | Link | |
Bitparking | USA | 130 | NMC, I0C, IXC, Devcoin | kept by pool | 2.5% | getwork | 2012-01-08 | Choosable | 1 | Link | |
btcmp.com | Germany | 60 | No | kept by pool | 4% | getwork | 2011-06-28 | 1 | Link | ||
CoinLab Protected Pool | USA | ? | No | kept by pool | 2-5% | getwork | 2012-08-09 | 1 | 1 | Link | |
DeepBitPPS | Germany | 4200 | No | kept by pool | 10% | getwork | 2011-02-26 | 1 | 1 | Link | |
Eclipse Mining Consortium PPS | USA/EU/AU/Asia | 1900 | NMC | kept by pool | 5% | getwork, getblocktemplate | 2011-06-14 | Choosable/Dynamic | 1 | Link | |
Horrible Horrendous TT | USA | 15 | No | kept by pool | 1% | getwork | 2012-08-29 | Choosable | 1 | Link | |
Mining Team Reddit (MtRed) | USA/EU | 650 | NMC | shared | 0% | getwork | 2011-05-25 | 1 | 1 2 | Link | |
NMCBitPPS | USA | 20 | NMC | kept by pool | 6.6% | getwork | 2011-08-01 | 1 | 1 2 | Link | |
Ozco.in PPS | USA/EU/AUS | 750 | NMC | shared | 4% | getwork | 2011-06-07 | 1 | 1 | Link |
Proportional Pools
Name | Location | GH/s | Merged Mining | Transaction fees | Reward Fee | Protocol | Launched | Difficulty | Forum | Website |
---|---|---|---|---|---|---|---|---|---|---|
BitArena | EU | 1 | No | kept by pool | 0% | getblocktemplate | ? | 1 | 1 | Link |
Bitcash.cz | Czech Republic | 5 | No | kept by pool | 0% | getwork | 2012-09-14 | 1 | 1 | |
Bitcoin Mining Pool | USA | 70 | No | kept by pool | 0% | getwork | Unknown | 1 | 1 | Link |
Bitcoins.lc | EU | 60 | No | kept by pool | 0% | getwork | 2011-05-27 | 1 | 1 | Link |
DeepBit | Germany | 4200 | No | kept by pool | 3% | getwork | 2011-02-26 | 1 | 1 | Link |
NMCBit | USA | 20 | NMC | kept by pool | 3% | getwork | 2011-08-01 | 1 | 1 2 | Link |
Score Based Pools
Name | Location | GH/s | Merged Mining | Transaction fees | Reward Fee | Protocol | Launched | Difficulty | Forum | Website |
---|---|---|---|---|---|---|---|---|---|---|
Slush's pool (mining.bitcoin.cz) | EU/France | 1600 | NMC | kept by pool | 2% | getwork, stratum | 2010-11-27 | Dynamic | 1 | Link |
BTCMine | UK | 65 | No | kept by pool | 0% | getwork | 2011-03-11 | 1 | 1 | Link |
BTCWarp | USA | 50 | No | kept by pool | 0% | getwork | ? | 1 | 1 | Link |