Talk:Mining pool reward FAQ: Difference between revisions
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:Luke does bring up an interesting point. If there were only proportional pools, and solo would be impractical, and everybody would pool-hop, then it will reach the point that everyone mines for the youngest-round pool at each point, so it would even out while giving more power to the smaller pools. However: | :Luke does bring up an interesting point. If there were only proportional pools, and solo would be impractical, and everybody would pool-hop, then it will reach the point that everyone mines for the youngest-round pool at each point, so it would even out while giving more power to the smaller pools. However: | ||
:*Solo mining will exist, and will give a nice payout bonus over the hashrate ratio for those who can mine solo; | :*Solo mining will exist, and will give a nice payout bonus over the hashrate ratio for those who can mine solo; | ||
:*Score-based pools will exist, so proportional pools will eventually freeze and never receive a share again. | :*Score-based pools will exist, and they'll be the target once all proportional pools reach 43.5%, so proportional pools will eventually freeze and never receive a share again. | ||
:So I don't think this is really a sustainable solution. | :So I don't think this is really a sustainable solution. [[User:Holy-Fire|Holy-Fire]] 04:15, 27 May 2011 (GMT) |
Revision as of 04:15, 27 May 2011
Content dispute
I think this revision by holy-fire is the best. https://en.bitcoin.it/w/index.php?title=Mining_pool_reward_FAQ&oldid=8977
all it needs is a citation to the whitepaper describing the pool hopping attack and also a citation to the closing of bitpenny, which is strongly suspected, on statistical grounds, by that pool's operator, of being due to griefing (real-block withholding).
Subject to further user comments, i plan to revert the page to this revision. --Nanotube 20:25, 26 May 2011 (GMT)
- That revision contains FUD about pool-hopping on share-based pools (it is not an attack, and is not cheating). The only time pool-hopping creates unfair rewards is when score-based pools are involved. It also discounts as a myth, the fact that share-based pools are disadvantageous to intermittent miners. --Luke-jr 20:32, 26 May 2011 (GMT)
Pool-hopping
I strongly object to having Pool-Hopping included in this article. It's a way of cheating the system. It's a system that increases how much you make at the expense of others who are earning it in a more fair way. If pool-hopping can directly cause a system to FAIL, it should NOT be advertised as a good way to earn more bitcoins --Firestorm 23:10, 26 May 2011 (GMT)
- It is just as much "at the expense of others" as is BFI_INT, GPUs, or any other improvement in efficiency. Pool-hopping cannot cause a system to fail, and is not being advertised as good. The language is intentionally neutral, while giving all the facts. --Luke-jr 23:21, 26 May 2011 (GMT)
- It directly states that pools can be brought to a standstill using this. Anything that results in pools blacklisting them is not something to be advertised. I feel that it would be like going onto a gaming Wiki and linking to all the hacks and exploits in the game --Firestorm 23:30, 26 May 2011 (GMT)
- First I'd like to clarify that Luke's points about "score-based could lead to reverse pool-hopping" and "score-based penalized intermittance" are both wrong (as I've also tries to explain here). As for the first, my method was specifically calibrated to be immune to any round-age hopping, whether forward and reverse (and slush's method is somewhat subject to forward hopping, but not reverse). And disconnecting from a score-based pool has no effect on already submitted shares.
- Luke does bring up an interesting point. If there were only proportional pools, and solo would be impractical, and everybody would pool-hop, then it will reach the point that everyone mines for the youngest-round pool at each point, so it would even out while giving more power to the smaller pools. However:
- Solo mining will exist, and will give a nice payout bonus over the hashrate ratio for those who can mine solo;
- Score-based pools will exist, and they'll be the target once all proportional pools reach 43.5%, so proportional pools will eventually freeze and never receive a share again.
- So I don't think this is really a sustainable solution. Holy-Fire 04:15, 27 May 2011 (GMT)