Would FTC benefit from PPLNS on all pools?
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Would Feathercoin benefit from more pools using the PPLNS payout system?
PPLNS, from my reading, benefits the miners who stick around continuously mining and not hopping from coin/coin or pool/pool. It stands to reason then, that if more pools used PPLNS, feathercoin as a community would benefit since more miners would stick around and mine longer for the higher rewards.
Maybe I’m misunderstanding how PPLNS works, but when I was on PPLNS my Estimated Per Payout increased as I stayed on longer mining and my payouts were higher.
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[quote name=“Tuck Fheman” post=“6002” timestamp=“1369400067”]
Would Feathercoin benefit from more pools using the PPLNS payout system?PPLNS, from my reading, benefits the miners who stick around continuously mining and not hopping from coin/coin or pool/pool. It stands to reason then, that if more pools used PPLNS, feathercoin as a community would benefit since more miners would stick around and mine longer for the higher rewards.
Maybe I’m misunderstanding how PPLNS works, but when I was on PPLNS my Estimated Per Payout increased as I stayed on longer mining and my payouts were higher.
[/quote]I thought they were all using PPLNS? Why do some offer PPS too? Which ones?
I understand where you are coming from though, I just prefer PPS, as I know what I’m getting and when.
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Coinotron is running PPS w/FTC
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[quote name=“Tuck Fheman” post=“6118” timestamp=“1369420835”]
Coinotron is running PPS w/FTC
[/quote]Nice, thanks for heads up! I should of thought to check as he was my LTC pool! 8)
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[quote name=“Tuck Fheman” post=“6002” timestamp=“1369400067”]
Would Feathercoin benefit from more pools using the PPLNS payout system?PPLNS, from my reading, benefits the miners who stick around continuously mining and not hopping from coin/coin or pool/pool. It stands to reason then, that if more pools used PPLNS, feathercoin as a community would benefit since more miners would stick around and mine longer for the higher rewards.
Maybe I’m misunderstanding how PPLNS works, but when I was on PPLNS my Estimated Per Payout increased as I stayed on longer mining and my payouts were higher.
[/quote]Yes, it would help, for exactly the reasons you listed.
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This is why I favour P2Pool as my pool of choice personally as it uses PPLNS along with it being decentralised.
The Bitcoin p2pool just hit 1000GH, I joined back when it was 200GH so hopefully it will continue to rise.
Litecoin p2pools are also growing in numbers. More p2pool FTC pools and miners wouldn’t hurt.I made a post putting together bits on how to setup a FTC p2pool over on Bitcointalk if you want to give it a go.
Very quick and easy to do running in a VM on windows and your helping the network grow.https://bitcointalk.org/index.php?topic=214786.0
And another great thread to read about P2Pool and a tiny bit about PPLNS https://bitcointalk.org/index.php?topic=153232.0
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I have to agree. The PPLNS has been good to me so far…