New miner !
-
Hey there,
I recently discovered and started mining FTC with the beautiful tool that is nsgminer and my rather old GPU and was looking for some advice to get me going.
Anyway, I’m glad to be a part of your beautiful community.Sal
-
Welcome! What advice are you looking for? What are your plans? Goals?
-
Hi Saltaris - Happy mining!
-
All kind of advice you could give me to get me going.
Is it better to use P2Pool rather than the pool I’m currently using on coinotron.com ?
By looking at the pool stats, I saw that the best miners’ hashrate was reaching 15 MH/s or so, what kind of config do you need to get such a speed?
What do you use in term of GPUs, miner softs ?Thanks for your messages anyway !
-
Pool performance can vary for various parameter. The ping rate, for instance… Best just try both for a period and see which works best.
With the current level of miners, it is possible to solo mine FTC. Although, that is “random” when you will get a payout, you will get all the FTC for that block. There will become a point when you might wait a long time or never get a block, when your hash power is too low a percentage of all miners.
I would always use p2pool as it is the “official” decentralised pool. p2pool is a bit like solo mining, in that payouts are split between the shares when a block is found. There does come a point when you don’t have enough hash power to get 1 share a day, you will not get a payout.
You can also run your own p2pool and connect that way …
-
Well thanks for that, I shall try P2pool and see which one of the two I prefer
-
They each have pros and cons. One thing I dont like about p2pool is the tiny payments you endup with. You get paid more often for “solo” mining which is great but I feel you get paid too often. Adjusting your difficulty helps but only so much. On the flip side, you can be in control of your own pool if you set it up yourself.
