So, about those mining pools
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I'm honestly quite surprised that nobody has built a pool for Sia yet. We're getting large enough that it's going to appear on our priority list again. I didn't feel bad telling people to accept 5-10 blocks per month on their single GPU rig, but now requiring you to have 6+ GPUs just to be able to mine effectively is a genuine problem.
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I'm quite surprised that the dev team haven't set up a pool yet...
I personally don't mind, but the fact that there isn't one keeps a lot of miners away..
Just an idea: if the team would offer a reward for a pool, i'm sure one will be set up quite quickly :)
Greetings
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Maybe we can crowdfund a small bounty? +standard pool fees, seems attractive. personally I wouldn't know where to start.
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A pool would definitely be helpful. Have been running a 5 cards rig and got nothing.
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Like i said on slack, been throwing 55Ghz at it for the past 5 days, got me 2 blocks.. i have a rather big feeling in my little left toe that there's a pool or 2 out there.. :)
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@Heliox this would make a fair bit of sense, since the difficulty is so high, nobody in their right mind with a dozen cards would be mining right now without a pool, I mean purely mathematically, statistically, whatever, the network cannot be solo miners at this point, it makes no sense, even with Ethereum's recent tumble.
maybe there is a botnet mining? I've seen it with my own eyes on other algorithms, but that would imply a pool first.
the scale suggest the majority is legit though, meaning people are operating pools underground, behind scenes and keeping tight lipped. interesting. which would imply they aren't looking for miners, they're looking for network supremacy.
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It's something.. or a pool (a few) or a botnet or FPGA's..
Anyhow, this sucks.. there will be a huge dump coming if it is like i think it is..
Oh well..
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I guess what has always bothered me about having no Sia pool available is that only the largest miners are able to reduce their variance which to me goes against the basic principles of decentralization. I agree with Taek that when mining with a small number of GPU's used to produce a reasonable amount of blocks it wasn't really that much of an issue. Now however I think we've clearly reached a point where there is a strong disincentive for small miners to even stay in the game which I think is counterproductive in terms of growing Sia's userbase and ecosystem. I'm really not sure either why it hasn't happened yet, especially compared to ETH which has been around for nearly the same amount of time as Sia and it now has around a dozen pool mining options. I'm not really sure what the best solution is, but I've sent a note to two ETH pool operators (with whom I have no relationship or affiliation other than as a miner) Nanopool and Dwarfpool to see if they have any interest in Sia mining, but so far I have not had any response. Would love to see some progress here.
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@Heliox Are FPGAs even capable of hashing blake2b? efficiently?
@redrockmining
Sending a note to the pools is a great initiative, I'm sure one would be interested and the rest will follow. and i agree, if there's such a disincentive for the small miners (I say small including 3 rig miners at this point) then they'll back away and head off to ETH or whatever is available, which as you say is bad for the eco-system.I'm curious if there isn't a network explorer, as there is with ETH, with a nifty pie chart showing where the hashrates come from or at least their size.
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They should combine the pools with the hosts, so every host is a pool too..
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Stumbled across this a few days ago.
I'm working with someone to have a pool up and running (for testing) probably by end of week.
I can't release too many details yet, but I'll make an official post when it goes live or we are looking for testers.
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@xurious Expect that! I want to try, if you open
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@xurious said in So, about those mining pools:
Stumbled across this a few days ago.
I'm working with someone to have a pool up and running (for testing) probably by end of week.
I can't release too many details yet, but I'll make an official post when it goes live or we are looking for testers.
Yeah, nice that people are working on that..
The only thing is.. Can siad handle all the traffic/requests?
Over here, with only 50+Ghz, Siad tends to go crazy from time to time.. just sayin... :)
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@xurious
That's fantastic news, even if there are setbacks, it's good to hear people with the savvy are seeing it through. thanks for the heads up.
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As @Heliox brought up, the siad is certainly going to need some tweaking to compensate for a higher load.
I'm not sure when testing will come around, but if anyone would like throw be in the testing group, send me a PM. I will get details sorted out once we move into alpha.
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@xurious I would like to help testing / developing a pool.
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There are a few that are already working on one i believe..
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Ours is ready for beta!
The problem is the miners don't support using a pool yet. Working on patching this now.
Until this is done, it doesn't matter how many pools are functional.
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This post is deleted!
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Welcome to Nanopool SIA mining:
http://sia.nanopool.orgPPLNS 2% commission
