How still people using shared pools and not p2pool? Is there a significant advantage?

  • IP2@monero.town
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    1 year ago

    The only real advantage I see is redundancy. Other than that, people already mining in a shared pool have no reason to move. Some of them will, eventually.

    Not counting special cases like algo switching and various payment scheme pools that may be attracting miners for a number of different reasons.

      • 🤘🐺🤘@monero.town
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        1 year ago

        Yes, the first written and video guides I get in a search all walk the user how to mine to a centralized pool. More p2pool guides out there means more people will follow them.

        🤘🐺🤘

  • someone_secret@burggit.moe
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    1 year ago

    I’m playing the devil’s advocate right now, since I’m not one of them, but I’m pretty sure that there are certain mining pools that have bigger hash rates than p2pool does right now.

    This, alone, makes them more attractive to miners, since that increases their chances of getting a payout

    • crab@monero.town
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      1 year ago

      the last part is not true. after a certain hashrate, pools will be finding blocks far more frequently than miners can reach payout thresholds and the pools hashrate being larger doesnt provide any benefit.

      p2pool is way past that point, with its other benefits I still see no reason to use a centralized pool when tools like gupax are easier than configuring xmrig yourself.

      the reason so many miners use centralized pools is because of poor education and people not wanting to update their stuff. when you search “how to mine monero” you get outdated guides for centralized pools that often dont exist anymore.