Flypool/Bitfly Miner Centralization

@AlexComan After 24 hours I’m seeing nanopool pay out just as much as Flypool, if not more.

I think a proxy server can help with the latency issue.

I just switched over my workers this morning. My motive was that Flypool has too much of the hashpower.

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I think it’s worth the time for everyone who reads this post to switch away from Flypool. You might just make more elsewhere and you’re also helping hashpower decentralization.

I did not find flypool paying more over time, actually less. But they do find more blocks but it is divided against more people. I am not shilling for nanopool, I just want more people to leave flypool so they will eventually loose there 60% or so of the hash power. It’s too much for one pool. As more people switch to other pools, they will be more evenly spread rewards across the network

So far I’ve found equal or more payouts from Nanopool over the last 24 hours. The experiment continues but Flypool taking more shares than advertised is a deal breaker for me ever mining there again.

That’s a tall order accusing them of actually stealing shares. I wouldn’t put it past some pool to do just that, but really, what evidence do we have to prove such nefarious practices? I would love to show the community that a pool is doing just that. It would be the end of them.

How would a proxy server improve latency? If anything, I would suspect it would increase latency, as the ip connection has to bounce through even more servers, between a rig and the pool.

Is there an app for nanopool (like flypool) where I can open it and see that everything is running, hash rate, rigs, payout per min, hour, day ,week, month?

If yes, (where is it?) you can have my H/s at nano

nanopool monitor app on playstore?

You mean like a miner watch bot?
try FarmWatchBot

Or how about from the app store: Miner Observer

Yep. I wouldn’t have done it if the evidence didn’t confirm that accusation.

Flypool: 30ms latency for N shares
Nanopool: 150ms latency for N + 5% shares

Nanopool same or more actual payouts in the last 24 hours.

Both claim 1% fee, nanopool shows more accurate Sol/s and pays out just as much or more.

That means Flypool is stealing from everyone that continues to mine there. Their fee is 5% instead of 1%, which amounts to millions stolen per year for them.

And they can’t blame lack of money for updating their software to be more accurate either.

I can’t use @Undertrey product, I like him too much and I am too cheap to pay him (because he deserves to be paid) to use his incredible product.

Same things I noticed, plus the number of rejected shares went way down.
Payout and balance on Nanopool is something to get used to, but for what I can tell so far, although the payouts aren’t that regular anymore, they are higher then on Flypool.

Why? He certainly doesn’t mined people using his FREE version. It gives him a test bed. Miners will pay him what they can. I just mined to him for 24hrs. ~= $50 USD He also did me a solid and implemented a new mod to the software that allows for a delayed start of the OC software. I’ll pay him every time I ask and he delivers a new modification.

I’ve often entertained the idea that some pools may take from the less “loyal miners” and give to the more consistent miners. This is total speculation on my part, but I could see how this would work at keeping large loyal miners. Not considering the pool hoppers and the spike miners like Nicehasher, even

Nanopool does have and app. It’s in Google app store, don’t know about apple

52 hours later, I’m still getting positive data. Latency has held up at around 170 ms for me on US East, but average hash rate is still up around 3% and my balance continues to grow at a slightly higher rate than Flypool. I continue to be pleased with Nanopool.

re: the Zecproxy…did you end up trying this out yet? Any initial data?

Very much related…I just wanted to confirm how one goes about setting up Zecproxy. Specifically, once the Zecproxy config.json is properly edited, and you’ve updated your mining batch file, do you:

  1. Start Zecproxy → then Start your miner
  2. Start your miner → then Start Zecproxy

Does it matter? Clearly, the " @root "of the problem is an incomplete conceptual understanding on my part regarding how these two programs interface, so if @PistoleDev or anyone feels up for clarifying how that initial handshake happens, I’d be very grateful.

Need Linux version :slight_smile: :slight_smile: