Are Braiins Pool Honest? \ stacker news ~bitcoin

pull down to refresh

Are Braiins Pool Honest?

649 sats \ 22 comments \ @Solomonsatoshi 16 Dec bitcoin_Mining

Have been mining via braiins pool for a while now and today looking at the hashrate of my two miners...

the reported rate direct from my miners versus the rate recorded on the braiins pool page is substantially different.

The miners are reporting ~800 GH and ~3.3 TH while on Braiins they are saying the rates are ~390 GH and ~2.7TH.

The Braiins rates are for the last hour and the miners direct rates are from a similar time period.

Has anyone accurately checked the accuracy/honesty of Braiins pool?

view all related items

163 sats \ 3 replies \ @Filiprogrammer 16 Dec

Check how many accepted/rejected shares your miners have. (If the miners show that) Maybe you just got unlucky and did not find many shares in that one hour period. If you find shares only very rarely, it might make sense to mine at a lower difficulty.

And btw, Braiins Pool seems to share the same block template with other pools: https://stratum.work/sankey

0 sats \ 2 replies \ @Solomonsatoshi OP 16 Dec

Over now 12 hours the smaller miner (Lucky 7) is reporting ~800GH but doesn't show rejected rate. Braiins only reporting ~450 GH. The larger miner Avalon S3 Nano is reporting a constant real time 3.23 TH with 11580 accepted and 29 rejected while Braiins reports 2.9 TH. Yes maybe the Lucky miner has a lot rejected. Does Braiins sharing the same block template with other pools mean they cannot be cheating on payouts?

100 sats \ 1 reply \ @Filiprogrammer 16 Dec

The larger miner Avalon S3 Nano is reporting a constant real time 3.23 TH with 11580 accepted and 29 rejected while Braiins reports 2.9 TH.

Alright, so the difficulty seems fine on this one, since you are finding a share about every 3-4 seconds on average. Over which timeframe does Braiins report these 2.9 TH/s? Keep in mind that this is just an estimate based on the average number of shares you submitted within a certain timeframe.

Yes maybe the Lucky miner has a lot rejected.

Maybe... doesn't Braiins show that?

Does Braiins sharing the same block template with other pools mean they cannot be cheating on payouts?

No, this is unrelated. It means that Braiins and the other pools that share the same block template are essentially one big pool. And if you are mining with a big pool, you are contributing to mining pool centralization (at least on stratumv1).

0 sats \ 0 replies \ @Solomonsatoshi OP 16 Dec

Braiins shows the Nano hashrate at 2.9 over a one hour timeframe. Braiins doesn't show the rejection rate as far as I can see, I can see it on the Nano miner as it reports it from its dashboard- cannot find any similar rejection rate from the Lucky miner dashboard.

40 sats \ 9 replies \ @OT 16 Dec

Try mining with Ocean and compare the payouts.

0 sats \ 8 replies \ @Solomonsatoshi OP 16 Dec

Yes I have wanted to do that only the difficulty of setting up LN payments there put me off. But I do want to try another pool to compare the returns.

25 sats \ 7 replies \ @OT 16 Dec

I remember you already use coinos.io (who have bolt12), so it's just going through the steps to sign the offer. You can do this with Sparrow wallet and there's a guide on Oceans website.

0 sats \ 6 replies \ @Solomonsatoshi OP 16 Dec

Yes I saw that recently- might try to do that although not familiar with Sparrow wallet it would be great to compare Ocean as I always intended to try them. Not highly confident on the complex technical stuff but will look at it.

99 sats \ 5 replies \ @Jer 16 Dec

It takes two minutes. Very easy setup. You just have to remember to copy the ocean message from their site and paste it into the notes of the CoinOS Bolt 12 offer to get the correct message to be signed

21 sats \ 3 replies \ @Solomonsatoshi OP 16 Dec

Got LN set up configuration confirmed on Ocean! Its not too easy for non tech like me (took me 2 hours lol! to download and learn how to operate Sparrow etc but got there eventually) Only drawback is it seemed I must use the Sparrow BTC address as my primary Ocean mining address to then enable the Coinos LN address payments which means I now need to keep access to the Sparrow wallet. Maybe ok as it seems like a nice wallet and useful for this at least. Hopefully everything works ok and will be interesting to see if there's a better return or if the Lucky miner is simply not sending/getting its work adequately to the mine pool. Can at least compare results between Braiins and Ocean. Thanks for your help and suggestions.

43 sats \ 2 replies \ @OT 22h

Cool. See how you go. I did this comparison a while back too, but now I think solo mining is the way to go.

Also not sure if you knew but Ocean only pay out when a block is found unlike Braiins who average out a daily payment. Sometimes there are days when no block is found and others when multiple are found.

42 sats \ 0 replies \ @Solomonsatoshi OP 21h

Yes I am thinking about solo mining too- more fun as you have chance to win big rather than getting guaranteed to be very small payments. Yes I suspected that Ocean payouts would be only on them getting a block so it makes it a bit difficult to make a clear comparison with Braiins but still good to have got Ocean finally set up and hopefully LN payouts will work. Might end up with one miner going solo/jackpot mining and one for the small but steady LN payments.

reply on another page

21 sats \ 0 replies \ @Solomonsatoshi OP 21h

One problem I can see is that the network status delay with Ocean is a lot bigger at about 2350 ms whereas on Braiins it was around 500 ms. From here in New Zealand it may be further to the Ocean database than the Braiins one.

reply on another page

0 sats \ 0 replies \ @Solomonsatoshi OP 16 Dec

Am downloading Sparrow wallet now -I like how they appear to have good linux program support - never tried them before. Will try to set it up today.

41 sats \ 3 replies \ @daum3ns 16 Dec

I used to mine with brains before i switched to ocean but i have never seen such a difference... Of course if you turn the miner of for a while and the pool calculates an average this could explain it...

0 sats \ 2 replies \ @Solomonsatoshi OP 16 Dec

Yes but the miner is going continuously and over many hours now the miner reports substantially higher Hash rate than Braiins are reporting...especially on the smaller miner unit. I have noticed a difference before but never as large as I am seeing now. The smaller miner is showing on Braiins currently at less than half what the miner itself reports.

Ocean does sound like a more honest/ethical operator but I think its quite a bit harder to set up for LN payments.

21 sats \ 1 reply \ @daum3ns 16 Dec

Could it be the small miner can't handle the difficulty? I didn't try setting up ln payments so far..

0 sats \ 0 replies \ @Solomonsatoshi OP 16 Dec

The smaller miner reports 'best difficulty 2.88G' and has been self reporting hashrate of ~800+ GH for the last 12 hours while Braiins is reporting ~450 GH. I don't really understand what 'best difficulty' difficulty means.

21 sats \ 0 replies \ @Bell_curve 19h

#1331373

21 sats \ 1 reply \ @BitByBit21 16 Dec

Mining pool hashrates are just an estimation based on your submitted shares as they can't know your actual hashrate

0 sats \ 0 replies \ @Solomonsatoshi OP 16 Dec

Yes but they use what I send them and I depend on their honest assessment and payment. The difference between what I see on the miners and what Braiins shows is hard to reconcile unless as has been pointed out a lot are being rejected between me sending them and Braiins receiving them.

45 sats \ 0 replies \ @d680ecaa8e 16 Dec

Sometimes I think it is script running pretending mining on cloud mining sites.