Thinking about starting a mining pool, need advice

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Posts: 20 · Reputation: 65
#1Jul 16, 2017, 12:21 AM
Hey everyone, is there a thread about starting your own mining pool? I wanna know what I need for a Bitcoin pool and maybe BCH too. Any tutorials out there?
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0xRav3nNewbie
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#2Jul 17, 2017, 12:32 AM
Check the Mining section here. You might wanna post there for better answers. Don’t forget about the Mining Support boards, could have what you’re looking for.
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atlas51Member
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#3Jul 18, 2017, 11:29 PM
Requirements I’ve seen are pretty straightforward: Dedicated Servers Tier 3 with backup. Server specs: 8-16 core CPU, AMD EPYC or Intel Xeon. 32-64 GB RAM for good share processing. Need fast NVMe SSDs, at least 2TB for full BTC and BCH nodes. 1 Gbit/s internet connection with DDoS protection.
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hawk420Full Member
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#4Jul 21, 2017, 12:34 AM
You can go with umrbel OS, it has a public BTC pool option. Downloads the BTC node but in pruned mode it’s like 600 MB only. 8 core and 16 GB RAM should be enough with a 100 GB SSD.
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shrimpNewbie
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#5Jul 21, 2017, 03:15 AM
Mining core on Linux is popular, even on Windows. It’s easier for newbies, just set it up and configure the coin node. Don’t forget to check out Docker too. YouTube has good tutorials on it.
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hawk420Full Member
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#6Jul 21, 2017, 06:49 AM
Check out axe btc on Umbrel, it’s a community mod. Just add it from the community store and it’s mostly auto. Just wait for the node sync, but remember to use pruned mode.
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#7Jul 21, 2017, 07:39 AM
Umbrel or ZimaOS are great for beginners. You don’t need high-end CPUs, just a decent modern one works fine. 16 GB RAM is solid, and for BTC you’ll want 2TB, while 1TB is fine for others.
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atlas51Member
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#8Jul 22, 2017, 12:27 PM
Ever tried with low-end hardware? Umbrel is good for BTC and Lightning, but you’ll need decent specs for a pool unless you’re mining solo. More hashrate means more power needed.
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gang2015Member
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#9Jul 22, 2017, 02:25 PM
Also check this repo: github.com/benjamin-wilson/public-pool. You just clone it and run a simple Docker command.
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sat_alphaMember
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#10Jul 22, 2017, 07:42 PM
Running a pool is tougher than it seems. The tech side is one thing, but getting miners to join is the real challenge. Without hashrate, blocks take ages to find.
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pr0to88Member
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#11Jul 23, 2017, 01:26 AM
Good luck making it public. Getting to 1 EH is tough, that’s like 1 block per week. And cold streaks happen, so if you hit a long one, people might bail.
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eric.satSenior Member
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#12Jul 23, 2017, 02:16 AM
So true, running a pool means you need a full node, solid software, security, and a payout system. Testing with open-source software is cool, but public pools are serious business.
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atlas51Member
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#13Jul 24, 2017, 04:31 AM
I doubt new pools will face DDoS attacks right away. The hard part is attracting users, especially for Bitcoin. The top pools have been the same for years.
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defi1337Member
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#14Jul 24, 2017, 08:06 AM
What’s the goal here? If you’re trying to start yet another pool, convincing 1EH to switch is a tall order. Better options exist if you’re after transparency or lower fees.
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atlas51Member
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#15Jul 24, 2017, 10:23 AM
Big miners won’t join without a solid reason. You’ll need to invest a lot and work hard for years, especially since the number of Bitcoin pools is dropping. Practicing on BCH could help, but it won’t get you fast profits.
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#16Jul 24, 2017, 10:36 AM
+1 to that. It’s a long game, not a quick win.
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