Post
Topic
Board Archival
Re: Mining pools list
by
s0br
on 25/03/2015, 02:13:18 UTC
BAN in the op needs to be updated.
It doesn't use PPS.
It uses a form of PPS, where PPS payments are made based on pool luck finding blocks.
Maybe this should be called something else? BFPPS? (Block Find PPS)
Since the risk is on the miners not the pool operator.

It needs to be under the modified PPS column. I recall MTRed did the same thing?
I propose calling them PPB (pay per block), since it has two fewer letter than your proposal Smiley



organofcorti I expected more from you... I was led to this post by a user...

I spend $20,000 a month buying btc to offset the variance not to mention around 200+ BTC I've had to cover from hacks and thefts from the earlier days... Even with our registrations being closed our speed is increasing... which doesn't make things easier for me.

It's 25 BTC / network difficulty + 1% to cover any tiny error margins which I've spent many months working to minimize for the sake of everyone mining. We have 30+  nodes around the world to help with block propagation.. since we pay out on orphans to unlike PPLNS.. it's also for my benefit.

I do believe we're also the only pool mining to multisig addresses at the moment. We were the first to mine a V3 block... it's not easy... I do it for free and the love of the game... and because as much as I want a safe place to have for myself in this crazy industry... it makes me happy to be able to offer it to others. Yes, I've been late with payments because I have no control over probability functions... but every other possible measure to give everyone a great mining experience... nodes around the world, as minimal rejection rates as possible.. accurate accounting... more data for people to comb through.. and on and on. We have some exciting things coming down the pipeline.

Yes.. now with the current delayed payments people do take a risk.. but they can mine a little.. test things.. mine somewhere else and wait. The idea here is to offer people another alternative...

I like mining and I wouldn't be doing this if I didn't feel I have to for my own reasons. I have 3 employees now helping with this not including me.


... ok... now to get back to work.