Quote from: philipma1957 on April 04, 2015, 07:20:23 PM

Quote from: aurel57 on April 04, 2015, 03:19:13 PM

Quote from: pmpool.net on April 04, 2015, 03:02:26 PM

Hi guys,

First of all, I would like to thank you all for your support and for hashing with us. We carefully analyzed all your recent thoughts and respectively made the following corrections to the pool as some of you suggested:

- pool hashrate reported on the website has been enhanced and now responds more quickly when new miners join. Basically it represents an average based on the current shift including each new share as it is submitted. So as soon as you connect a new worker, you should see the average starting to increase immediately.

- shift duration has been extended to 8 hours so more of your shares are rewarded once we find a block. This way your rentals won't be wasted if we don't hit a block soon.

Of course, any other suggestions are welcome.

Hopefully more serious miners like you join as soon as possible so we supercharge the pool and hit a block.

Great and a block would help about now.

yeah it would help.

What I am doing is a lessor version of solo mining. solo mining is all or nothing for 25 coins.

I am 17 of 105 th or 16.2 percent of 25 coins = 4.05 coins the upside is if I mine for 80 hours and stop I get 80 more hours of earning power. plus a shot at 2 bonus btc .

If you believe this operator will pay this off the math dictates to give this pool a shot.

My 17% or nothing investment will run me around .45 coins. With a chance to get 4.05 coins and the 2 coin bonus plus more if we hit 2 blocks.

Think of spinning a 10 number wheel with a 1 dollar bet if you win you get 11 or 13 dollars. most of the time you won't win since the chance is 1 of 10 but the payoff is higher then that. Many people say this is like a lotto no it is not.

play a 3 digit number and get 1100 for a 1 dollar bet does not exist in lotto.

State lotto gives 500 for a 1 dollar bet and on a bonus day maybe 600.

I will continue to take a shot here until easter morning. I may then try next week...

Thanks Phil for explaining your ideas and plans. I have jumped on and off here with rentals. I also have rented on a couple more pools but so far, not being to lucky...yet.