Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards
Continuing to watch those high percentage scores fall into non-payable zone is getting very, very old.
I may have to look around at some of the other pools that pay out more frequently, but with a smaller payout. I know they will eventually work themselves out evenly in the long run. But...
But the long run isn't today.
I'm pretty sure that is the reason the hash power is going somewhere else. Which in turn causes a vicious circle. Less hash=longer to hit a blocks.
I thought I should chime in on this, since lengthening the payable shifts would actually force me to leave. I'm not sure how much longer I can keep my ~10.7TH of Neptune miners running anyways, but that would certainly kill it for me. Those dead zones are a gambling opportunity to save on electric without losing anything. Just 24hrs of downtime saves me $15. I hope to keep going until the halving, but we'll see. Would be great to see that idea bring more power hungry miners back to the pool, even if they only mine for around 2/3 of the month.I may have to look around at some of the other pools that pay out more frequently, but with a smaller payout. I know they will eventually work themselves out evenly in the long run. But...
But the long run isn't today.
I'm pretty sure that is the reason the hash power is going somewhere else. Which in turn causes a vicious circle. Less hash=longer to hit a blocks.
I could be wrong, but I doubt that most people leave over the payable shift length and instead leave because of the periods of bad luck. Nearly a week is a long time to see no payouts and some people just don't have the patience.
Hitting 4 or 5 blocks a month is not doing it. (That number may be, and probably is slightly inaccurate, but is probably becoming the average.) I know it evens out eventually, so I don't need to hear about that info.
rant/
Also just noticed the difficulty has gone back up again. Oh joy!
The luck has indeed been bad lately. Jan and Feb were great though, well above expected earnings, so I can't complain. Sucks when it evens itself out though. rant/
Also just noticed the difficulty has gone back up again. Oh joy!
Thank you for your pool DrHaribo! I started mining on Bitminter and will likely end here. I think BTCGuild is the only other Bitcon pool I've used. Wish I could keep going, but the centralization is a killer. Can't say I'd cry over a few KnC-sized data centers burning to the ground, lol.
