Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XRE] Revolver Coin - A rockstar among altcoins. New Algo. Fair launch
by
ocminer
on 31/05/2016, 07:41:41 UTC
two worlds about xre.suprnova.cc


WTF?! you kidding me?! I find 16 blocks (2048 coins), but i have only 950 coins in my balance


FEE 55% IS OKAY???

do you use CPU or GPU ?

And this happens when  people don't understand the statistics.. it is a proportional payout scheme.. everyone gets paid according to his hashrate, not by the Blocks you have found. Try the other pools and compare the payout and you will see it is the same.

I knew the coins paid accroding to hashrate, but some guys hashrate is high, but difficult to find blocks, what does it means?
hashrate is easy to be faked.

OMFG this conversation between ya'll is getting fucking ridiculous, ocminer explained it in the most basic layman's terms by saying hashrate, he was technically meaning shares & no you can not fake hashrate for whatever reason you think.

The way the ones complaining simply shows me that you think hitting blocks while mining in a pool gives you the whole reward or most of it.... negative, whoever is mining on that pool submitting their shares with their selected difficulty submission along with the others will get their earned percentage of the block payout that is divided between all those who have submitted shares.

You can also pool mine & hit a block really quickly after the pool has already just found one and whoever submits the most shares the quickest and hits that block gets the highest part of that of the payout, again that one is called luck and is a rare occurrence.

my english is poor, It is difficult to explain what I want to express, so stop this conversation, I'm going to  other pools for mining,
but one thing hashrate really can be faked,  I have minerd one coin before, the author did not release the source code of minerd, I used source code of wallet  to modify cpuminer, it works, but in the pool,  it only submit shares but can not find any block, and the hashrate reported by pool is large than network. This is obviously belong to fake hashrate.

This only works with vulnerable pools - if the pool op does it's homework, he can (easily) detect faked hashrate pretty well.

There are also scripts running in the background which are, for example, checking users who submit a lot of shares but never find a block - they get flagged for fake shares automatically etc..