Quote from: organofcorti on June 17, 2016, 09:51:42 AM

Quote from: Sir Alan on June 17, 2016, 08:59:39 AM

Quote from: CarrollFilms on June 17, 2016, 02:30:23 AM

Must be a lot of new hardware going online for the pool. Saw a drastic jump to 76.00 Ph/s. Could've sworn it was 68/69 at least two hours ago.

I saw it reach 82,10 Ph/s at one point, and one block was found when the rate was 81,32. But every time somebody throws a huge amount of extra power into the mix the only effect seems to be to reduce the amount we get paid per block my subjective view is that the pool doesn't actually appear to benefit by mining additional blocks. Embarrassed

Generally, the bigger the pool the lower the variance -- and all miners want lower variability in their income, right?

What all miners want is more profit, yet they always get hung up on variance and it they end up choosing the lower variance option over better profits to their own detriment. It's a pattern that hasn't changed in years... I praise the pool ops who have the stamina to explain it over and over and over and over and over and over and...