Post
Topic
Board Pools (Altcoins)
Re: █▓▒░-< [ZPOOL.CA][BTC Multipool] The miners multipool >-░▒▓█ Paid 900+ BTC
by
aarons6
on 29/09/2016, 19:55:47 UTC
you would probably make more if you just let it pay you in bitcoin and buy the coins of choice yourself.

I do did get paid in BTC but still got short changed.

If what you say is true why is it always a large negative difference, and where are the missing coins going?
The pool mined a whole block but only paid out 80% of it.

like i said before, looking at the code it doesnt look like this pool cares about blocks..

it only cares about how much bitcoin they are worth..

say you are mining skien and you got a digibyte block.. to this pool this block isnt worth 974.887 DGB its worth 0.00053619 btc.. since it seems to be sent straight to the exchange and cashed out to the hot wallet as soon as its matured.

then when it comes time to pay out everyone.. it converts the btc back to dgb, if you tell it to, and sends you that amount, minus exchange fees and tx fees.

so by the time you reached your min payout of .005 or sunday which is lower, your dgb block of 974.887 coins might be only be worth 940.523 or whatever.

this pool isnt designed to be mining coin 'a', and getting paid out in coin 'a' if the exchange is turned on.. which it is..

you would make more mining coin 'a' on a different pool that only mines coin 'a'..

you might not even make as much coin 'b' auto exchanging coin 'a' on this pool vs if you do it yourself.. its just convenient to have it done automatically.

its a script, it cant guess market ups and downs.. it just looks at the value, throws the coins on the exchange and if they are in range sells them.

its also doing a very good job on the sha256 coins..

it really seems that the only algos people are having issues are the ones that only have one or two coins?