Post
Topic
Board Pools
Re: Bitcoin.com Pool, 110% PPS?
by
pornluver
on 22/04/2017, 14:11:43 UTC
Can anyone tell me how can someone paying 110% pps?

How do they make more than 100%?

You already asked in another thread and I answered.

How the hell they pay 110% PPS? Pool hoping?
Basically they're using it to attempt to fund a Bitcoin Unlimited takeover of the network by making people mine on a BU pool at the pool's loss; it's Roger Ver's owned pool and he's going to great lengths to garner support for BU.

Yes you did.

However, this guy said that it's wrong

How the hell they pay 110% PPS? Pool hoping?
Offtopic for this thread, but basically they're using it to attempt to fund a Bitcoin Unlimited takeover of the network by making people mine on a BU pool at the pool's loss; it's Roger Ver's owned pool and he's going to great lengths to garner support for BU.
Firstly, Bitcoin is peer2peer.
If the vast majority of bitcoin wants something, then that is what bitcoin now is.
Be that segwit, BU or some other better option than either of those two poor quality offerings.

Secondly, Roger Ver's ckpool/ckdb pool is making an expected profit paying out 110% PPS as I explained in his pool thread, since miners are currently expected to get around 112% PPS on a zero fee pool due to transaction fees.

If you wish to delete this post for being OT, then also delete yours since it contains false information.

Basically I want to know 110% relative to what? Say block rewards for bitcoin is 12.5. Then? He pay 13.75. How did he get the 1.25 BTC?