Post
Topic
Board Announcements (Altcoins)
Re: [ANN] HUSH Secure Private Messaging and Transactions [Equihash]
by
SlowGrowth
on 17/08/2017, 22:50:09 UTC
I mined for a week on miningspeed a month ago and got about 25% less coins than WhatToMine predicted. I then Switched my rigs to Suprnova and got the right amount there.
I'm all for spreading the hashrate but I'm not for less reward.

And by doing so, you contribute to the problem even more, making it more difficult for the smaller pools to get an equal share and centralizing power even more until it won't be possible to reliably mine anywhere else due to the large luck-swings...

The reason why you get less is because of the variance. On a smaller pool you need to mine for longer to average out the same amount of blocks as you do on bigger pools.

Would you pay somebody for the lower reward on a pool? I don't think so, so why should somebody say "oh there are already 50% lucky miners on a profitable pool, i will go on a bad pool where i get much lower reward just to avoid theoretical 51% issues"?

I mine where i get the most out of my hashing power as nobody would give a shit if i mine for less just to avoid some theoretical issue. Why not telling the miners on suprnova they should leave to make spots free for others? Wink

Believe it or not, there are actually people in this scene that do things out of righteousness and not because of sheer greed...

Also, as mentioned before, you only do get less because the variance. I am pretty sure if you would mine on the same pool for 1 month, your payouts would be very similar, if not identical, but there is no need to try to convince you, since you have already made up your mind.

I started mining on Suprnova almost 2 months ago and so far mined hundreds of Hush.
The website is nice and functional and it just works. The competition is simply not good enough to make me switch.

All the pool websites that I see on the Hush list are functional and just work, and at times are even more competitively priced than suprnova. As soon as the hashrate goes somewhere else, guess where you will go? Exactly Smiley

Oh, you seem to know me? How about the next x100 coin prediction since you supposedly have a crystal ball?

I was merely stating that if a different pool gets over 50% hashpower, that you most likely would join that pool instead, am I wrong in my assumption? If so, then please forgive me in misjudging your character and all the power to you for supporting your nr.1 pool regardless of their hashpower!

Your assumption is absolutely wrong. There are reasons people defend suprnova pools so vehemently... regardless of hashrate these are among the best pools. OCMiner has time and time again proven to be a trustworthy community member. He has taken the time to make a stable mining environment and gone above and beyond to continue being a part of all of this. Hell he threw up a BitcoinCash pool shortly after the split AND MINED A BLOCK with the best coinbase sig EVER!

Point me to a pool where the sysadmin is this active, responsive and upfront with their operation? Point me to a pool that is as easy to use as ALL these are? Point me to a pool sysadmin that anyone else has expressed they were OK with having more than 51% of the hashrate... GL you won't really find it. Altcoin pools break 51% hash all the time and it is not an issue if you have trust in the sysadmin.

Seriously take the time to read this whole thread... because for every FUD 51% post here... there are triple or more posts defending OCMiner and suprnova. It's not blind faith, it's historical fact.

100% i make his words mine ( he for sure writtes way better then i do xD )