Re: [ANN] Signatum - New Algorithm - Fair Launch

So let me get this straight you mined to a exchange address, some thing that all exchanges ask you not to do, The SiGT users that did this caused the wallet to break when it hit over 800000 transactions and now you are complaining you are not getting your deposits?,

Yes - they mined to exchange address - even though there is a clear warning not to do so - and they kept sending deposits to the wallet despite it being in maintenance and knowing there was wallet problems. They must be rocket scientists.

Name a single pool that lets you mine directly to an external wallet. I'll wait.

Youve got to be fucking kidding, right? How about ALL of them. External wallets, aka, desktop wallets!!! Anyone home up there or have you been drinking bong water again?

Wrong answer. Here's the correct answer.

Quote from: coreshift on September 22, 2017, 07:37:06 AM

There's no pool that lets you mine directly to an external wallet (with a possible exception of NiceHash). All mining profits are mined to internal wallets until a certain amount is accumulated. Either defined by the pool (e.g. YIIMP and zpool) or after a user specified amount is accumulated (e.g. MiningPoolHub). Also, all coins have already matured before they are even credited to you in those pools.

Could you imagine the chaos inflicted upon the blockchain if tens of thousands of miners could actually mine directly to external wallets.....holy shit we would see tx's numbering in the thousands per day to a single address for every miner on that blockchain? Fuck man, I can't imagine any wallet or blockchain could handle that kind of traffic. You would think that it would be common sense that pools mine to an internal wallet not owned by the miner until an accumulation warrants unloading to the miners' wallet. Unfortunately many just fail to understand the logistics and still seek to argue everything.

Of course there's the transaction fees for each and every one of those "micro" transactions. For many coins/miners it would be more than was earned from that block. Not workable at all.