Post
Topic
Board Mining (Altcoins)
Re: [ANN] [LTC][EU/US][CPPSRB] Hypernova, your mining pool – 1% fee
by
msm595
on 31/07/2013, 21:12:39 UTC
What?

[..] We've heard your feedbacks and did a rollback this morning (11AM GMT+1) to CPPSRB with 1% fee.
We learnt from our mistake and won't change the reward system again as it seems CPPSRB is the only one people like !

Enjoy the most stable pool ever !

Soak and M0nsieurChat

I stand corrected. Either way, the error was with the PPS rate and difficulty, the 49.5 LTC is only calculated and paid out of the pools main address, so if the calculation is wrong, I guess more can be withdrawn.

Either way, this is a huge error that points to multiple problems in the handling of this pool and its software.

There are either multiple serious bugs at work here, or this is deception and fraud. Either way, this is very strong evidence that M0nsieurChat and Soak do not have the knowledge required to be running a mining pool.

Funds should be returned to balances, and withdrawals frozen until this is worked out.  If that does not happen very quickly, we all may as well be sending our hashes to notroll.in.

Keep in mind that the funds that went missing could very well be to M0nsieurChat or Soak's own accounts.  Sure there were a bunch of transfers... what's it to the admins to have multiple accounts in preparation for jacking balances?

It was a series of mild bugs and an unexpected repercussion of updating the litecoin client. Much like the airplane that crashed due to a frayed wire, a toilet clog, and unexpected toilet motor behavior, it is a freak event with some mistakes aligning to cause something unprecedented. M0nsieurChat is still much more qualified than many people running pools, a perk of actually being a sysadmin (iirc). Ltc is already being returned from some people. You can choose to believe it's an elaborate scheme by the admins, but it doesn't add up to me and many others.