Post
Topic
Board Announcements (Altcoins)
Re: BiblePay - New Coin Launch - Official Thread
by
SEO_Account
on 29/01/2018, 23:01:56 UTC
regarding the state of the pool I believe the only long running problem it has ever had is the subsidy system. this is now badly abused. all you have to do is double-click on a record in the 'block distribution' tab on the pool site. look at the top ten miners there. some are mining fairly with serious hash but many have split  their (still considerable) hash into over a hundred very small workers to maximize their return. this has at least two serious effects.
1. it actually dilutes the benefit that genuine small miners receive
2. it is the largest disincentive to putting a decent amount of hash on the pool as a large percentage now simply enriches people with more hashpower than you yourself!

another effect is that no-one really knows how much their hash contribution is really worth. i have no idea whether i would be a net donator or a net receiver of subsidy, i suspect the latter. Either way i believe the current situation is both unfair and unjust.

ps no-one is mining 'against' the pool. people are just mining.


Its enjoyable when speaking to an individual who asserts oneself with authority on a subject, and quite another when one talks surely and appears to be incorrect about every facet.

Im sorry if I sound scathing, but, if the pool payout system was that crooked, I dont think anyone would pool mine.  And the very first requirement to writing a pool is paying a distributed amount per contribution relative to others.

So you are saying that large miners have an advantage?  Everyone else is saying small miners have an advantage.

The pool pays out in variable hardness shares.  Clicking on a large miners row and seeing how many physical machines only tells us how many physical machines they decided to spend money on.  It does not show any "advantage" - from what I can see.  Where do you get that "guess"?

Uh, yes, all those guys are mining "against" the pool.  They are not solo mining.  Why do you "guess" that?  PS they are against the pool because they are mining fractional shares.  And getting rewarded for them.  

How do you not know whether you are a donor or not when we have detailed pool reports?  Donor sounds like a blood delivery system.

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Slovakia, lets let SEO tell us his two day results compared to pool first.  

I took my miners off solo after about 16 hours and 0 blocks. Sorry.  Sad