Quote from: cocodapuf on July 06, 2011, 03:55:11 PM

Alright, so probably what's happening here is I just don't understand how this works. How exactly are your % of the total hashes translated into payouts? What if you're the pool owner, what if you're hashing under someone, or if you're in the middle. Also, don't get me wrong, I don't think anyone's calling this a Ponzi scheme, that's just something else. But the description on the front page makes it sound... "pyramidy", maybe you just need to look at the wording.

Another question though, you mentioned you give everything back to the workers and that your income stays at 0. How do you plan to keep the site going?

I'm sorry for my last post, i had a bad day Wink

Let my try and explain this:

So, first of all, there is no middle, you only have one parent.

User1 registers , user2 registers below user1, user3 registers below user 2

-user1: gives away 1%(of his mining income) to his parent (this is the pool policy) and has no parent, this goes to the pool jackpot. (random winner, daily/weekly)

This user gives 1% to the pool, but get's more in return from his children

-user2 gives away 1%(of his mining income) to his parent, in this case user1.
This user gives 1% to the parent, but get's more in return from his children

user3 gives away 1%(of his mining income) to his parent, in this case user2
This user gives 1% to the parent, has no children. (but can get children at any time)

-- Conclusion:
- If you join and you plan on NEVER winning the jackpot than you might be better of at a 0% fee pool (not deepbit, thats 3% for the owner or 10% if pps)

- If you join and plan to bring even only one friend, you could recuperate the 1% fee, and have the possibility to make more then any other pool.

- Their are currently users actually making more then double then they would elsewhere, all you have to to is convice some friends to join you.

- If you register below someone or not, there is allways 1% if your mining income that goes back to the pool. (Jackpot or parent)