Guys I just did some math while waiting for a pie to bake...ya ya ya I know, I'm no mathmetician, I'm not smart enough to do a wire xfer remember? Seems 73% of the pool's hashrate is the top ten miners. there's 1075 users currently active, and that number is WAY down from when I started mining here. Not complaining, but looking at it from the angle that this is hardly a decentralized effort. I know that attracting the whales is a key step for this pool to move forward, and for all I know that 73% number might look very decentralized compared to our competition, but it seems we are losing the little guy in droves! How to keep the small timer's around I wonder? And attract more? I came here from slush and have not regretted that decision at all, but, I am starting to see my opinion shift into the minority!
I believe, that user number dropped because there were rentals connected, and they've been removed to better protect the pool.
You are correct, that we're losing smaller miners, and I believe that is price related. They simply cannot afford to pay to run their
equipment at the current price. Unless we can somehow raise the price, or lower their bills, there's not much we can do to keep
them around.
No doubt it's a hard time to mine...I'm no where near profitable right now, just trying to get through the hard times. As far as rentals, we've had this conversation. Don't think that's a factor. Alot of miners we lost are in the range between U and me (35-50th) and the big boys (say .5Ph). I'm concerned that those are an important part of the user base. I wish I could look at some other pools hashrate distribution stats for comparison (ie slush), If this is an industry wide issue, then oh well.