Re: [ANN][Pool][Profit-Switch][Optional Auto-Exchange per Coin][Vardiff] ~ Hashcows
Maybe I'm just not thinking correctly, but I don't see why people would "hold" a balance in a pool that charges fees as a percentage longer than a day anyway. In the case of hashcows and converting directly to BTC, it's 2.5% fee. So regardless of whether "hold out" your auto-pay to cash out @ 100 BTC, or 0.01 BTC the percentage of fees to payout is the same. I don't see any benefit to holding any BTC in the pool account.
On pools that charge a flat fee per payout, I might could understand as fewer payouts would mean less fees taken from your mining efforts...
On pools that charge a flat fee per payout, I might could understand as fewer payouts would mean less fees taken from your mining efforts...
Its called "laziness". It is in the dictionary and it is something, for what can everyone take "free" lesson
I don't understand. On one hand you reply to my suggestion that the theft could have been lessened by an AUTOMATED system having been in place that could flag abnormal withdraw activity quickly (such as every single user sending all of their coins to one single address) with "OMG its Christmas".
In fact, this was your response to pretty much everything. You assume that such a system would have to be manned at all hours of the day, and the holidays would keep them from implementing it. I said they should have had a similar system already in place BEFORE nearly every single user coin was stolen....Which would mean that they should have had it in place well before "OMG it's Christmas."
But then your most recent reply to people not cashing out timely enough for your liking is due to "laziness". Maybe they didn't withdraw in the last few days because of "OMG it's Christmas".
I'm with you on this one (as well as the logic in your previous point).
YES it's Christmas and YES Bitcoin is risky and this is 'the wild west of technology', but I would be willing to bet if a bank or someone holding your money in the wild west got broken/sick/damaged or otherwise somehow loses it, they'll be paying with their arms and legs, or their life. Yeehaw! I obviously do not wish anything like that on the HC admins, but the idea of 0% pool fees for everyone who lost coins, until the amount of 'fees' per person adds up to what they lost is a good idea for appeasing miners...
Also, anyone who doesn't feel ENTITLED to some type reimbursement - why the hell not? Why do you NOT want to put pressure on the host administrators or impose some sort of 'punishment' (aka reimbursement) for something 100% their fault? Jeez you guys must have not lost very much, or simply don't care.. If I neglect my child and he dies in a hot car on a summer's day, (it was an accident I swear!), and I promise it will never happen again, should I go without any punishment?