Post
Topic
Board Mining (Altcoins)
Re: [ANN] Dogecoin Pool doge.scryptpools.com - 2% fee
by
Autobot
on 31/12/2013, 23:00:20 UTC
I have lost 130K+ to the pool and it is a lesson learned.

Here are a few tips that may help prevent large losses going forward:
  • Research potential pools and read any forum posts before joining
  • Set up automatic payouts (I set mine to payout after a few hours worth of work so I do not lose much)
  • Enable payout notification and watch for your email alerts
  • Check your wallet transaction history regularly to make sure payouts are occurring (In case a shady pool operator fakes the email confirmations)
  • If you have enough hashing power you can spread your miners among a few different pools in case one decides not to pay

Hope this helps!