Post
Topic
Board Pools
Re: [440 TH] BitMinter.com [1% PPLNS,Pays TxFees + MergedMining,Stratum,GBT,vardiff]
by
Walter Rothbard
on 02/01/2014, 18:18:03 UTC
some of our effort will be lost now.

Not all lottery tickets are winners.  Every share you submit is like a lottery ticket.  It's as simple as that.

We pooled our resources, bought several million lottery tickets, and none of them were winners.  Our effort was lost.  Bummer!  But, on average, we'll keep winning a certain percentage of the time, so I'm going to keep buying tickets.