Post
Topic
Board Pools (Altcoins)
Re: [ANN][Pool][Profit-Switch][Optional Auto-Exchange per Coin][Vardiff] ~ Hashcows
by
skyhawk
on 10/01/2014, 17:51:25 UTC
For people concerned about payouts, there's something important to remember. Even before the hack, mining on a multipool has delayed gratification compared to mining directly.

Your shares don't count until the round ends
After the round ends some coins take time to mature so they can be used for trading
After all coins are mature they may take a day or two to fully trade with the automated system (Or longer if there's an exchange or automation problem!)

While the Hashcows crew has been exceptional about trying to provide transparency, it's a complicated process. Even before the hack this process wasn't fully transparent.

I'm not saying there isn't a problem, and I'm not saying the lack of a ledger isn't frustrating (It is!), but posts of "I mined for one day and got shit pay-out" aren't very helpful or informative. As has been stated in previous posts, the pool has been severely damaged by this hack, and the admins are still doing damage control and trying to get the ship righted.

This is a pool for the lazy. I'm too lazy(and paranoid) to run wallets for all these altcoins. I'm too lazy to follow the markets closely and chose the most profitable coin. If your need for clear (documented) profit outstrips your laziness than this isn't the pool for you to be mining on right now. Nobody will think less of you if you go mine somewhere else for a week or two while Hashcows gets fixed.