Re: [ANN][PHS][PoS] Philosopher Stones | Fast | PoW-PoS | ASIC Resistance | Messages
PLEASE don't tell me mining will 'EVEN out" in the long term bullshit..
Mining this coin has become a HUGE waste of time LONG ago
I put 6Mhs for 24/7 and NEVER have gotten more than 40 coins in a day
yet the 'EST' tells me I should be getting 120 for Diff 20 and 400 for diff 10 etc..
But you never get a block when he diff is low..
In fact it's NEVER low except for a few fleeting fractions of a nano-pico second..
And I can watch 5-20 blocks new block blow by WITHOUT EVEN SUBMITTING ONE SHARE
Then it's back up to 24 diff and another 14 hours to get my tiny portion of the reward say 3-10 coins
AND I AM THE HIGHEST HASH RATE IN THE POOL that is VERY GOOD!!
So at a price of 0.0002 40 coins/day = a whopping $6.40 /day if Bit coin is $800
WOW BIG PROFIT for $8,000 in hardware the electricity costs MORE than that
Coinchoose and coinwarz are such BULLSHIT...they must get paid to lie.
And you want MORE miners...think MINTING will help..
Miners get shafted but Pool ops and devs make make out fine..the Balls to take 1% still
Noticed Palm is not even mining his own coin anymore...
Put an HONEST disclaimer up and stop pretending you give shit about miners profitability
Even at this retarded low rate of return....
IT IS STILL one of the best of ALL the ALT coin shit show scams...
Mining this coin has become a HUGE waste of time LONG ago
I put 6Mhs for 24/7 and NEVER have gotten more than 40 coins in a day
yet the 'EST' tells me I should be getting 120 for Diff 20 and 400 for diff 10 etc..
But you never get a block when he diff is low..
In fact it's NEVER low except for a few fleeting fractions of a nano-pico second..
And I can watch 5-20 blocks new block blow by WITHOUT EVEN SUBMITTING ONE SHARE
Then it's back up to 24 diff and another 14 hours to get my tiny portion of the reward say 3-10 coins
AND I AM THE HIGHEST HASH RATE IN THE POOL that is VERY GOOD!!
So at a price of 0.0002 40 coins/day = a whopping $6.40 /day if Bit coin is $800
WOW BIG PROFIT for $8,000 in hardware the electricity costs MORE than that
Coinchoose and coinwarz are such BULLSHIT...they must get paid to lie.
And you want MORE miners...think MINTING will help..
Miners get shafted but Pool ops and devs make make out fine..the Balls to take 1% still
Noticed Palm is not even mining his own coin anymore...
Put an HONEST disclaimer up and stop pretending you give shit about miners profitability
Even at this retarded low rate of return....
IT IS STILL one of the best of ALL the ALT coin shit show scams...
This is the whole point of the long term PoW/PoS hybrid... to make it hard to mine so electricity is not wasted in huge amounts by ever increasing mining hardware...
I have posted previously (and this has been discussed many times before if you care to look) about getting a program or pool that switches when the difficulty is low, this is beneficial to miners who are out for a profit and also to protect the network when the difficulty goes too low! Not to mention if you mine a more profitable crypto you can acquire more PHS that way....
Previous posts EXAMPLE:
You missunderstandin me. I dont want solo mining, im @ minar too when pool/network hashrate is fine.
But every few hour the hashrate goin up to sky.. and the pool losing its efficiency == wasting hash power
atm 117M network and 3M minar's hashrate => its like solomining (my +2MHs cant help on it)
And this is why im looking for that big pool
But every few hour the hashrate goin up to sky.. and the pool losing its efficiency == wasting hash power
atm 117M network and 3M minar's hashrate => its like solomining (my +2MHs cant help on it)
And this is why im looking for that big pool
You can use a script or available programs that will mine only when at certain difficulties and/or switch to other coins as needed to optimize profit. Or mine PoS instead.
and yes more minting helps to stabilize this,... but I'm not going to tell people how to mint, it's up the them
Sometimes PHS difficulty shoots very low and then I will mine it regardless , also I was helping to test out a new pool, which is also beneficial to PHS long term !