Post
Topic
Board Mining
Re: Pool hopping... ethical or not?
by
Clipse
on 19/08/2011, 08:01:25 UTC
However it is not hoppers fault, that there are miners who submit shares with low EV. Seriously, if you found ounce of gold and sold it for 1/3 of it's market price and later you tried to sell other ounce of gold for higher price than market price without success, would you really blame other people for your loss?
It is not the hopper's fault that there are miners who submit shares with low EV. It is, however, the hopper's fault that there are miners who submit a disproportionate number of shares with low EV. That wouldn't happen if there were no hoppers. (Unless you had some kind of crazy reverse hopper who specifically chose to disproportionately submit shares with low EV.)

Quote
Hoppers are not forcing you to sell your shares to the pool for cheap. If you sell it for cheap, than it is purely your own responsibility and don't talk about covenant. We don't run a charity here and we will not skip hot deals just because you are doing bad deals with your shares.
They are forcing you, because someone has to sell shares to the pool for cheap or the pool will stall. And the hoppers aren't doing it. They don't force any one particular person to do it, but they force someone to do it. (Or the pool dies.)


Now I know where I saw your avatar before, its in the bible.

Jesus H. Christ Smiley