Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BEAM | Mimblewimble | Private | Scalable | No ICO | No Pre Mine
by
rgsnedds
on 09/01/2019, 08:23:56 UTC
SPARKPOOL does not publish blocks mined
SPARKPOOL has over 60% of the network


for these reasons alone, you should NOT be mining there. if you do not know why, you simply shouldn't be mining.

Spark working normal. But if you don't like Chinese language,
you can reconnect to another pool. I receive >16 BEAM's   :-)

if 'working normal' means you are happy to let them hide which blocks they mine, then feel free.
it's got nothing to do with language.

Is this from a previous experience with another currency or do they do this with Beam? If so, how can we verify this?


you can verify it by trying to find the block list of the pool - you won't find it because it's hidden.

It's true that they'd better be much more transparent, but having said that there's no way to audit ANY pool, even when they are displaying all blocks found by the pool. The only way to come close to auditing the pool is to see how much your miner is earning over a period of time with the network difficulty throughout. I'm not supporting their lack of info here but don't trust a pool just because they are displaying the blocks, as far as checking pool integrity, it's worthless information.



This also is true, there are many many ways that a pool op can skim the coins you mine but it is also easy for a pool op to list all payouts from each block at the UI, which would encourage miners to feel more trust for a pool.