Post
Topic
Board Pools
Re: Laurentia Pool - BAD risk for miners
by
mikeywith
on 28/05/2020, 05:04:16 UTC

Well i know that i was talking about SPV mining, but don't nearly all pools conduct spv mining? If kano does not then he must state things as they are, in his reply to my topic he makes it seem like he is magically beating the odds, which is not the case.

Also fully validating blocks the way he does it "taking your words for it because I don't know if he does" lowers the pool chances of finding blocks, those who mine to his pool waste a portion of their hash power "doing nothing" until the previous block's transactions are validated and thus risking a potential empty block (The exact reasons why most large pools do the opposite)

I am not implying that one thing is better than the other to bitcoin as a whole, simply stating the potential risk and loss in the way he conducts his pool, as you may already know most miners would prefer not to risk losing a block by wasting a few seconds of mining for the sake of block rewards ( the majority probably don't care about anything but fiat profit), if Kano does that he should make it clear and then miners can chose if they want to use his pool or not, but he doesn't do that, he simply uses that fact to advertise his pool, the same thing he is doing now in this thread and his thread by attacking Ckpool, Laurentia pool and nearly all pools, every pool except for his is a terrible pool according to him.

Anyway, i am out of here, @NotFuzzyWarm thanks for the civilized conversation and friendly attitude, if people won't learn anything new from this discussion they could at least learn to be polite.