Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched
by
YAdaminer
on 07/03/2014, 11:50:33 UTC
Thought I'd ad something to the Leetpools discussion.

These are my own thoughts and theorys, so correct me if I'm wrong.

The blocktime on UTC is fast, and both Leetpools and Nitro uses Prop payout (right?). So for you to get what they predict you need to have shares in every block they find. And blocks can be found pretty fast on these pools, so you'll miss out on quiet a few of them because the vardiff is actually set too high.

I also thought I got too few coins on these pools, so I changed to greekpool as my primary and Leetpools / nitro as backups. Smaller pool = more time to get shares in between blocks. I also got better results on Greekpool.

Any thoughts on this?

This is right, Leet have problems and Nitro have  too many blokcs with 0,01% procesing (10 of last 30 blocks) where all 50 coins goes to block finder so their luck percentage on average is let say better than other pools but in reality for majority of miners luck is not even close to predictions with even calculated 108% - 110% luck cause shares miners submiting are mostly in blocks 20% - 50% - 250% or even 400% so again, every miner have to check pool stats and see what pool is best for him.