Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread)
I learned a lesson today that disenchanted me with Eligius, pool mining and Bitcoin in general.
Last night, one of my miners found a block. Hope against hope, it found a block!
With only 1.2TH at my command, with odds of five quadrillion to one, it found a block! I briefly did the Snoopy happy dance. 25BTC! That's $15,750! The things I could do with that amount of money. I could pay for the miners I had gone into debt to purchase and still have a nice chiunk of pocket change! Stats were still offline so I couldn't see the impact. I went to bed.
This morning I checked my payouts... and there was nothing. Nothing but a measly 0.39BTC for four days of mining.
$15,750 had been taken from me! Distributed to the pool! Not one extra bitcoin was given to me for having the miner that did the work. Then I realized what a Communist plot pool mining is. You have no chance to rise above your station in life comrade. Your efforts are for the good of all. You shall not benefit from your efforts beyond the average level of your hashing power.
Last night, one of my miners found a block. Hope against hope, it found a block!
With only 1.2TH at my command, with odds of five quadrillion to one, it found a block! I briefly did the Snoopy happy dance. 25BTC! That's $15,750! The things I could do with that amount of money. I could pay for the miners I had gone into debt to purchase and still have a nice chiunk of pocket change! Stats were still offline so I couldn't see the impact. I went to bed.This morning I checked my payouts... and there was nothing. Nothing but a measly 0.39BTC for four days of mining.
$15,750 had been taken from me! Distributed to the pool! Not one extra bitcoin was given to me for having the miner that did the work. Then I realized what a Communist plot pool mining is. You have no chance to rise above your station in life comrade. Your efforts are for the good of all. You shall not benefit from your efforts beyond the average level of your hashing power.
I guess you do not understand the concept of a pool. Every payment you get when you do not find a block is the counter argument. There have been pools that paid the actual finder of the block a little more which reduces everyone elses payment. So if you prefer that type of pool go ahead. Or you can mine here and make a small 1000-1 odds bet at Satoshi dice each day if you want that extra thrill.