Post
Topic
Board Service Discussion
Re: http://www.pyramining.com/ - Discussion thread (no advertising here)
by
seot
on 16/03/2014, 21:33:36 UTC
I am still not clear how these rules will affect my accounts.  I have several accounts with varying balances and bonuses (but I assume that I am not in the oldest 10).

If the new rules only apply to new deposits, does this include the queued amounts, or will it be implemented after the queue has cleared?

In short:

Will I see any benefit from the 6THash or so that is queued?

Will I now lose the 15% from referrals that I have accumulated and have it replaced by 5%?

The bonus payment seems to only come from completed accounts (which will be the oldest/ smallest and so add the smallest amount of hashing power).  This also reduces the 'bonus' everyone else gets when an account is completed and the hashing power is distributed to the rest (unless I misunderstand the concept).


I am open to a change in rules for new accounts, but I have a significant amount of BTC invested here and I am concerned that because I was an early adopted, I will now be disadvantaged.

The whole point in changing the rules is to attract more investors, but will anyone try and recruit others for a 5%/2.5%/2.5% bonus scheme?  Just a thought!


 
New rules (draft):

  • The hashing power is distributed proportionally to the power bought with each deposit, and it does not get averaged anymore. Deposits will get their real hashing power instead of being a part of the whole pool.
  • The hashing power left (completed accounts) is distributed to the 10 oldest and still active deposits as a bonus, to speed up completion.
  • The % of mined coins distributed to upper levels (sponsors) is changed. Before it was 15% to 1st level, 7.5% to second level and 7.5% to third level. It will become: 5% first level, 2.5% second level, 2.5% third level.
I am not sure, but what I understand is....new rules will be applied to new accounts and deposits and as new rule the hashing power left will be distributed to the 10 oldest deposits until completion. After these deposits are completed, the hashing power left will once more be distributed to the oldest deposits and so on  until old deposits are all completed. What about queued  deposits??...I don´t know but I am sure we will not be disadvantaged Monkey1 Smiley