I come to you all with head down hat in hand. I aired my frustrations on a public forum. For that I deeply apologize.
Thank you Biomech for seeing the truth. I was just venting.
As I suspected would happen, much of what I said was misconstrued, or only partially read. Hopefully I can be more clear here.
1) I am not being a troll and trying discourage ANYONE about Bitcoin.
2) I am frustrated at the lengths we individual miners must go to in order to compete with CORPORATIONS that only have to expend the effort it takes to wiggle their pinky finger and drop 100 million dollars on mining equipment and the datacenters in which to run them. In a few short months, we find ourselves competing against tens of PETAHASHES on the network, generated in large part by these corporations. THAT is my primary frustration. Anything created for the good of all, which I believe Bitcoin was, can be and has been perverted by the rich and powerful.
3) Yes, I was very frustrated with not seeing anything extra from finding a block. I was deluded and venting. Boo Hoo. That was purely MY passing frustration. I knew when I posted that it is the way it is and it cannot change. I never said it SHOULD or even COULD change. I was simply frustrated that I had to share something that I'd rather not. I'm man enough to admit that. Boo Hoo for me. I get it. My bet is that any one of you would rather get that 25BTC payout than share it. Enough said, next topic.
4) Yes, I am a common man. I am currently unemployed. Yes, right now, 1.2TH is PUNY... when competing against PETAHASHES of corporate greed. The last time I checked total network hashing power two weeks ago it was 14PH, today it's 37PH. How much of that is individuals doing mining? I doubt individuals constitute more than 2% of all that power. We ALL have reason to bitch because it takes far more than 1.2TH get a decent return. It PAINS ME that the common working man cannot participate in mining and make a decent return from a level of mining power he can afford. Pool-based mining is not a necessary component of Bitcoin or any other Cryptocurrency. Pools are a reaction to the ceaseless rise of the difficulty level beyond belief, caused by those that can afford to purchase a Hell of a lot more hashing power than 1.2TH. Without pools we would all be seeing zero return from our miners except for the extremely rare found block.
Do you know (or care) how I got my 1.2 Terahashes? By ME going into far more PERSONAL DEBT than is rational, to purchase mining power. So don't accuse me of flaunting my wares, I didn't inherit my money or miners. Your envy is unbecoming. I'm simply trying to get to a level of hashing power that can support mining as an even minor profit making venture, as I know all of you attempting to do, or should be doing.
If you are doing this as a hobby, I advise you to choose another hobby. The costs of keeping your miners running will eat you alive. My electric bill has gone up $210 per month. I'll be lucky to break even between electricity and interest payments. That's my choice. You chose your limit of financial exposure to mining, I chose mine. I just happened to put more skin in the game than you. However, in the end, it is just ME ALONE choosing to compete with the Goliath that is the network of hashing power, not an over privileged wealthy family or a corporation that cares nothing about any other aspect of Bitcoin than profit. I happen to care a great deal about its potential to bring about social and governmental change, for the better.
5) Pure communism, at its roots, was about everyone pulling together for the good of all. A laudable goal. I recognize that. That system, as well as every other nation-state political organization, has been polluted and corrupted for the good of the elite, without fail.
In my frustration I used phrasing that hit upon an inflammatory response. It is your interpretation of my comments that got you all riled up, not my true meaning. I was simply referring to the purist definition of communism which eschews individual gain over the good of all.
As per dictionary.com:
com·mu·nism [kom-yuh-niz-uhm] noun
-- a theory or system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as a whole or to the state.
6) You HAD to play the nationality card. Yes, I am American. As I said in a previous post, I live in Minnesota, so I cannot deny it. Be that as it may, I do not take my personal identity from the country where I was born or in which I reside. I propose that, not saying anything about whatever country in which you reside, that you are lumping all Americans with whatever preconceived prejudice you have, and not many facts. Additionally, the American government and some of my fellow Americans have committed acts with which I take great embarrassment, not pride. Lastly, since you are making personal attacks, I have a solid enough command of the English language and grammar to know it is written "you're American" not "your American" and I punctuate it correctly as well. Enough personal bashing.
7) Why can't people make a point on this, or any other boards, without fucking swearing and impugning the educational level of the audience.
8 ) I've been mining since January, 2014. I've spent much of my life savings and credit to get seriously into mining. > I < take offense that you ASSUME you know who I am, what I am about or that I FEEL ENTITLED to ANYTHING. You know nothing of what you speak, and I have made no aspersions as to who or what anyone else on this board is about. I suggest you reign in your venom spitting fangs. Given the level of difficulty right now, I doubt I will find another block with my MEASLY 1.2TH. Keep in mind that your 500GH is quite ostentatious and offensive to someone that can't afford more than a few 1.2GH USB miners. Also keep in mind that lightening can strike anywhere and your 500GH of miners may also find a block.
Lastly, I have not written one word of denigration or complaint about Eligius or its principal operators pertaining to any of the issues that have plagued the pool recently. Read my post closely. I was just complaining about the way block rewards are handled in a childish tantrum of frustration. Authoring that post is something I regret greatly. However, the deed is done.