Post
Topic
Board Announcements (Altcoins)
Re: [ANN]GenesisCoin|ASIC resistance|Profit calculator, chart, automatic update
by
KIMCOIN
on 26/03/2014, 21:16:11 UTC
This is why we set a condition for a miner to participate in this contest - one had to mine at least 1000 coins with us. Those who just registered their account without mining had no chance of winning 250'000 GNS

So basically anyone who just mined 1000 coins which is a few minutes worth of mining.  Ok.......yeh sounds totally legit and screws over any long term loyal miners.  Use this pool if you want guys but I would not trust operator and his other accounts which spam the forums with his pool.

Was 17 miners on your pool when you announced winners(roughly)  not one of them won, why is that?

We've got many longterm miners who mine only with CPU and don't have the large hashpower. We wanted them to participate in this contest as well. Also we wanted to make it tempting for the new miners to join us, who for some reason weren't able to mine GNS from its launch. This is why the low 1000 coins limit.

We've got over 500 registered users at gns.pool.mn and only those were able to participate who mined their 1000 coins untill 20th of March when the contest was over and the largest pools were determined. Most of the current miners registered after the contest was over