Re: FACTS about Multipools and why you shouldn't mine on them

Multipool is the biggest scam scheme implemented to scam the miners.You will always get less as compare to when your are mining on a single pool.

How is paying a fee for a pool to manage your hash power effectively a scam?
Sure you could micro-manage your rigs yourself and maximize your profits, but is your own time in doing that really worth less than the fee paid to multipools?

The fee is irrelevant, it's nothing. The thing is they're not taking just the fee. read the first post. They get much more by gaming the difficulty jumping coins, variable reward coins, and so on. Then they pay the miners just enough not to disappoint them.

Still yet they pay out more then you can mine on a single coin on your own or if mining a single coin in a pool. Multipools are about making money not about supporting coins. Unless you are willing to put in the work of jumping coin to coin and have multiple pools set up in your mining software to be able to do this on your own it is worth it to pay the multipool fee. I get that you are trying to help your coin but I gotta be honest, you just sound like a Dev burned by multipools because you did not look at the current landscape of mining and build the features into your coin to protect from the huge diff jump from a multi mining your coin. Since you were just a clone coin I don't really understand how you did not see this coming. Multipools may be tough on coins that are not built correctly. But they were the only answer to all the CopyCat get rich over night with premine coins that were being flooded onto the market. If you want your coin to make it show some advancement in code. Build a community to support that advancement. Greedy DEVs (Not all of them BTW) are what created this current situation with the coin markets.

I should have yeah, but I didn't see it coming because I don't watch small coins and crapcoins and KGW was "supposedly" enough. It's definitely not. Digishield is better but still exploitable (at least it keeps the time between blocks more even). Plain Scrypt is definitely not an option anymore for a new coin either.

And again, about multipools... you have it wrong:

You don't get practically any advantage by jumping coins as a single miner. The advantage is gained when you have a significant (multipool) hashrate compared to the whole net hashrate because the multipool mines at a diff that corresponds to a hashrate say 10 times lower than its own. Until it goes up, which causes the multipool to leave and screw the honest miners.
The multipool thus mines at the honest miners diff, and the honest miners mine at the multipool's diff. This can mean 10x profit for the multipool, and in time a dead coin for honest miners.
This huge extra profit the multipool makes IS NOT PASSED ON TO THE MINERS!! multipools pay barely enough to keep miners there. It doesn't take much to keep a miner lazy enough not to pick coins and pools. The multipool keeps the rest!

Yeah.. You don't have a clue how any of this works.
Your posts are downright painful to read.