Post
Topic
Board Pools
Re: [850 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
Namnuta
on 15/04/2014, 15:21:49 UTC
No one will take that as criticism because you clearly have no clue. This is a mining pool, not a how to on bitcoin mining. Its a service, no one asked you to join our pool. Its on you to do your do diligence, because if you did just a simple Google search you would realize that the days of mining with GPU, or CPU is long long gone (Like your over a year to 2 years behind).  So as a miner that's been in the game since late 2010, don't take offense, but leaving bitcoin mining to the big boys ok. If your not in the Gigahash range, mine litecoin.  Oh and i really feel you cant defraud the stupid. And FYI min payout is .1 .

oh and to humble you even more. Previous poster mis quoted. Our pool in 1.3 PetaHash/sec

...With a total of 28 shares for an unconfirmed total of 0.00000065 BTC.    I'm averaging between 12.915 to 10.500 Mhash/s.

Does this seem correct?  Less than 1 penny for all the resources I've loaned?

Don't take this as a criticism, but "all the resources [you've] loaned", even at the high estimate of 12.9Mh/s, comes out to less than 1/10,000 of a percent of the total shares input to the current pool hashrate, which is currently clocking over 1.3 Terrahashes/sec.

And the last 24 hours has been a GOOD pool day, that's about twice the payout (since we've found twice as many blocks) that you would normally expect to see in a statistically average day.  As OrganOfCorti said, if you're mining on GPU or CPU, the current difficulty and mining rate of the global BTC pool is so much larger than your capacity to mine on that hardware that it's not efficient.

Then you wont take this as a criticism when I say, nowhere on your website does it say, "reg CPU users will need to run their computer for a total of FIVE YEARS to generate 1 bitcoin".   I'm confident you DEPEND on the thousands and thousands of us "workers" who are under educated and dumb enough to run our computers for 24 hours to yield the lack of result while you keep everything we generate and have no choice to abandon because you won't payout less than 1 bitcoin.   Now I understand why information is pretty scarce.  It's clearly a deliberate intent to defraud.