Post
Topic
Board Pools
Re: [2000 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
Skydaddy
on 03/06/2014, 16:51:57 UTC
... think about it this way
instead of getting same reward for 10h you get half of it for 5h


My point is this - On say a 12 hour block, loyal miners will pay a lot for electricity.
A pool hopper comes in within the last hour and gets the same reward for a fraction of the electricity.
I do understand that we may find the block a little quicker but loyalty is not being rewarded here.

     If the cost of electricity is your issue, maybe you need to look at more efficient mining equipment. Without the pool hopping protection, we'd have more and more pool jumpers hoping to link in to the luck and with the knowledge that they wouldn't lose the effort they put in just prior to jumping off the site. Maybe we need to start a major union of miners who at specific times of the day would jump to a given pool so that all the networks hashing power would be on that pool causing then to find three blocks in a row in the great numerical blockchain of events, and then all simultaneoulsly jump back to our regular pools until the next pre-programmed scheduled "enmass jump". That would surely block the option of network dominance since no single pool would be able to tell when their group would have "take over rights" of the entire Bitcoin Network hashing power, but they would have it for the 5 to 10 minutes that it took to complete the 3 block jump. just hypothicating. and I'm sure I'll be shot out of the water quickly for offering the option.