Post
Topic
Board Pools
Re: [1450 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]
by
Phedwell
on 21/06/2014, 00:05:11 UTC
And what about the rest of you foolios? Five blocks in five days? And Koi found most of them. Come on! He should be saying the same things about having to carry the weight of the rest of us right now.

This is not true.   Just because one person solved that particular block does not make the work submitted by others less valuable.   It had to be done in order for the person that solved the block to have been given that work

The pool does not seem to be unlucky or full of free riders (and yes, I believe free riders exist and were born from incompetence)    

Now Koi has found 2/3rds of the blocks with only 1/6th of the entire pool's hash rate. Everyone here except Koi is a free loader! Period!

I will never find a block. I may be the biggest slacker there is. Should I stay and keep mining? Should I suspect my hardware? Should I do the right thing and leave? Or, even better, quit mining all together and save the electricity/planet?

I have thought a lot about it before. Maybe the work I've submitted is valuable because it allowed someone else to receive work that did find a block. This would justify everyone's existence, even Multipool's. That's the reason for pooled mining. The results may not prove it in the short term. But in the long term they would.