Post
Topic
Board Pools
Re: [1450 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff]
by
philipma1957
on 21/06/2014, 14:28:30 UTC
So, that's the issue for me and others with respect to multipool. Multipool was reaching "my" limit of unreasonable behavior for the size of the hashrate. In a manufacturing operation, you expect a mean performance and you have upper and lower control / spec limits.  if you are drifting far from the mean, consistently, you investigate why.

Problem is that this was not particularly bad luck. You can't call it consistent either, because they mined for a very short time.

Complaints started when their mining was at a CDF of about 70% which is just silly.

Even at 95% CDF you may think this is really rare, but it's not. If you crashed your car 1 out of 20 times you drove, would you still say that's so rare you would never expect it to happen?

Can anyone confirm the calcs above?

If your percentage of the hashpower in the pool meant your part of a block was 0.1 BTC and you got 0.096 that would mean you paid 4% in fees and donations.

If you have 1% fee + 3% donations, you can reduce the donations and keep the same perks by activating the pro minter perk. With the pro minter perk, that's the only one you need to cover with donations - as long as it is on the other perks are free to activate without additional donations.

So other then setting the entire pool to  solo mining 2 hours of every day or 1 hour of every day or 3 hours of every day what would you suggest?

I'd suggest we finally do the hardfork on bitcoin that has been suggested long ago, which would make block withholding impossible.

 

thanks so there is something better then my idea in your opinion the  hard fork .

  because frankly   we need to do something and to continue to allow block withholding without a deterrent is not acceptable.