Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | PoS - Dynamic Interest | SMS | ANON
by
lootz
on 02/07/2014, 00:09:37 UTC
In case anyone is thinking about veripool (pool.vericoin.info), don't bother it's not worth it. Experimented by pointing a 1Th/s sha-256 miner at it for 24 hours and got $1.50 usd (5.63 vrc) worth of vericoin. Supposedly they mine an anonymous coin and then exchange it for vericoin and split it up in the pool. Whatever the multipool 256 coin was, I found 7 blocks of it, but the return sucked. Someone in another thread alleged that the pool operator may be skimming, so be warned.  Your best bet is to just mine BTC (or whatever else) and then exchange for vericoin.

Also, yes, I know vericoin is a proof of stake coin, I just wanted to test the exchange pool to see what it was like.

I hope you have some kind of proof of your allegations.



He'd need proof for the allegations if he himself was alleging this. He's just telling us what he heard on another thread.

But to the core of his post, as he illustrated, is pretty correct. I've pointed about 25Mh/s Scrypt for almost a half a day and got proportionally, what he's describing.

Well most multipools suck just as hard, the best turn out is to mine a coin direct then put it through an exchange and just buy vrc. At least I noticed the same thing, the only reason why I still keep them pointed to veripool is because I want to support the coin. I agree some more transparency with the pool would be nice. Look at LTCrabbits setup they have good transparency and they multimine. I am sure the devs are way to busy to accomplish this atm maybe in the future it can be another project.