Post
Topic
Board Pools
Re: [600 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool
by
EErik
on 31/08/2014, 10:36:00 UTC
I totally agree with you and understand what is going on. I was just curious to hear from others. I understand the difficulty levels and the drop in pay.... As we all know, it dosent stop the electric bill and its HUGE.
I love mining and all of it, but I dont want to take my money and invest thousands more and be behind the eight ball for months to catch up like I did with this 5000.00 investment on the 4 T. I am finally ahead of the game and made a few bucks.
I am at that crossroad.... yes I could invest again and start all over...... I dont know its a dilemma that I have to come to grips with. Maybe I will sell off all of my S-1's and just run 1 S-2 at some pool to keep my hands and head in the game............  Thanks for your thoughts as thats all I was looking for!......
Nobody understands this crazy game we play but those of us wrapped up in it!!!
Couldn't agree more... Smiley

It's good that you've at least gotten to the point where you're a little ahead.  Sadly there's many who haven't and may never, and it'll be a completely losing proposition for them.  If you sell your equipment now you'll even be that much more ahead of the game, and like you said if you can get maybe just one or two things to keep it going as a hobby it'll be enough.  I think honestly that's how many will need to treat it - a hobby where they understand they may lose more than they invest but it's still kinda a neat thing to be part of.

Mining is certainly more about the passion and the geeky side of it than any rational explanation can bear.  I suffer the same disease... Smiley

if the share diff to raise the reward was lower, it would be much easier for small-scale miners have a constant reward, let us realize that now with 3ph/s is really shocking make a share and many are coming out.

The latest shares I made have given me 5mbtc which is very much higher than the daily reward of a small miner, the scale of the reward should be much more fragmented imho and, in this way, many more people participate

I do not understand the discourse that many are coming out of the pool because they have old hardware. there should be a replacement ... I think if people with older hardware comes out other with new should arrive, but it is not.

E