Quote from: megahash on September 05, 2014, 10:22:43 AM

Quote from: ckolivas on September 04, 2014, 09:45:45 PM

virtually all pools have abandoned this dangerous option.

BAN changed over to PPS, and there have been a constant stream of complaints from miners there (me included) about not getting paid the correct amount - possible connection? If PPS is so dangerous, why would a pool change over to it?

Ckolivas...

PPS is can only be dangerous to someone who can not float a balance to pay miners during bad luck rounds. If you flip a coin 10,000 times it's going to be very close to 50/50. If a pool is simply banking on making some small fee for PPS...I'd understand... I think it's irresponsible to tell users this as I think it's the ONLY payment system that makes any sense. No miner should ever be put in any position where they have to 'trust' the statistics provided by any pool... This accounting for BTC mining expectations need to be in the hands of the miner, not the pool. There has to be a checks and balances system in place. I'm currently working on finding a tech auditing firm that can guarantee the pool is doing everything within its technical abilities to be 100% accurate with share and payment reporting.

We pay as frequent as hourly after the first 10 minutes of mining in our pool... there's virtually no risk to any miner

Megahash...I'm online answering questions all the time... The entire payment backend was coded from scratch. There's a 12.5% bonus payout not just as a promotional thing but an idea to give us a good cushion in case of any bugs, etc. I know I've been working around the clock the stabilize and make everything as accurate as possible. There's not one single user than can claim they ever made less than 100% of estimated earnings based on their hash rates. We have nodes all over the world to keep invalid shares/rejects to an absolute minimum and still have more coming online soon.

You were one of the winners of mining hardware we gave away... you have tracking information.. I know your account is comfortably over the 100% expectancy....

We're the biggest miners in the pool... we have a new 25k sq ft datacenter opening this week and will always be able to pay PPS.