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Board Announcements (Altcoins)
Re: [ANN][GRS] GroestlCoin: 1st Grøstl | Unmoded Grøstl Thread | AES accelerated
by
24hralttrade
on 26/09/2014, 13:18:12 UTC
srcxxx,

Quick question that I hope you can clarify: all subsidies for blocks found on your pool ( http://cryptohunger.com:81/ ) have had 25% taken right off the top and sent to another address. What is the reason for that?

Here's the block explorer summary for Newly Generated Coins for blocks found by Crypto Hunger:
http://insight.dgb.cryptopoolmining.com/block/dd1f60e865d52fdc02561af3a5367d70a55ff51e9ed76eaae11fb620e38c4faa

As can be easily seen, there are two payout addresses:

D96y4y74NUegfYJ8yn9chxbPLrRiypCF6V
and
DBy3212dWAPPzPcyt5fSSchjyozyr5ejLw

When one follows the "money trail", one sees that there are indeed multiple payouts to multiple addresses (miner payouts) for D96y4y74NUegfYJ8yn9chxbPLrRiypCF6V .

HOWEVER, the other address, DBy3212dWAPPzPcyt5fSSchjyozyr5ejLw , has ONLY re-SENT coins to ONE address for a total of just over a million DGB and it also still has a current balance of just under another 3/4 of a million DGB!
http://insight.dgb.cryptopoolmining.com/address/DBy3212dWAPPzPcyt5fSSchjyozyr5ejLw

The address that has received the one million DGB, DRykTe2nXZpSX1KytPXjvPhGfCAXb4ZBM6 , has also received DGB from other addresses, has only sent 128,100 DGB and has a current account balance of 1,371,300.
http://insight.dgb.cryptopoolmining.com/address/DRykTe2nXZpSX1KytPXjvPhGfCAXb4ZBM6

That all means that, in less than four days, from Newly Generated Coins on Crypto Hunger, around 1.75 million DGB, or roughly 25% of subsidies, have NOT gone to miner payouts, but are currently "parked" in two separate accounts.

What's the purpose for this?


Just out of curiosity.

Hi HR!

Your calculations and assumptions are not correct.

I am not going to explain anything to you. But since you are so eager to figure this mystery out, I'll give you a hint: perhaps this account belongs to some exchange, like Cryptsy? And perhaps, it's just how the exchange's software logic stores the money?
 Huh Huh Huh About his 20% hidden fee  Huh Huh Huh



srcxxx


I take 20% off all blocks that you are mining and dump that on the market.
You get 10 maybe 20 % more hash And you pay more electricity costs.

Thank you for making me rich.

Something like that.



Fair and to the point.

For some miners this is bad and I recommend them to move on.
For some miners it is ok and they stay on the pool.

And BTW, there are wattage measurements somewhere in grs-sgminer forum, so that is not hidden.
'

Admitting his 20%fee

(this is about his pool Cryptohunger, The same strategy used with boostpool as you know offcourse Wink )

And there is more , i'm not posting everything you have to find out by yourself.
If you guys want to work with a liar,skimmer,scammer.  That is youre problem.


And YES i know how multipools work and what purpose, And now i know how a Skimming Multipool works.
I have nothing against multipools, It's new technology adaption.  And yes people take advantage of that in a wrong way like scrxxx. And that is why we are "bumping threads"like you say.

Just to get a word out and warn people.
Welcome to earth,  Hapens everyday  Wink

No thanks for bumping youre thread Wink  It needed some activity.