Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards
Howdy,
My very first post here.. I've only been mining about 3 weeks (on an antminer s3).
Doc - I am very impressed with your system.. Whilst it was a 'strange new world' as the start, after some research and reading it all makes sense now.
I have no issues with the payout system. After studying the methods and process it all makes sense to me.
I am getting slightly less payouts than my first day.. but I understand that the pool size is growing so my percentage is dropping.. the benefit is that we hit more blocks as there's more effort in the pool - so on average my payout if fairly stable.
I do understand the renters concerns.. I guess if their rental expired in the past they'd still get a percentage of income for the next 9 shifts 9x3=27hrs.. where as in the past it'd be 9x10=90hrs.. still - I guess that is the risk of intermittent mining.
Just wanted to say that not everyone has complaints.. maybe a few stickys at the start of the forum that read 'before you complain about payouts/shifts read here'.. that explain the PPLNS and shifts and stuff might help everyone out.
Many Thanks for your fine system
erosco