Post
Topic
Board Pools
Re: [BitAffNet] How we're the #1 Bitcoin Mining Pool In The World (proof inside)
by
ThePhwner
on 16/11/2014, 13:59:08 UTC
Hey - as much as we love our miners sticking up for us, ck makes a very valid point... doing this type of analysis on a 4-block run is not at all representative of long-term variance in mining or the success of a particular pool. I appreciate the comments from Jammers about leaving it up to each pool operator to decide what's best for their users. Kano makes a valid point too - while his site might be light on stats, the blockchain never lies, and as miners its up to all of us to know how things like the blockchain work so we can verify what's going on with our gear and our blocks. We can sit around for days or weeks and debate the relative risks of various payout systems, but the fact is mining is risky for all small miners right now.

And there's another valid point Jammers makes - as these bigger private farms make up more and more of the network, there's some value in having some truly reputable, solid pools. Again this is not to say that Kano's is not - he's been transparent and again the blockchain can't lie. But we  think we're doing a pretty decent job too, with keeping pace with changes and making sure our miners get paid.

I dunno what my overall point with this is. I guess I just woke up more refreshed than normal and think we could all do better than this outright fighting when I'm not even sure what we're fighting about. The way I see it in crypto, you can't cry foul until the foul happens, and if things are working, well... enjoy it. Smiley


BTC earned 100
BTC paid to members 56.7433733621021136
BTC Bonus paid to members 5.67433733621021136
Potential BTC left after payouts 37.58228930168767504

Oh and guess how I know these figures? Because all these stats needed to put this together are clearly posted on s0br's pool. Nothing is hidden at all I see it all and did the math on my FREE computer calculator.

So from this little common sense chart we can see not only is it possible for a pool to pay the highest reward of any pool out there, not only can you really run a profitable PPS pool but he can also pay a 10% bonus and still have a few BTC left over after its all said and done.
Your arguments are nonsense as they show a complete disregard of long term luck and variance in bitcoin mining.

Actually, My arguments are based on factual information available even to you, go look for yourself!! They are FACT no matter if you like it or not, where in those numbers do you see nonsense, they were pulled directly from the work we put in each block, then calculated with the EXACT earnings we make per share. SO what part of factual proof do you feel is nonsense.

As far as long term luck let me share with you and your clans opinions about luck, people like you and your other friends feel it is not worth it to solomine Bitcoins. however if you look far enough and deep enough you will see the 3rd largest finder of blocks is in fact solo miners. So either they are extremely lucky or veterans opinions about solomining are nonsense.

So, in conclusion, your comment in general is nonsense, and long term luck is just that LUCK. no one can predict what will happen in the future. every pool has a chance to solve every single block in a day or no blocks for a week. If you know business economics and finance you can run a very profitable pool. dont cash your coins out for that 200 inch TV you dont need, dont cash your coins out for that car to mae yourself look important, keep the coins and reinvest them to make more profit until you have the freedom to buy what you want.

The bottom line is no matter how you feel, no matter what your friends agree with like or dislike, BaN has the largest payout system of most, if not all pools out there right now, they are the most punctual in payments, their customer service addresses each and every aspect of our concerns and is top notch, if they make mistakes they reimburse us more than fairly. people will notknow whattthey are missing until it is to late, because if I remember correctly when he first posted the pool it said it may not be open membership forever. I hhope he is testing all of you and once you all do see how profitable it is he locks every one of you ouut and lets all of us reap the benefits of being loyal supporters.

Explain something to me, why whenever proof is provided with facts about this pool do you guys all say our comments are "nonsense" or "lies" why when pictures were given as proof do you call them fake, If s0br and his admins dont respond you say they are hiding, if they do respond you call them names and say they talk bullshit.

Why when you are proven wrong with facts based on what we are gaining can you not accept that you are wrong.

How true ck as luck is only temporary ...good and bad. The last 24 hours has been good to the pool but the prior 24 hours was not so kind.

yes the pool gets lucky, all pools do. We had a few nice days this month and we do a lot of the months actually 3 or more on some days none on some. but in the end as long as he is solving an average of 1 block a day i think his business structure is still profitable, in October our luck gave us an average of 1.36 blocks a day

What I proved here is first how lazy the people complaining about where the 10% was coming from, because they refused to look on the site, where all the stats and information on each block we mine is located "IN PLAIN VIEW" and do the math for themselves, then I proved to them where it in fact was coming from.