Bitcoin Forum

I conducted a study of the % rate paid by the pools to the miners.

Look, the usual pool takes 0.3-1%. The amount is used as payments on server bills and profit to owners.

A pool like the Antpool pays the miners up to 20%. This means that they work at a loss!

From this we can assume the following:

- They work at a loss because they are subsidized by bankers - supporters of Bitcoin Unlimited and special services (as you know, BU will lead to centralization and make bitcoin controlled as paypal)
- Sooner or later, owners of pools of extra-paid miners may not pay a reward to the miners

Owners of large pools to spit on bitcoin. They will pursue their interests.

My conclusions:

Do not support large pools! It's a scum! Time bomb for bitcoin!

Of course, this is unlikely to convince stupid Chinese miners (who are so stupid that they do not even know English) to switch to normal pools with honest conditions. I call exclusively intelligent white people to support pools with honest% and SegWit support! It is very important!

Please leave messages in this thread so that the thread hangs at the top and he sees the maximum number of miners! Do not allow the transition to BU!

You're an idiot, another candidate for the ignore button, racist moron...

Racist nonsense. 

Chinese people are not stupid or dumb.

I advise you to create your own pool with gray people like you and to get away from
pools with tutti frutti people  ;D

I did not say that all Chinese miners are stupid, but then why on the part of Chinese miners the maximum support of Bitcoin Unlimited? You have noticed that the Chinese never create new things. They just copy-copy-copy very cheap. Because the basis of Chinese culture is Confucianism. Bitcoin Unlimited corresponds to this paradigm.

Leave this subject. In every nation there are stupid people.

A more prudent decision would be to make new altcoin if the Chinese miners want to increase the block size. They want to bring chaos and destroy bitcoin network. Very soon. Do you want that? Do you want your money to be depreciated?

I have an idea to make my own pool. I'm working on it. In the meantime, I will propoganda the community with a constructive point of view, where there is no place for Bitcoin Unlimited and pyramidal pools, which are supported by the money of bitcoin destroyers.

People are drawn to finding multiple blocks a day.  Even if they only get .00001 bitcoin.   But they solved 7 blocks today.....  People have a hard time justifying lower frequency but higher payout.

Learning English is not necessary to be intelligent and most Chinese people learn to speak very good English in schools anyway.  This is extremely offensive and arrogant of you to assume that Chinese people are below you, seemingly out of spite because they own some growing monopolies in Bitcoin mining (good for them, while I don't think it's good for Bitcoin it's not like white people never gain profit from growing investments).  I think that your point would be made a lot better without racism. 

I see your point of view and are with you on "support small pools" . But your view is not constructive because you bring race into it. Delete you racial outburst and more people will listen to what you have to say

Bitcoin Unlimited will absolutely not lead to centralization.  If you believe that, I think you need to reread what they are trying to accomplish.  Also, consider that BU is the smallest change from the original design, compared to other proposals that have been put forward.  Originally the block-size was intended to be variable.  It was limited to prevent spam.  Sometimes it feels like people will say anything to scare people into their way of thinking.  When you make broad brush statements about centralization, and paypal you end up sounding like you are selling FUD.

There must be a more constructive way to debate BU vs other scale solutions.

I see your point in there.

You just want to make sure your Bitcoin investments will make it to top. Although I must say we cannot really control how other investors will view big pools, I subscribe to the idea of being cautious in handling our money -- may it be transacting with large or regular pools. To each his own, as they say.

We can influence others by bringing up our ideas but let us avoid any forms of discrimination, stereotyping or generalizing.