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Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Sw|ft on February 05, 2014, 04:30:31 PM



Title: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: Sw|ft on February 05, 2014, 04:30:31 PM
Hello guys, recently ive been testing out fast-pool.com over a period of almost a week.
When looking at some numbers i thought id share my results with you guys.
Coinwarz estimates my rewards to be around 27k - 31k doge a day, i know that these amounts are variable so i thought id test it over a longer period of time to check if it was equal.

Every day i tested out fast-pool i ended up with a result at 19-20k a results thats aroudn 30% less than i normally have. I had the same result every day +-1000~


This result was very disappointing even though the pool does not apply fees (which also may ring a bell that even though a pool this big can survive on donations i would ask myself why runa  pool this big when they can charge 1% which nobody would really care about and earn more)

Anyways so when i was finished with this test i started testing out Netcodepool, and ive been testing them for two days now and every time here i actually ended around 28-30k which i must say is impressive, which then again also gave me an indication that something fishy mightve been going on with fast-pool so i started looking deeper.

When looking at the Block Stats for both these pools there are something that differs quite alot, which corresponds with the percentage i lost using fast-pool

https://i.imgur.com/ApcAIPC.png

Looking at this screenshot you can see how long in percentage it usually takes for each pool to find a block.
Netcodepool has almost equal to 100% which is not bad at all
But when looking at Fast-Pool you can see that this pool actually ALWAYS ends on 125%+++

This made me thing, does the pool scam? It seems to me or ofcourse i could be entirely wrong but it might seem to me that lets say the pool finds 7-8 blocks than it does not report the next as found and just continues on and that this reward goes right into the pool owners pocket...


Please respond and tell me what you think of this, i do find this very alarming and i will continue using NetCodePool from now on as this pool seems to be more legit/accurate even though it takes 2% fee i end up on very close to the amount i am supposed to get every time



EDIT: Please read the whole first page in this thread to view how the "most likely" admins registering on this site under new accounts making threats and skiddish behaviour. It's quite interesting to read as you'll get quite a good explanation of what kind of kids are behind the wheel at Fast-Pool. Even this behaviour would make me avoid this pool at all costs.


Have a good day people, hope this helps your earnings :)


Title: Re: Pools that scam? [quick analyze of Fast-Pool compared to NetCodePool]
Post by: seriouscoin on February 05, 2014, 04:36:15 PM
good observation..... except one thing: this is bitcoin discussion forum. Go to your scamcoin's forums and post there.


Title: Re: Pools that scam? [Quick analyze of Fast-Pool compared to NetCodePool]
Post by: atp1916 on February 05, 2014, 05:51:05 PM
This is what i like to see.


Title: Re: Pools that scam? [Quick analyze of Fast-Pool compared to NetCodePool]
Post by: Wipeout2097 on February 05, 2014, 06:11:49 PM
That is a reason to avoid the pool, but not evidence of a scam. It could be geographic location, low bandwidth, bad configuration, etc...


Title: Re: Pools that scam? [Quick analyze of Fast-Pool compared to NetCodePool]
Post by: Sw|ft on February 05, 2014, 06:17:51 PM
That is a reason to avoid the pool, but not evidence of a scam. It could be geographic location, low bandwidth, bad configuration, etc...

I've set up quite a few pools my self with and without MPOS, wallets etc, you name it. So, bad configuration, i hardly believe that's even possible.
Low bandwidth, i doubt that too because this would give an indication on our Rejected shares that job's not found.

Im not saying they scam as i got no proof but if i was gonna place a bet on it i would most likely win.


Title: Re: Pools that scam? [Quick analyze of Fast-Pool compared to NetCodePool]
Post by: Wipeout2097 on February 05, 2014, 06:20:11 PM
That is a reason to avoid the pool, but not evidence of a scam. It could be geographic location, low bandwidth, bad configuration, etc...

I've set up quite a few pools my self with and without MPOS, wallets etc, you name it. So, bad configuration, i hardly believe that's even possible.
Low bandwidth, i doubt that too because this would give an indication on our Rejected shares that job's not found.

Im not saying they scam as i got no proof but if i was gonna place a bet on it i would most likely win.
I see. I don't intend to distract from your investigation. I'm pretty sure that some pools DO scam. Please carry on.


Title: Re: Pools that scam? [Quick analyze of Fast-Pool compared to NetCodePool]
Post by: MineLearner on February 05, 2014, 06:30:02 PM
you did?
links ? proofs?
all i can see you registered 12 days ago...so you learned about mining everyting in this 2 weeks?


just post something that you are experienced not just a netcode fanboy.

 you are noob here.

in every big pool you can find moment like that...

1.5 wallet is a dissaster did you know that?

new stratum is a dissaser did you know that?

stats are stored in plain text easy to edit did you know that?

dogecoin network and stratums directly are ddodsed by someone with 200gbit+ botnet did you know that?

NO.....you know why?

couse you dont own 10-20gh/s pool :)

for me you are just a next Netcodepool advertise boy like this ajax kid...how many dogecoin did they give you to create account and post shit about biggest pools? 10 100?

post you dogecoin adress and i will donate you some too.


Title: Re: Pools that scam? [Quick analyze of Fast-Pool compared to NetCodePool]
Post by: Sw|ft on February 05, 2014, 06:39:46 PM
you did?
links ? proofs?
all i can see you registered 12 days ago...so you learned about mining everyting in this 2 weeks?


just post something that you are experienced not just a netcode fanboy.

 you are noob here.

in every big pool you can find moment like that...

1.5 wallet is a dissaster did you know that?

new stratum is a dissaser did you know that?

stats are stored in plain text easy to edit did you know that?

dogecoin network and stratums directly are ddodsed by someone with 200gbit+ botnet did you know that?

NO.....you know why?

couse you dont own 10-20gh/s pool :)

for me you are just a next Netcodepool advertise boy like this ajax kid...how many dogecoin did they give you to create account and post shit about biggest pools? 10 100?

post you dogecoin adress and i will donate you some too.

Paid me? Let me tell you one thing, ive been searching for a decent pool for DAYS, and after using fast-pool and analyzing it for several days and i ended up trying netcodepool, well let me just say this opened my eyes and could see much more clearly that there was something wrong with Fast-Pool. I then thought that id make a thread about it so that people can avoid losing money and doing the same mistakes that i did for quite a while.
I'm just here to help the community out and its quite clear that something fishy is going on, and even if it isnt the pool is crap, PERIOD. This is very easy to see, just look at the screenshot
I'm sure most people unlike you would appreciate a warning like this as it might help people on their path to find out why they are earning way less than they should
I do understand that you feel offended and that you need to throw crap at me like ddos, blame wallet (which is a week ago), 12 days bla bla...
But the main fact is that every pool has these issue but then again it does not explain the difference.
Even though if the pool is not a scam, well its still crap and its quite obvious to see.

Feel free to rage all you want all day long but it's not going to change anything.
I'm not "12 days old" and i have a large variety of fields in different programming languages, and im far from a new person in the bitcoin field, not that it matters in this discussion.

Even the way that you express yourself, and the way you write even rings a bell that a skiddy keyboardwarrior is behind the screen.
Have a nice day, i have no interest in discussing the matter further. If you mine at fast-pool you will earn less, is that so hard to accept when it has been proven.

Come on, dont go totally ragenuts now, just because you'll earn less :)


Title: Re: Pools that scam? [Quick analyze of Fast-Pool compared to NetCodePool]
Post by: dogeddoser on February 05, 2014, 06:44:18 PM
THERE YOU ARE! I WAS SEARCHING FOR THAT 1GH :)

I WILL ADD NETCODEPOOL TO MY DDOS LIST :)

THANK YOU FOR YOUR POST....

GOD BLESS....MY LITECOINS


Title: Re: Pools that scam? [Quick analyze of Fast-Pool compared to NetCodePool]
Post by: Sw|ft on February 05, 2014, 06:47:26 PM
Looks like fast pool admins got angry, registering brand new users. Trying to pull ddos strigs to make their wrath and blaming it on litecoin, another reason to post this on multiple boards to see what kind of kids thats behind their wheel :) *laughs*
I don't care, its not like its my pool, so hey be my guest.


Title: Re: Pools that scam? [Quick analyze of Fast-Pool compared to NetCodePool]
Post by: ajax3592 on February 05, 2014, 06:59:40 PM
you did?
links ? proofs?
all i can see you registered 12 days ago...so you learned about mining everyting in this 2 weeks?


just post something that you are experienced not just a netcode fanboy.

 you are noob here.

in every big pool you can find moment like that...

1.5 wallet is a dissaster did you know that?

new stratum is a dissaser did you know that?

stats are stored in plain text easy to edit did you know that?

dogecoin network and stratums directly are ddodsed by someone with 200gbit+ botnet did you know that?

NO.....you know why?

couse you dont own 10-20gh/s pool :)

for me you are just a next Netcodepool advertise boy like this ajax kid...how many dogecoin did they give you to create account and post shit about biggest pools? 10 100?

post you dogecoin adress and i will donate you some too.

ahahaa  ;D comes from a guy registered 40 MINUTES AGO

...dude you know what I like to point out, the "actual qualities" of netcodepool, no bs only truth.

btw if someone starts a good business/service there is no need to hire "advertising guys" as you say, because mouth-to-mouth advertising happens automatically if public knows they are legit.

Netcode tipped 30 Million DOGEs to users on /r/dogecoin

We are also in making of a DOGE based betting website, we believe in DOGECOIN, its bigger for us than just another mine&dump coin.

talk about giving back to the community


Title: Re: Pools that scam? [Quick analyze of Fast-Pool compared to NetCodePool]
Post by: Hueristic on February 06, 2014, 12:09:06 AM
Good info. up to the top.


Title: Re: Pools that scam? [Quick analyze of Fast-Pool compared to NetCodePool]
Post by: Sw|ft on February 06, 2014, 01:00:42 AM
Greedy, selfish bastards with no manners and skiddy ddos threats towards other pools deserves to be hung out and exposed in public like this.
Now lets wait for them to recode their stats panel to show more lies :)


Title: Re: [WARNING] Pools that scam? [Quick analyze of Fast-Pool compared to NetCodePool]
Post by: ymer on February 06, 2014, 04:18:24 AM
Thanks OP, never mining in fast-pool again.


Title: Re: [WARNING] Pools that scam? [Quick analyze of Fast-Pool compared to NetCodePool]
Post by: QNX on February 06, 2014, 10:13:05 PM
First i was on http://doge.hashfaster.com/ and earn about 5-6k coins, next i've decided to mote on a bigger pool https://fast-pool.com and earn about 9-10k coins, and after readin o this coin yesterday moved to https://doge.netcodepool.org/ and now i have almost 16k with today's difficulty

so i think many pools, especially bigger one are scam


Title: Re: [WARNING] Pools that scam? [Quick analyze of Fast-Pool compared to NetCodePool]
Post by: Sw|ft on February 07, 2014, 12:03:16 AM
First i was on http://doge.hashfaster.com/ and earn about 5-6k coins, next i've decided to mote on a bigger pool https://fast-pool.com and earn about 9-10k coins, and after readin o this coin yesterday moved to https://doge.netcodepool.org/ and now i have almost 16k with today's difficulty

so i think many pools, especially bigger one are scam

Good, glad to hear that this thread confirms my theory. This is something everyone should be aware of! Glad i could help :) Ive tested hashfaster as well and i got the same result as you earlier, alot less!


Title: Re: [WARNING] Fast-Pool.com possible scam, be careful! [Quick Analyze]
Post by: Sw|ft on February 08, 2014, 06:23:24 PM
Hoping that people do notice this and whats going on here

I also tested out suchcoins for a few days and it came back with the same result as fast-pool. Beware guys many scammer pools out there now.


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: Hueristic on February 08, 2014, 06:50:04 PM
Should be east to test right?

I have a few pools setup and have my client set to load balance and I check may earnings in those pools to see which performs best.


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: damiano on February 08, 2014, 07:23:14 PM
Should test dogehouse and doge.nut2


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: scrap on February 08, 2014, 10:50:37 PM
Awesome man thanks for this info.

i will begin testing netcodepool now, and hopefully start getting the doge i derserve!

TO THE MOON!


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: ibrahim11 on February 08, 2014, 10:59:00 PM
So this was why i was getting 3000 doge per day instead of 12000 on other pools aswell

the best pools i tried were Netcode and 24/7 mining but they've closed down. So... netcode here i come!


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: QNX on February 09, 2014, 01:27:30 PM
Now on netcode is strange situation. According to pool stats, there was mined several blocks already, but the round was not finished yet
Quote
Round Shares
Est. Shares    765,868 (done: 555.79%)
Pool Valid    4,256,627
Your Valid    4,778
Pool Invalid    80,808 (1.86%)
Your Invalid    61 (1.26%)
i saw at least 5 blocks in the current section of the pool stats

so what, is it possible to mine several blocks per round?

Quote
Pool Hash Rate    1.773 GH/s
Pool Efficiency    98.14%
Current Active Workers    2503
Current Difficulty    1495.83672821
Est. Next Difficulty    1189.55034052 (Change in 101 Blocks)
Est. Avg. Time per Round (Network)    1 minute 14 seconds
Est. Avg. Time per Round (Pool)    1 hour 23 seconds
Est. Shares this Round    765868 (done: 557.6%)
Next Network Block    93500    (Current: 93499)
Last Block Found    93168
Time Since Last Block    5 hours 23 minutes 7 seconds
wow, very doge, much time


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: ahmed_bodi on February 09, 2014, 02:46:48 PM
This analysis is biased. the best way to tell a scam is to have a clear comparison of blocks found per 24 hours. variance or misconfiguration (it happens to even the most experienced ops) can make a pool lose very little. another thing which should be compared is the pools hashrate. netcodepool from what I heard has a considerably larger hashrate than fast pool therefore finds is very likely to find much more blocks.

@MineLearner you need to go learn the facts. if the pool is scam it should be exposed. PERIOD.
Heres some facts for you

1) Doge Wallet 1.5 does suck. but any worthy pool op knows how to downgrade and patch their coin
2) The stratum you are talking about that sucks, is in use by 99% of altcoin pools around today. According to my github page it has over 33k+ Views now that should show if it really does suck.


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: QNX on February 09, 2014, 03:12:19 PM
according to coinwarz pool with hashrate 1.75 gh should generate about 12 million dogecoins or 24 blocks every day, but here we have no new blocks almost 6 hours and still no payment for work

Quote
Est. Shares    765,868 (done: 609.06%)
Pool Valid    4,664,625
Your Valid    5,240
Pool Invalid    87,712 (1.85%)
Your Invalid    65 (1.23%)
Quote
Pool Hash Rate    1.724 GH/s
Pool Efficiency    98.15%
Current Active Workers    2483
Current Difficulty    1495.83672821
Est. Next Difficulty    1570.91434993 (Change in 74 Blocks)
Est. Avg. Time per Round (Network)    57 seconds
Est. Avg. Time per Round (Pool)    1 hour 2 minutes 7 seconds
Est. Shares this Round    765868 (done: 609.06%)
Next Network Block    93528    (Current: 93527)
Last Block Found    93168
Time Since Last Block    5 hours 53 minutes 34 seconds
is it cheating or what is this? as i asume, pool have shoul already earned 6 blocks or 3 million coins or 5.22 btc - it's wow many money

on the hashfaster all seems fine
Quote
Pool Hash Rate    7.305 GH/s
Pool Efficiency    97.35%
Current Active Workers    6059
Current Difficulty    1495.83672821
Est. Next Difficulty    1562.91168816 (Change in 7270 Blocks)
Est. Avg. Time per Round (Network)    57 seconds
Est. Avg. Time per Round (Pool)    14 minutes 39 seconds
Est. Shares this Round    3063474 (done: 33.06%)
Next Network Block    93533    (Current: 93532)
Last Block Found    93528
Time Since Last Block    5 minutes 2 seconds


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: QNX on February 09, 2014, 04:05:20 PM
nice, after 7 hours of mining, i've got 669 doge on netcodepool  ??? ??? ;D ;D instead of 4000, very nice doge crap


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: ocminer on February 09, 2014, 04:10:13 PM
nice, after 7 hours of mining, i've got 669 doge on netcodepool  ??? ??? ;D ;D instead of 4000, very noce doge crap

Bad luck..  Especially with Doge Can happen on any Pool


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: Sig on February 09, 2014, 05:12:50 PM
plus doge is random reward.........saying you get X on one pool for Y amount of time and comparing to another is silly. It's very likely the inverse could happen the next day.


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: ocminer on February 09, 2014, 05:25:36 PM
plus doge is random reward.........saying you get X on one pool for Y amount of time and comparing to another is silly. It's very likely the inverse could happen the next day.

+1


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: Sw|ft on February 09, 2014, 06:40:34 PM
Seems like fast-pool is losing hashrate, well deserved if you ask me :)


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: ibrahim11 on February 09, 2014, 10:17:09 PM
nice, after 7 hours of mining, i've got 669 doge on netcodepool  ??? ??? ;D ;D instead of 4000, very nice doge crap

What pool were you using before to get 4000 doge per 7 hours?


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: QNX on February 11, 2014, 05:32:53 PM
Quote
What pool were you using before to get 4000 doge per 7 hours?
the same netcodepool  and now it's hell of a work for 500-600%, so i returned to hashfaster again


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: Sw|ft on February 11, 2014, 07:10:32 PM
yeah ive seen this too, value went through the roof on doge and suddenly they dont find any blocks at all for days. Smells fishy to me. im cahnging pool as well


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: QNX on February 12, 2014, 09:47:21 PM
I've moved to dogehouse just now. I think in this case the biggest hashrate can help avoid too big at ratio block/time


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: cozk on February 12, 2014, 11:19:38 PM
Fast-pool is the worst.

No evidence of a scam but i highly suspect it and many other pools to steal coins.

Why ? Because payouts per day are a lot lower than what they are supposed to be, these pools are run by random individuals and finally because there is no way to ensure/see/confirm that they are not stealing anything (no control measures).


Title: Re: [WARNING] Pools that scam, be careful! [Quick Analyze]
Post by: phazon307 on February 12, 2014, 11:28:21 PM
This is hilarious, did you even try talking to the operator of the site to see if you could get the problem resolved?