is this pool cheating its users? Every few days or so I am making 50% less than what I should. I never have any 150% days to make up for it.
the consensus seems to be leaning that way but they would never admit it. I don't even think they check this thread anymore as they never responded to the devcoin question either. |
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any coin that begs for money for the developer is a shitcoin.
Satoshi never did and I hold all developers to that standard.
Don't develop it than if you can't handle not getting handouts back from it.
You have no idea who Satoshi is, nor whether he (or they) got paid. If you'd rather developers steal coins from their users in the form of pre/insta-mines as opposed to asking for contributions, then you have a plethora of options. The rest of us have XMR. Not to mention that Bitcoin is also funded by donations since years... yes and there is nothing wrong with people making donations because they want to vs developers begging for money and threatening to stop developing because of lack of donation support. There is a difference in my mind. If its that good than someone will step in and donate their time because they believe in it. Or the community will raise funds to help. Not because some greedy developer feels their time isn't being compensated enough for a project they supposedly believed in enough to create. It's your money, donate to whatever scam you want. But you won't change my mind about investing in what I consider bad behavior. |
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One thing that I've noticed is that the instamine seems to actually have turned out to be a good thing for DRK(in the short term at least) as it clearly gives Evan Duffield a massive incentive to continue to develop and foster growth. Also it enables funding to further the project and it seems that DRK has been pretty consistent with development. Personally I completely dismissed DRK at some point last year and I'm surprised to see that it's continued to do fairly well. But it makes sense because the incentives are aligned with continued development. Long term though single individuals holding so much supply can be dangerous. Even Bitcoin has this same issue though with Satoshi.
Contrast this to XMR where developer funding is a big problem. The XMR devs have put a very large amount of their own money in to paying for research and code reviews and such. And from what I've read the entire team holds less than 80k XMR between them(7 people?). This has been used as a selling point by some people in the XMR community as evidence of a fair distribution, which it seems to be. But fair in the short term doesn't necessarily equate to a situation where those who have the ability to produce the most value actually have the resources to do so. So we get to see the trade offs here between two currencies with similar goals.
edit: that 80k XMR number is probably way out date and doesn't consider the likelyhood that they've all bought more since the price has come down quite a bit.
any coin that begs for money for the developer is a shitcoin. Satoshi never did and I hold all developers to that standard. Don't develop it than if you can't handle not getting handouts back from it. "handouts" from performing skilled labour? That's a first. not at all. Every shitcoin clone out there asks for donations /handouts to continue to "develop" their copy pasta scam. You "clone" a currency that you want others to use. But you want others to pay you to continue to develop the coin? labor rotflmao Real labor is a chinese building your iphone. Or a bangladeshi sewing your nike shoes. What? OK so you rather choose a coin that has 2 million coins instamined in less than 3 days, most going to the developers at the time, over a coin that chooses to ask for donations instead(and is like the holy grail in comparison)? Nice judgement skills there mate. exactly which coin are you referring to Because I don't use either xmr or mon, and I aint your mate |
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Currently using Nokia c5-03 symbian s60v5 (Back then N8-00 symbian belle)
I don't use Android because of Google's "privacy policy". They're stealing insensitive information about users.
Also I don't like apple products, they're over priced.
I like the old nokias too for the same reason. Plus I like metal case phones over plastic. Personally though I can and do; do without a phone a lot of times. |
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I'm still looking for one. these are just my personal observations.
Ghash has really been the best payout for me. I think something is going on over there though
Too much hashing power to go such long times with no found blocks lately.
Eligius is nice but I don't agree with their dust policy.
Slush is old and not competitive with other pools anymore no merge mining, pool fee and too many 22 hr blocks way too often To stick there is just being loyal to an old pool these days.
btcguild fees are too high for the amount of found blocks; been on it for close to a month now and when I hit my auto payout I think I'm moving on.
Besides btc I have used all the other pools for months on end to get a feel for them.
I haven't tried the larger pools than these. Ghash is large enough and I don't wish to contribute to the centralization of hashing power.
I like old and reliable, but that's just me. There are many pools in this forum doing giveaways and stuff, might be cool to join in on that mining. every pool I mentioned is very reliable. They all payout albeit ghash at multiple times had issues with their auto-payout. They are all good. I'm not here to argue either on who is better. This is my opinion and if you want to mine at one of the ones I don't like, well more power to you; it's your hashing power to do as you please. |
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I'm still looking for one. these are just my personal observations.
Ghash has really been the best payout for me. I think something is going on over there though
Too much hashing power to go such long times with no found blocks lately.
Eligius is nice but I don't agree with their dust policy.
Slush is old and not competitive with other pools anymore no merge mining, pool fee and too many 22 hr blocks way too often To stick there is just being loyal to an old pool these days.
btcguild fees are too high for the amount of found blocks; been on it for close to a month now and when I hit my auto payout I think I'm moving on.
Besides btc I have used all the other pools for months on end to get a feel for them.
I haven't tried the larger pools than these. Ghash is large enough and I don't wish to contribute to the centralization of hashing power.
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One thing that I've noticed is that the instamine seems to actually have turned out to be a good thing for DRK(in the short term at least) as it clearly gives Evan Duffield a massive incentive to continue to develop and foster growth. Also it enables funding to further the project and it seems that DRK has been pretty consistent with development. Personally I completely dismissed DRK at some point last year and I'm surprised to see that it's continued to do fairly well. But it makes sense because the incentives are aligned with continued development. Long term though single individuals holding so much supply can be dangerous. Even Bitcoin has this same issue though with Satoshi.
Contrast this to XMR where developer funding is a big problem. The XMR devs have put a very large amount of their own money in to paying for research and code reviews and such. And from what I've read the entire team holds less than 80k XMR between them(7 people?). This has been used as a selling point by some people in the XMR community as evidence of a fair distribution, which it seems to be. But fair in the short term doesn't necessarily equate to a situation where those who have the ability to produce the most value actually have the resources to do so. So we get to see the trade offs here between two currencies with similar goals.
edit: that 80k XMR number is probably way out date and doesn't consider the likelyhood that they've all bought more since the price has come down quite a bit.
any coin that begs for money for the developer is a shitcoin. Satoshi never did and I hold all developers to that standard. Don't develop it than if you can't handle not getting handouts back from it. |
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I just read an interesting quote from satoshi that dannyhamilton posted in another thread concerning the number of nodes.
Basically satoshi really didn't intend bitcoin to be completely decentralized.
He expected huge server farms to be left to run the nodes. While everyone else runs a light wallet and synchs with
one of possibly a hundred server farm nodes.
I think a digital currency needs to be decentralized more myself or it's just playing into the hands of a one world government.
Where all citizens have a ipv6 address and everything is connected to their address like americas SS #
Your wallet will be generated against your IPv6 addy and all transactions will be credited/debited through this.
sounds kind of sci-fi tin hat huh?
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Dark cons
Massive premine
Alternated emission curve to jack price up (make early guys rich on shoulders of late guys after the fact). Use of node required funding to prop price up.
Spaghetti code
Hypeish name that attracts the wrong crowd
Project will die as soon as devs don't have more coins to unload on a market they create by releasing features. Even if that isn't the case, changing emission curve as dramatically as it was PLUS the massive instamine will kill it longterm.
this pretty much to the tee. Plus the whole masternode nonsense. After seeing the massive premine and how they implemented the masternodes I haven't looked back. too many xmr shills to even bother looking at it. |
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Think of the fun a hacker could have when they do a perp walk.
Make the entire line of prisoners piss their pants with a touch of a button.
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Who the hell is buying btc that way and why?
That looked like a 'Satoshi Square' event. Why? Because it looks cool, and all stock exchange trading was done like that only a few decades ago ;-) yea I get it was done decades ago. But still WHY? because it's "hipster douche cool?" |
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It was an ok intro to bitcoin. It could have been better.
When he brought up silk road, it would have been nice to compare it fiat and how it's no different really.
That senator is a joke and to think there is 99 more of that kind in office.
The "bitcoin wall street" scene was funny. Again totally seemed staged and if not. *facepalm*
Who the hell is buying btc that way and why?
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The price of the chips costing so much has to do with volume.
I'm sure to buy 100 is expensive as a full miner giver or take. The companies making the miners
has no incentive to sell hardware that can mine more than they sell for.
Once the machine is ran for a while, sell it get a new one and repeat. Sell the crumbs to the peasents.
Name one mining manufacturer who isn't actually mining with their own hardware?
Yea we're nothing but capital to them.
Plus the more hardware you sell, the higher the diff goes up and it makes it harder on everyone to make a buck.
The labor in china in assembling a miner can't be more than the cost of one chip.
I'm sure labor overhead is the least of their concerns in China.
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Nice  These scammers drive me crazy. Had some other asshat try to sell me machines that belonged to someone else. Will catch with all PM's shortly. They will ship from 28173 and shipping is included in the price. I ran them at stock speeds. No issues. If you have an extra one I'm still interested. |
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if you can't figure it out still, just give it to me  |
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Your thread belongs to scam acussation not in services.
I have no evidence that I am being scammed, so it belongs here. it's not a scam it's just shady business practice which they are known for anyway imnsho. |
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those chinese cars can stay in china.
If the west can't get air bags rights, I sure in the hell don't trust a chinese car.
Nor do I buy chinese auto parts unless thats all there is.
I am so appealed by the pathos that you exhibit, I am not sure that outside some military it's possible to write your message without Chinese involvement... but apparently you are too stupid-ignorant-malignant-interested to say it. Don't worry thoes ship are going to land and leave the shores of America... and you aren't in in the decision even if you are POTUS  . Because you know it's like it the slave trade, those ship don't leave empty either... and for the less stoopid, imagine how boring it must be to see your ship stalling, when you know that ROI isn't given... time for DAMAGES... I think that the workers could have their homes confiscated as collateral (peanuts, but to show them once and for all). THE SPICES WILL FLOW. My money is my decision. He who holds the purse strings controls the power. You shouldn't take it too personal. And so why couldn't Chinese what ever come the us market to be in competition with others product of around the world? because you don't want to buy a Chinese car, everything has to stall in the west coast? that's the b.o. supporter type? a fucking monkey it's who hold the gun inside your mouth with the intent to press the trigger who hold the power, the rest is bs from the money printer... you know only in America passport survive wtc collapse... IRL DU interlaced with graphene IS HARD. You need to get back on your psych meds and be readmitted to the hospital. China is a big country they can take care of themselves. Pull up the pants and deal with the global market. I'd be quite happy if all american companies pulled out of china and came back to their country and put their people back to work. I'm sorry Apple enslaves you and your internet sucks and your govt keeps a gun held to your head. |
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those chinese cars can stay in china.
If the west can't get air bags rights, I sure in the hell don't trust a chinese car.
Nor do I buy chinese auto parts unless thats all there is.
I am so appealed by the pathos that you exhibit, I am not sure that outside some military it's possible to write your message without Chinese involvement... but apparently you are too stupid-ignorant-malignant-interested to say it. Don't worry thoes ship are going to land and leave the shores of America... and you aren't in in the decision even if you are POTUS . Because you know it's like it the slave trade, those ship don't leave empty either... and for the less stoopid, imagine how boring it must be to see your ship stalling, when you know that ROI isn't given... time for DAMAGES... I think that the workers could have their homes confiscated as collateral (peanuts, but to show them once and for all). THE SPICES WILL FLOW. My money is my decision. He who holds the purse strings controls the power. You shouldn't take it too personal. |
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