Please post if you were positively or negitivly impacted by A1BitcoinPool

Was anyone paid?  How much?  What was the value of the hash power you gave with an explicate agreement to return 120% in value back to you?

This should be a lesson to the next operator who sets up a pool with negative intent or negligence.

I think if miners on prop pools paid a fee, then the pool ops would find an incentive to keep mining their own pools.  I am liking NMCbit & Bitclockers and those models may become more popular as smaller prop pools dry up?  Thoughts? 

Stop lying, you are hopping with everyone hashes!  I thought I saw a few hopping on Bitclockers and trying on Bitlc.  Hopping at 125% and keeping the 5% to 10% spread is a good idea, but lying and killing prop pools is lame...

So, wake up miners, your self-righteous quest to make sure everyone is equal allows the some  to take advantage of you and make you think your are equal are in fact robbing you by using your hashes against your wishes...being used unequally ala prop pools <43.5%  I guess putting a layer between hopping and your emotion/inexperience makes it easier to sleep at night.  Just like Socialism, promising you something that is unsustainable...


https://bitcointalk.org/index.php?topic=60717.msg738454#msg738454

Well, perhaps, but those hoppers didn't do the sometimes 4 hours of processing on the server that we did in order to get a shot at a fresh block.

While we're slaving away at calculating that hash...they're off trying to get more than their due many other places.

Anyway, I can solve the problem with a relative degree of ease.

You create another class of shares called 'loyalty shares'.  You create a number of shares equal to the estimated share count at 5 minutes with current has power.

You distribute loyalty shares proportional to the payouts on your last block.

So...

Two things...

1) Pool hoppers would be fucked. (their margins would be reduced to tatters.  If they happend to hop in on a 2 pool that closed in 2 minutes, their share would be super miniscule due to the loyalty shares.

2) It would ease attrition on long length blocks because folks wouldn't get the loyalty shares if they bailed.

This way... instead of your most loyal folks getting shafted in short rounds, we'd end up doing the best.

Doubt this will help you out either... but here are some numbers that prove that miners are getting jacked for 15-20% of earnings on blocks shorter than 12 minutes. on average.

https://docs.google.com/spreadsheet/pub?key=0AhhejNMzWwx8dGpYZE9FYXk3d05MQjVDNUxLcHNXZkE&output=html

It proves that either A) pool hoppers are doing better than your massive brain thought they could... or B) for some reason slush is stealing from us, but only on short blocks.

Please direct posts to Sargasm, I just helped him set up his own thread.