It has been two weeks.  There have been no updates.  There have been no payouts.

http://mmpool.org/

MMPool is just a static news page today.
The rest of the site links serve the same news page.

The bitcoin node is offiline since about Jan 12, 2023 01:30 AM UTC
https://bitnodes.io/nodes/193.29.105.150-8333/

MMPool News

...Pool Admin to me via email


so.  very.  scammy.




 

He should have already reported this theft to the Swedish police and the hosting ISP, 247.  A backup of the server should have been frozen as forensic evidence.
But we have seen no evidence that these common practices were followed.

The admin will probably wipe out the server with some pool rebuild next and claim that all evidence of the intrusion was lost.

It's not just a lack of transparency.  It is negligence and fraud.

In case anyone was thinking about mining at mmpool.org:  Do not mine at mmpool.org

admin@mmpool has not replied to any of the several emails sent to him since 28 December 2022. 

admin@mmpool.org does not visit this forum (BTF) to read posts.  If he did, we might see an email reply to a post or a news reply to a post that originated on BTF.
Since he does not read this, and does not reply to email, we don't have any dialogue regarding pool operations. 
We only have vague posts with missing facts on the mmpool.org news web page after a HUGE ROBBERY BY AN UNKNOWN THIEF.

By the way, I might have accepted the missing block scenario he describes in his news post. 
It might have been a way to move forward if this wasn't already full of lies and fraud.
It might have resulted in a large payout to me.
It is a shame that I wasn't asked if that was ok despite being owed so much and despite my several attempts by email to continue the conversation.
If he had posted that here on BTF back at 16 December 2022, then we might still be mining right into his next fraud.

Instead, I have found his location and let him know that location via email. 
Then he posted the latest news entry with more facts for you all.
I'll hire an investigator and a lawyer in his english-speaking home country (far from Sweden!) to follow up on my behalf.
He doesn't want to engage directly, so I now have to invest more to continue the conversation in person.

In the best-case scenario, the admin is negligent and he has allowed a thief to steal the reward of the last round while also neglecting his community of miners.
In the worst-case scenario, the admin is the thief.

I won't mine at mmpool.org and you shouldn't either.

Thank you phillpma1957.
I very much appreciate it.

I have emailed admin@mmpool.org several times since 27 December 2022 and I have received no reply since then.

The admin assured me in 2021 that the pool would remain operational and encouraged more mining.  I rented mining rigs and found the majority of the blocks in 2021.
Those rewards were paid out as promised.  The admin encouraged more mining

This year, I mined more and doubled down in the last quarter to try to find a block before the end of the year for this pool.
It was a long and difficult round with low luck.  It seemed to go on forever.  I went in deeper.
A block was found and I was elated to get some of the year-long investment back... or so I thought.

We were robbed before the payout happened.
The admin put the pool on hold for an audit and then dropped communications.

I have been patient, but this is fraud.
I don't have any other course of action: I will find the admin in person and continue the conversation.   
I emailed the admin to say exactly that message today.  Still no reply.   

So, backing up to last year...
On 27 December, I received this final message for 2022.  At the time I agreed to keep it confidential while the admin worked out the details.  But since I have had no reply, here are all the details of that final message.  The typos and removed information was exactly as I received it.  The facts don't match what actually happened since the alleged perpetrator talks about 2016 and 2017 and this all went down between December 2021 and December 2022.  But anyway, here it is.


Somebody please quote this post for me. 
I will apologize if I am so lucky to be wrong about this fraud ... or I will find the admin and discuss it in person.


        ctya
(Calmer Than You Are )

I think it's possible for mmpool to pay out all pending rewards over the next several hit blocks.

So I hope you hit it!
... and I hope mmpool pays the pending rewards.

The transactions look like a coin mixer.  That would imply someone is covering their tracks and the block reward was stolen from mmpool.

The theft or loss of pool funds is not the miners' responsibility.
Miners pay a 1.5% administration fee in exchange for the administration of the pool and its processes.

There is currently a debt owed to the miners. 
unfortunately, that means that it is unlikely that you will be paid for the hashes you are still contributing to the pool.

If the pool takes this loss, then the pool's financial position is weakened by that loss. 
There was a time when mmpool had a cold wallet and would pay reward shortages out from the cold wallet. 
That hasn't happened this time.  It is growing more and more unlikely.

If the miners share the loss and remove the last block from the pool history, then we have an oversized DGM payout in the next round. 
Again, it is not likely mmpool can pay more than the block reward since mmpool appears to be insolvent now.

If the last block's rewards are paid, then we know mmpool still has reserve funds from the DGM payments.  Confidence will be restored. 

For that reason, I have stopped all mining at mmpool until the last block's rewards are paid. 

There is an update here:

http://mmpool.org/news

Did anybody get a payout from the last round or is it still pending for everyone?

Up to 180PH/s at times.  Just can't seem to drive it any higher than that no matter how much we rent.

Also the 4.92 showing now is for the current round payout of the top spot.

The top spot payout for that last round ended at 6.13588996 plus the transaction fees for the top miner.
That was a long round and took a lot of rented hash to get it done before the year ended, so not profitable until the luck comes back around.

Block found

https://explorer.btc.com/btc/pool/18

It works fine for me and it is also reachable from website page tests.

Getting really close now

Block found

https://btc.com/btc/block/712479

Happy Holidays

From http://mmpool.org/news


You can contact the pool admins at admin@mmpool.org

This is just a post to mention that the pool admin has been responsive and helpfui via email.

I emailed because a rented rig was having trouble connecting to the pool.  The mmpool admin replied to my email, found and fixed the problem.

Also, I emailed some DGM pool statistics questions to the pool admin and the pool admin replied  “I'll write something up this week to explain how it works, and look at what statistics should be shown on the statistics page to help track things.” 

So, overall ... very responsive and helpful via email to admin@mmpool.org

Um.

New wallet downloads require manual peer node entries or the wallet will not sync.
It is still an old wallet with known vulnerabilities.

Block rewards are down to 2,500 which made the miners give up.  It is supposed to be 50k DVC reward per block, but now it is only 2.5k.
We had some days where transactions didn't go through after waiting for hours.  Nobody really cared though because there are so few transactions.
See for yourself ... this blockchain is not very secure and the rewards are a fraction of what they are supposed to be
https://chainz.cryptoid.info/dvc/#

So I am asking: why is anybody taking shares when the coin is fundamentally broken?

I remember back when you received shares for getting things done. 

You should send all of the ongoing shares to a burn address and give out bounties from your own fat wallets to get this project back on track.

As it sits now, someone with a little hash power can set up their own local DNS entries for the receiver hostnames and bypass your ongoing shares forever.

~ctya