I think there are some macro effects for sure but I think the big issue was some bad luck that scared some people off. There was also a lot of chatter (from idiots) on this forum topic about jumping pools to chase luck. Lately we've been super lucky (knock on wood) so I hoping to see some of the luck-chasers swing back in.
I like the idea of merging with (or better, absorbing) another pool that is in a similar situation to ours. This is a great pool and the Doc does everything you could hope for to make it as easy as possible to be successful here.
Your post about (idiots) is what keeps people away from this pool.
I made over 7% more by switching pools.
you can just go knock on wood if that's how you figure your returns.
no luck chasers will EVER swing back in, when there is no luck involved. It's a numbers game ...............do the math................
Forgot to tell you the 2 and 3 day blocks Bitcoin price fell 10% or more and never figured that in block count to dollars.
Please tell me who the (idiot) is?
Good luck to all
My post isn't keeping anyone away. Posts like yours do.
Your switching could have just as easily netted you less. Stayed could have just as easily netted you more. Switching to maintain a stable roll on income is one thing. Moving pools due to bad luck is like switching poker tables or slot machines at a casino.
"I'm not winning right now, so I'm going to move to another table"
"I didn't win at the other table and I won at this table. I must be a genius" <---- Your right, how could someone say this and be an idiot. Sorry