Pool Hopping Dilemma...
To this day, mining pool operators having been experimenting with different payout schemes to attract miners while keeping the base community content. Most of the reward schemes have been phased out, but here are some of the more popular one's . . .
PROP - Proportional. When block is found, the reward is distributed among all workers proportionally to how many shares each of them has found.
PPS - Pay Per Share. Each submitted share is worth a certain amount of rewards. It is risky for pool operators, hence the fee is highest.
PPLNS - Pay Per Last N Shares. Similar to proportional, but instead of looking at the number of shares in the round, this scheme looks at the last N shares, regardless of round boundaries.
Every now and then these pool hosts notice an unethical miner trying to game the system by connecting to pools right after a block is found. This becomes extremely irritable after awhile, especially if your pool has gone through some extremely unlucky long blocks.
When the base miner's notice their payouts are being affected by these so called "Pool Hoppers or Pool Rampers", they tend to gravitate toward pools that use different Paid Per Share schemes. These type of reward system benefit the loyal miners and sure one's payouts will be saved from "Bad Luck" or "Bad Acting Miners", but you also lose out when your particular pool has those moments of "Good Luck".
Dealing with it...
After noticing an increasing amount of pool hopping across the public mining pools, The Block Foundry decided to take charge and protect their loyal miners. Instead of changing the payout structure, it was decided banning particular IP's who have been taking advantage of their miners and PROP payout system seemed fair. Thus, effectively giving the community member satisfaction knowing they will profit from their good luck blocks.
The founder of The Block Foundry, Sixlitr, is attentive and quick to respond to any issue one may have. This is a fair and ethical bunch who welcome anyone with open arms. You'll find a solid group or new and experienced miners all working toward the same goal, finding blocks!
Come grab a drink in the Discord and introduce yourself at The Pub, admit your mining addiction at Hashaholics Anonymous or show us your pc pr0n! Join the growing friendly bunch who are committed to embracing the Mining Community.
https://blockfoundry.org/Discord :
https://discord.gg/Jx6GZNForum :
https://blockfoundry.org/community/I promise you won't be disappointed.
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