They pay faster but tiny amounts, so when I first joined steadymining.com I looked a the estimates, and those were incorrect, so I went back to updamoon, but the chatter on here, got me to try steadymining again, and this time wait for the payout. AND BAM massive payout 26K on 2200K/hs. Much more than I made on updamoon and getting consistent 10K plus sums, I know the reward is random, but I spent less time with fewer miners and got much more.
Since its random, its probably easier to scam by the pools.
Good that you decided to test and find the truth.
I do not agree that the randomness can hide the scamming for large pools.
If you are in a place with low hash rate, then few blocks are found and the variation is large.
But in a pool that is finding hundreds of blocks, the laws of the big numbers will bring the averages very close to what they can be expected,
so if you see about 50% of calculated payouts after hundreds of blocks, then there is something seriously wrong, you cannot have bad luck
hundreds of times in a row, especially if there are others who pay twice the amount over the same time frame...
Still Updamoon is constantly showing that their pool hash rate is higher than the network hash rate.
Do I need to provide any more proof that they are inflating their shares to scam people out of their payouts?
I just saw that Steadymining found yet another block, I have now 70k BEE in 40 hours of mining - over 8 BEE per hour per kh/s
or in other words - if you are mining with 1Mh/s then you should have gotten 200,000 bee in the past 24 hours on Steadymining!