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Author Topic: Recommended Pools?  (Read 789 times)
MoparMiningLLC
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February 03, 2020, 07:14:36 PM
Last edit: February 04, 2020, 01:44:52 AM by frodocooper
 #21

true, only 2 blocks but that was also when the ramp up was 5Nd - it is now simply 3 days. With the 5Nd there was less attraction for new miners due to the long ramp time. The pool has gained I think 5 or 6 PH since the 3 day ramp change - though no blocks as of yet.

but as with any pplns pool, the rewards may come less frequently but will be significantly higher in value.

as for the 18 or 19 blocks or until halving statement - that was based on Kano several months ago where he stated he would pay .1 btc bonus to block finders for the next 20 blocks or until halving - whichever came first.

I would say he was trying to encourage miners to join the pool.

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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February 03, 2020, 07:20:36 PM
Last edit: February 04, 2020, 01:45:17 AM by frodocooper
 #22

Only way is by the 0.1BTC block finder bounty attracting a few very large farms - which is the whole point of the bounty and change in ramp time...
No matter what, anyone who finds a block before the halving gets the bounty.

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February 03, 2020, 07:26:30 PM
Last edit: February 04, 2020, 01:45:45 AM by frodocooper
 #23

he needed to do the three day ramp up. as 5n can be exploited at 1/2 ing time.

Just leave pool with 1 month to 1/2 ing.  your ramp will not vanish for 5n which with 23ph is about four or five months.

His changing to 3 days has prevented this exploit.

Smart move on his part.

I wish the pool a good hot streak. Maybe four blocks in four weeks would be very good for a 23ph pool.

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February 04, 2020, 01:32:57 AM
Last edit: February 04, 2020, 01:46:10 AM by frodocooper
 #24

KanoPool mined 2 blocks in the past 4 months, how is this pool going to mine 18 or 19 blocks until the halving?

True. But only time will tell. With the change in ramp up time from nearly three months, down to 3 days.... paired with low fees..... it could attract more hashpower to get high enough for the block finders reward to utilise them all.
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February 05, 2020, 02:50:49 PM
Last edit: February 06, 2020, 01:02:22 AM by frodocooper
 #25

Indeed, it would only take some whale miners to move their PETA/EXA hashrate to easily make this happen. But something else is amiss as they refuse stubbornly to do so.

That bonus seems more attractive to small miners, the big miner is more meh to the proposed amount. Of course the largest miners have more lottery tickets (hashrate) but one can always pray to luck. Its still better than solo mining.

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