So you just decided to bash on PPLNS without any real information. Just repeating the same thing over and over again. Pure waste.
No all my information is real and absolutely tru try doing some real math
Yeah, cyberpinoy does that a lot. Pretty sure he made a typo when creating his username, accidentally typed a pi instead of an.
You are a complete idiot, if you did absolutely any research at all to back anything you say up, you would realize I did not spell Pinoy wrong. But thanks for showing how uneducated your responses are.
He's another s0br alias from BAN me thinks
My account is not in any way connected to s0br I do not even know the gentleman, But i can say I would take his advice over any one of you that have posted in this thread. his information is tested, he is trustworthy, he is not greedy, and his information is neither selfish nor covering a hidden agenda.
Disregard everything cyberpinoy is saying. CEX is a cloud mining service with huge maintenance fees. Certainly not a zero fee PPLNS pool, or any other kind of mining pool. It's not a pool.
For a person who calls himself Doctor, this person here is quite ewww how can I say it, a moron, CEX is a trading platform where they trade a lot including cloud mining which is mined on their connected sister site GHASH.io, the fact is Ghash.io is Cex.io and cex.io is Ghash.io, they are one and the same. So his complete post is both false, uneducated, and unresearched.
Actually, more to the point is that what cyberpinoy has posted about PPLNS is completely false.
I'm not sure if he's just mathematically challenged, delusional, or plain simply lying to try to scare the uninformed away from pools using PPLNS.
And the king, Mr kano the pool operator who fills his pocket with the BTC profits from his already horrible but existing PPLNS crap pool, and doesn't want ANYONE to believe hes making a profit. Math isd math Kano and no matter how you would like people to believe PPLNS pools are not profit houses and try and deter others from having any kind of profitable pool to compete with you will not work when a person just sits down and calculates the math. Your pathetic attempts to discredit, and destroy others , and mislead new members of this forum is just ridiculous. I pray one of your christmas presents was a clue or 2. A clue on how to run an ethical pool, a clue on how to manage a profitable pool. and cluee how to not be such an unethical person when conducting business.
To the OP, with as mu7ch as all of these posts I have quoted in this thread blame others for being secondary aliases It would not surprise me one bit itf they were not all connected themselves, the clan you see quoted here in this post are the veterans you can listen to but take nothing they say to heart. some information they have is usefull, but a lot of what they bsay all over this forum is a huge selfish deterrent to new users, or even worse advice to direct you away form your goals so you will do something for them to help them make a huge profit while you are held back. Take nothing they say as truth investigate it.
That goes the same for my advice dont take my word for it, research it also for yourself. Dont ever take anyones advice on Bitcointalk ALWAYS research everything you read here. I used to just take the veterans lies and bullshit as truth until one day I began my own tests, and trials with my own equipment and then realized 90% of what 50 % of the veterans say here is just a bunch of bullshit to mislead you to go in a different direction.
A PPLNS system pays you for a certain amount of time put in on a block only, In not sure what kanos profit house shifts come to I haven't been there in a while, But Cex/Ghash pay for 11 shifts ranging form 9 minutes to 11 minutes per shift, and include X amount of shares they payout at X amount of BTC per share. however if they pay for only the last 1.5 hours of a block and it takes 2 to 3 hours a block to solve you put in a massive amount of shares yet get paid for only 1/2 to 1/4 of the work you put in. Then the payout is not even 1 whole satoshi per share, like Ghash.io they pay 0.0000000003 BTC per share on the last 1.5 hours of work provided.
So you take how many shares are put in in the last 1.5 hours per THS
multiply that by how many THS are pointed at that pool,
this gives you the amount of shares provided
you then multiply that amount by 0.0000000003 (or whatever they are paying per share)
which gives you exactly how much a pool pays for their members provided shares
and subtract that from 25 and you have the profit for that block.
I just pulled this data from CEX.io/Ghash.io
258786595592 total shares provided for 6 hours to solve this block
7500042240 shares on a paid shift for the block to all miners combined together in the whole pool (
0.0000000003589 paid per share provided on shift
0.0000000003589 times 7500042240 = 2.691765159936
this PPLNS pool paid 2.691765159936 for this block that took 6 hours to solve
and then shortly after the 6 hour block they had
170171296678 total shares provided for 4 hours to solve this block
7500003023 shares on a paid shift for the block
0.0000000003589 paid per share provided on shift
0.0000000003589 times 7500003023 = 2.6917510849547
this PPLNS pool paid 2.6917510849547 for this block that took 4 hours to solve
So you see the it does not matter how much work is provided by the members the payout for a PPLNS pool is ALWAYS the same and CEX.io reaps a 22BTC+ profit per block for their PPLNS pools. Trust me Kanos pool is not much different, depending on what he pays per submitted share, and how long his shifts really are but if his payout is lower than 1 to 10 Satoshi per share, and his shifts are less than 24 hours hes banking BTC
Kano and his groupies can deny this shit all day every day (EXACTLY as I warned you they would in my first post) (And you noticed all the groupie false hope posters flew in like a bunch of bees to a beautiful rose) but the bottom line at the end of the day basic elementary math does not lie, You dont need a complex PPLNS bullshit equation they tell you to solve the profit margin of a PPLNS pool.
