The goal shouldn't be shutting down a signature campaign, the goal should be transparency. If they are making claims that are suspect, we should see that they are addressed, either with a change to their advertisement claims, or by changing their service to meet their claims. That is positive change I would like to be a part of. I've sent them a message requesting more information that has not yet been responded to. If they have not responded to my message with some sort of an action plan in the next 24 hours, I will determine my action going forward. One thing I will not do is make a knee jerk reaction.
As to kano, I am not an idiot, nor is my motivation financial. Don't make the mistake of thinking we are similar.
Indeed we are not similar.
You can be bought (and very easily)
Few people consider using a small part of their brain, to do VERY simple math, a knee jerk reaction.
Yeah it might be a tough one for you, or a knee jerk reaction to notice it, but indeed (100 - payout fees) is less than the current ~101.7
Though knowing that current ~101.7 number would require a (very) little amount of knowledge of how bitcoin mining works.
Look, I get that your goal is to remove all competition so you can keep eating off miners. You are clearly financially motivated. I am not, as I couldn't care less about the few bitcents I'm paid for running this campaign. Seeing you insult me and act like those funds are somehow important to me shows that 1) you don't know what the fuck you're talking about & 2) you are so scared and hell bent on trying to remove any perceived competition from your pool whatsoever, you will insult innocent members who are trying to help people grow here. How truly pathetic. I had no idea you were so fearful of competition. I guess this bear market has been harder on pool operators than I noticed. Probably explains why the brains of your operation went a different route with his pool.
I'll say it again, if there are claims that you or anyone is threatened by, you can make a clear case on what you would be satisfied with, and I will work with the pool to get any questionable claims removed, or further explained for transparency. If anyone would like to make suggestions on steps the pool should take to correct questionable advertising claims, I would love to hear them so that I can work to have the changes implemented. If you want to cry about competition and insult people out of fear that your free lunch is threatened, you're only damaging the attempts to bring transparency to this pool and delaying any action, which is not appreciated by anyone.
I have received communication regarding this issue and am suggesting that any questionable claims be clearly explained on the site. Notably, it should say that users pay the network fees for their payouts and that the pool keeps the network transaction fees from solved blocks. Is there anything else I missed?
I am opening a different thread. Since Kano says I am an idiot and don't have the right to post in this thread.
Pretty typical. If you have any recommendations for how to properly resolve this issue, feel free to PM me. I'm not getting any constructive responses from kano, so clearly he isn't interested in bringing anything positive to this thread and just wants a platform to whine and call names.
Kano saying this pool needs that reserve to have a low chance 0.1% of going bankrupt is deceptive.
In fact he has even deceived his own self and simply refuses to see or agree to what I am saying.
So
1) I don't mine here and won't mine here.
2) I don't believe Kano intentionally acted to deceive anyone.
3) I think he is simply applying the formula blindly.
4) I think he believed I accused him of intentional deception
5) I do not think kano post the solution to the formula to deceive people on purpose
https://bitcointalksearch.org/topic/m.49738589I have new thread
My intentions is to show that the formula called be solved correctly
and used incorrectly.
Not to show kano was trying to fool people into not mining with this pool.
Perhaps he wasn't trying to deceive people into not mining with this pool and he's just not very smart. That seems to contradict his own statements, but maybe I'm just too dumb to post here too. I'll post on your thread asking for suggestions on changes to their advertising and see if maybe a kano-less conversation (if he isn't already crying there as well) could perhaps lead to some positive changes.
EDIT - oops it's locked.EDIT #2 - I have removed the "no fee" claim from the signature advertising campaign and messaged all participants that they should immediately remove this claim as well while we await updates to be made to the website.