lol communism. 
Topic: Are there any "communist" pools? - page 4. (Read 8183 times)
if there ever is such a thing ill be sure to mine in it with my old Pentium 3 system sitting in my closet lol communism.
lol communism. 
The only thing this pool would accomplish is getting all CPU miners to jump into it. No one with any decent amount of hash power is going to join such a pool. There's no way this would ever be +EV over just joining a normal pool.
Hell, even with a 10% rake a standard pool would probably be higher EV than such a pool.
Hell, even with a 10% rake a standard pool would probably be higher EV than such a pool.
I would expect there would be some sort of measure to try to make sure each person has only one account in the pool
You're dreaming bud, sorry - wish it were possible myself
But you should read up about the freeloader/free rider effect.
I would expect there would be some sort of measure to try to make sure each person has only one account in the pool
I got 5 VPN connections I can use, how are you supposed to restrict me to one account? By limiting one miner per subnet?
But never mind that, why would I put my 2000$ hardware in a pool where I will get the same BTC per block as someone who hacked their PS3 or phone?
I would expect there would be some sort of measure to try to make sure each person has only one account in the pool
Are there any pools that divide the earnings evenlly among all participants regardless of amount of computing power contributed?
No, and there will never be. Why would I buy hardware to push 3Ghash/s when I'll still get as much BTC as a guy mining on his CPU? Not to mention that I could set up 40 miners on my CPU for a fraction of the price of a mining rig and earn 40 times as much.
Are there any pools that divide the earnings evenlly among all participants regardless of amount of computing power contributed?
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