Topic: [BitAffNet] How we're the #1 Bitcoin Mining Pool In The World (or so we thought) - page 50. (Read 98873 times)

Two things I can gather from your post. You are either:
1. Very, very dumb.
2. Very, very confused.
I hope for your sake, that in your case, it is the latter. One thing thing I know for sure, though, is that you are so riled up and angry about Kano's legitimate, correct observations, that you can't manage to string one sentence together without making a typo. I hope you slow down to achieve better precision with your keyboard when you are calculating your "statistics" instead of ranting and raving in this thread.

OK, so the quote above is just fucking absolutely hilarious and shows just how confused (or misinformed) you are concerning Kano's points. He is NOT contradicting himself, as you claim, because Kano is not advertising a pool that pays out at 200%! It pays out 99.1%.

You see, Kano is not contradicting himself, because he didn't "turn around and say [his] pool was able to pay 200% to [fixed that typo for you] their miners." He NEVER made such a claim. The 200% statistic kano is referring to is the LUCK that the pool has had since its inception. He is not claiming that the pool will be able to continue to pay its miners at such a rate. In fact, the CK/kano duo readily admit that this luck is not going to sustain itself. I honestly don't see how CK and kano have the patience to deal with some of the pure stupidity that certain users in this forum display.

I am also very disappointed that so many of you trolls are so critical of people like CK and kano, the DEVELOPERS OF CGMINER! If you think that you have a better grasp on bitcoin mining than they do, why don't you develop your own mining software since you referred to kano as a "child"?
Have some respect.

Not to be mean, or point anything bad out about you, BUT for a person with low trust on his profile you seem to have more intelligence on business economics than these children running this other pool (YES KANO I AM TALKING ABOUT YOU) I left that wide open for a more intelligent person to explain it to him because after I proofread my post I knew with all certainty kano would make a fool of himself and show everyone  exactly little he knows about running a pool.



NOW ONTO KANO AND HIS BULLSHIT HAHAHA


Well I started an account with your pool not to mine there cause PPLNS pools are bullshit profit houses for pool owners no matter how much yu want to deny it, the math tells a different story than you, so when it comes to truth Ill side with the numbers and throw your word down the toilette where it belongs.

As I logged in I did not see ANY magical stats appear like i see on Ban, I did not see a ststistics page at all, you have a few realtime stats about sumbitted shares in the top right but nothing of real use as those stats tell you nothing in a PPLNS pool. you would ahve to try and do a long mathmatical equation in order to see what yo9u might get paid per share but you cant estimate your earning in any way because it is a PPLNS pool.

Its sad to say but in your pathetic excuse of trying to make yourself look good and BaN look bad yu only made yourself look stupid actually.


Without going into detail if a newbie would read this and not understand basic business economics then he could clearly see you sir are not very intelligent, you say in other posts its impossible for a PPS pool to make a profit, then here you say he is making a 37.5% profit to your 0.01% profit. that saddest part of your excuse here just judging by this line alone no real math involved with blocks mined before this , we see BaN pays his members more than you and still has some left over much like any business should do.

So are you trying to say BaN bis doing something  right where you are not, what is your point here?

You contradict yourself clearly when you complained a pool could not be transparant if they paid 10% over thir mined income, but then turned around and said your pool was able to pay 200% vto their miners.

I wont keep going about that lets just sum it up by saying in simple terms everytime you try to post FUD against BaN you seemingly contradict yourself. I read a lot of your posts actually and anytime your opinion is hit with facts to disprove what you "know" to be true, you begin to contradict yourself.

Kano I am not sure why you have this desire to bash BaN but your pathetic attempt to do so is proving you have non knowledge how to run a pool, you havbe no ability ton use a calculator and do your own diligent math, you have no idea what a good pay structure is, you have a hard time telling the truth, and you clearly HATE when facts are presented in your face that prove you wrong. Please grow up because with every post you make I wonder how young you really are, the immaturity in the responses both with how much pool mining intelligence you lack to the basic mathmatical ability to reearch something shine thru with every one of your posts.. this last post show how far out on a limb you really are trying to go to discredit BaN. Learn to stop while your ahead, you lost this war you seemingly have with BaN just deal with it Bro.

i think all pool owners have their choice on the flavour they want to pay out to miners. There isn't a "best model", but people will vote with their hashing power. As a miner, I've tried PPS, PPLNS, and whatever the hell is going on with ozcoin. As a miner, I have a choice between potentially more (but often less) earnings (ie medium risk), or a fixed amount (low risk), and then just get on with things to try and earn more bitcoin than it's costing in electricty, and recoup my (luckily) modest investment in hardware. My other concern is that I want to be paid with either no/low (0.0001) fees at an amount I want, and completely empty my balance.

I had mined bitcoin about two years ago for a short time, not getting anything as my then laptop had a terrible gpu for mining. I got a new one with a nvidia which was the wrong choice for mining, but the right choice for gaming, then did about €400 worth of damage to my laptop mining litecoin where gpu didn't burn out, but the heat transferred up into the monitor, caused the metal in the hinge to go out of shape, freeze, which then meant that the frame cracked, and had also overheated the lcd and gave it a rainbow hue on the left third of the screen. So when I started mining again earlier in the year, I found a flexible person who leased me some hashing power (i made about 55% back in the 6 months) which was aimed mainly at btcguild and a little at ghash, and then got my own hardware in September.

We all don't have warehouses with space and racks of miners, I have four antminers, a certain amount I can spend on electricity. I went to blocktrail and came across a big list of pools, and started going through them, which is how I came across BAN's pool to begin with.

In my 8 pools of experience so far (and I'll be doing the others after), I've mined on

Polmine/Discusfish/BAN - PPS
BTCGuild/gHash - PPLNS
Eligius - their version
Slush - Scoring system
Ozcoin - whatever the hell they use

I also plan to find and review all of the rest of the publicaly available pools the same way I have with the others, so pm me if you want me to put you on the list. My mate is going to help me use a rasperry pi to set up a p2pool node, and I plan on having this running long, reducing my review machines from four to three.

Lets compare the non pps ones first.

gHash, I was such a drip in the ocean, I got probably the second worst earnings above ozcoin, even though they were hammering through blocks. I've less than 1th, so got barely anything, and there are increasingly fewer blocks being found there for longer stretches. I don't use these any more. But I have to say they do have great customer support and got back to me on issues really quick. And I really didn't like how integrated everything is into the CEX exchange, and i found in my review one of the MAJOR screens that controls your miner buried in CEX, not ghash. It's a terrible and forced integration between the two. You also can't cash out at less than 0.01. Finally, the exchange integration leads you to often gamble away your coins, or invest in their leased ghashes which just lost money hand over fist.

Btcguild - This was more an issue about my share of power and luck/variance/whatever.  I have a fixed amount of hashing, and as the pool popularity went up (or down), my earnings changed a lot. But it was 7phs at one point and it's 15phs now (12.5 when I stopped mining a few weeks ago), so on top of the difficulty change, I have half of the proportion i had before. Plus even though they reset their long-term stats a few months ago, it's still dropping, despite the pool going from 11 - 15phs in the last month. Again here, he's really active on the forums, reddit etc so no complaints. But the change to 24 hour shifts and dropping the transfer fee from 0.0005 to 0.0001 isn't enough to keep me. It also had what I thought was the best interface (before I found BAN) which is why I mined there for so long.

Eligius - the guy I bought my antminers off these swore by them. I have no complaints at all about these, but my issue is more with the minimum payment threshold. I'd prefer to have bitcoins in my wallet now, and know I'll end up paying more in fees later, than let it build up. I do like the fact that the icon comes up as mining earnings though. And these remain my fallover pool.

Now lets compare the PPS ones

Polmine - I know the English interface is haphazard, but it's a really good community of users there. I don't like the fact though that they only send out increments of 0.01, and their stats have a big delay, and the general interface is really challenging for an uninitiated user.

Discus Fish - their interface is non existence, and huntercoin is a waste of space. They, and other pools did have an advantage that they were mergemining, but this is now in BAN so that's gone. I found they didn't clear my wallet, and they have a clause in their service that says that they take any dormant earnings over 90 days

Ozcoin was a waste of time.  My first days hashing was really restricted (ie 600ghs was showing up as 250mhs), so i wasted a full day. The pool hasn't gotten a block in weeks, and only has 35 people on it so effectively dead. And even when my stats got working (i guess an anti pool hopper thing), the rates I were getting were nothing, with no hope of getting anything long-term.

Also one point to mention is that there hasn't been any interface change on any of these pools in this time. But BTC Guild did make changes to the shifts to try and compensate for the reduction in their luck, and recently dropped their minimum manual withdrawal size and reduced their transaction fee.

So while doing all of these, I started mining on BAN. Straight away, I liked the interface (i'm a gamer), and loved the stats that were there, which updated automatically with moving graphs. It is a work in progress, but every few weeks a new change to the interface came along. They added namecoin a few days ago, but we're waiting for the payouts to come in. They have an IRC based chat, which is a lot more civilised than the trollboxes on some of the other pools.

I have a spreadsheet where I was comparing my hashing, and as soon as I started using them, they were coming up steadiest earnings for me. So as I finished my first reviews and stopped hashing there, I redistributed it on the ones I haven't done yet, and still it came up higher.

I then stuck my reviews up on the main forum, and immediately my comments (at 3am in the morning to my phone) started hurling abuse at me, accusing me of being everything from someone I haven't met, to a dick, to a lot worse. Anonymously.

And every one was aimed at BAN, without a mention of any of the others. I've read a lot of pool threads, and none of them immediately have another pool owner trying to hijack the thread, or long-term trollers immediately jumping on board to hurl abuse. It's also clear that there was an issue about something in the past, which me as a independent user, if addressed to a degree that it can be crossed off the list, i don't see what the five or six people (and kano, you're not included in this list btw) who obviously and clearly have a grudge against the guys from BAN.

The variance argument also isn't factoring in the elephant in the room. The market has radically changed from pools having 60% of the market to 25% over the last year, first with ghash and discus fish taking half of the overall blocks found on the one side, and then the rise of all the private mining farms on the other side. Some people will be squeezed out, unless they're keeping it going to the bitter end. But BAN is new and nimble, looks like it was designed in 2014, works on mobile phones, and I think if they force other pool owners to adapt or upgrade, they should do so. But unless they can pile on petahashes, it's nothing to do with luck, just pure market share.

So I've tried lots of pools, picked the one I like the interface and earnings from, and in my opinion against what I've seen from the competition, it comes up trumps on both counts.

Not to start a fight here but "I wonder how BAN feels keeping 37.5% of the pools earnings and not paying it out to the miners? I guess that makes BAN happy "   that gets thrown back at longer rounds in a PPS and in theory over time it balances out around the 100 percent mark luck wise....   where some rounds are short and others longer but it should balance out....   where one should be earning around their expected rigs earn or close to it over a week...    If there a huge difference then there something major wrong with the payout system eg the P2 pool system where you have close to 3 weeks data and it running at a payout of 60 percent of a expect rigs earn warning alarms should be sounding in these cases NOT on a pool that paying out people expected earn and has for months now and as an added bounus the pool op been kind to us miners by wearing a bounus out of his pocket to look after his miners that have helped him get the pool up and test it and help deal with bugs to get it where it is today 

It also a good sign that a PPS pool has a 37.5 percent buffer there to play with for these longer rounds as it reserve funds

Incorrect, they are visible to anyone who has an account - there is however, still no history of them yet.
Incorrect, they are visible to anyone who has an account - there is however, still no history of them yet.
So? (though the pool stats does show all user's current rankings)
Incorrect.
I have already pointed out to miners how to get that information.
It is beyond reproach ... it is in the blockchain, for each block, clearly visible.
So although a web site can lie about the payouts, in my pool's case, the blockchain shows each block's payout.
It will be available on the web site at a later date.

Where?


Of course the numbers shown on BAN MAY be facts.
Interpreting them by falsehood, oddly enough, is not fact.

Oh, I feel so unhappy, I don't know how I'm going to deal with it, damn I guess I'll just have to keep paying out 99.1% of the pools earnings to the miners and see if that makes me feel better. Yes it does

I wonder how BAN feels keeping 37.5% of the pools earnings and not paying it out to the miners? I guess that makes BAN happy

Please sir tell me what did I use to deceive anyone about the pool. Those numbers were pulled directly from Visible stats displayed and updated on the site. (stats your pool seems to be missing) ANYONE even you can go there and do the math, just because you do not like the result of the research and calculations and they do not fall in line with your bashing and FUD of this pool does not make them any less factual does it?  

You have a LOT of nerve for a person who owns a pool with nothing of value available to see
NO visible user stats,
No visible pool stats,
No ratings,
No rankings.
You have nothing actually where newcomers can see what your pool is doing or what it is paying out on the blocks you have mined, You keep flaping your lips about this 200% payout to your loyal miners yet show no proof of it. You complain that it is not possible for a pool to pay 10% over what it mines yet you say you are able to pay 200% over what you mine to your loyal miners that confused me a bit.

Please stop contradicting yourself sir.

Why are you mad at me. ANYONE can easily go on the BaN website and pull the transparently visible facts and see for themselves where the payouts are coming from, what the payouts are, they can even estimate what their own earnings would be, and they can see how that bonus can be paid and still allow for a small profit overall.

Can i do that on your pool, can I go there and see EXACTLY what you will be paying me?   NO
Can i go to your pool and make an estimate of what my earning may be? NO I CAN NOT
Can I go to your pool and see anyhting of use to make it worth pointing my machines there? NO NO and NO
Can i see what your payout is without a calculator to tell me after I take a network hashrate and divide it by the crack of your ass then multiply that by the amount of bullshit that flows from your lips and add it to the % of ignorance you seem to have towards me. NO I CAN NOT.

Like a flaming candle I can see your temper rising with every post you make, its not nice when  YOU are backed in a corner of your own deciept and bullshit is it? HAHAHAHA

You have lot to do on your pool that seems to be hiding EVERYTHING a miner needs to make an informed decision as to whether he should mine there or not?


first let me say ou are very welcome for heloping you clear up your misunderstanding and factual lacking opinion of BaN I am glad to help

Second let me say


This is the most positive thing you said in this whole thread THANK you

Thank you very much for correcting me. I'm sorry for not understanding bitcoin mining on any level the way you do and feel humbled by your knowledge. I shall diminish now in the vast glory that is your infinite wisdom.

P.S. You're a moron and I'm not wasting any more time here.

Just something interesting for the p2 trolls that float by has done a 11 day test here BAN vs P2 pool

And well the results speak for themselves.....

Mining on 820 gh on both pools

The p2 pool paid out a grand total of   0.06576185  for 11 days so the div by 11 = 0.00597835 btc a day on avg
The mining was done on the following BTC address 14hK4PKZyisS5HECapW9jmmUfuMRt4D9o3 and all payouts from the 5th to the 16th can be traced back through the block chain to P2 blocks etc.    The mining rig was parked on the following node and still is atm http://203.219.14.204:9332  But after this little test it will NOT be on the P2 network for much longer as the earnings were down by over 40 percent on the rigs expected earn  With this I can go back even further with the data to the 30 oct when I 1st hit the p2 pool and it even worst the payout numbers.. (so 16 days worth of data)

BAN paid 0.125996332 for the 11 days an avg of 0.011454212 a day

the expected earn for 820 g is 0.01041292 btc a day

I think results speak for themselves and the P2 users may want to look very close at their payouts and compare them to other pools before shooting off in other pools threads in future and make sure their own pool backyard is paying users out correct to their expected rigs earnings before shooting off and NOT 40 percent DOWN on it   As this was a very surprising result to see how far off the actual payout VS the expected was OUT

Just for people that do not know P2 uses a PPLNS payout plan for payments

Have fun trolls explaining how the p2 pool payouts balance out over time as this was no means a short test...   and here are these clowns trying to label BAN a scam lol...    I would say a pool that paying 40 percent lower than a rigs expected earn is a scam  As and be highlighted by some research on the above btc address and node and the P2 pool block hits

PS this is NOT AIMED AT KANO POOL IN ANY SHAPE OR FORM BUT THE P2 POOL

If I was scam enough to use the same deception as you are using to promote BAN, to promote my pool, I would be able to say that people will get WAY more mining at my pool than any other pool in existence so far.

Since the pool started, anyone who has mined non-stop has received >200% of PPS.
Anyone who started just after we got the one slow (222%) block since the pool started, will have received almost 300% PPS.

However, I will not use those facts to deceive people about the pool, like you are doing.

What is the difficulty % of all the blocks BAN has found?
At my pool it is currently only 47.43% (i.e. greater than 200% PPS payout) ... due to luck ... ridiculously high luck, but luck none-the-less.

I'd suggest s0br tell you to shut the hell up and stop posting this crap in the BAN pool threads ... unless he thinks that's OK to do that?

Edit: ... though there's another fact I could point out that exactly uses your logic ... the pool made 37.5BTC that it didn't payout to it's miners ...

Actually, My arguments are based on factual information available even to you, go look for yourself!! They are FACT no matter if you like it or not, where in those numbers do you see nonsense, they were pulled directly from the work we put in each block, then calculated with the EXACT earnings we make per share. SO what part of factual proof do you feel is nonsense.

As far as long term luck let me share with you and your clans opinions about luck, people like you and your other friends feel it is not worth it to solomine Bitcoins. however if you look far enough and deep enough you will see the 3rd largest finder of blocks is in fact solo miners. So either they are extremely lucky or veterans opinions about solomining are nonsense.

So, in conclusion, your comment in general is nonsense, and long term luck is just that LUCK. no one can predict what will happen in the future. every pool has a chance to solve every single block in a day or no blocks for a week. If you know business economics and finance you can run a very profitable pool. dont cash your coins out for that 200 inch TV you dont need, dont cash your coins out for that car to mae yourself look important, keep the coins and reinvest them to make more profit until you have the freedom to buy what you want.

The bottom line is no matter how you feel, no matter what your friends agree with like or dislike, BaN has the largest payout system of most, if not all pools out there right now, they are the most punctual in payments, their customer service addresses each and every aspect of our concerns and is top notch, if they make mistakes they reimburse us more than fairly. people will notknow whattthey are missing until it is to late, because if I remember correctly when he first posted the pool it said it may not be open membership forever. I hhope he is testing all of you and once you all do see how profitable it is he locks every one of you ouut and lets all of us reap the benefits of being loyal supporters.

Explain something to me, why whenever proof is provided with facts about this pool do you guys all say our comments are "nonsense" or "lies" why when pictures were given as proof do you call them fake, If s0br and his admins dont respond you say they are hiding, if they do respond you call them names and say they talk bullshit.

Why when you are proven wrong with facts based on what we are gaining can you not accept that you are wrong.


yes the pool gets lucky, all pools do. We had a few nice days this month and we do a lot of the months actually 3 or more on some days none on some. but in the end as long as he is solving an average of 1 block a day i think his business structure is still profitable, in October our luck gave us an average of 1.36 blocks a day

What I proved here is first how lazy the people complaining about where the 10% was coming from, because they refused to look on the site, where all the stats and information on each block we mine is located "IN PLAIN VIEW" and do the math for themselves, then I proved to them where it in fact was coming from.

How true ck as luck is only temporary ...good and bad. The last 24 hours has been good to the pool but the prior 24 hours was not so kind.