I think you've been beat up on enough, but wanted to give a few comments the other day when I saw this. now, I'll be given fewer, but maybe this will resonate with you, or help you see things from your own obviously miopic viewpoint. First off:
With only 1.2TH at my command, with odds of five quadrillion to one, it found a block! I briefly did the Snoopy happy dance. 25BTC!
This morning I checked my payouts... and there was nothing. Nothing but a measly 0.39BTC for four days of mining.
To equate yourself with the "every-man" while rolling with 1.2 TH/s is insulting. Seriously, It's just fucking insulting. Think about it. Most people at this pool, and most others, are generally under 500 GH/s, and actually even less. I was kind of offended, though I'm not actually capable of felling a wide range of emotions. Offended is closest. You're earning way more than me, and just by being a miner, as opposed to buying BTC, you've got a better chance of making better profit that those who just buy BTC during favorable market conditions. You have a steady stream of BTC income rolling. To put yourself at my level, and many others, is naive at best, and callus at worst, and shows you do not have a grasp on the mining landscape. I had harsher words, but others have already said them. Just be sensitive to the fact that by possessing 1,2 TH/s in gear, and most of us here knowing what that costs, puts you in a different class than many of us who have taken, in sme instances, bigger financial risks to possess much less.
$15,750 had been taken from me! Distributed to the pool! Not one extra bitcoin was given to me for having the miner that did the work. Then I realized what a Communist plot pool mining is.
Yeah, of course it's distributed to the pool. You're also benefiting form the many other miners who are willing to not act entitled and jump to some dumb-ass communist conspiracy. Something tells me your American, as most Americans understand communism from third-party sources that digest it for them instead of reading as much theory as necessary to even be able to use the word correctly. If you want to say there's a social element to it, then you're indeed correct, and that's the whole point. independent miners pool their resources together for the benefit of the group, and as many have pointed out, many of us would earn nothing if we didn't, so it's a logical choice. Also, if you have't read Adam Smith's 1759 work 'Theory of Moral Sentiments' in connection to his 1776 work 'The Wealth of Nations,' you may want to go back and refresh your fundamentals uf how capitalism works, or should work, at the ground floor. People with minimal capital pool resources together to create profit, which is good for the a given economy. When players at ANY level become greedy and feel entitled, while in a sense they are indeed following one facet of capitalism to its logical conclusion, Smith points out that greed is perhaps the greatest destructive force. He also goes on to say that while most markets should be left unencumbered, finance is perhaps the one key area where there should indeed be oversight and regulation. He was also in favor of social programs like compulsory education, relief for the unemployed (minimal like housing, food, and the general basics), and a few other social programs.
What's more, you FOUND a block. As many have pointed out, big deal. Eclipse, for example, counts when you are the last person who actually solves the block. No perks there either.
I don't know, you jump form one extreme to another suggests that you're letting your expectations rule, and are fine with being ignorant and lashing out, instead of having first posted a question as to why this is. You just go to communism, which within your worldview simply equals "bad." You live in a world where you these concepts are actually rather fluid, and you practice all of them without likely knowing it. Do you loan friends $20 bucks for a few days when they are hard up without asking for interest? That's a social undertaking. Even global systems are a mixture of those that have come before, which is why they are so hard to define and are simply pegged in a binary framework of left and right. It's over-simplistic, and if you're smart enough throw down on these boards, you need to see things in a dynamic light, not some static intellectual cage.
This pool may not be right for you, so I sincerely hope that you find one that suits your expectations. I believe that you average miner wants every miner to be pulling in their share since it keeps things moving along. We got into ming partly as a hobby, but also because if done correctly, you'll earn more BTC for less out put that if you simply purchased at the exchange. With mining, you get a steady stream regardless of exchange value. utilizing you earned BTC at higher exchange rates just helps you maximize the investment.
You have no chance to rise above your station in life comrade. Your efforts are for the good of all. You shall not benefit from your efforts beyond the average level of your hashing power.
If you have 1.2 TH/s you have no room to bitch. You already have improved your station comparatively against fellow miners, so that talk is nonsense. It's also more than just mining. You have to set your BTC in motion to work for you when the exchange rate is at your advantage. Don't go acting like to represent the common man, however (would like to point out that this is a very socialist meme as well, which is cool, as I like irony). You've already shown your cards and that you come from a position where you can drop about $6000 more than I was able to.
As for the info out there, it can be confusing. I agree. It takes months of discussion, reading, research, and asking questions. Why didn't ask the people here questions before you accused pools to be a 'communist' plot. No, you got all pissed off because you felt entitled, partly because you didn't understand that you hadn't done any more work than anyone else, and threw a hissy fit. This is unfortunate, as people here could have helped, and would have gladly done so. It would have saved you frustration, and the scorn of many participants here.
I do wish you the best of luck, but you were really talking out of school. There re legitimate complaints for sure, but this wasn't relay one of them. Don't let my low post number fool you. I've been t this for a while. I'm not as into understanding every aspect as some, as I like to find a good pool and stick with it until I find it unreliable, as in the pool doesn't work properly, and the site is just the graphic interface that is occasionally of consequence in my view. Try mining PeerCoin sometime. It's the opposite. The states and web pages are pretty, but the pools are buggy as hell. I don't recall this pool being down in the ~4 months or so I've been using it exclusively. I could be mistaken, but don't think so.
If the info around the web isn't helpful, ask your peers. Good luck to you wherever you end up, and drop the paranoia communist plot BS. regardless of any system, people of lesser means have to come together. It wasn't different in the gold rush when smaller prospectors hd to go up against the comstocks. We're heading in the direction. If we want to keep earning, we need each other and have to subside to the reality that you earn what you contribute. I don't see any alternative that is fairer to the community.
I guess this topic is really been beaten to death now. lol Good luck.
