WHAT'S THE PROBLEM ??
Dont know why all you conspiracy people have your tin foil hats on.
#1 If you dont like the deal here move on, nobody forced you to come here.
#2 As long as the BTC come every night, then whats the problem. I dont care where they come from as long as they are deposited each day.
#3 If you are nervous take your BTC out every night and put it in your wallet.
I you REALLY cant afford to take a risk with your money then buy a CD at your local bank.
No one every said BTC mining was risk free, but stop looking behind every tree to find an imaginary boogeyman.
So far, and its only been less than a week, I'm happy with the payouts from the "new" Zenpool.
So far they have beat " Clevermining by about 20 % , at least for me.
What some people dont realize is maybe just maybe Zenpool has come up with some new Algorithms to squeeze out some additional profit.
Remember the pools we are comparing to have been around a while and maybe they aren't exactly keeping up with the latest in mining software.
Maybe Zenpools being the new kid on the block has built a better mousetrap.
Cripes it hasn't even been a week yet why dont we all sit back and see what happens.
And as the old saying goes, if you cant stand the heat, get out of the kitchen.
Bob
Hi Bob,
The problem is essentially #2. If you read the rest of this thread you will see many questions and some numbers that seem to indicate that GAW does not seem to be allocating their hash to LTC or any of the other alts. That makes the payouts very problematic. Ponzi's work by having amazingly high payouts that sucker in more money until the day they stop paying out.
Many in this thread are worried about the day when the BTC does not come every night, or in such small amounts that the miner becomes a guaranteed loss. Thus, considering the precise nature of where and how GAW operates is the essence of making an informed decision. Sitting back and waiting is gambling. If you only want to wait to see what happens and not attempt to figure out the situation, then this is clearly not the thread for you.
Suggesting that the "latest mining software" or age is somehow why clevermining produces as much as 40% (its always more than 20% for me) less payouts in a set period is ludicrous. The algorithm would make some sense if the hash could be seen anywhere and if payouts were not consistently higher than the most profitable alt coin each day.
What do you think? Where is the hashrate going? What allocation of hash matches these payouts? What is your reasoning? That's how we can keep this on track.
