So ... Slushpool just cracked a 550% that took 8 hours ...
Get ready for influx of refugees boosting our hash rate!
BLOCK DANCE!
Not sure where you are looking, but Slush reports block % favorable. E.g. if they find a block in less than network difficulty, they count that as positive luck. So the 550% block, took them 15 mins, not 8hrs (not sure where this number is coming from I looked back through their block history and I couldn't find an 8 hour block anywhere in that last few days/week).
However, with that said, they are also on the unlucky side by over 20%. In fact all of their numbers show this. 10 blocks, 50 blocks and 250 blocks. But what's worse is that their hash has doubled as well and their number of miners has gone from 47000 just a month ago to almost 97000. Can you imagine how tiny those payout are now. Both *bad* luck and a doubling in the number of users and hash rates.
I moved from Slush, did all the number comparisons, etc and I think I'll just happily stay here thank you very much.
How much hash are you putting out?
Further, and I just looked and slushs luck is really no different from ours right now. Both are unlucky by approx the same percentage on the short term... I didn't look at the longer timeframe.
I'm just a small fish in the wading pool, trying to graduate to the shark tank
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
I ask because you state that you have done your calculations. Based on my current hash, we need to average a block every three days for my mining operation to make more money here than elsewhere. I was wondering what your calculations are.
hmm I guess then I'm surprised you're still here. That would take you back to the Nov/December time frame as we haven't ran 10 blocks a month since that timeframe.
A friend of mine and I mine here, I switched from Slush in mid Jan. *before* the doubling of hash and user @ slush, it took me at average 6 days to mine .01 BTC there. And luck at the time was closer to 100%. For me we just turned .01 in 2+ days here. Yes I know I didn't account for the 600% block. And that block was 165% diff. So I'm quite happy to stay right here and *gamble*.
about a week ago we looked at slush, btc, and here and decided this still was the better option even given the luck issue. What do they say "A pendulum can only swing so far and then has to switch back"
I think the other thing that people forget. A month ago, blocks were paying at average around 15-17 BTC, look at our last 2 - stuck right above the base pay. so that in and of itself is a 25% reduction in revenue that effects *everybody*.