As some are aware after some financial problems and a hacking incident ozcoin's BTC service is apparently not in service. According to the latest update on the their IRC channel all continued BTC mining is being taken as donations.
I thought some people might appreciate this being made more visible.
(And perhaps— take the moment to remind people that Solo mining and P2Pool don't carry systemic risks of central pool operators getting hacked; and that pools that do coinbase payments generally have less theft exposure then other kinds of centralized pools)
I thought some people might appreciate this being made more visible.
(And perhaps— take the moment to remind people that Solo mining and P2Pool don't carry systemic risks of central pool operators getting hacked; and that pools that do coinbase payments generally have less theft exposure then other kinds of centralized pools)
Just to explain a bit more for new miners, solomining has another completely different risk - much greater variance - which may also see you not get paid if you have a low hashrate and the network continues it's current rate of expansion. p2Pool may not be an option for some miners - I know with my network there's no way I'd have a low enough latency.
Coinbase payments though, that does seem like a good idea regardless of the 100 block wait time - are there any pools besides proportional (Slush) and PPS var (Eligius) that do this?
is it a satellite connection?
i get 200+ms latency to my server.. sure, there's a lot of dead shares, but efficiency still 110%+ usually from lack of orphans
