Topic: Triple your income from mining with mini-pools! - page 9. (Read 16995 times)

The 1% you refer to is redistributed to the pool by way of an incentive so I dont see it as a cost.

And anyone can get a friend or referral to signup and anyone can sign up a large pool. Add the benefit they get from that, subtract from that the 1% cut their 'missing out on', & they are still way out in front. The idea of this pool is not so people lose money but to increase their return and I fail to see how I (for example) may get 4 signups, and one of my signups gets 10 referrals, and I'm somehow better off than him when I get no 'flow on' return from his referrals??

The site is brand new and the owner has a lot of work still planned for it. Did you get a verification email after you registered? If so, and you've clicked that all I can suggest short of emailing them is clicking on 'lost password' and try a new one?

It seems like there's no money required to join your pool. But in reality, the "cost" is the lost earnings of the 1% of the 50 BTC found in a block.

This is just like the pyramid emails I get where they ask me to send them $100 and then I can forward the email to 3 of my friends that will each give me $100. The people at the bottom of this pyramid scheme will always lose, because they won't have friends to help them make back the 1% they are losing out on.

Anyways, just my take.

A lotta errors on the site, can't even login.

Pyramid schemes require investment, go down multiple levels, and eventually implode upon themselves when the money runs out. None of these things apply to this pool.

Firstly, the only people in my pool are those that sign up directly under me. They are free to go on and sign on as many people as they like under them and I have no interest in it at all.

Secondly, IMO theres no investment or payment required to enter the pool.

Thirdly, people are free to join and leave the pool if they choose to do so with no loss whatsoever.

I think 'Networking' is a more apt description ie: The pooling of resources for mutual benefit. It really is just a pool within a pool.

I'm surprised that people are trying to create a mining pool with a pyramid scheme. Well, I guess I'm not that surprised.

Hey all, come join my mini-pool (and in doing so start your own!) & let's make some Bitcoin!

Triplemining is a BRAND NEW mining pool, and has not found any blocks yet however there are a number of very good reasons to mine with them:

Whatever your hash rate, all current pools give you more or less the same results. But Triplemining offers you the opportunity to triple your results by way of a clever 'minipool' system. As soon as two of your friends or referrals (with equal or superior hash rate to yours) join you & mine with Triplemining too, you increase your BTC mining income dramatically (note: your friends do not need to have a higher hash rate than you, but the higher the hash rate - the more you make).

With Bitcoin mining, rewards are commonly based on your pool hash rate, mining difficulty, and luck. For this reason big pools can be depressing, especially if your hash rate is not that great, while small pools with a streak of bad luck can leave you feeling frustrated. Triplemining addresses this by allowing YOU to bring together a medium-sized pool with no fees together with clever redistribution of 1% of every block found, to allow your share to grow more rapidly than on any other bitcoin mining pool!.

How do they achieve this?

For every block found, they redistribute 1% of the profits to all minipool owners (people that have 1 or more friends or referalls mining with them) - that's you! The redistribution is passed onto the shares found by your friends, not yours! So if the hash rate of your friends equals or is bigger than yours, your part in the redistribution will be equally bigger!

There's also a Jackpot you can win! For every block found this jackpot is increased by 1% of the total taken from people who are not part of someone else's mini-pool. Once a week the jackpot is paid-out randomly to the finder of a block, provided they are actively mining when the jackpot is drawn! By doing this Triplemining is virtually 'fee-free'.

If you're not convinced yet, consider this:

Statistically everyone has the same potential chance of finding a block. Its like a lottery - the main variable is time. However, the other factor is 'hash rate' - you can improve your 'luck' of finding a block if you increase your hash rate. But that means new hardware right? - Wrong! With Triplemining, you have the opportunity to increase your hash rate by adding friends or referrals to your very own 'minipool'! In addition, your Bitcoin mining can also be rewarded with their weekly Jackpot. So in a way, the fact they are small and new is good news is in fact a further bonus.

Jackpot Bonus! - Launch Special

From June 29th through to July 8th they will distribute 0.5 BTC through their Jackpot every day, irrespective of whether blocks are found.

If you are looking for BETTER REWARDS and BIGGER share participation, Triplemining is the way to go.