Would you buy a product from an online shop that shows no address, country, or employees?
Several pools are not legal entities so they have no laws they are required to follow or taxes to pay, and obviously you can't chase them if they rug.
Do your due diligence, and if something looks suspicious it usually is. I think checking for an address is an obvious thing to do when choosing who do to business with but it seems like people lose all common sense when they get into crypto.
Topic: WoolyPooly mining pool did wrong calculations on ~20th-25th February (Read 200 times)
March 06, 2023, 04:32:41 PM
The political part of your statements have no place here.
Disagree. Off topic posts are not appropriate, political discussions are off topic. I did neither, I made comparisons using
current world issues with political overtones as examples.
My main beef is people don't do what you suggested, they just amplify the nonsense. As one previous poster said they were
too lazy to do any fact checking themselves, but still say it's true. More ignorant people saying it's true doesn't make it so.
Update 2023.03.10
Well it looks like "the biggest pool fraud in history" has fizzled out. Why am I not surprised? That's a rhetorical question.
It's just another example of people recklessly spreading false information. It's called "going viral" for a reason and it's not a good thing.
It has become weaponized in politics and it works because of what I said above.
Sigh.
March 06, 2023, 03:17:38 PM
It's not very convincing, long winded and little data. It's just their side of Woolypooly's response to a made up conspiracy.
It's just like a Trump election fraud conspiracy.
I've never used Woolypooly, don't know anyone whos has or is involved with it in any way.
I also don't pull my punches.
It's simply my opinion the accusation has no merit at face value and is more likely a smear campaign.
It's just like a Trump election fraud conspiracy.
I've never used Woolypooly, don't know anyone whos has or is involved with it in any way.
I also don't pull my punches.
It's simply my opinion the accusation has no merit at face value and is more likely a smear campaign.
Just posted the link to what i could find. Ive got no dog in this fight. But the more info people can access the easier for them to make their own decision. DYOR.
The political part of your statements have no place here.
March 06, 2023, 02:42:13 PM
The accusations are all based on statistical estimates which are all bullshit.
Again it's just like Trump, take unreliable stats out of context, build a comspiracy narrative around them
and blow a lot of smoke. It's also how state actors like Russia spread misinformation.
"People are saying" there's so much proof. There's a lot of hype about it, but no actual evidence. Show me.
Again it's just like Trump, take unreliable stats out of context, build a comspiracy narrative around them
and blow a lot of smoke. It's also how state actors like Russia spread misinformation.
"People are saying" there's so much proof. There's a lot of hype about it, but no actual evidence. Show me.
March 06, 2023, 11:51:05 AM
Unfortunately there is already too many proofs that something fishy was going on. And sometimes people just too lazy, including myself. My loses was ~20% after calculations regarding other pools...
March 05, 2023, 08:03:54 PM
It's not very convincing, long winded and little data. It's just their side of Woolypooly's response to a made up conspiracy.
It's just like a Trump election fraud conspiracy.
I've never used Woolypooly, don't know anyone whos has or is involved with it in any way.
I also don't pull my punches.
It's simply my opinion the accusation has no merit at face value and is more likely a smear campaign.
It's just like a Trump election fraud conspiracy.
I've never used Woolypooly, don't know anyone whos has or is involved with it in any way.
I also don't pull my punches.
It's simply my opinion the accusation has no merit at face value and is more likely a smear campaign.
March 05, 2023, 10:25:17 AM
Found this regarding this:
https://www.reddit.com/r/kaspa/comments/11gvjj5/the_largest_pool_fraud_in_the_history_wooly_pooly/
https://www.reddit.com/r/kaspa/comments/11gvjj5/the_largest_pool_fraud_in_the_history_wooly_pooly/
February 28, 2023, 08:38:49 AM
Hello everyone!
In the last few days, russian mining community raised hype about unfair payments from WoolyPooly side.
According to investigations and proofs, there is an conclusions that during last months, miners wasn't fairly rewarded up to 20-40% on popular coins (KAS, NEXA, etc...)
Pool administration confirmed, that there was a problems and wrong calculations on ~20th-25th February and trying to resolve thoose.
I really don't want to blame anyone, just stay safe and check your mining incomes by independent calculators and other pools.
In the last few days, russian mining community raised hype about unfair payments from WoolyPooly side.
According to investigations and proofs, there is an conclusions that during last months, miners wasn't fairly rewarded up to 20-40% on popular coins (KAS, NEXA, etc...)
Pool administration confirmed, that there was a problems and wrong calculations on ~20th-25th February and trying to resolve thoose.
I really don't want to blame anyone, just stay safe and check your mining incomes by independent calculators and other pools.
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