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Highly discourage using multipool and ilk if you care at all about the coins you are mining. The hash-n-dash behavior of these pools overwhelm a chain with hash
by maaku 13y ago
Highly discourage using multipool and ilk if you care at all about the coins you are mining. The hash-n-dash behavior of these pools overwhelm a chain with hash power causing difficult adjustments upwards, then disappear as quickly as the come leaving the network high and dry with hours or days between blocks. Coins have been destroyed this way.
Heck, even if you don't care about the underlying coins, it's simply not as profitable (because you decrease the value of the coins you mine before you even have a chance to sell them).
- tlrobinson 13y agoI would suggest that if a coin can be destroyed by a multipool it's probably not a viable coin and deserves to be destroyed.
- girvo 13y agoBitcoin at the beginning could've been destroyed by this behaviour, it's only the quirk of being first that means it couldn't have happened. In other words, your statement there is kinda pointless :/
- maaku 13y agoJust about any coin could be destroyed by this behavior, if one or more of the large pools started acting as a multipool. Even Bitcoin could be hurt badly. This is a problem of mis-aligned incentives that hurts everybody, not just particular coins.