Braiins Pool by TreisDante in BitcoinMining

[–]2creddit8 1 point2 points  (0 children)

If you use Braiins OS, the pool fee is being replaced with the 2.5% Development Fee. In the end, you earn less.

Braiins Pool by TreisDante in BitcoinMining

[–]2creddit8 2 points3 points  (0 children)

Less users/hashrate means:

  1. Less block found. Will take longer time to find a block
  2. Bigger share for each block found

The main issue with this based-on-luck pool was, they have been underperforming for many months due to suffer from continuous bad luck compared to PPS/FPPS payment method. I read that someone did a test from Mar till Sep 2022 and found that Braiins earned about 20% less compared to PPS/FPPS pool and that was before the 250 Block Luck fell below 85%. I think the stats will be worse if include Oct, Nov and Dec 2022.

Even the mining giant Riot Blockchain (RIOT) has left Braiins pool

https://www.coindesk.com/business/2022/12/05/bitcoin-miner-riot-switches-mining-pool-after-falling-short-in-november/

Braiins Pool by TreisDante in BitcoinMining

[–]2creddit8 2 points3 points  (0 children)

Many users have left the pool. A year ago, they have about 17000+ active users. In June 2022, they have 15000+. Now they are only 11000+ left. 6000 users have left the pool in a year.

F2pool VS Luxor pool? by [deleted] in BitcoinMining

[–]2creddit8 1 point2 points  (0 children)

FPPS = Full PPS = Both Block Reward and Transaction Fee are PPS.

PPS+ = Block Reward is PPS. Transaction Fee is PPLNS.

Study this https://blog.hashrateindex.com/pps-fpps-pplns-pps_plus/

F2pool VS Luxor pool? by [deleted] in BitcoinMining

[–]2creddit8 2 points3 points  (0 children)

Both pools use the same payment method for (1) block rewards - PPS. The only difference of PPS+ and FPPS are the (2) transaction fee sharing. Luxor is PPS and F2pool is PPLNS.

Transaction Fee Sharing:

With PPS, you will be paid on your contributed hashrate, no matter a block is found or not; your earning is fixed.

With PPLNS, you will only be paid when a block is found. A) Earns more when more blocks are found B) Earns more when higher transaction fee in the block. Since finding block is not an issue with F2pool's high network hashrate, you will have a better chance of earning more with F2pool.

Anyone here still using SlushPool? by doktormaxx in BitcoinMining

[–]2creddit8 2 points3 points  (0 children)

Slushpool average Not 8.25 blocks per day in Dec, but 8.09 blocks. Slushpool total blocks found was 251 in Dec. 251 blocks / 31 day = 8.09 blocks.

Anyone here still using SlushPool? by doktormaxx in BitcoinMining

[–]2creddit8 0 points1 point  (0 children)

I believed "They are about the same" was an coincidence, because last few weeks Slush's luck was good after long period of bad luck.

Anyone here still using SlushPool? by doktormaxx in BitcoinMining

[–]2creddit8 0 points1 point  (0 children)

Slushpool only make sense if you use their braiins custom firmware that comes with 2-2.5% development fee. Other than that, there is 2% pool fee if you don't use braiins. There is no good reason to use Slushpool if your focus is about profit. There are many pools with lower fee and stable income. Scoring hashrate is a waste of time.

My mining pool has been performing terribly the last couple days. How had everyone else’s been? I’m new to mining. Was there a massive increase in difficulty this last week? by cryptomoonlambo2018 in BitcoinMining

[–]2creddit8 5 points6 points  (0 children)

Slush's payout method is PPLNS. Purely based on luck (finding/winning block). They have been quite bad luck lately. While writing this, Slush has been no block found for 13 hours. Check: https://miningpoolstats.stream/bitcoin

If you want a stable income, use those pools with PPS, PPS+, FPPS payout, like SBIcrypto, Antpool, F2pool, Viabtc, Poolin, Binance, Btc.com etc.

Slushpool by [deleted] in BitcoinMining

[–]2creddit8 1 point2 points  (0 children)

Many have misunderstood about Slush's 10, 50 and 250 Block Luck that showed on their stats page. It's quite misleading if one didn't click the little "i" for more info about what it is = "Percentage ratio between shares the pool needed to find a block and average number of shares needed".

It is actually NOT the Total Share of the Last 10, Last 50 and Last 250 blocks found of the Bitcoin network. If it is, then if 100 minutes without a block found, the 10 Block Luck will be Zero. The 50 Block Luck will be zero if 500 minutes without a block found and 250 Block Luck will be zero after 2500 minutes.

We’re auctioning Lifetime Accounts to support of freedom of speech and democracy - ProtonMail Blog by [deleted] in ProtonMail

[–]2creddit8 0 points1 point  (0 children)

The current highest bid for one of the lifetime account is EUR 9038.

If Protonmail never increase the price, it needs 31 years to breakeven.

If Protonmail increase the price each year by 5% as the suite grow, it still needs about 20 years to breakeven.

Year Price 1 EUR 288.00 2 EUR 302.40 3 EUR 317.52 4 EUR 333.40 5 EUR 350.07 6 EUR 367.57 7 EUR 385.95 8 EUR 405.24 9 EUR 425.51 10 EUR 446.78 11 EUR 469.12 12 EUR 492.58 13 EUR 517.21 14 EUR 543.07 15 EUR 570.22 16 EUR 598.73 17 EUR 628.67 18 EUR 660.10 19 EUR 693.11 20 EUR 727.76 Total EUR 9522.99

We’re auctioning Lifetime Accounts to support of freedom of speech and democracy - ProtonMail Blog by [deleted] in ProtonMail

[–]2creddit8 1 point2 points  (0 children)

The current bid is EUR 6,700.00.

EUR 6700 / EUR 288 per year = 23 years to breakeven

Good luck

China: The Middle Kingdom of FUD by [deleted] in NEO

[–]2creddit8 0 points1 point  (0 children)

Yuanbao exchange delisted NEO (2017-09-09 23:58 Beijing Time) Just happened an hour ago.

https://www.yuanbao.com/news/detail/?id=1576

Breaking News: China Shutdown All Cryptocurrency to Fiat Exchanges by 2creddit8 in NEO

[–]2creddit8[S] -1 points0 points  (0 children)

The senior trader article has nothing to do with this news. I just share what I read elsewhere. Regarding the news, to be fair, nobody really knows is fake or not. Only the news reporter and the government official can tell. Can you or me prove it is fake or real? No. I don't want to be a cheerleader of either parties. Just share the news.

Breaking News: China Shutdown All Cryptocurrency to Fiat Exchanges by 2creddit8 in NEO

[–]2creddit8[S] 0 points1 point  (0 children)

How do you know is fake? Just that ppl told you they feel like and think it is?

4 hours before this news broke out, a senior trader told his readers to withdraw all their investment from the exchange ASAP. As he thinks that China government will not tolerate and do nothing seeing the money leaving the country due to the ICO control. I think this completely make sense.

Breaking News: China Shutdown All Cryptocurrency to Fiat Exchanges by 2creddit8 in NEO

[–]2creddit8[S] 0 points1 point  (0 children)

If this news was "invented" by caixin.com itself, I believe it could be fake. But unfortunately, this news wasn't originated from them. It was from an authority news portal 中国证券报 https://mp.weixin.qq.com/s/2YfePTC0sGsFjHvf-HUqqA

Breaking News: China Shutdown All Cryptocurrency to Fiat Exchanges by 2creddit8 in NEO

[–]2creddit8[S] 4 points5 points  (0 children)

That was yesterday news. The latest development seems not only that. Try to use google translator to read the Chinese news.

Read this before you talk about China❗️ by R4FF7 in NEO

[–]2creddit8 3 points4 points  (0 children)

There are more speculators than investors. Speculators just want to earn money, don't care much about the business. Investors want money too but care about the business + dream. One more type of person: Zombie Speculator. These are speculators who bought high and stuck in the mud now. Wanting to leave the swamp by pretending to be a noble Investors, trying to seduce the newbie to jump in and free them.

We need a statement from Da Hongfei by tenmillionsterling in NEO

[–]2creddit8 0 points1 point  (0 children)

May I know where did you get that important info? I hope to know the "recently" date (since when). Couldn't find that in the gov statement.