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Wednesday, January 9, 2019

Mining the Right Pool




INTRODUCTION

Have you ever heard that miners are not getting real payments while mining? Have you watched countless youtube videos, where they show how little they are getting? Well they are mining on the wrong pools.

Yes today we will show with picture proof and explain why you are suppose to mine only on a peer-to-peer pool this way you will surely see the difference.

Centralized pools

Certain pools are around forcing you to create an account, and then you must use the user name and worker on your ASIC miner. This is not getting the full ptential let me show you a picture of a pool I was mining on.

Note from Block 38340, in the 5th column the reward is 0.03987. It does not carry a steady increase of share revenue every so often. This may be because the p[ool is not connected to the main network and is solo mining each block. Which means the amount of hash power you are contributing will be what you receive, unless of course, a miner comes on with a drastic increase of more hash power than you have. There is no steady increase in shares, in fact it could possibly go down. This shows that the centralized pool may not be for you.


PEER 2 PEER MINING POOLS
Now let us look into a p2p mining pool.




Note on the Left hand side column you will see DGB network hashrate. This indicates that the pool is connected to the DGB network and the entire network is working as a single unit. Now look at the Right hand side where it says, “Expected time to share”, This tells you that you will receive a share increase, (pay increase in share) every 6 minutes and 55 seconds

Q: How does one know what they will be making if they do not stay on the P2P pool for the six month max?

A: THEY DON’T


In closing think of this in this light. The SHA256 Algorithm was created by NSA on the Nuclear launch. Think of the Military you get paid a rate plus, Time in service, and time in grade. This means, the longer you stay on a p2p pool your shares will steadily increase.

Always research for yourself do not listen to anyone else the above sample I showed you the miner only has 39 TH/s and he is receiving 39.05 per block every 9 minutes or so. That is 39 cents at today’s exchange rate per block and there are usually 6 to 8 blocks per hour for a twenty four hour day.

Remember use your own research do not listen to anyone, they may mislead you. Always research this for yourself, as it is for anything else in life.

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