Yep, made a big mistake going to this pool 27 days ago. With 1.3 GH/s I should have had over 3 ETH by now.
But 1.3 GH/s was not enough and the credits required to reach the top and earn a block reward kept going up and up and in the end after a few weeks I realized I had no choice but to rent hashing power from Nicehash to get the block reward. So I spent around 2.23 ETH (Converted to BTC) on Nicehash over various orders and finally got paid today, but only 3.21 ETH. In the last few minutes I had up to 85 GH/s from Nicehash and even then it took a while. What a waste and I wish there were warnings. And I did not get an uncle either. Nope, the uncles went to the miner right behind me, 6 of them which equaled close to 13 ETH!
http://ethpool.org/miners/de2f20d997a7a144cfa5c9f759505a7f4e460a10/blocksThe reason for this is because their policy is to reward the top miners all the uncles. So they are getting swamped by up to 1 TH/s miners grabbing multiple uncles in a few minutes. They are changing this policy on the 12th and will award uncles randomly. But it is too late for many that got screwed dedicating resources to the pool.
Like this miner who seemed to give up near the end.
http://ethpool.org/miners/0d116423467385724a0AAA6Ae13611C1895E0054
Comments
The situation on the pool might improve after tomorrow once they get rid of awarding the uncles to the top miner. I suspect those high powered smash and grab miners will stop going there. I've been keeping an eye on one 1.2 GH/s miner that has been stuck 9 days out from the top for a few days and is now 11 days out lol! I can just imagine how frustrated he must be.
http://ethpool.org/miners/7050Ec08788E389281C98063deF283fe1cCAd9E5
Allow me to invite you to our pool at https://99miners.com/
We can offer you special conditions (with hashrate over 1GH/s). Please, feel free to contact.
As we are young, we are going to support pool hashrate with buying hashpower. When we have enough miners onboard, we will decrease bought hashpower part.