I had all but considered that money a total loss. However, to their credit, they made good on the earnings. I had since moved to another pool, because frankly I thought they were going under. Although looking at their performance results of late, that may still be a possibility.
The number of blocks being found is therefore significantly reduced. If one takes a look at the statistics available on their site, one can see the problem. Over the last 4-weeks they have found 36 blocks. That averages about 32 coins a day over that period. Averages over the past year are bitcoin affiliate network down 22 coins a day. The math of the earnings miner shares for the 4-week period are about 45 coins a day.
If one calculates on the yearly bitcoin affiliate network down, the picture is even worse. So… what is a miner to do??? I still think they need to come clean on what has transpired over these last couple of weeks, beginning about the time they advised they were being extorted by a group threatening to shut them down unless they paid a ransom in Bitcoin. Shortly thereafter the site went dark for many hours. That is also about the time the periods of bitcoin affiliate network down seemed to grow longer.
I would like to return to their pool, but at this time I will not until they explain the problem s and how they are addressing the situation of delays in payouts, and future plans to resolve such. At this point, without reassurance of their stability, I am not yet ready to risk the possible loss of funds.
There is no recourse if BAN were to cease operations, and be unable, bitcoin affiliate network down unwilling, to make good on any earnings up to that point. I would simply be out the money with no one to blame but myself for having ignored the warning signs. Hopefully someday I can re-task my miners to mine in their pool.
Hello everyone… it appears Bitcoin Affiliate Network worker participation is still declining. As you can see by the below graphic click to enlargethe worker count has fallen belowand as of this writing is sitting at I have seen bitcoin affiliate network down at over at times. You will also see in the graphic that I have over half a Bitcoin trapped in there, and I have not had a payout in over 8-days.
You will also see in the next graphic below, 5 blocks have been found since my last payout. WHERE is the money going??? Are some being paid and others not? And if not, why not? Since the payout hierarchy or procedure is not bitcoin affiliate network down listed, could one reasonably assume that perhaps those with the highest hashing power are being paid first?
My hashing power averaged around 7. Even when the worker count was normal, I was listed in the top If I am not being paid out, who bitcoin affiliate network down Bitcoin Affiliate Network needs to come clean on the issues surrounding their troubling recent past. They need to, at the very least, issue an explanation to those bitcoin affiliate network down owe money to. If they have any hope of recovering their lost participation, they need to issue a public press release detailing the issues, and what they have done, or are doing, to resolve the situation.
I figure I am not unlike many others that have directed their mining capacity bitcoin affiliate network down another pool. I could not justify risking any more costs with a declining chance of payment. Hopefully Bitcoin affiliate network down get paid at some point, but that confidence is at present next to nothing.
I cut my losses and moved on. The pool I am currently participating in BTC Guild seems to offer a better user interface, and they are finding blocks about every few hours. They have found 5 today and the day is 14 hours from being over.
Yes, a larger pool means more shares have to be paid to other workers, but with so many blocks being found there is a much higher confidence level of being paid out on time. So folks… certainly make your own decision, but at least you have some information to decide upon. Lacking little or no information from Bitcoin Affiliate Network, one needs to determine the importance of such. As of this writing I have not seen any explanation whatsoever about what happened. I have not had a payout since 2: Also, the number of pool workers is currently down to as I write this post.
That is not good. There have been times when I have seen the number of pool workers approaching Could this be a death spiral? The less workers, the less chances of finding a block… the less blocks found, the less likely there will be a payout. Fewer payouts means more miners will pull their workers and move to another pool, which leads to even less workers… and on and on down it goes. Bitcoin Affiliate Network needs to tell the mining public what is going on… and they need to do it fast.
Miners are voicing their opinion by pointing their mining bitcoin affiliate network down elsewhere. They appear to be leaving in droves. And who could bitcoin affiliate network down them. I suspect either they will come clean and address the issues openly and honestly, or, the small number of miners remaining may see the site go dark again, and possibly for good this time. At the website this morning, Bitcoin Affiliate Network has posted the following message note on the site: I entered the chat function and bitcoin affiliate network down information.
The next graphic is the results of that effort: You can see my frustration at not being given ANY explanation as to the issue, when it will bitcoin affiliate network down resolved, or, the safety of my investment. This is simply unacceptable. As I stated in one of my comments to the board… management has a fiduciary obligation to provide information on the issues, and what is being done to safeguard their investment. Hopefully, Bitcoin Affiliate Network will realize the importance of good communication, and be forthcoming and forthright with an explanation of the current issues.
And in my opinion, they need to do that immediately. Suggest backup pools for the time being. In closing Rudolf states he hopes this clears the dust a bit. What do you bitcoin affiliate network down While I appreciate the response, it does not offer any more than the next to nothing they have already put out. Message on site states: In searching the web for information, I came across this post from AllCrypt.
In addition to an overall message readers could take away from the post about keeping too much of your coins in an exchange, I was awestruck by the honesty and detail provided by the post.
Much respect goes out to AllCrypt for being so upfront and straightforward with their bitcoin affiliate network down. However, I still have not received an explanation as to the issues involved with the bitcoin affiliate network down of the site, or the extremely slow payouts. My account is set up for payouts every 8-hours. So… while still nervous about the stability of the service, I have redirected my miners back to their site.
I strongly look forward to BAN releasing a statement detailing what happened, and what actions have been take to prevent such in the future. What are YOUR thoughts? Let others know by leaving a comment. As always, feel free to comment with your thoughts. Stay tuned… I suspect something will happen very soon.
A trading toolkit for building advanced trading bots on the GDAX platform. Anything contained within this video is intended for educational purposes only. Naturally, talk about the direct transfer of something material speech does not go.