Blastcoin
Posted: Fri Dec 18, 2020 11:11 am
I have had a couple SHA256 miners pointed at the pool recently and they have found several Blastcoin blocks - which is apparently some sort of low value merge mined coin.
Every one of the blocks my miners have found shows up as reversed and so brought would have brought no profit to the pool. However, I notice when I look at the selected shares screen it shows that credit for Blastcoin has been paid with an orphan/lost block penalty of 0.63%. I can see 3 possible options. It could be the blocks my miners find are spectacularly unlucky (unlikely). It could also be there is a display bug and these blocks were not actually reversed. The third possibility is that almost all Blastcoin blocks are being reversed and the pool is paying miners for reversed blocks and losing money.
Blastcoin is not worth much anyway - but it is in everyone's interest who is mining here that the pool is profitable to its owners and does not pay for work it should not so that the pool is more likely to stay around.
Every one of the blocks my miners have found shows up as reversed and so brought would have brought no profit to the pool. However, I notice when I look at the selected shares screen it shows that credit for Blastcoin has been paid with an orphan/lost block penalty of 0.63%. I can see 3 possible options. It could be the blocks my miners find are spectacularly unlucky (unlikely). It could also be there is a display bug and these blocks were not actually reversed. The third possibility is that almost all Blastcoin blocks are being reversed and the pool is paying miners for reversed blocks and losing money.
Blastcoin is not worth much anyway - but it is in everyone's interest who is mining here that the pool is profitable to its owners and does not pay for work it should not so that the pool is more likely to stay around.