Not sure how many (if any) hashvault users view this sub but I was wondering if anyone would be willing to explain why they would connect to Hashvault instead of a community pool like itnspool.net?
I'm just trying to understand why they're an attractive option to so many new users (unless they're wanting to mine for an extremely short time and plan to sell coins the second they hit their wallet, even then the exchanges are not accepting deposits last i checked)
-edit- Adding more because this looked way too much like a purely shill post. The reason I ask is pre-fork Hashvault had a pretty large percent of the network share and even though they were slower getting up and running again they're slowly returning to having close to 50% of the networks hashrate. I expect for most people its because blocks are more frequent, but your personal ITNS income stays similar because your % reward of the block is lower (not to mention its cause and effect, more people go there for the faster blockrate and thus causes the faster blockrate). Hashvault also has slightly higher pool fees and slightly worse luck over the history of their pool so in theory their users have made less in comparison. Hashvault also has a higher minimum payout so if you're only a hobby miner you can potentially reach your payout faster elsewhere.
So I have thought about it, i just cant seem to find the logic...
I just discovered Intense Coin yesterday and it looks like an interesting project. I started mining it for the first time last night. I downloaded the wallet from https://intensecoin.com/ and got my address. Fired up my rig and let it do its thing until this morning. I checked my mining pool to see I had mined 1600ish coins overnight. I then checked my wallet to make sure they were showing up and they were not. After reading around from some mining pools site, I realized I need v2.0 of the wallet software as the version I downloaded from https://intensecoin.com/ v1.4 and syncing to the old chain. I am assuming there is no way to reimport the wallet into v2.0 when the v1.4 software is what gave me my wallet address and private key. Anyone have any ideas? By the time I figured all this out I had mined like 2300 coins I think, so not the end of the world, but still a bummer.
It is frustrating that downloading the wallet from what I thought would be the direct source was not correct and that I should have downloaded it from a link from the mining site. Hopefully if any devs see this they could fix that so others don't experience this same problem.