Quote from: rkinnin on May 09, 2016, 11:38:43 AM

Quote from: kano on May 09, 2016, 09:26:40 AM

Well there's some minor confusion in that, that I don't quite follow his wording

So I'll repeat stuff I've said before and explain it in more detail.

I the past, I paid all the transaction fees from my mining.
No one else had to pay for any txn fees.
Firstly, I used to put 0.002 fee on each transaction - about $140 a month - no big deal.
It seems that bitcoin wants about 0.02 fee or there abouts.
That would be about $1400 a month ... so yeah too much in my opinion.
Our job as a pool is to confirm transactions.
Really it's now pointless using a 0.002 fee since it often doesn't get confirmed by any other pools for hours.

Recently I had my miner off by mistake and when I got to doing the payout my miner total was less than 0.002
So I changed the payout processing to allow me to set a zero fee - i.e. don't take anything from my mining.
I also sorted it out to guarantee that I could ensure the zero fee pool payout transaction would be in our block work.

I've now set the payouts to always be zero fee.
Side effect of it all is the payout will (almost always) only be confirmed by the next block we find after I send the payout.
Current hash rate (30PH) expects on average 3.3 blocks a day, so payouts should be rare to take more than a day.

Zero Fee! Congrats on the move.....and thank you very much. .....especially on the payout schedule too.

Just curious....how much do you actually mine yourself?

Kano is on the Pool Stats page with 3.62THs at the moment... Grin