Quote from: asc_one on March 21, 2017, 11:08:40 PM

Quote from: aaronsace on March 21, 2017, 10:47:31 PM

Quote from: asc_one on March 21, 2017, 10:46:16 PM

Quote from: TunerDude007 on March 21, 2017, 10:18:57 PM

I would hope MPH makes a small profit....servers need to get paid, owners need to eat.

The pool fee Huh

The owners are probably millionaires for a long time now.

I seriously doubt that.

The Ethereum Pool at MPH is mining at 1212 Gigahash. This is about 2.8 million $ worth of mined ethereum each month right now. MPH gets 28.000$ in fees monthly from the ETH pool only. I am lazy to calculate all the other pools. But I'd say MPH gets about 100k $ each month in pool fees only. If you add the withdrawal fee it's maybe 105k$ or 110k$.
I doubt that the hardware,hosting,employees cost that much....
If you know better I am all ears.

Well ethereum pool grew these days. It wasn't big before.
Some big miners joined when ethereum price jumped. I don't know where miners came from actually. One day it just grew like this and I'm a bit surprised still.

Sadly, the ETH, ETC overpaid issue made me to lose quite big money. And I'm trying to cover those loss from fee these days.
It will approximately take more than 2 months.

I agree that current pool is making much money than I expected.
And I know that someday it will end. Maybe in this year because of ETH transition to PoS.

I'm sure that miners are getting quite big profits these days if they invested GPU/ASIC continually.

Frankly, I don't get big profit by withdrawal fee. Loss from bitcoin pool, little by little from other pools.
Those withdrawal fee profits are used for auto exchange withdrawals mostly.