Post
Topic
Board Beginners & Help
Re: DGM pools -- bitparking, EMC, etc.
by
drlukacs
on 30/04/2013, 00:10:09 UTC
I think you will be better off at a different mining place.  You seem to act like this place is out to rip you off or something.

Why should he NOT charge a fee, running mining pools cost money, bandwidth cost money, hosting cost money.  A run of bad luck costs money.

If he took the money from the other currencies then you would probably cry that he is ripping you off by stealing your other currencies  Roll Eyes

Again, if you do not like the fees, you are free to go mine elsewhere.  Or better yet, open your own mining pool, maintain it and run it however you want to.

I was not suggesting that bitparking is out to rip off anyone. I simply asked a question about an alternative way of recovering not only costs, but making profit for bitparking, namely, by retaining all revenue from alternative coins mined in the process, but not charging any fees for bitcoin mining.

If the information provided earlier is correct (that these alternative coins provide another 10% revenue), the pool operator would be much better off keeping this revenue, and not charging any fee for bitcoin mining.

My questions is: What is the reason that this is not how the pool operates? It would be a win for the operator (more profit), and a win for all miners, because the opportunity to do pooled mine at 0% fee would attract many miners. So, if the information provided earlier is correct, this would be a win-win situation.