Post
Topic
Board Pools
Re: BITMAIN announces Antpool
by
oztusk
on 10/12/2017, 16:37:47 UTC
i found that im getting paid accurately for the found blocks, dead on the numbers in fact. about half as much twice as often at Antpool minus the 30% fees which they just keep.

This was a good enough deal for antpoolers when bitcoin was less of a thing and tx fees were insignificant, with Eligius pool drying up a lot of us went to Ant for the zero pool fee.

Antpool has not addressed the point, now that tx fees are running 25-33% and up (of the block reward), They are simply relying on consumer ignorance (a faithful old freind of the merchant throughout history) to dodge/skirt the issue.
They most certainly do address it.  It's right on their website:
Quote
Assign to you alter Antpool found a new block and the new block confirmations more than 3 (Transaction fees not paid out to miners for maintaining cost and the bonus for our engineers). Earnings = 12.5 BTC * Your share count in 2.5 difficulty cycle / Total share count in 2.5 difficulty cycle
(I put the bold in there so it's clear).

They have ALWAYS kept your fees.

thats an excuse.. not an address..
rightfully it should go something more like..
"... In veiw of the recent rise in the use of bitcoin and the considerable increase in block tx fees, it is only fair that we share 95% of fees to our miners... etc,.. etc,.. dealing in good faith,.. etc,.. and due expectation of ethicality,.. blah,.. blah."
I have ALWAYS known that they ALWAYS kept fees. Didnt matter back then.

Adressing an issue means doing something about it, not making a note of it pre ex facto.