Quote from: miningpoolhub on December 17, 2017, 01:10:00 AM

Quote from: Silverrune1997 on December 16, 2017, 09:44:38 AM

@MiningPoolHub

Are there plans to reduce the Monero transaction fee?

Lowered it from 0.015 to 0.12
Transaction fee goes up and down.

Take a look at average fee charged from monero.
https://xmrchain.net/

You can see that 0.010~0.035 fee transactions are confirmed.

TXFee from pool is not intended for profit. It's just how monero network works and can't bypass this fee.

This is why many monero miners are using auto exchange feature. It pays much less.

i want to add that monero tx fee is very unpredictable. It is totally different system than BTC or other coin. from what i read Tx fee is shared between everyone who sent a transaction on that block. More transaction less fee. Less transaction more fee per transaction. Do not blame any services be it a pool or wallet because it is how the coin was designed and how it should work. Alternatively the coin actually scales better than BTC as the size of the block is also versatile. There arent many transactions in monero hence the high fee. I may be wrong but this is what the developer explained in one article.