Ninjastic
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Board Mining (Altcoins)
Re: I just found out my mining programs have been extoring me
by
gotminer
on 19/01/2018, 04:41:58 UTC
Quote from: malthrax on January 19, 2018, 04:27:45 AM
Quote from: Digital Drug Lord on January 19, 2018, 04:19:39 AM
Quote from: jillscarbrough on January 19, 2018, 03:41:05 AM
Yes, for me it's a natural thing that software developers take a percentage of our hashes (DevFee). That's also a very small percentage. Without Dev software, who will connect to the miner's equipment and the pool equipment or the coin algorithm to be mined? Think of it as a sign of gratitude to them.

what is it 1% every hour of 24 hours is  24%a  day  thats basically like getting taxed by the government...\

24% of myt hashes and electricty the righteous DEV has been STEALING from me


not to mention we have to pay taxes 35%  now on your gains, in America at least.

so now 50 cents out of every dollar is being taken from me, this is barbaric

you're a f*cking idiot.

He's right.  You're not thinking about this correctly.  It's 1%, not 1% every hour.  If you mine $100USD worth of coin, they take $1 dollar out of that.  If they take 2%, they are getting $2 and you are getting $98 out of every $100.  Those are not the only fees you will pay on your way to cash out into USD, but you certainly are not thinking correctly at the moment.