Re: [150TH] [PPLNS 0.5%] Jonny's Mining Emporium (bravo-mining.com)

Quote from: surferdudemi on January 31, 2018, 10:06:45 PM

Quote from: tubexc on January 28, 2018, 02:19:31 PM

hint: go to page 1 of this topic

Hi, was this directed to my post, or another one? It's difficult to tell. However, the info on page one of this post is over 2 years old and very out of date. Some of it conflicts with what is currently on the website.

I try to keep the first page and the site up to date. If there are discrepancies, please let me know so I can address them.

Quote from: philipma1957 on February 01, 2018, 04:05:42 AM

Quote from: surferdudemi on January 23, 2018, 07:01:26 AM

Have not read through all 92 pages, but I did do a search and couldn't find anything on the payout fee in this thread or on Google. One page on the website, about on-demand payout, says there's an 0.001 BTC fee for the payout. But then the auto-payout field also seems to say there's an 0.001 BTC payout fee for each one. The little ? icon doesn't do anything, so there doesn't seem to be any more clarification on this. Slushpool doesn't have any payout fee, though of course they have a 2% take on the mining. But 0.5% mining fee plus 0.001 equates to more than 2% if the autopayout is set to 0.05 (~$500). I don't mind waiting for payouts to reduce the total fees to the pool, but at the same time, I don't want to have to wait a month. I've currently pointed an S9 at your pool, just to try it out and compare to Slushpool. Can you provide any more info on the payout fee scheme?

Thanks

This is a good question we have not hit a block in a long time I am not sure how jonny will handle payout fees. When we finally hit a block

It is a good question, and one that I missed. The reason I had to change the amount charged per withdrawal was due to the network. Initially I was charging 0.0001BTC per withdrawal; however, after a couple withdrawal transactions happened, I realized that the fee wasn't even coming close to covering the actual transaction cost. Therefore, I changed it to 0.001BTC. Even there it is barely covering costs (most recent withdrawal had a 0.00098BTC transaction fee). I will adjust the fee based on what the network demands.

Since I send to multiple addresses in a single transaction for auto-payouts, I can turn that value down so that each miner isn't paying the 0.001BTC. The way it is now punishes miners who are part of a multi-payout transaction. I appreciate you pointing out the discrepancy and will adjust the auto-payout fees.

Edit: I changed the auto-payout fees to 0.0002BTC. I will keep my eye on the network and fees in general and will update the pool accordingly.

Now we need to find a block