semuxpool_com and semuxpool_com2 pools are back up and running! Fees are now down to 5% for a few weeks. Let's get them back running. Just 0.1SEM min payout, so all votes welcome.
sorry for any inconvenience! Was on vaca and had power loss. Moved payout script to better hosting.
It is a good trend to reduce pool fees. For shure others big pools will reduced it also. Nice for ordinary users )
I would disagree.
A pool requires a 1000 SEM burn to start.
So, a new pool (assuming it could even get started because of the 48,000 required votes) will only, at a 10% fee only, get 8.6 SEM daily.
This means, a 10% fee pool will take four (4) months just to recover the burn fee and that doesn't include the cost of the server/bandwidth. That would require about an additional 2 weeks. And the marketting, etc.
Someone with 1000 SEM would be better off simply voting on a current pool than to start one.
semuxpool 1 and 2 at 5% means it would take over 8 months. Quite simply, it isn't worth running a pool at 5% or even 10%.
I do not believe pools will lower their fees unless they are currently underwater and need the votes they can't supply themselves to keep them up.
You may believe or not. I am in a pool with 5% fees a few months already. Payments are regular!