They say there is no "dev fee" on the new Zhash miner. Very kind of them, but it seems to me that a 1% fee to cover some expenses such as exchange fees, development costs and publicity might be an easy way to raise some cash? Most of us are already paying some kind of developers fee on the miner we are using. "Our guys" developed this algo and the coming miner didn't they, so it's only fair that they and the community reap some benefit when other coins start to use it, also. Mining and keeping open wallets and stabilizing the network for the benefit of all would also then raise money for the community and bounties for developers. Who knows who might take an interest in this coin with some greater bounties? Just my thinking out loud here as I haven't seen any discussion anywhere of the possibilities opening up with the creation of this one-off miner. Surely someone will want to upgrade the miner soon and they might as well be paid to get after it ASAP as it would benefit all of us, eh? Not to mention exchange fees and publicity funds that could be raised. Anyone?
The introduction of 1% developer fee / community supporting fee might be a good idea, I would support that.
But what about the "No-Dev Tax" & "All contributors are volunteers" fundamentals? Doesn't it go against these?
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BitcoinZ: In Decentralization we TrustIf devs developed a miner, it can be 0% default, but also an option to choose % manually. I would mine at 1-2% for sure. most equihash miners mine at 2% now.
i think the other guy got this wrong, the no dev fee is pointing to the coin regardless of what miner you use, zcash gets 20 percent of what you mine and you pay an additional 1-2% of dev fee of the miner plus an additional x% of pool fee
on btcz case we dont have the dev fee on just mining the coin but we all pay the dev fee of the miner and the pool fee, this new cash where we change algo to zhash we still dont have that dev fee and to our convenience they also made a miner, point is we are suggesting the devs to put in a 1% dev fee on the miner not on the coin since all miner softwares now have a 1-2% dev fee anyway, but difference for this miner software fee is it can go to us being listed on big exchanges whilst if you use other miner software that fee goes to theyr pockets which is fair enough for the effort they gave
since we are first on zhash expect others to copy it and use the miner so putting in a dev fee for the miner software for the development of btcz is also as fair as why other devs that develop miner softwares do