Post
Topic
Board Pools
Re: [2600 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers
by
eleuthria
on 02/01/2014, 23:10:00 UTC
Yeah that is awesome, it's great to see an entrepreneur who started several years ago getting the return on his investment. He has put in all that time and carried the risk, this is capitalism and a free market at it's best. People can mine wherever they want based off their needs for compensation. Whatever they feel is fair. If you're worried about how much he makes, you're not looking at the big picture. It takes a lot to run a pool, it's a business, it has expenses, taxes, legal retainers, all kinds of things you don't get to see behind the scenes. Plus you need to plan and save for growth, emergencies, contingencies, security. It all adds up, does he make a lot, sure, but I'm sure it's well deserved. At the end of the day I'll bet a good portion is going back into keeping things running. You want him to have a large reserve, it means he can weather the storm.

And his calculation was on one of the luckier days.  If he did the same calculation today he'd see I've *lost* money since last night.