Post
Topic
Board Mining (Altcoins)
Re: EWBF's Cuda Equihash Miner 0.6
by
crypper
on 03/10/2018, 08:39:23 UTC
Aw man you guys doing fee 0 really don't understand it. If we give EWBF_ his very well-earned fee, we miners also will earn MORE money in the end. As you see with going from v0.5 to v0.6 EWBF_ can do increases in hashrates about 10-15%. So we all will earn 10-15% more every time he makes improvements. So from this 10-15% MORE we just need to give him 2%. So we still have 8% to 13% MORE money in the end from now on till forever. With fee it's a win/win for both, everybody earns. Give 2% now for getting 8 - 13% more tomorrow. Don't give 2% now, there will be no tomorrow. Because that's the money he needs to do this job after all - but he only can do this work in the long run if he has the time for it and perhaps can live of that. So if we don't give him his fee, he is forced to stop making improvements because he will have no time, forced to do other jobs to earn his money for paying his bills. So you guys doing fee 0 are only harming yourselves because it's you by yourself, that will lose money at the end with your avarice. Don't you get that?
It's better for you to go back to school. You would have earned 10-15% more only if you and only you would have mined with 0.6 while everybody were mining with 0.5.
It's actually not the biggest blunder in his message: If your income increases on 10% and you donate EWBF 2% => your profit still increases on 10% relative to previous profit, not 8% as OP claimed. Consider you are making $100 and donating 2% => your profit is 98. Now with a new version of the miner you would make $110 and donate 2%. Your profit will increase 10%.
But even ignoring the math, the base argument is wrong. If everyone mines with the same miner - it doesn't matter what the performance of the miner is. The better the performance => the larger net difficulty. Your income is the same at the end of the day. As long as performance of the miner is better than one of the competitors, EWBF can stop development. That's what he did with his older miner and everyone was happy for over 18 months (I was Smiley).