I want to try it out but won't be starting until I see real numbers for fees. The way it's worded, you can take 100% fees if you wanted. What is the cap? And what are the fees if it's running at 0.01BTC/MHs/day?
I mean you just started and already this whole thing is looking pretty shady. As someone above said, be as transparent as possible. Worst case, set a fee for now and if you want to change it later, give a 15 day notice or something and change it, that's all.
Agreed. I have considered pointing some of my hashing power here, but there is simply no point when this pool is using a "worse-than-middlecoin" model with no transparency. Tell us what coins we are mining, and how much is unexchanged of each coin. This is why wafflepool is getting the hashrate they are, and it's only going to increase. People want stats, not just "point miner here blindly, get paid". If you want that, you use middlecoin, where at least they are telling you the fee schedule (and have enough hashing power to mine doge with low variance, so will probably trump this pool's payouts regularly).
As for fees, not stating fees is holy unacceptable with so much competition. I am surprised the pool has the hashrate it does given the current complete lack of transparency.