Post
Topic
Board Pools
Re: Recommended Pools?
by
kano
on 17/12/2019, 13:52:31 UTC
Hmm, ok. Antpool fee for pplns is 0%. That is reason why i chose them. Maybe I will try slush pool to compare profit.
They are preying on the fact that most people don't understand how bitcoin works.
That 0% fee is a lie.

Each block found on the bitcoin network is (currently) 12.5 BTC + transaction fees.
Other PPLNS pools charge a % fee based on the 12.5+transactions in the blocks found.

Antpoo keep all the transaction fees - so yes that is a fee they are charging the miners.

So e.g. over the past 6 months, the average transactions in a block has been about 4% extra or about 13 BTC total instead of 12.5
So they've kept, on average, about 0.5 BTC in fees per PPLNS block.
So, clearly NOT 0% fees.

Though, nothing surprising about Antpoo doing this.