Post
Topic
Board Service Announcements
Re: [ANN] NiceHash.com - innovative professional cryptocurrency cloud mining service
by
kenshirothefist
on 17/04/2014, 16:05:27 UTC
Hi, can you please explain the fees?  They're not 2%.

I've tested the service with two orders 0.01 BTC each:

2014-04-17 14:56:24   Comment: Fee order #677   -0.00069000   
2014-04-17 14:56:23   Comment: Payment order #677   -0.00931000   

2014-04-16 11:17:42   Comment: One time fee order #327   -0.00010000   
2014-04-16 11:17:42   Comment: Payment order #327   -0.00990000   

Yesterday's order 2014-04-16 11:17:42 was before fee's (we introduced fee like 20 hours ago, as we announced), so only static one-time order submit fee was applied.

Today we introduced editing of orders (https://bitcointalk.org/index.php?topic=562238.msg6265356#msg6265356) and thus raised static one-time order submit fee (to prevent spamming with orders and to encourage you to rather edit existing orders over canceling/submitting new orders), therefore the calculation for order 2014-04-17 14:56:24 would be:

0.01 - 0.0005 one-time order submit fee = 0,0095 - 2% service fee (0.00069000) = 0,00931

Hope this clarifies your concerns. Thanks for your support and welcome again!