Mineral can you answer me something please
"Outdated info, POW stage is over:
These are the only legit pools that you can mine Minerals at:
SCV (1% fee) US East (N. Virginia)
DRONE (1% fee) EU (Ireland)
PROBE (1% fee) US West (N. California)
MULE (1% fee) US West (Oregon)
REFINERY (1% fee) Asia Pacific (Singapore)
EXCTRACTOR (1% fee) South America (São Paulo)
"
If you had 6 pools charging a one percent fee, and you were the only place to go to to mine the coins for the entire POW stage. Doesnt this mean that at the end of the POW stage you had 6% of all coins??
Does this seem fair to everyone?
Please let me know as I am curious if my math is wrong. Its early so it may very well be lol
No and here is why.
So if 100 pools charged 1% then they would have 100% of all coins using your maths.
let me put it this way, if there were only 2 pools to get all the coins from, and those pools mined all the blocks, and took a 1% fee from each block, then would those two pools not each own 1 percent of the total coin? once all coins in POW were mined?.
This is very simple. I don't understand how you are not understanding this.
Assume coin total is 100.
1% of 100 = 1
If two pools, each charging a 1% fee, mine an equal amount of coin, they will end up with 50 coins each.
1% of 50 = 0.5 x 2 = 1
Coin total do not become 200 just because it is mined in two pools.