Quote from: ryancpwalsh on March 05, 2014, 06:38:19 PM

I'm not bitching (I actually like it here) - but -- this isn't a virtually free service at all (Terk is making 2%. Total expected right now is 111 BTC, so when Terk closes that off to 0 that's 2.22 BTC in his pocket for 24-36 hours).

People have every right to complain - even if it's difficult to read the same complaint over and over again, just as you have every right to complain about people complaining, and then saying something completely untrue (suggesting that this is a free service).

No its virtually free.

the 2% you are paying covers trading altcoins to BTC.. Not sure how much trading of alt coins you have done but those fees add up.. ESPECIALLY if you are constantly exchaning small amounts of 10 different alt coins a few times a day (if you were doing it yourself.

assume my Mh/s is 4.7 and in a perfect world i get paid .047 btc a day from cleverming. the 2% works out to .00094 or $0.62 usd per day. or 18$ per month usd i'm paying for this service. Now apply the costs of terk's time wether its part time or full time for him + the cost of trading + transactions fees + server costs + ddos protection + knowledge.. My hourly rate is 75$ per out as a consultant and 150$ an hour when billed by my main employer to clients.. is saving 18$ per month worth the hours i would spend mining the most pofitable alt coin, trading for btc, paying exchange/trading fees and transfer fees? no.. because i couldn't all my alt coins and reconfigure miners withing 15 minutes per month.

I pay .00094 btc per day to get .04606 per day, all things being equal.

so it this a free service from the pool manager? no.. Its virtually free since it cost $0.62 per day.. that is a small amount even comparing it to the cost of power i'm paying per day for 4 rigs (.0718 kw/hr)

If he was running this pool out of his house on his home computer then sure, you could argue that he is making alot of btc off the users.. but this is not the case at all. And if he was, you still shouldn't bitch because you can move to another pool that cost less or pays out better for you? the rates are spelled out on the main page for everyone to see. If you accept those rate, which you have, you point your miners at this pool. If the pool is not doing it for you because of fees, profitabilty, or rejects or whatever, you are stupid for not moving to somewhere else. Its easier to make the change yourself vs Terk making a change that effect ever other miner differently then you.

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