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Title: How Much is BitMain Making from keeping the TXN fees? Post by: Minor Miner on May 17, 2017, 06:01:05 PM Has anyone ever calculated how much miners are actually paying to mine on Antpool? It would seem like a huge amount of money since they are keeping all the TXN fees for "bonuses for our engineers" (I actually found that on their site buried in their section that suggests solo mining and treating it like a lottery).
Title: Re: How Much is BitMain Making from keeping the TXN fees? Post by: Dr Charles on May 17, 2017, 06:04:45 PM Considering they are the largest mining pool I couldnt even guess to how much they are raking in everyday. The discovered 4,731 blocks in the last 6 months alone. Millions every month I'd say.
Title: Re: How Much is BitMain Making from keeping the TXN fees? Post by: Minor Miner on May 17, 2017, 06:07:28 PM Considering they are the largest mining pool I couldnt even guess to how much they are raking in everyday. The discovered 4,731 blocks in the last 6 months alone. Millions every month I'd say. Why does everyone mine there if they are giving up 10-30% of their reward in "semi hidden" fees?Even assuming the TXN rewards at this level are an anomaly, it would still be around 10,000 BTC per year being taken from miners by AntPool. That is some serious coin. Title: Re: How Much is BitMain Making from keeping the TXN fees? Post by: Dr Charles on May 17, 2017, 06:10:07 PM Absolutely, I am guessing because although the fees are being held back... it does provide consistent returns to the miners since the pool hashing power is so strong. In some smaller pools you risk going hours or even longer in some cases to discover a block.
Title: Re: How Much is BitMain Making from keeping the TXN fees? Post by: SA Bitcoin Brothers on May 17, 2017, 07:07:14 PM I think people are uniformed. Antpool is the biggest so they think it's the best....and actually it's not
Title: Re: How Much is BitMain Making from keeping the TXN fees? Post by: HagssFIN on May 17, 2017, 07:09:12 PM Most people are too lazy to find out about other pools, so they just go with the default setting Antpool.
Title: Re: How Much is BitMain Making from keeping the TXN fees? Post by: jonnybravo0311 on May 29, 2017, 03:56:07 PM Boy, this is a familiar topic...
https://bitcointalk.org/index.php?topic=1822144.0 :P |