|
Title: How can you make money (bitcoins) from the transaction fees? Post by: btcgolong on August 20, 2011, 02:39:37 AM How do you collect the fee? I know the fees are extremely tiny right now, but what is going to make the fees increase as to were they can make an impact? How does the common bitcoin miner/user benefit from the fees?
Title: Re: How can you make money (bitcoins) from the transaction fees? Post by: Serge on August 20, 2011, 02:47:56 AM unless a pool is sharing these fees with their members a common miner doesn't benefit from them at all, unless you solo mining then along with standard network reward you get to collect transaction fees. i don't even know to what amount they get now. later on I assume these fees will make significant portion of miner's reward
Title: Re: How can you make money (bitcoins) from the transaction fees? Post by: helloworld on August 20, 2011, 02:52:56 AM So when a pool solves a block and earns say 50.24 BTC... they still only distribute 50 BTC to the miners?
Is that the standard way of operating a pool? Any pools out there that also share the fees? Title: Re: How can you make money (bitcoins) from the transaction fees? Post by: jackjack on August 20, 2011, 03:00:11 AM So when a pool solves a block and earns say 50.24 BTC... they still only distribute 50 BTC to the miners? Yes, keeping the fees is the common behaviour: https://en.bitcoin.it/wiki/Comparison_of_mining_poolsIs that the standard way of operating a pool? Any pools out there that also share the fees? Title: Re: How can you make money (bitcoins) from the transaction fees? Post by: caish5 on August 20, 2011, 03:01:12 AM ozco.in shares the fees.
|