Bitcoin Forum

Bitcoin => Mining => Topic started by: MacCompiler on May 24, 2011, 06:55:32 PM



Title: Who get the transaction fees in the different pools?
Post by: MacCompiler on May 24, 2011, 06:55:32 PM
Who gets the transaction fees from generated blocks in the different pools? The different pool’s Web site don’t mention anything about transaction fees. I assume it is going into the pool operators’ pockets?

If transaction fees are the future of Bitcoin network profitability, then this should be made more transparent.


Title: Re: Who get the transaction fees in the different pools?
Post by: martok on May 24, 2011, 07:03:15 PM
Mine is a smaller pool but any TX fees are added to the block and distributed to pool members. That being said, any TX fees I need to pay are subtracted proportionally as well. Probably a wash at this point. I'm sure when TX fees are a material reward for mining, the other pools will do something similar.


Title: Re: Who get the transaction fees in the different pools?
Post by: FooDSt4mP on May 24, 2011, 07:06:58 PM
Who gets the transaction fees from generated blocks in the different pools? The different pool’s Web site don’t mention anything about transaction fees. I assume it is going into the pool operators’ pockets?

If transaction fees are the future of Bitcoin network profitability, then this should be made more transparent.

Eligius for one is upfront about the fact that the pool only distributes the 50BTC reward and keeps the fees.  Most other pools do the same, but usually don't mention it.  They just tell you how they will split up the 50 BTC.

@martok: can you link your pool?  I'd like to check it out.