The fee is to pay for costs of operating the pool, build reserves for operating the PPS side of things, and to pay for the time involved in support and upkeep of the pool. You are complaining about the increase in PPS but higher PPS fees are necessary to keep pools in operation. Did you read the part of my "Upcoming Changes" that explained the reserve requirements for PPS pools? Do you have The 3,000 BTC necessary to keep a reserve for a low fee pool? PPS pools can pay hundreds of BTC of funds keeping the PPS pool going through the bad luck periods. I need to raise the fees to reduce the chances of pool bankruptcy. Just like all the other low fee PPS pools like Mt Red and Ozcoin. Why do some other pools have 0% fees? I don't know - maybe they get subsidized hardware to run it. Maybe they have plenty of money and it doesn't matter to them what it costs. As a miner you are free to choose where to mine. Have fun choosing. +1 I read the upcoming changes and I think they are just fine, and necessary, if we want to see Bitparking survive. |
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I checked all my accounts and balances.
I am happy to report -- everything is right where it should be.
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The reality is that there isnt a 2nd scrypt coin worth mining, PERIOD, even if its mergemined for free, you should NOT support scams like Novacoin and pump-n-dump coins with massive premine like FC.
What else shouldn't I do? +1 |
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Hmmm... The Pirate Bay was compromised a few years ago.
Feds seized the individuals and their servers... I find it odd that the site is still in operation.
Call me paranoid......
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WMIkrut highest bid: 0.1 BTC. Will go for that if no higher bid by midnight.
BBQ's received and BTC sent! Thank you!  |
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Transaction fees are important as they were designed to go directly to the miners.
Now, this is not always the case.
If you're mining with P2Pool/Solo Mining you will receive a portion/all of the transaction fees associated with that block. (Sometimes the reward is 50.4... that's transaction fees).
If you are mining in a pool, check to see if they keep/share transaction fees.
Transaction fees are what will ultimately keep the system alive once minting of new coins has completed.
After this point, mining will return funds from the transaction fees throughout the system.
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Honestly... I've been using btc-e... for a LONG time.
I have never had any problems with coins in/out -- and they have even made several Paypal payments without any issues at all.
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I could still withdraw/deposit it I wanted.
However, the main page is blank -- which is kind of strange... unless there is nothing to buy/sell.
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Ok I'll check that out and the confirms.. but most pools go by the 120 confirm standard.
Understood! |
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Not to mention a HUGE block chain... Did I mention huge?  |
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Interest index for 2013-04-24: Threads considered: 77 LTC: 28.4632034632035 FC: 26.8398268398268 XRP: 10.0649350649351 BBQ: 5.19480519480519 NVC: 3.8961038961039  : 3.8961038961039 TRC: 2.92207792207792 PPC: 2.5974025974026 FRC: 2.5974025974026 BTC: 1.83982683982684 scrypt: 1.2987012987013 mining: 1.2987012987013 SmallChange: 1.2987012987013 NMC: 1.2987012987013 MC2: 1.2987012987013 ICX: 1.2987012987013 GoldSilverAltCoin: 1.2987012987013 DVC: 1.2987012987013 These numbers are interesting, but probably useless.  Statistically fun to look at! If I have a conversation about BQC with someone, it's 6x more important than BTC... but only half as important as an FC conversation! |
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I'll give you 0.1 BTC |
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who is Fontas ?
A member in BTC-e chat... usually starts panic sells to drop prices of a coin. I've seen him (and his alternate ego accounts) do it several times to Litecoin. It's usually all hot air... I do the opposite of whatever he rants about. |
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Just another note... you may want to adjust the confirms.
Solo mining requires 12 blocks before maturity... this pool requires 120.
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Lol when i send coins from 1 address to another address between 2 wallets, the receiving wallet balance goes down by amount of coins sent then back up to its previous state? wtf lol
lol... double spend built right into the wallet! Now that's innovative!! |
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I have 3 6950's mining litecoin using cgminer. 2 of them get around 400 KH/s. The third one gets only 80 KH/s. How do I get the third one to get 400?
If all three are in the same machine, make sure your PSU is sufficient for all three cards. |
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Same thing here... I think he makes them on an as-needed basis.
However, I can say that every cable I have ordered from him has worked flawlessly.
I used one other vendor who provided two faulty cables... (but replaced them quickly).
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BTW =-= I wasn't bashing FC... I love all Alts! I like owning anything that is considered 'a piece of history' in terms of how value is stored. Oh yeah, they have a word for people like me .... collectors!  |
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When I try to set the auto payout threshold to 200 it reverts back to 99.99 |
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WHAT IS THE PURPOSE OF FEATHER COIN, AND DOES IT SERVE ANY PURPOSE ASIDE FROM BEING PURELY A SPECULATIVE PUMP N DUMP MACHINE?
I'd like to know the purpose as well; six pages into this thread & there still isn't a decent reason given for the actual point of FC. My guess: perhaps the intent is panic and seeking shelter from ASIC mayhem. Since scrypt is the only safe haven from that area -- there seems to be an awful lot of interest in creating scrypt based coins. |
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