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Author Topic: How can 0% fee pools make money?  (Read 6428 times)
smooth
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March 24, 2014, 02:41:02 AM
 #21

Most so called 0% pools are actually taking some of the mining returns, be it transaction fees, merged mining or both.

The rest are doing some kind of loss leader, either to promote another product, to build their brand, or to build a the personal brand of the operator.

0% fee does not necessarily mean a pool is a good pool to use or that it is a bad pool to use. Don't be hypnotized by that number. It is powerful.

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March 24, 2014, 07:03:17 AM
 #22

Most so called 0% pools are actually taking some of the mining returns, be it transaction fees, merged mining or both.

The rest are doing some kind of loss leader, either to promote another product, to build their brand, or to build a the personal brand of the operator.

0% fee does not necessarily mean a pool is a good pool to use or that it is a bad pool to use. Don't be hypnotized by that number. It is powerful.



eh, what could a scrypt p2pool 0% fee, 0% donation take?
smooth
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March 24, 2014, 07:06:28 AM
 #23

Most so called 0% pools are actually taking some of the mining returns, be it transaction fees, merged mining or both.

The rest are doing some kind of loss leader, either to promote another product, to build their brand, or to build a the personal brand of the operator.

0% fee does not necessarily mean a pool is a good pool to use or that it is a bad pool to use. Don't be hypnotized by that number. It is powerful.



eh, what could a scrypt p2pool 0% fee, 0% donation take?

(The altcoin forum is that way.)

I don't really follow scrypt coins; is there such a thing as merged mining? If not then they're just running a loss leader promoting another product or brand.

Neither a loss leader nor promoting another product or brand means they are doing something intelligent. Might be an ineffective strategy.

They might be skimming (harder in the case of p2pool but not impossible if they are running the node, though they probably get caught at some point, if they're not gone first), but really this could be true of pools with a fee too. Greed is greed.

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March 26, 2014, 12:30:31 PM
 #24

..They must have believed that the market was promising in terms of its profit offerings, so on and so forth.
roy7
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April 01, 2014, 05:18:44 AM
 #25

There are merge minable scrypt coins but I don't believe any of them have real value. Namecoin seems the only one that is worth something.
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April 01, 2014, 06:25:11 AM
 #26

There are merge minable scrypt coins but I don't believe any of them have real value. Namecoin seems the only one that is worth something.

Has no one answered this question yet?  Honest zero fee pools survive off of donations.  It's as simple as that.
maqifrnswa
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April 01, 2014, 08:49:38 PM
 #27

There are merge minable scrypt coins but I don't believe any of them have real value. Namecoin seems the only one that is worth something.

Has no one answered this question yet?  Honest zero fee pools survive off of donations.  It's as simple as that.

http://nastyfans.org:9332/fee
0%, they run on altcoin (namecoin) merge mining.
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April 02, 2014, 04:56:14 AM
 #28

Maybe advertisements on their website
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April 04, 2014, 07:08:54 AM
 #29

There are merge minable scrypt coins but I don't believe any of them have real value. Namecoin seems the only one that is worth something.

Has no one answered this question yet?  Honest zero fee pools survive off of donations.  It's as simple as that.

I wasn't aware there was a scrypt coin that could be merge mined.  I suppose I should look into that.

My pool is at 0% fee, but I'm not losing any money on it, since I pay for that server & have had it for years, anyway.  The processing power & bandwidth the p2pool & dogecoind require is negligible.
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