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Question: Will pools double their fees when the reward halves?
Yes - 8 (32%)
No - 17 (68%)
Total Voters: 25

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Author Topic: Will pools double their fees when the reward halves?  (Read 2376 times)
DrHaribo
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October 03, 2012, 08:00:02 AM
 #21

In my opinion the total cost of mining at a pool is more interesting than any single part of the equation.

Deepbit: 3% fee + loss to pool hoppers + loss of transaction fees = about 5% ?
P2pool: loss to orphaned blocks = about 5%

Don't blind yourself by looking at just one of the numbers.

The block finder's bonus at P2pool will cause higher variance for small miners. The big miners who create a block per day will not notice it. If you create a block per year, you will certainly experience higher variance because of it. That's the downside.

The upside is that it helps make blockwithholding attacks more expensive. If you withhold a block from P2pool you don't just lose your regular share of the income but also the bonus. This means pools with a block finder bonus are the most expensive to attack. The cheapest are PPS pools. You can destroy them for free (requires some hashpower though).

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organofcorti
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October 03, 2012, 08:09:00 AM
 #22

Don't blind yourself by looking at just one of the numbers.

I agree - but FUD really annoys me.


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