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URSAY
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June 03, 2011, 07:00:39 PM
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Anyone know what their fees are when mining direct from bitcoinplus.com?
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Reply with quote  #2

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supa
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June 03, 2011, 07:19:16 PM
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I am under the impression it just pools for slush and deepbit - so whatever their fees are.

You can find a whole thread about how it works if you search for a user on the forums named donny

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June 03, 2011, 08:24:05 PM
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I've done some searching but still haven't found info on fees.  As far as I can tell he only mentions fees when embedding the miner on your own website.   Huh
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June 03, 2011, 08:27:42 PM
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Ya, I see what you mean.

I looked, too, and I only saw mention of slush/deepbit fees.

Maybe he'll pop in and let us know. Smiley

I know he must be making something on rounding - you can only payout in 0.01 increments and it will take you a significant amount of time to reach 0.01.  I'm sure there's abandoned millicents abundant.

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June 03, 2011, 09:09:44 PM
 #5

I e-mailed him direct.  His reply is...

"It's just 3%, which is quite small for a pay-per-share system Smiley"

He's quite prompt with the replies.   Cool
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June 03, 2011, 09:32:03 PM
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Current Per Share Payout: 0.00011152BTC
Current Difficulty: 434883

PerSharePayout * Difficulty = 48.49815216

That is ~1.5BTC taken out of the 50BTC reward for a block. In other words, ~3%.

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