Zpool.ca: Does it take 20-22% fee?

[Storx]

I am just trying to clear up some things im still confused on.. i have been mining going on 2 weeks now.. since switching to zpool.ca the profits on any calculator is about 20-22% more than my actual earning reported on zpool.ca wallet... is this really a thing or is every calculator out there wrong? because i was under the impression the pool fee was only 2%

[felixbrucker]

I am just trying to clear up some things im still confused on.. i have been mining going on 2 weeks now.. since switching to zpool.ca the profits on any calculator is about 20-22% more than my actual earning reported on zpool.ca wallet... is this really a thing or is every calculator out there wrong? because i was under the impression the pool fee was only 2%

yes, pool is stealing ~20%

see old ANN thread, last 10-20 pages or so

[antantti]

Calculators are only calculators, they can be wrong too.

You have multiple cards right? Do a test, point one to yiimp.ccminer.org and second to zpool.ca, both to skein ports, add c=DGB to get payouts in DGB. Let them run and monitor earnings. Which pool wins? I would be very interested to see the results.

Zpool.ca lost the trust of senior miners somewhere in second half of 2016, I hope they have finally fixed those problems.

see old ANN thread, last 10-20 pages or so

To make it even easier:

https://bitcointalk.org/index.php?topic=1260863.2780

[sp_]

The stats are correct but the return is almost always lower on zpool than on the other pools that doesn't autoexchange.

ex:

skein

zpool.ca 24hour    payout per ghash: 0.00449BTC
yiimp.ccminer.org payout per ghash:  0.0062BTC

+38% if you mine on yiimp and exchange your coins yourself.

But zpool is more profitable than the nicehashminer..

[Liquid71]

I can't believe people still mine on that pool and many of them know about the pool is stealing, it's just insane

yiimp pools are most trustworthy, I trust supernova, and nicehash pays per share. Rest are a gamble, zpool is the greediest of the pools that cheat and steal which is why it's so obvious

[minerx117]

The stats are correct but the return is almost always lower on zpool than on the other pools that doesn't autoexchange.

ex:

skein

zpool.ca 24hour    payout per ghash: 0.00449BTC
yiimp.ccminer.org payout per ghash:  0.0062BTC

+38% if you mine on yiimp and exchange your coins yourself.

But zpool is more profitable than the nicehashminer..

Fact i actually test (not speculate)

i've test with multiple rigs had 1070x4 on nicehashminer / another 1070x4 and zpool nemosmier  /and another 4x1070 on nemosminer Mining Pool Hub  

the zpool version is making more every week so i don't believe there is any theft going on my payouts seem to always be correct..

ex:

blake2s

zpool.ca 24hour    payout per ghash: 1.17497BTC  
yiimp.ccminer.org payout per ghash:  0.41053BTC

+186.2  if you mine on zpool

zpool blake2s and lyra2v2 are 2x the profitability compared to  yiimp.ccminer.org....

[Liquid71]

C
Zpool.ca lost the trust of senior miners somewhere in second half of 2016, I hope they have finally fixed those problems.

see old ANN thread, last 10-20 pages or so

To make it even easier:

https://bitcointalk.org/index.php?topic=1260863.2780

You sure it was a problem, I was under the impression it was a feature of the pool developed by and for zpool owners

[sp_]

blake2s

zpool.ca 24hour    payout per ghash: 1.17497BTC  
yiimp.ccminer.org payout per ghash:  0.41053BTC

zpool blake2s and lyra2v2 are 2x the profitability compared to  yiimp.ccminer.org

Because yiimp has fewer coins.
If you mine verge/blake2s directly on another pool you earn 20-30% more.

[sp_]

Here is more prof:

After 11 days I finally found a LBRY block:

http://zpool.ca/?address=1CTiNJyoUmbdMRACtteRWXhGqtSETYd6Vd

341 LBC is converted to 0.035290 btc

If I had sold them on poloniex. I would have got 0.048081 (+36%)

[antantti]

You sure it was a problem, I was under the impression it was a feature of the pool developed by and for zpool owners

Tried to be polite, feature it was.

Wonder if someone ever found those coins or was it just classic ...aaaaand it's gone situation?

[joblo]

Here is more prof:

After 11 days I finally found a LBRY block:

http://zpool.ca/?address=1CTiNJyoUmbdMRACtteRWXhGqtSETYd6Vd

341 LBC is converted to 0.035290 btc

If I had sold them on poloniex. I would have got 0.048081 (+36%)

Keep an eye on that block, see how much you get after exchange. If the problem still exists it will be around .028
assuming no drastic price change.

[sp_]

Here is more prof:

After 11 days I finally found a LBRY block:

http://zpool.ca/?address=1CTiNJyoUmbdMRACtteRWXhGqtSETYd6Vd

341 LBC is converted to 0.035290 btc

If I had sold them on poloniex. I would have got 0.048081 (+36%)

Keep an eye on that block, see how much you get after exchange. If the problem still exists it will be around .028
assuming no drastic price change.

I think they have "fixed" the bug  now by displaying 30% less than the market price in the expected earnings. Previously the 30% dissapeared up on exchange. I remember I tried to mine the coin directly by adding a LBRY adress and c=LBC in the password, but it didn't help. 30% was gone.

I don't like to be fucked by the corrupt pools do you?

[joblo]

Keep an eye on that block, see how much you get after exchange. If the problem still exists it will be around .028
assuming no drastic price change.

I think they have "fixed" the bug  now by displaying 30% less than the market price in the expected earnings. Previously the 30% dissapeared up on exchange. I remember I tried to mine the coin directly by adding a LBRY adress and c=LBC in the password, but it didn't help. 30% was gone.

Yes eliminating the exchange makes it more obvious.

If you followed the block from the begining you should be able to confirm:

1. you received the expected percentage of the block

2. the amount of LBRY is the correct percentage and BTC value are correct

3. the BTC value is correct after after exchange after accounting for price fluctuations

In the past the value was correct up to the point of exchange but the exchanged value was always
20% lower than expected. The loss coincides with the status change to "cleared".

[sp_]

They have been scamming the miners for years, but still there are 4715 active rigs/miners connected.

PROS:

- The internet connection is fast and stable
- Many new coins, and little downtime on the wallets.
- Many algos to choose from.
- Autopayment in many currencies

CONS:

- 20% fee or more
- Little Support, hard to get coins that are "lost"

[antantti]

They have been scamming the miners for years, but still there are 4715 active rigs/miners connected.

Only newbies and botnets but hey, it is easy and convenient!

Funny, when one miner dev tried this "what you see is what you get" approach there was almost instant shitstorm. Dev earning too much to my liking? Now, when that same happens(?) on pool, who cares?

[minerx117]

The stats are correct but the return is almost always lower on zpool than on the other pools that doesn't autoexchange.

ex:

skein

zpool.ca 24hour    payout per ghash: 0.00449BTC
yiimp.ccminer.org payout per ghash:  0.0062BTC

+38% if you mine on yiimp and exchange your coins yourself.

But zpool is more profitable than the nicehashminer..

so you "say" its stealing 20% profit.. and still it outperforming nicehashminer must be doing something right...

[felixbrucker]

The stats are correct but the return is almost always lower on zpool than on the other pools that doesn't autoexchange.

ex:

skein

zpool.ca 24hour    payout per ghash: 0.00449BTC
yiimp.ccminer.org payout per ghash:  0.0062BTC

+38% if you mine on yiimp and exchange your coins yourself.

But zpool is more profitable than the nicehashminer..

so you "say" its stealing 20% profit.. and still it outperforming nicehashminer must be doing something right...

you cant compare a marketplace with a pool

what you can compare:

mine coin X on zpool and another pool with same hashrates, dont exchange to anything.
zpool payout coin amount for a given timeframe will be ~20% less than from other pool

[joblo]

The stats are correct but the return is almost always lower on zpool than on the other pools that doesn't autoexchange.

ex:

skein

zpool.ca 24hour    payout per ghash: 0.00449BTC
yiimp.ccminer.org payout per ghash:  0.0062BTC

+38% if you mine on yiimp and exchange your coins yourself.

But zpool is more profitable than the nicehashminer..

so you "say" its stealing 20% profit.. and still it outperforming nicehashminer must be doing something right...

you cant compare a marketplace with a pool

what you can compare:

mine coin X on zpool and another pool with same hashrates, dont exchange to anything.
zpool payout coin amount for a given timeframe will be ~20% less than from other pool

That's not a valid comparison either. Luck can easily cause a large variance, even between different blocks
in the same pool.

You just need to follow a block until it is credited to your balance, verify the credited share percentage matches
your hash rate, the amount of coin matches the percentage of a block, the BTC value matches the exchange rate, etc,
then magically see your balance is credited 20% less than the last value prior to exchange.

If you get paid in the mined coin it's even clearer as it eliminates any exchange fluctuation.

Those defending zpool should just do their own test. I've done my own tests (not recently) and analyzed the data
from two other users who posted detailed information of their tests. Simply comparing with other pools,
and especially Nicehash which doesn't mine coins directly, means nothing.

[antantti]

If you get paid in the mined coin it's even clearer as it eliminates any exchange fluctuation.

I actually tried recently, no matter what I put on that c= field, always auto exchanged to btc. Block -2% matched, after that, who knows.

[felixbrucker]

That's not a valid comparison either. Luck can easily cause a large variance, even between different blocks
in the same pool.

You just need to follow a block until it is credited to your balance, verify the credited share percentage matches
your hash rate, the amount of coin matches the percentage of a block, the BTC value matches the exchange rate, etc,
then magically see your balance is credited 20% less than the last value prior to exchange.

If you get paid in the mined coin it's even clearer as it eliminates any exchange fluctuation.

Those defending zpool should just do their own test. I've done my own tests (not recently) and analyzed the data
from two other users who posted detailed information of their tests. Simply comparing with other pools,
and especially Nicehash which doesn't mine coins directly, means nothing.

this is a valid point, i assumed a negligible variance as i assumed the user has a) large hashrate and/or b) uses an algo and coin which finds blocks on both pools every x minutes and thus reduces variance over a larger timeframe significantly

your approach is by far easier though and doesnt require another pool