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Author Topic: Q: No Fee Mining  (Read 1020 times)
vertygo (OP)
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July 07, 2011, 09:06:25 PM
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How do no fee pools work ? Do they mine as well, and take their cut that way ?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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r3v3rs3
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July 07, 2011, 09:20:10 PM
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They usually take the transaction fees for themselves.
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July 07, 2011, 10:37:43 PM
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they have a donation scheme in place, really up to you how much you want to give.
vertygo (OP)
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July 07, 2011, 10:47:40 PM
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Heh then either these are lousy business people or the truth hasn't come out yet.

IMHO of course.

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July 08, 2011, 05:52:31 PM
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I use the Eclipse Mining Consortium.  It's a no fee pool and relies on donations.
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July 08, 2011, 07:04:58 PM
 #6

https://mineco.in is 0 fee and distributes the transaction fees to the users too.

We run on donations.

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