Interesting this words on devfee and restarting miner ...
I'm using also this method : switching my rigs on the best coin many times per hour/day. Not for not to pay fees but for mining coin with best profit at the moment.
So if fees are launched every time miner starts, fees are more than 0.85% ...
I will try to monitor that ...
I did not reinvent the wheel, every closed source miner that has a fee works this way. I don't understand what's all this wondering now, like you did not know how it works.
The rules are simple :
0.85% is the fee for 24hr mining.
That means 85660 sec mining for user and 740 sec for the devfee.
There are 13 devfee minings in 24 hours , so every mining period takes ~55-56 sec.
The first devfee of 13 total is in the first 15 minutes. If you kill the miner process and start it again, it will again mine the first fee of 13 total in the first 15 minutes.
So when you mined the first devfee its not 0.85% . 0.85% is 13xdevfee's.
So no, fee's aren't more than 0.85%.
To start, you are entitled to a fair fee. Also, you decide what is fair and if we don't like it we can stop using your miner. Which some of us will do, if they feel they are not treated fairly.
So, to check fairness I have made some calculations in Excel.
- when you mine exactly 24 hours, or 86400 seconds, you get 728 devfee seconds, which is 0,8426%, so a bit less than what Dok is saying in the post I quoted. Seems absolutely fair.
- when you stop just before the last devfee, you cheat it down to 0,7783%.
- however, when you stop just after a mining fee was done, let's say just after the 5th, it is 0,8854%
- and this is higher just after the 4th, 3rd, ... rising to a whopping 6,22% just after the 1st devfee which started this debate
So, what I did was average it all out. I assumed the 1st mining fee to be collected in the 15th minute, the second in the 120th minute and then every 120th minute.
When you assume that over all miners stopping in the first 24 hours, their is an even distribution (which I think it is not, I think it is weighted in the first half), the average fee collected then turns out to be 0,9365%. And that's more than 0,85% as promised.
When you look at miners that mine 12 hours or less, the average is even 1,07%.
To get the 24 hour average to 0,85%, mining fee should be 51 seconds and not 56, the average over 12 hours is then 0,93%. The only way to get that more equal is to do more frequent devfee mining, which would hurt us all.
All other options I can think of are difficult to implement
- centrally register start and end time of miners (put it on a blockchain
)
- mine to a central wallet owned by Dok and get paid out the exact 99,15% of what is mined
So then Dok, would you consider it fair to lower the 56 seconds some more to get the average over 24 hours to the promised 0,85%?
