Topic: Zpool.ca: Does it take 20-22% fee? (Read 14989 times)
Zpool is a thief
You ignored anyone who did post very detailed analysis.
That let the issue fester. Had you reviewed the analysis and done some
investigating the whole issue might have been explained.
Instead you ignored those who presented data and responded flippantly
to anyone else.
It's your own fault the issue won't die.
BTW I don't like the new web interface. Maybe the back end works better for you
but the front end is clunky.
That let the issue fester. Had you reviewed the analysis and done some
investigating the whole issue might have been explained.
Instead you ignored those who presented data and responded flippantly
to anyone else.
It's your own fault the issue won't die.
BTW I don't like the new web interface. Maybe the back end works better for you
but the front end is clunky.
I'm impressed by detail of your analysis.
I have data. They take 50% of the hashrate. 3 months of observations. The conclusions: scam
I've actually noticed this.. once again.
I think Faucet is great idea like NANO with total supply 133 Mil (Same as NANO)
Ran into this post and had to comment, been running 35 D3's since early november
So far trying better than a 7 various pools, with some conviction i can state atleast for a straight DASH payout, Zpool is 20% more.
So far trying better than a 7 various pools, with some conviction i can state atleast for a straight DASH payout, Zpool is 20% more.
Did you give https://coinfoundry.org/pool/dash a try? Our miners are pretty happy with their earnings and the support they receive.
The word " Scam " shouldn't be used lightly guys, in a space where unfortunatley we are rampid with far too many true ones.
I totally agree. This term is used by far too lightly these days. Often times without any fact checking whatsoever.
Has anyone heard of anything like this on Minergate? I mined there a while back and for 24 hours and got like barely anything compared to switching to different pool. I feel like i have seen some posts on Minergate being sketchy as well.
EtherGrab.us
EtherGrab.us
I've recently concluded my own testing of both Zpool and Mining Pool Hub.
I ran 1x 1070 for 13h on Zpool mining Equihash
I ran 1x 1070 for 13h on MPH mining Equihash
Both at the same time ofcourse, auto exchanging to LTC
Result:
Zpool: 0.006226 LTC
MPH: 0.008767 LTC
A 13h test might be too short to definitivly conclude if 20% is missing or not, but the results definately warrants further investigation.
The answer could be that MPH mined high valued coins like Bitcoin Gold and Zclassic, while Zpool mostly mined Komodo / Bitcoinz. According to the Zpool Equihash table, Bitcoinz should have been more profitable to mine, but if the price spread is too wide when they later sell the coins that could explain the lower profit. If this turns out to be the explanation tho, then Zpool needs to adjust the algorithm that chooses what to mine; if Zpool cant sell the coins for the value they were expected to be sold at, then they should not be mined at all.
I ran 1x 1070 for 13h on Zpool mining Equihash
I ran 1x 1070 for 13h on MPH mining Equihash
Both at the same time ofcourse, auto exchanging to LTC
Result:
Zpool: 0.006226 LTC
MPH: 0.008767 LTC
A 13h test might be too short to definitivly conclude if 20% is missing or not, but the results definately warrants further investigation.
The answer could be that MPH mined high valued coins like Bitcoin Gold and Zclassic, while Zpool mostly mined Komodo / Bitcoinz. According to the Zpool Equihash table, Bitcoinz should have been more profitable to mine, but if the price spread is too wide when they later sell the coins that could explain the lower profit. If this turns out to be the explanation tho, then Zpool needs to adjust the algorithm that chooses what to mine; if Zpool cant sell the coins for the value they were expected to be sold at, then they should not be mined at all.
Ran into this post and had to comment, been running 35 D3's since early november
So far trying better than a 7 various pools, with some conviction i can state atleast for a straight DASH payout, Zpool is 20% more.
I'm not biased and i run rigs everywhere except nicehash, but for DASH Zpool is the only place we are pointing in the immediate term.
Frankly it gets tiring bouncing pools every 15 days, but the payouts don't lie for DASH.
There's always going to be various other instances especially for Alt coins, i can't comment on those only on my first hand knowledge.
The word " Scam " shouldn't be used lightly guys, in a space where unfortunatley we are rampid with far too many true ones.
So far trying better than a 7 various pools, with some conviction i can state atleast for a straight DASH payout, Zpool is 20% more.
I'm not biased and i run rigs everywhere except nicehash, but for DASH Zpool is the only place we are pointing in the immediate term.
Frankly it gets tiring bouncing pools every 15 days, but the payouts don't lie for DASH.
There's always going to be various other instances especially for Alt coins, i can't comment on those only on my first hand knowledge.
The word " Scam " shouldn't be used lightly guys, in a space where unfortunatley we are rampid with far too many true ones.
I'll look into mining-dutch.
I've kind of changed my opinion on zpool due to this quote from their site:
"If a coin is NOT listed on the pool (except BTC) and you still choose to mine with that address, you risk not getting any payments. BTC is the only guaranteed payout currency"
From what I can tell if you select a payout that no one else on the pool wants to mine then you may never get paid. It seems that they will not use an exchange to autotrade your coins the way mining pool hub does.
Instead, I think that on zpool they only send out coins that others on the pool have directly mined. This saves on exchange fees but makes it so you have have extremely delayed payments. You might never get paid if your payout coin falls out of favor from the mining algos.
This means that if you do a mining test, zpool will have a very long tail where it's paying out your credits for several days after you stop mining. Because the coins vary so much in exchange rate this makes it hard to tell what value you actually got from it.
I strongly prefer that mining pool hub will actually exchange to your payout to get your withdrawals faster. There is still a delay but you don't have to manually fiddle to see if your payout coin is not being mined and have to update your miners all the time like you have to with zpool.
I've kind of changed my opinion on zpool due to this quote from their site:
"If a coin is NOT listed on the pool (except BTC) and you still choose to mine with that address, you risk not getting any payments. BTC is the only guaranteed payout currency"
From what I can tell if you select a payout that no one else on the pool wants to mine then you may never get paid. It seems that they will not use an exchange to autotrade your coins the way mining pool hub does.
Instead, I think that on zpool they only send out coins that others on the pool have directly mined. This saves on exchange fees but makes it so you have have extremely delayed payments. You might never get paid if your payout coin falls out of favor from the mining algos.
This means that if you do a mining test, zpool will have a very long tail where it's paying out your credits for several days after you stop mining. Because the coins vary so much in exchange rate this makes it hard to tell what value you actually got from it.
I strongly prefer that mining pool hub will actually exchange to your payout to get your withdrawals faster. There is still a delay but you don't have to manually fiddle to see if your payout coin is not being mined and have to update your miners all the time like you have to with zpool.
about zpool payouts. yes it's like that. but then again the only "sure" payout is in BTC all other currencies are at your own risk. If there is a fork (this is what happens to me) you won't get any coins or if there is not enough coins you will have to wait for you to get your payment when and if there are enough coins.
if you mine for instance x11 coins there is an option to mine several x11 coins and get payout in LTC (to reduce tx fee, so you don't have to pay btc tx fee). I can suggest you https://www.starpool.biz, atm they are paying 0,00009327 btc per gh. also their neoscrypt mh/day is super good. check out does pools you might see a big difference not just with payouts but also support is on another level. from zpool you hardly get any answer.
I'll look into mining-dutch.
I've kind of changed my opinion on zpool due to this quote from their site:
"If a coin is NOT listed on the pool (except BTC) and you still choose to mine with that address, you risk not getting any payments. BTC is the only guaranteed payout currency"
From what I can tell if you select a payout that no one else on the pool wants to mine then you may never get paid. It seems that they will not use an exchange to autotrade your coins the way mining pool hub does.
Instead, I think that on zpool they only send out coins that others on the pool have directly mined. This saves on exchange fees but makes it so you have have extremely delayed payments. You might never get paid if your payout coin falls out of favor from the mining algos.
This means that if you do a mining test, zpool will have a very long tail where it's paying out your credits for several days after you stop mining. Because the coins vary so much in exchange rate this makes it hard to tell what value you actually got from it.
I strongly prefer that mining pool hub will actually exchange to your payout to get your withdrawals faster. There is still a delay but you don't have to manually fiddle to see if your payout coin is not being mined and have to update your miners all the time like you have to with zpool.
I've kind of changed my opinion on zpool due to this quote from their site:
"If a coin is NOT listed on the pool (except BTC) and you still choose to mine with that address, you risk not getting any payments. BTC is the only guaranteed payout currency"
From what I can tell if you select a payout that no one else on the pool wants to mine then you may never get paid. It seems that they will not use an exchange to autotrade your coins the way mining pool hub does.
Instead, I think that on zpool they only send out coins that others on the pool have directly mined. This saves on exchange fees but makes it so you have have extremely delayed payments. You might never get paid if your payout coin falls out of favor from the mining algos.
This means that if you do a mining test, zpool will have a very long tail where it's paying out your credits for several days after you stop mining. Because the coins vary so much in exchange rate this makes it hard to tell what value you actually got from it.
I strongly prefer that mining pool hub will actually exchange to your payout to get your withdrawals faster. There is still a delay but you don't have to manually fiddle to see if your payout coin is not being mined and have to update your miners all the time like you have to with zpool.
if you think it is only 20% you are wrong.
zpool is the worst pool to choose from.
just read this article: http://www.home-mining.net/mining-dutch-wins-race-0-01btc/
same gear 4 pools.
diff between zpool and winner is almost 50% and have in mind that winning pool took their profits too.
stay away from zpool.
zpool is the worst pool to choose from.
just read this article: http://www.home-mining.net/mining-dutch-wins-race-0-01btc/
same gear 4 pools.
diff between zpool and winner is almost 50% and have in mind that winning pool took their profits too.
stay away from zpool.
So where do you see that MPH sell all of their coins on Poloniex, Bittrex and Yobit?
You have to create an account then you will see the auto exchange option like below:
http://take.ms/UzKcK
I'm going to be running some comparison tests but watching the way zpool does its payouts I don't think 24 hours is long enough to get a fair comparison. I think you probably need two or three days for the payouts to stabilize because if you're mining an algo that has a lot of coins, you can have a lot of credit locked up in a half different coin accounts and the payouts are a little wavy even though the input hashpower is constant.
If you have a very small mine it might take more than a few days to get to that point where it's stable.
Miningpoolhubstats is somewhat similar in that only the "Payout Last 24 Hours" for your payout coin really seems to be relevant and it takes a few days to get that number stable before you can see what it actually happening.
The apparent 20% fee may just be because you have about 20% of your coins in other coins that have not reached the thresholds needed to get traded to your payout coin. If you let it hash a couple days you'll have everything topped off and your input hashpower should equate to your output payments.
One thing I like about Miningpoolhub is that you can manually get payments on all your other coins to empty your account so you don't have to wait for them to automatically get traded out. On zpool it looks like it's only automatic trading to get the accounts emptied. Not a big deal but it's a slight difference.
If you have a very small mine it might take more than a few days to get to that point where it's stable.
Miningpoolhubstats is somewhat similar in that only the "Payout Last 24 Hours" for your payout coin really seems to be relevant and it takes a few days to get that number stable before you can see what it actually happening.
The apparent 20% fee may just be because you have about 20% of your coins in other coins that have not reached the thresholds needed to get traded to your payout coin. If you let it hash a couple days you'll have everything topped off and your input hashpower should equate to your output payments.
One thing I like about Miningpoolhub is that you can manually get payments on all your other coins to empty your account so you don't have to wait for them to automatically get traded out. On zpool it looks like it's only automatic trading to get the accounts emptied. Not a big deal but it's a slight difference.
From the testing I've done zpool is the overall best option for me. The people saying it takes a 20% fee are wrong IMO. They need to do a longer test with a significant amount of hashpower, like 2 or 3 rigs worth, in order to handle the fact that zpool has a lot of your coins in different accounts which means the payout will widely fluctuate if you're using just one or two cards.
I like Miningpoolhub but it doesn't have the algorithm I want to mine. Zpool is more resilient to losses due to market fluctuations than straight mining so it is currently my pool of choice.
One thing I don't like about zpool is it pays out every 2 hours so you may get a lot of transaction payout fees. I like that Miningpoolhub lets you set a payout threshhold. However overall zpool makes me the most money at the moment so that's what i'm going with.
I think it must be tricky with auto exchange, you should pay transaction fees back and forth. Also you can lose sometimes selling lower than expected. So it might end up with less than you anticipated
So where do you see that MPH sell all of their coins on Poloniex, Bittrex and Yobit?
Auto Exchange - EXCHANGE AVAILABILITY AND SETTINGSAh ok thanks. I can't see anything similar for zpool or ahashpool though.
So where do you see that MPH sell all of their coins on Poloniex, Bittrex and Yobit?
Auto Exchange - EXCHANGE AVAILABILITY AND SETTINGS
So where do you see that MPH sell all of their coins on Poloniex, Bittrex and Yobit?
If you only want to mine a single coin and want to get paid in that coin, go with yiimp. If you want to try and ride the wave of multiple coins to increase your payout, zpool is the best I have found regardless of what is said here. I am happy with the daily payouts I get with zpool and I don't have to manage it. They at least match, but usually beat, estimated payouts for mining a single coin. When I multi coin mine on yiimp I had to create 10+ wallets on various exchanges, then wait for enough coins to amass to be able to sell them. Then transferring the BTC back incurred another cost. All of this is handled in bulk by zpool which reduces cost and time. To duplicate the number of coins available to mine and manage the exchanging of those coins to BTC, requires a significant amount of time without zpool, in order to get the same payout (in my experience).
But in the end, it's your choice what to do. As my operation gets larger and I dedicate additional time to it, I may move to yiimp and hold coins longer to catch the rises in the market better. But currently I don't have the time, so zpool provides a very consistent income that I don't have to manage.
But in the end, it's your choice what to do. As my operation gets larger and I dedicate additional time to it, I may move to yiimp and hold coins longer to catch the rises in the market better. But currently I don't have the time, so zpool provides a very consistent income that I don't have to manage.
Did anyone do any testing of this or is still testing?
I hear you on the convenience, but I just don't like shady shit. Be upfront with the fees/costs. Mining Pool Hub has auto-exchange and can mine multiple coins. They are upfront on exchange fees.
I like the stats and PPS on zpool better since I only have limited mining time each day. If their info is correct, their profitability seems higher than other pools without much of a reason as to why they are higher that I can tell.
I don't want to mine there for a few days expecting X and getting Y because they are not upfront about exchange fees and I am suckered in with the higher profitability numbers that is why I wanted to see if anyone had given it a try.
Have you tried the auto exchange on mining pool hub? they say the tx fee is 0.2% but never really mentioned about the exchange fee. They exchange on 3 exchanges (bittrex, yobit, and poloniex). I know on bittrex if you trade it's 0.25% each way. If you mine ZEC and want to exchange for ZCL you will end up getting 0.5% exchange fee. I'm not sure if MPH has any deals with these exchanges such that they can shrink the fees to 0.2% no mater what coin you want to auto exchange for. Or is this 0.2% merely a fee for transferring to and from the exchange, plus whatever exchange fees on top of that.
Jump to: