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Topic: [300 PH][BTC PPS 100%][EN/CN/RU] Sigmapool.com - page 3. (Read 1898 times)

legendary
Activity: 2506
Merit: 1714
Electrical engineer. Mining since 2014.
Og, I think it would be a wise choice to quit the signature campaign.
member
Activity: 658
Merit: 21
4 s9's 2 821's
I’ve watched you whine about every other pool here for years in your own self interest. Forgive me if I take your opinion with a grain of salt.

I’ve requested the issue be addressed, and I will wait and see how it is. That is the rational adult thing to do.

Nah, the rational adult thing to do is to be "paid" first for a sig banner and then ask questions later.   Roll Eyes Roll Eyes Roll Eyes Roll Eyes
member
Activity: 84
Merit: 12
regardless of hate some senior members having towards you, i really like the project.

can you please add anonymous mining mode just like ckpool ?
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
There is no stretch, you clearly are only interested in being paid for a campaign.
So clearly you can be easily bought ...

I’ve watched you whine about every other pool here for years in your own self interest. Forgive me if I take your opinion with a grain of salt.

I’ve requested the issue be addressed, and I will wait and see how it is. That is the rational adult thing to do.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
While I think complaining about users paying the Bitcoin network fee and trying to claim that is somehow the pool lying about charging fees is a bit of a stretch, keeping transaction fees should be noted somewhere if that is what is occurring.  I have sent Sigma a message asking him to make this point clear on his site, at the very least with an asterisk next to his 0 fees claim explaining his logic.  Hopefully we see some more transparency here in the coming days/weeks, or I may shut down the signature campaign.  

There's still the issue of running a PPS pool and the REQUIRED balance and fees to reduce the risk of it going broke and the losses for those mining if that happens.
Try to remember back 6 & 5 years ago how that went with MtRed and BitAffNet ... ... ... ... ...

However, "no fees" is a plain and simple lie and you know it.
A 100% PPS pool payout is keeping transaction fees.
Charging a payout fee for all payouts is also a fee.

There is no stretch, you clearly are only interested in being paid for a campaign.
So clearly you can be easily bought ...
legendary
Activity: 2254
Merit: 2419
EIN: 82-3893490
it would also go a bit better if the fee was listed and if it was detailed that they keep the transaction fees. To advertise as a "no-fee" pool is more of a stretch then us complaining about their fees and lack of being straight forward about their fees. Either way, I wont use the pool as even with the 5% bonus they provided due to no transaction fees and paying network fees the payments are smaller than any other pool.

member
Activity: 658
Merit: 21
4 s9's 2 821's
While I think complaining about users paying the Bitcoin network fee and trying to claim that is somehow the pool lying about charging fees is a bit of a stretch...

How is that a bit of a stretch?  You're being charged money to withdraw from the pool, do you call that a gift to the Bitcoin network or something else?
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
While I think complaining about users paying the Bitcoin network fee and trying to claim that is somehow the pool lying about charging fees is a bit of a stretch, keeping transaction fees should be noted somewhere if that is what is occurring.  I have sent Sigma a message asking him to make this point clear on his site, at the very least with an asterisk next to his 0 fees claim explaining his logic.  Hopefully we see some more transparency here in the coming days/weeks, or I may shut down the signature campaign. 
legendary
Activity: 2254
Merit: 2419
EIN: 82-3893490
There it is, confirmed that they don't pay out any transaction fees that one makes on just about any other pool in the world.

Run, run far away from this pool, which really looks to just be a small server farm.

which is why I find it amazing that so many forum users are running sig banners for this pool - even forum people that represent other pools.
member
Activity: 658
Merit: 21
4 s9's 2 821's
Fees:
We don’t play games with miners like “Share the TxFee and then take 3% away and pay the withdrawal fee” and other schemes, where the result leads to receiving less than 100% PPS from block. We have an absolutely transparent payment system. The pool pays all the 12.5 BTC from block to miners using the PPS system. The only thing you have to pay for is the Bitcoin network transaction commission itself.

There it is, confirmed that they don't pay out any transaction fees that one makes on just about any other pool in the world.

Run, run far away from this pool, which really looks to just be a small server farm.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
The miner having to pay "Bitcoin network transaction commission" to get their BTC from the pool, is also a fee.
That's called the "Transaction Fee" in Bitcoin.
Certain companies like to rename it to things like -SigmaPool- have called it to hide that fact.
There is no such fee on my pool - the pool pays the payout Transaction Fee
There are also simple ways to set it to zero if the pool is big enough.
legendary
Activity: 2254
Merit: 2419
EIN: 82-3893490
Fees:
We don’t play games with miners like “Share the TxFee and then take 3% away and pay the withdrawal fee” and other schemes, where the result leads to receiving less than 100% PPS from block. We have an absolutely transparent payment system. The pool pays all the 12.5 BTC from block to miners using the PPS system. The only thing you have to pay for is the Bitcoin network transaction commission itself.

by doing this you are actually paying less than the pools that pay out transaction fees and keep 3%  and your system does not show that the miners pay the transaction fee either - nor - until now - have you stated that there was a fee. I guess you meant "no fee" to sigma. Not paying the transaction fees to the miner is also a "fee" that is being charged to the miners essentially as they are not receiving those funds.
newbie
Activity: 4
Merit: 0
Hey, dear miners!

We are really pleased to see smart users writing in our topic, asking correct and essential questions.
Since the launch of the BTC pool in august 2018, we have faced a lot of different reactions on us at forums. But as far as you can see – we haven’t gone anywhere and the hash rate has been steadily growing. And so, we would love to answer the questions above:

Reserve:
You are absolutely right with the calculations for the reserve and so far we have been systematically increasing it with growth of our pool. As far as we have ways to use the funds to gain profits with minimal risks – we have no need to «freeze» them all at once, but in any case, with the growth of hashrate, the reserve is replenished to ensure stable payouts.

Fees:
We don’t play games with miners like “Share the TxFee and then take 3% away and pay the withdrawal fee” and other schemes, where the result leads to receiving less than 100% PPS from block. We have an absolutely transparent payment system. The pool pays all the 12.5 BTC from block to miners using the PPS system. The only thing you have to pay for is the Bitcoin network transaction commission itself.

Profitability:
You will always find the up-to-date data on BTC per TH/S on the main page. Many bloggers already have conducted tests using several ASICs, comparing profitability at our pool with others. These numbers are easy to verify and we suggest that you try and see for yourself. If you have any questions regarding earnings – contact our support, add screenshots and we will figure everything out. You can contact us using the contact form at our website or via telegram-bot.

Latest news:
Our pool is actively developing and today we have crossed the 300 PH line which is more than 0.5% of Bitcoin network. We are working hard on the pool’s scaling, therefore some deviations in displaying statistics on the web-site are possible. This does not affect mining and the payout system. Lastly, take a look at our store – there is something interesting for you.

Find the latest news in our telegram channel. Feel free to discuss the SigmaPool or ask any questions in our telegram chat, all the links are in the first post.

We wish you stable mining, cheap electricity and lots of lambos!
legendary
Activity: 2254
Merit: 2419
EIN: 82-3893490
Notice the OP has gone radio silent once the truth has come out.

MINE ON, SOMEWHERE ELSE!

has been silent i think since the first day? lol
member
Activity: 658
Merit: 21
4 s9's 2 821's
Notice the OP has gone radio silent once the truth has come out.

MINE ON, SOMEWHERE ELSE!
legendary
Activity: 2254
Merit: 2419
EIN: 82-3893490
KanoPool's fee is 0.9% after transaction fees are included as stated near the top of the Help/Payouts page.  Slush's fees are 1.1% after transactions fees are added in.  This pool does not give you the transaction fees which is pretty close to 2.0% this month but they don't call that a fee.  So it appears they have payout fees also that they don't talk about.

EDIT: Oh yea, the KanoPool is up to 0.00005216 BTC/day per TH for February in case you were wondering Smiley

and more if we can find a few more blocks before end of the month Smiley
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
KanoPool's fee is 0.9% after transaction fees are included as stated near the top of the Help/Payouts page.  Slush's fees are 1.1% after transactions fees are added in.  This pool does not give you the transaction fees which is pretty close to 2.0% this month but they don't call that a fee.  So it appears they have payout fees also that they don't talk about.

EDIT: Oh yea, the KanoPool is up to 0.00005216 BTC/day per TH for February in case you were wondering Smiley
legendary
Activity: 2254
Merit: 2419
EIN: 82-3893490
The reward you see on kano's pool (and slush as long as you're above .01, and ck's pool) are what you receive.

This pool is showing you how it makes its money, by ripping you off in at least three ways.

lol even antpool and slushpool i get what they say they send.
member
Activity: 658
Merit: 21
4 s9's 2 821's
The reward you see on kano's pool (and slush as long as you're above .01, and ck's pool) are what you receive.

This pool is showing you how it makes its money, by ripping you off in at least three ways.
legendary
Activity: 2254
Merit: 2419
EIN: 82-3893490
The pool doesn't pay the bitcoin network commission for the transaction. I believe these satoshis you lack is the bitcoin network commission.

possibly - but then they should state that instead of saying "no fees" although they do not charge it, they do not pay it.

Yeah that's a payout fee ... and they also keep the mining transaction fees ...

... even though they still lie about it...

Kano - I dont see payout fees from your pool - do you account for this and report our reward post fee? or do you pay the fee?

Or is it to accurate.

You are mining "without" receiving transaction fees  Con
You are mining "without" paying fees for it out of pocket or from your implied reward   Pro
You are mining "without" knowledge of transaction fees being your responsibility.  Con

Either way I'd move on, my payouts/fees have all been crystal clear this weekend.

I have. and my payouts on the 4 other pools I am on are also crystal clear.
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