[ANN] MinerFarm - Virtual Mining Game for Real Bitcoin - page 30.

tennozer

sr. member

Activity: 322

Merit: 250

Bonus Claim Url: http://betonline.wager.bz

Quote from: ranlo on October 08, 2015, 12:04:59 PM

Quote from: tennozer on October 08, 2015, 12:02:23 PM

Quote from: ranlo on October 08, 2015, 11:50:39 AM

Quote from: Starin on October 08, 2015, 02:55:27 AM

I haven't seen this addressed, I think the pool operating cost of 0.05 BTC / month is a lot and almost kills every incentive of running a pool. Please do something about it.

All you would need (with a 1% fee) is people using the pool to earn 5 BTC total throughout the month. I don't think it's that big of an issue.

I don't think a pool can affort 0.05 BTC in a month with only 1% fee. Because pools can not earn 5 BTC total in a month and additionally, we can see some of pools want less than 1% fee.

I believe the fee is there to keep everyone and their mother from opening one. If it's cheap, everyone makes their own and there's no point in having them.

But we are talking about operation costs. It is paying months by months.
Everybody can not open a pool beacuse if you want to open a pool firstly, you have to buy at least 1000 ghs miner and also you have to pay the openin pool cost.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: tennozer on October 08, 2015, 12:02:23 PM

Quote from: ranlo on October 08, 2015, 11:50:39 AM

Quote from: Starin on October 08, 2015, 02:55:27 AM

I haven't seen this addressed, I think the pool operating cost of 0.05 BTC / month is a lot and almost kills every incentive of running a pool. Please do something about it.

All you would need (with a 1% fee) is people using the pool to earn 5 BTC total throughout the month. I don't think it's that big of an issue.

I don't think a pool can affort 0.05 BTC in a month with only 1% fee. Because pools can not earn 5 BTC total in a month and additionally, we can see some of pools want less than 1% fee.

I believe the fee is there to keep everyone and their mother from opening one. If it's cheap, everyone makes their own and there's no point in having them.

tennozer

sr. member

Activity: 322

Merit: 250

Bonus Claim Url: http://betonline.wager.bz

Quote from: ranlo on October 08, 2015, 11:50:39 AM

Quote from: Starin on October 08, 2015, 02:55:27 AM

I haven't seen this addressed, I think the pool operating cost of 0.05 BTC / month is a lot and almost kills every incentive of running a pool. Please do something about it.

All you would need (with a 1% fee) is people using the pool to earn 5 BTC total throughout the month. I don't think it's that big of an issue.

I don't think a pool can affort 0.05 BTC in a month with only 1% fee. Because pools can not earn 5 BTC total in a month and additionally, we can see some of pools want less than 1% fee.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: Starin on October 08, 2015, 02:55:27 AM

I haven't seen this addressed, I think the pool operating cost of 0.05 BTC / month is a lot and almost kills every incentive of running a pool. Please do something about it.

All you would need (with a 1% fee) is people using the pool to earn 5 BTC total throughout the month. I don't think it's that big of an issue.

Starin

sr. member

Activity: 266

Merit: 250

Infected Mushroom

I haven't seen this addressed, I think the pool operating cost of 0.05 BTC / month is a lot and almost kills every incentive of running a pool. Please do something about it.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: ElscottHavoc on October 07, 2015, 01:14:40 PM

Quote from: thinkinger on October 07, 2015, 12:59:25 PM

Quote from: SFR10 on October 07, 2015, 12:48:15 PM

Quote from: thinkinger on October 07, 2015, 11:58:02 AM

why is my profit is the same for three days.?i dont understand.withdrawal fee is very high too.i joined when it started and have 0.00032 for profit but when i wanted to withdraw ,it says ill get -0.00018.vey interesting.

it's because there is a fixed Fee for withdrawal ( 0.0005 BTC ) of any transaction ... 0.00032 - 0.0005 = - 0.00018 (this is exactly correct and nothing is wrong since this is the system on minerfarm )

and as to your first question, there are a deduction for daily maintenance, electricity by the end of each day that's why depending on what your equipment is there is some charge fee's by 24th hour of each day

so from the start i have been working for the site owner it means

Withdraw charges are common for the Bitcoin network now. Coming out with a positive ROI is possible with a bit of strategic planning of what pool you join and some patience too. Yes, the game is edged to give incentive to the admin, but this is also what allows the game to be sustainable...some people will win and some will lose. There's various ways to offset losses by being selective about pools you join and also just being patient for a small pool to find a block.

I don't think players with the free 10 GH/s are going to make a profit. Most cloud mining services offer the same thing for the same reason.

ElscottHavoc

newbie

Activity: 58

Merit: 0

Quote from: thinkinger on October 07, 2015, 12:59:25 PM

Quote from: SFR10 on October 07, 2015, 12:48:15 PM

Quote from: thinkinger on October 07, 2015, 11:58:02 AM

why is my profit is the same for three days.?i dont understand.withdrawal fee is very high too.i joined when it started and have 0.00032 for profit but when i wanted to withdraw ,it says ill get -0.00018.vey interesting.

it's because there is a fixed Fee for withdrawal ( 0.0005 BTC ) of any transaction ... 0.00032 - 0.0005 = - 0.00018 (this is exactly correct and nothing is wrong since this is the system on minerfarm )

and as to your first question, there are a deduction for daily maintenance, electricity by the end of each day that's why depending on what your equipment is there is some charge fee's by 24th hour of each day

so from the start i have been working for the site owner it means

Withdraw charges are common for the Bitcoin network now. Coming out with a positive ROI is possible with a bit of strategic planning of what pool you join and some patience too. Yes, the game is edged to give incentive to the admin, but this is also what allows the game to be sustainable...some people will win and some will lose. There's various ways to offset losses by being selective about pools you join and also just being patient for a small pool to find a block.

thinkinger

hero member

Activity: 784

Merit: 500

Quote from: SFR10 on October 07, 2015, 12:48:15 PM

Quote from: thinkinger on October 07, 2015, 11:58:02 AM

why is my profit is the same for three days.?i dont understand.withdrawal fee is very high too.i joined when it started and have 0.00032 for profit but when i wanted to withdraw ,it says ill get -0.00018.vey interesting.

it's because there is a fixed Fee for withdrawal ( 0.0005 BTC ) of any transaction ... 0.00032 - 0.0005 = - 0.00018 (this is exactly correct and nothing is wrong since this is the system on minerfarm )

and as to your first question, there are a deduction for daily maintenance, electricity by the end of each day that's why depending on what your equipment is there is some charge fee's by 24th hour of each day

so from the start i have been working for the site owner it means

SFR10

legendary

Activity: 2968

Merit: 3406

Crypto Swap Exchange

Quote from: thinkinger on October 07, 2015, 11:58:02 AM

why is my profit is the same for three days.?i dont understand.withdrawal fee is very high too.i joined when it started and have 0.00032 for profit but when i wanted to withdraw ,it says ill get -0.00018.vey interesting.

it's because there is a fixed Fee for withdrawal ( 0.0005 BTC ) of any transaction ... 0.00032 - 0.0005 = - 0.00018 (this is exactly correct and nothing is wrong since this is the system on minerfarm )

and as to your first question, there are a deduction for daily maintenance, electricity by the end of each day that's why depending on what your equipment is there is some charge fee's by 24th hour of each day

thinkinger

hero member

Activity: 784

Merit: 500

why is my profit is the same for three days.?i dont understand.withdrawal fee is very high too.i joined when it started and have 0.00032 for profit but when i wanted to withdraw ,it says ill get -0.00018.vey interesting.

modcom

full member

Activity: 236

Merit: 100

Aliser,

Blackwolf was the 5th name listed. He told me he didn't receive his miner or power supply....

Did you miscount???

Quote from: aliser on October 05, 2015, 10:01:39 AM

First 5 people who posts their Miner Farm nick under this message will receive a 100 Ghs miner and a power supply!

yussuf89

legendary

Activity: 1792

Merit: 1030

Quote from: onlineportal on October 07, 2015, 10:33:13 AM

They still get paid?

Yes, of course they are paying.
I received withdrawal few hours ago: https://blockchain.info/tr/tx/c1e8a2e19e9950edd42941c693d3c0f652e3115df156229cd13bd04b63db4258

onlineportal

sr. member

Activity: 258

Merit: 250

They still get paid?

Pikolak

newbie

Activity: 7

Merit: 0

So I can't use the faucet only?

aliser

hero member

Activity: 826

Merit: 1000

Quote from: Pikolak on October 07, 2015, 05:35:18 AM

My name is Pikolak. It says: "Sorry, this IP address has been blocked. If you are using a proxy or anonymization service, please turn it off before playing.
If not, you can get a new IP by restarting your router. There is also possibility that your account might be banned because of multi playing."
I have only one account, but I don't know what type of IP I got and I can't manipulate in my router because I'm not network admin in my place. This is first time something like this is happening.

You receive that message only in faucet page if you are using proxy. It does not cause you to get banned from the game.

Pikolak

newbie

Activity: 7

Merit: 0

My name is Pikolak. It says: "Sorry, this IP address has been blocked. If you are using a proxy or anonymization service, please turn it off before playing.
If not, you can get a new IP by restarting your router. There is also possibility that your account might be banned because of multi playing."
I have only one account, but I don't know what type of IP I got and I can't manipulate in my router because I'm not network admin in my place. This is first time something like this is happening.

aliser

hero member

Activity: 826

Merit: 1000

Quote from: Pikolak on October 07, 2015, 05:24:31 AM

I'm loggin every day:(

What is your username in the game?

Pikolak

newbie

Activity: 7

Merit: 0

I'm loggin every day:(

Pikolak

newbie

Activity: 7

Merit: 0

Hello! I got only one free 10 ghs miner and it is blocked. Unfair. Why?

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: ron7684 on October 06, 2015, 08:24:50 PM

Quote from: gecox22 on October 06, 2015, 06:51:43 PM

Wow thats alot of bot accounts. I mean 45 ths thats 4500 free 10ghs accounts. I mean what would be the point of creating so many accounts. You would still only receive pennies per day from all those accounts.

And if there was 5384 accounts that where banned wouldn't that be a total of 53840 ghs or 53 ths and not 45. The numbers don't add up.

It's likely that some of those accounts are inactive (producing 0GHS) or have been around for more than a week (degradation of hardware).

I'm just surprised at how many bot accounts there are. It's not like they're going to make a sizable profit.

Topic: [ANN] MinerFarm - Virtual Mining Game for Real Bitcoin - page 30. (Read 85603 times)