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Topic: [ANN][SEM] Semux - Official Thread - page 203. (Read 694126 times)

member
Activity: 135
Merit: 10
February 14, 2018, 08:48:37 AM
why changes signature 2 weeks befor ending of signature campain  Huh

Maybe because of the new design of semux website.
newbie
Activity: 52
Merit: 0
February 14, 2018, 08:35:44 AM
So Cool This project
hero member
Activity: 553
Merit: 500
February 14, 2018, 08:23:29 AM
pool_borderline


today pool had problems that did not depend on me. pool was lost 9 blocks.. so tomorrow for reward all user the fee will be only 0.5% 0.3 for the pool dev
sorry again
How much was the fee for your pool in the past ? also if anyone here would determine the lowest validaters taking less fee ? i couldn't determine this alone from the list i am just vote randomly to top 5 validaters . 
full member
Activity: 798
Merit: 116
February 14, 2018, 08:09:05 AM
pool_borderline


today pool had problems that did not depend on me. pool was lost 9 blocks.. so tomorrow for reward all user the fee will be only 0.5% 0.3 for the pool dev
sorry again
full member
Activity: 147
Merit: 100
February 14, 2018, 07:31:53 AM
The revenue from voting in the official pool is not as high as that of the third party, I don't know whether it's a commission problem.
newbie
Activity: 20
Merit: 0
February 14, 2018, 06:58:33 AM
Кaк и гдe мoжнo кyпить Semux?
full member
Activity: 336
Merit: 100
February 14, 2018, 06:57:50 AM
The price of Semux coins is very good in the field now. When to go to the stock market, the price will soon go up to 20$. I don't know if there is such a plan at this time. Wink
full member
Activity: 170
Merit: 101
February 14, 2018, 01:46:55 AM
I see some contradiction here.  Smiley
As for fees, someone did the math, and due to the 1000 SEM burn, your asking fee of 1-2% would *never* regain the initial burn, it'd be operating at a loss, even if hardware were free...  that seems unreasonable?
Yes, Ted has his money back, but Bill has more still from not running a pool

100% per year is not bad after all.

If you think that's a smart move, then by all means please start a pool @ 1-2%!!

I'll vote 1000 for it.
Cheesy

My suggestion was 3%. And I do not have 1000 to make a delegate. It's not that I do not want. I just don't have this amount of semux. Also, over time market economy will come into a play and greedy pools will be wiped out.

newbie
Activity: 42
Merit: 0
February 14, 2018, 01:20:36 AM
I see some contradiction here.  Smiley
As for fees, someone did the math, and due to the 1000 SEM burn, your asking fee of 1-2% would *never* regain the initial burn, it'd be operating at a loss, even if hardware were free...  that seems unreasonable?
Yes, Ted has his money back, but Bill has more still from not running a pool

100% per year is not bad after all.

If you think that's a smart move, then by all means please start a pool @ 1-2%!!

I'll vote 1000 for it.
Cheesy
full member
Activity: 170
Merit: 101
February 14, 2018, 12:49:03 AM
I see some contradiction here.  Smiley
As for fees, someone did the math, and due to the 1000 SEM burn, your asking fee of 1-2% would *never* regain the initial burn, it'd be operating at a loss, even if hardware were free...  that seems unreasonable?
Yes, Ted has his money back, but Bill has more still from not running a pool

100% per year is not bad after all.
member
Activity: 84
Merit: 11
February 14, 2018, 12:48:32 AM
Following my last post (https://bitcointalksearch.org/topic/m.29724361) where i tried to check multiple pools and when and how they are paying i continue with this week testing:

Some observations:
  • all values are approximate; day1 was in fact half a day, that's the day i voted, so it's not so important;
  • this is somehow irrelevant because daily pay is correlated with how many blocks that particular pool forged in that day; this is only for testing of pools. plus if a pool has too many votes the payout will be smaller, so try to spread your votes as much as possible;
  • even though all animals pool (from alligator to lobster) (https://semux.info/pool) is the most professional with everyday pay and a great website, they have a very big fee so i will remove all my 650 votes;
  • last week i tested generals (general01-04) pools they never paid me until this week in the middle of the week (0.36 once, for 100 votes last week). i found their website (http://semuxpool.info/) and minimum payout is 0.5. i won't vote for them anyway, too big fee 18%;
  • i wil remove all my votes from pools with more than 8% fee. i think that is too much and i won't help them. i'm still waiting for pools with 1-2%, that's a standard in cryptocurrencies pools. Animals fee of 25 is way too high;
  • you can check user levyashin post (https://bitcointalksearch.org/topic/m.29319963) he is keeping a great list of pools and fees. Or go to official discord (https://discordapp.com/invite/qQVckKZ) and there's a channel #pools if any questions;
  • semux has 2 very good block explorers https://semux.info/explorer and http://semuxchain.info/;
  • if anyone can make me a good offer for 1300 votes PM me Smiley (VOTES only, i'm not selling).


Great writeup.  So to maximize returns,  a  pool with 2 to 5 % fee   &  balancing votes at regular interval, is way to go.

Does this mean on an apples-to-apples comparison of 50 votes, semuxpool_com2 is the best?
full member
Activity: 158
Merit: 100
February 14, 2018, 12:23:21 AM
Following my last post (https://bitcointalksearch.org/topic/m.29724361) where i tried to check multiple pools and when and how they are paying i continue with this week testing:

Some observations:
  • all values are approximate; day1 was in fact half a day, that's the day i voted, so it's not so important;
  • this is somehow irrelevant because daily pay is correlated with how many blocks that particular pool forged in that day; this is only for testing of pools. plus if a pool has too many votes the payout will be smaller, so try to spread your votes as much as possible;
  • even though all animals pool (from alligator to lobster) (https://semux.info/pool) is the most professional with everyday pay and a great website, they have a very big fee so i will remove all my 650 votes;
  • last week i tested generals (general01-04) pools they never paid me until this week in the middle of the week (0.36 once, for 100 votes last week). i found their website (http://semuxpool.info/) and minimum payout is 0.5. i won't vote for them anyway, too big fee 18%;
  • i wil remove all my votes from pools with more than 8% fee. i think that is too much and i won't help them. i'm still waiting for pools with 1-2%, that's a standard in cryptocurrencies pools. Animals fee of 25 is way too high;
  • you can check user levyashin post (https://bitcointalksearch.org/topic/m.29319963) he is keeping a great list of pools and fees. Or go to official discord (https://discordapp.com/invite/qQVckKZ) and there's a channel #pools if any questions;
  • semux has 2 very good block explorers https://semux.info/explorer and http://semuxchain.info/;
  • if anyone can make me a good offer for 1300 votes PM me Smiley (VOTES only, i'm not selling).
Nice calculation and comparison. Surprised to see the big difference among pools. It is time to look for pool with low fee.
newbie
Activity: 42
Merit: 0
February 13, 2018, 11:38:18 PM
Impressive information, thanks!

As for fees, someone did the math, and due to the 1000 SEM burn, your asking fee of 1-2% would *never* regain the initial burn, it'd be operating at a loss, even if hardware were free...  that seems unreasonable?
At the minimum, as there's 35k votes, and the user threw away 1000, that should at least count as a 'vote'  so 1/35 = 2.8% at the bare minimum without recouping any of the initial 1000 burned, so still losing SEM..   Think at 5-8% fee it was something like a year to break even? 25% is like 3 months to break even.

Also you might consider updating your table to add SEM/vote, as it looked like animal pool was really high paying, but doing the math, it was the lowest one.
How did you come to such conclusion? 75 mil coins are block rewards. Divide it by 100 validators. At 2% pool fee it makes 15k. And also there is tx fees.
And even if you look at one year time frame. It's 3153600 per year. 31k per validator. At 3% fee they get their money back in a year.
In conclusion, 3% is the reasonable fee.


I'm referring to if they didn't create a validator and just voted for a pool instead.

So here's an example that might clarify what I think is going on.  Then you can tell me where I went wrong.

Ted starts a pool at 3%, burning his 1000, so he has 0.
Bill votes his 1000 for Ted's pool

Assuming both people will revote all their profits, this means
Bill will earn 2.46 SEM/day, forever, as he revote profits, so his % of pool profits remains constant
Ted will earn 2.59 SEM/day, forever, plus the voting power of his profits ∑(1,t) 86.4 * (2.59*t)/(35000 + 86.4t) where t is days

in 1 year, Bill will have 1897 SEM (2.46*365 + the 1000 he still has)
in 1 year, Ted will have 945 SEM from pool + 271 SEM from revoting profits = 1216 SEM  
Yes, Ted has his money back, but Bill has more still from not running a pool

in 2 years, Bill will have 2795 SEM
in 2 years, Ted will have 1890 SEM + 810 SEM from revoting = 2700 SEM

Ted is an idiot and should have just voted for a pool.

This is also assuming that Ted is able to keep being a validator for 2 years, his hosting/power is free, his time is free, and semux never has more than 100 validators.

TX fees are not kept by the operator, and don't really come into play, might speed up the 2 years a bit, but pools just treat it like any other forging.
So what am I missing? Huh
full member
Activity: 170
Merit: 101
February 13, 2018, 10:30:29 PM
Impressive information, thanks!

As for fees, someone did the math, and due to the 1000 SEM burn, your asking fee of 1-2% would *never* regain the initial burn, it'd be operating at a loss, even if hardware were free...  that seems unreasonable?
At the minimum, as there's 35k votes, and the user threw away 1000, that should at least count as a 'vote'  so 1/35 = 2.8% at the bare minimum without recouping any of the initial 1000 burned, so still losing SEM..   Think at 5-8% fee it was something like a year to break even? 25% is like 3 months to break even.

Also you might consider updating your table to add SEM/vote, as it looked like animal pool was really high paying, but doing the math, it was the lowest one.
How did you come to such conclusion? 75 mil coins are block rewards. Divide it by 100 validators. At 2% pool fee it makes 15k. And also there are tx fees.
And even if you look at one year time frame. It's 3153600 per year. 31k per validator. At 3% fee they get their money back in a year.
In conclusion, 3% is the reasonable fee.
member
Activity: 342
Merit: 10
February 13, 2018, 09:46:23 PM
Following my last post (https://bitcointalksearch.org/topic/m.29724361) where i tried to check multiple pools and when and how they are paying i continue with this week testing:

Some observations:
  • all values are approximate; day1 was in fact half a day, that's the day i voted, so it's not so important;
  • this is somehow irrelevant because daily pay is correlated with how many blocks that particular pool forged in that day; this is only for testing of pools. plus if a pool has too many votes the payout will be smaller, so try to spread your votes as much as possible;
  • even though all animals pool (from alligator to lobster) (https://semux.info/pool) is the most professional with everyday pay and a great website, they have a very big fee so i will remove all my 650 votes;
  • last week i tested generals (general01-04) pools they never paid me until this week in the middle of the week (0.36 once, for 100 votes last week). i found their website (http://semuxpool.info/) and minimum payout is 0.5. i won't vote for them anyway, too big fee 18%;
  • i wil remove all my votes from pools with more than 8% fee. i think that is too much and i won't help them. i'm still waiting for pools with 1-2%, that's a standard in cryptocurrencies pools. Animals fee of 25 is way too high;
  • you can check user levyashin post (https://bitcointalksearch.org/topic/m.29319963) he is keeping a great list of pools and fees. Or go to official discord (https://discordapp.com/invite/qQVckKZ) and there's a channel #pools if any questions;
  • semux has 2 very good block explorers https://semux.info/explorer and http://semuxchain.info/;
  • if anyone can make me a good offer for 1300 votes PM me Smiley (VOTES only, i'm not selling).


Great writeup.  So to maximize returns,  a  pool with 2 to 5 % fee   &  balancing votes at regular interval, is way to go.
member
Activity: 602
Merit: 13
February 13, 2018, 09:07:26 PM
so sad, I still stuck Jr. member and cannot join semux signature bounty
still lack of 2 merit
anyone kind enough to give my posts some merit?

https://bitcointalksearch.org/topic/m.28860195

https://bitcointalksearch.org/topic/m.28305477

thanks in advance
legendary
Activity: 3500
Merit: 6320
Crypto Swap Exchange
February 13, 2018, 07:49:15 PM
Is it me or is the wallet sucking up more RAM then it used to?
The Java machine on my PC is now up above 500MB.
-Dave
I don't know how much it was in the past, but mine is currently using about 486 MB of RAM.

It *was* at 200 to 250 last time I looked (around the 5th) so I don't know when it jumped.
-Dave
sr. member
Activity: 1360
Merit: 257
February 13, 2018, 07:47:47 PM
Is it me or is the wallet sucking up more RAM then it used to?
The Java machine on my PC is now up above 500MB.
-Dave
I don't know how much it was in the past, but mine is currently using about 486 MB of RAM.
legendary
Activity: 3500
Merit: 6320
Crypto Swap Exchange
February 13, 2018, 06:59:12 PM
Is it me or is the wallet sucking up more RAM then it used to?
The Java machine on my PC is now up above 500MB.
-Dave
newbie
Activity: 42
Merit: 0
February 13, 2018, 05:39:29 PM
Following my last post (https://bitcointalksearch.org/topic/m.29724361) where i tried to check multiple pools and when and how they are paying i continue with this week testing:
...

Impressive information, thanks!

As for fees, someone did the math, and due to the 1000 SEM burn, your asking fee of 1-2% would *never* regain the initial burn, it'd be operating at a loss, even if hardware were free...  that seems unreasonable?
At the minimum, as there's 35k votes, and the user threw away 1000, that should at least count as a 'vote'  so 1/35 = 2.8% at the bare minimum without recouping any of the initial 1000 burned, so still losing SEM..   Think at 5-8% fee it was something like a year to break even? 25% is like 3 months to break even.

Also you might consider updating your table to add SEM/vote, as it looked like animal pool was really high paying, but doing the math, it was the lowest one.

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