[BTC FPPS][EN/UA/RU] UKRPOOL.COM - page 2.

ukrpool

newbie

Activity: 36

Merit: 0

Quote from: Biffa on March 30, 2019, 09:48:00 AM

Exactly, that definition says that "some" of the transaction fees in the block reward are shared with the miners. I would like you to define exactly what % of that is shared with the miners and what % do you keep?

Exactly, that additionally means that FPPS pool (as any other pool) has transactions losses and as you may notice this expenditure item fluctuates all the time. This is why on the site you may see profitability prediction based on current mining stats and last history.

Quote from: kano on March 30, 2019, 03:06:13 PM

A 100% PPS pool effectively keeps the transaction fees and thus charges whatever the average txn fee currently is.
So far this year it's been anything from 1% to 3%

So an FPPS pool gives some of that 1% to 3% back to the miners.

1. UKRPOOL is NOT a PPS pool.
2. You could read about FPPS https://en.bitcoin.it/wiki/Comparison_of_mining_pools : Calculate a standard transaction fee within a certain period and distribute it to miners according to their hash power contributions in the pool. It will increase the miners' earnings by sharing some of the transaction fees.

kano

legendary

Activity: 4592

Merit: 1851

Linux since 1997 RedHat 4

Quote from: Biffa on March 30, 2019, 09:48:00 AM

Exactly, that definition says that "some" of the transaction fees in the block reward are shared with the miners. I would like you to define exactly what % of that is shared with the miners and what % do you keep?

... and to be specific, since other pools have shown up here, also making false claims about their payouts:

A 100% PPS pool effectively keeps the transaction fees and thus charges whatever the average txn fee currently is.
So far this year it's been anything from 1% to 3%

So an FPPS pool gives some of that 1% to 3% back to the miners.

This, however, leads to the issue we've seen with PPS/FPPS pools ignoring the risk to themselves, and of course to their miners, by not charging enough fees, to cover the fact that they do not have enough BTC to reduce the risk of going broke, and thus reduce the risk of not being able to pay it's miners.

This is not relevant to the size of the pool, since the only effect the size has is how long it can take to run out of BTC.
Smaller pools have higher variance due to the fact they are expected to find fewer blocks, so can take longer to go broke Tongue

However, pool size changes ...

See here:
https://bitcointalksearch.org/topic/m.48795003
The fact that you are 'supposedly' paying FPPS dramatically increases the risk of going broke, or increases the amount of BTC you need to have.
Currently a 1% fee pools requires about 4317 BTC in their pool funds to have a 0.1% chance of going broke.

Biffa

legendary

Activity: 3234

Merit: 1220

Quote from: ukrpool on March 30, 2019, 07:59:31 AM

We are 100% classic FPPS pool in all meanings, according to https://en.bitcoin.it/wiki/Comparison_of_mining_pools

Exactly, that definition says that "some" of the transaction fees in the block reward are shared with the miners. I would like you to define exactly what % of that is shared with the miners and what % do you keep?

ukrpool

newbie

Activity: 36

Merit: 0

Quote from: Biffa on March 29, 2019, 12:10:20 PM

So can you clarify?

1. You give out 100% of the block reward to the miners, no fee comes off the 12.5BTC reward when a block is found using your pool?
2. How much of the transaction fees in the block reward (anything over 12.5BTC) do you share out to the miners vs how much you keep?

I think you have covered that currently you do not charge to send mining rewards across the network.

If the above is what is currently the situation, do you expect it to change? If so how and when?

Many thanks.

We are 100% classic FPPS pool in all meanings, according to https://en.bitcoin.it/wiki/Comparison_of_mining_pools.

kano

legendary

Activity: 4592

Merit: 1851

Linux since 1997 RedHat 4

Ah, OK, it's scam to get people to mine on your pool.

Biffa

legendary

Activity: 3234

Merit: 1220

Quote from: ukrpool on March 29, 2019, 09:46:37 AM

You are absolutely right. We are talking about "PPS Fee" and "Other Fee" in terms of wiki comparison.

So can you clarify?

1. You give out 100% of the block reward to the miners, no fee comes off the 12.5BTC reward when a block is found using your pool?
2. How much of the transaction fees in the block reward (anything over 12.5BTC) do you share out to the miners vs how much you keep?

I think you have covered that currently you do not charge to send mining rewards across the network.

If the above is what is currently the situation, do you expect it to change? If so how and when?

Many thanks.

ukrpool

newbie

Activity: 36

Merit: 0

Quote from: Steamtyme on March 27, 2019, 10:08:36 PM

Can you elaborate on this a little. I'm unaware of a way to boost a miners hashrate or reduce power; simply by having it point to a particular pool.

This is complex software and actually works with major pools (not only UKRPOOL). We simply have unique features to work with OKCARE. As you could see this is not a public software and all our miners have a chance to use all of its powers to gain more profit.

Quote from: Steamtyme on March 27, 2019, 10:08:36 PM

Are you asking people to download firmware specific to their miners to achieve this before pointing to your pool?

No, we are not.

Quote from: Steamtyme on March 27, 2019, 10:08:36 PM

No fees are nice for building a pool, does this include withdrawals? I mean to say does the pool pay the TX fee when sending out payments to the miners.

By the now, we pay withdrawals ... so you should hurry up to try our pool without any withdrawal fees

Quote from: Biffa on March 27, 2019, 09:05:27 PM

- From wiki.

You are absolutely right. We are talking about "PPS Fee" and "Other Fee" in terms of wiki comparison.

stsfi

newbie

Activity: 56

Merit: 0

Quote from: Steamtyme on March 28, 2019, 03:12:39 AM

When I checked I had the option to change the site to English. You have to click on the flag in the top right corner, it drops down a couple of options with English being one of them.

not the email and otp we get, i had to translate whole email via copy pasting on google translate.

Steamtyme

legendary

Activity: 1554

Merit: 2037

Quote from: stsfi on March 28, 2019, 03:06:17 AM

can you please implement you website in English for some reason i see Russian.

When I checked I had the option to change the site to English. You have to click on the flag in the top right corner, it drops down a couple of options with English being one of them.

stsfi

newbie

Activity: 56

Merit: 0

Quote from: ukrpool on March 27, 2019, 06:02:17 PM

At the moment there is no fee. If we enter fee - we will inform all miners additionally

We are waiting for you

hey since you are new i would suggest you to lower down the payout limit, i will point 10 miners and see how it goes and then add more !

can you please implement you website in English for some reason i see Russian.

Steamtyme

legendary

Activity: 1554

Merit: 2037

Quote from: ukrpool on March 26, 2019, 09:12:56 AM

Unique firmware from OKCARE 2.0

Overclocking your miners, by increasing the hashrate.
Device monitoring system.
Reduces power consumption.

Can you elaborate on this a little. I'm unaware of a way to boost a miners hashrate or reduce power; simply by having it point to a particular pool.

Are you asking people to download firmware specific to their miners to achieve this before pointing to your pool?

No fees are nice for building a pool, does this include withdrawals? I mean to say does the pool pay the TX fee when sending out payments to the miners.

Biffa

legendary

Activity: 3234

Merit: 1220

Quote from: https://en.bitcoin.it/wiki/Comparison_of_mining_pools

FPPS - Full Pay Per Share. Similar to PPS，but not only divide regular block reward (12.5 BTC for now) but also some of the transaction fees. Calculate a standard transaction fee within a certain period and distribute it to miners according to their hash power contributions in the pool. It will increase the miners' earnings by sharing some of the transaction fees.

- From wiki.

ukrpool

newbie

Activity: 36

Merit: 0

Quote from: stsfi on March 27, 2019, 06:35:41 AM

pool fees ?

At the moment there is no fee. If we enter fee - we will inform all miners additionally

We are waiting for you

stsfi

newbie

Activity: 56

Merit: 0

pool fees ?

ukrpool

newbie

Activity: 36

Merit: 0

https://ukrpool.com/

Greetings, dear miners!

We gathered all the best mining solutions in one ecosystem and are proud to present you the UKRPOOL! It is not just another mining pool, but an independent ecosystem for cryptocurrencies mining with top-level income that forms a highly profitable offer for you.

What does the UKRPOOL have today?

BTC pool FPPS rewards
Regular payouts
Supports AsicBoost

Bitcoin

Minimum withdrawal 0.01 BTC
FPPS payment method

Last 24h profitability 0.00003942 BTC / T/ D
You will always find the up-to-date data on BTC per TH/S on the main page

For miners we offer:

Transparent income system
Convenient monitoring and ASIC control
AsicBoost support
No empty blocks
Regular payouts
Support 24/7
Active community

Unique firmware from OKCARE 2.0

Overclocking your miners, by increasing the hashrate.
Device monitoring system.
Reduces power consumption.

Get started:

Code:

EU Server #1 stratum+tcp://btc.ukrpool.com:555
EU Server #2 stratum+tcp://btc.ukrpool.com:666
EU Server #3 stratum+tcp://btc.ukrpool.com:888

Our contacts:
Official UKRPOOL website
Official UKRPOOL telegram chat @UKRPOOL
Official UKRPOOL telegram news channel @UKRPOOL_NEWS

Join the most profitable and technological pool!

Topic: [BTC FPPS][EN/UA/RU] UKRPOOL.COM - page 2. (Read 1124 times)