@Premiermine
For me it will be easy to test how profitable is mining on your pool because I am here from start.
Block reward of 1560 XVG multiplied with percent of my shares (currently it is about 1.5-1.6%) should be approximately 23-24 XVG. Even if I get this sum for 48h of dual mining it will be great result - 12 XVG per 24h with 3000 Mh/s which is close with WTM calculations (12.2 per day) On other pools I got between 7-10 XVG for 24h with same parameters. So pools fees of 0.4-0.5% for XVG are not the only profit for most of their owners. I hope your minig pool will prove this and in that case I am ready to pay more than 1% for mining pool fee!
For some normal work in future, you will need at least 1-2 Th/s pool hash-rate power because many people are not ready to wait 24h or more hours to see any result of their mining. I saw many of them comes, spent few hours and leave pool because don't understand how it works or just didn't have patience.
I think you should open new topic for pool relative posts.
Hi,
I believe that all people should think about a long-term relationship. I have been mining for only two years, there are people who have been mining since 2009, almost 10 years. Some pools attract people with 0% FEE, they have a lot of hashrate and people start to see money in their wallet very fast, I respect it, but sometimes the leaf does not allow to see the forest, while 30-50% of yours coins are being robbed. 30-50% How much money do they lose for a month? and in a year? Its a lot of money.
The beginnings are always difficult. As I write these lines I am monitoring 24 ip from different parts of the world launching 10,000 connections each per second against our pool, it is a DDOS attack, since the first minute of the pool launch, I was wondering how long it would take the rival pools to launch a DDOS, we already have response, less than 24 hours.
It is clear that there are people who do not like competition, they have a very lucrative business, they do not want to leave space for honest and humble people who want to do things well, why not say it, earning a little money in return after beta test, 1% in exchange for making it easier for people to mine. Everyone wins.
I just hope that more people join so we can get enough hashrate for all of us to win. I commit to reinvest to have a better infrastructure that allows us to be up.
Let's hope that the first block arrives. Good idea, as soon as I can, I open the new topic in Alt Coins -> Pools.
Thanks!
