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NEWS: Fee to be re-introduced
How are you enjoying mining with ABCPool so far? It's thanks to you, our loyal miners that we have got this far! Without your constructive input, your kind words and of course your hashpower we would probably not have been here anymore.
As you may have seen on the account details page, running a pool is not free.
When ABCPool just started out 5 months ago, there was an introductory fee of 2% for a short time. ABCPool was not always stable in the early months, and we did not feel justified to charge you at that point. Therefore we soon lowered the fee to 0% and paid server costs, stale shares and invalid blocks completely out of our own pockets. Now that ABCPool has proven to provide a solid mining experience we feel that the moment has come to re-introduce a fee, 4%, sometime in the first week of 2012.
Charging a fee is necessary to keep on providing you with the service quality you have come to expect from us. Any pool that does not charge a fee will eventually disappear, because it will inevitably cost the ops money. Many of you already donate 2%-4%. With the new scheme, you don't have to worry about others not paying for their part, because other users will pay the same..
The fee will enable us to pay for the server hosting, motivates us to keep on improving ABCPool, and helps to offset the risk we take by offering PPS rewards.
From your perspective, you might consider the fee to be a 'risk premium': by being payed per share you know exactly what you'll earn every day. How much is that worth to you? In addition we shield you from invalid blocks and stale shares.
In the new year we will continue to provide the best service we can, to ensure that you'll continue to enjoy mining at ABCPool!
Happy hashing,
MC & Chlorine
they will introduce the fees soon, but it's still fee free How are you enjoying mining with ABCPool so far? It's thanks to you, our loyal miners that we have got this far! Without your constructive input, your kind words and of course your hashpower we would probably not have been here anymore.
As you may have seen on the account details page, running a pool is not free.
When ABCPool just started out 5 months ago, there was an introductory fee of 2% for a short time. ABCPool was not always stable in the early months, and we did not feel justified to charge you at that point. Therefore we soon lowered the fee to 0% and paid server costs, stale shares and invalid blocks completely out of our own pockets. Now that ABCPool has proven to provide a solid mining experience we feel that the moment has come to re-introduce a fee, 4%, sometime in the first week of 2012.
Charging a fee is necessary to keep on providing you with the service quality you have come to expect from us. Any pool that does not charge a fee will eventually disappear, because it will inevitably cost the ops money. Many of you already donate 2%-4%. With the new scheme, you don't have to worry about others not paying for their part, because other users will pay the same..
The fee will enable us to pay for the server hosting, motivates us to keep on improving ABCPool, and helps to offset the risk we take by offering PPS rewards.
From your perspective, you might consider the fee to be a 'risk premium': by being payed per share you know exactly what you'll earn every day. How much is that worth to you? In addition we shield you from invalid blocks and stale shares.
In the new year we will continue to provide the best service we can, to ensure that you'll continue to enjoy mining at ABCPool!
Happy hashing,
MC & Chlorine
