Announcement Minimum fee change in NPLusMiner and NemosMiner
The minimum fee thresholds of 1 minute in NPlusMiner and NemosMiner are presenting the inconvenient that it penalizes users benefit due to switching but does not really make anything to donations as the miners has really no time to send any shares to pools in such short time.
It is creating kind of a loose / loose situation.
MrPlus and Nemo discussed the situation and took the following decision to try and resolve the matter.
In the next version of both products, the minimum fee time will be set to 3 minutes (0.2%) and the default setting will be 8 minutes (0.5%).
Users will be able to change the value to anything equal or above 3.
If the value is set to anything lower than 3, a value will randomly picked from (0, 3, 4, 5, 6, 7, 8 ) when it starts.
Summary:
| Minimum | Default | Lottery |
Current | 1 minute | 5 minutes | random from 0 to 5 |
Future | 3 minutes | 8 minutes | random from 3 to 8 or 0 |
That makes no change for users already giving 3 or more minutes.
That makes users giving less than 3 minutes give a bit more but the impact on their side will actually be worth something on the other side.
We want to stay completely transparent on the way fees a managed in the product. Below is a explanation of how it functions:
Donations occurs once every 24 hours for the selected amount of time (default 8 minutes). The first donation sequence occurs 1 hour after miners are started. If Interval is set higher than the donation time, the interval will prime.
Example for default parameters. Miners started at 10, First donation cycle runs at 10:52 untill 11, Next donation cycle occurs 24 hours after.
Regards,
MrPlus and Nemo