Author

Topic: VIP membership on FPPS pools (Read 184 times)

legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
July 23, 2020, 08:41:36 PM
#6
You must also remember that with FPPS on any pool, comparing the reward to a PPLNS pool doesn't work.
On PPLNS if they pay transaction fees also (like most PPLNS except the Bitmain ones) you know up front what the fee is with each block found.

You'd have to check all the blocks FPPS find and determine the average txn fees (like I show on my site)
Then compare that to the actual PPS% value you received, to know what fee you actually paid.
legendary
Activity: 2436
Merit: 6643
be constructive or S.T.F.U
July 23, 2020, 08:36:02 PM
#5
I note that most of the big pools offer VIP packages and a better payout rate if you have 10PH or higher...

It isn't actually a higher payout "rate", PPS rates will be same for 1TH vs 10PH, but it's a higher payout "total" as a result of a reduced mining fee which can range between 10% to probably 50% , the largest discount I got from Viabtc was 40% IIRC.

... however they don't indicate how much higher the payout is. Does anybody know?

They don't because =>10PH is a long shot, it could be 100PH or a 1000PH, so they expect you to negotiate with them, you could probably get some discount even before getting to that 10PH mark, most pools are operated by Chinese, they can be negotiated, heck! Binance even negotiated the listing fees and they went to as far as asking "how much could DGB team pay", and speaking of Binance, they now run a fairly large FPPS pool with 2.5% fees, so pools that ask for 4% will most likely give you a discount if you point say 2-4PH, you just got to try your luck and for that I wish you the best of luck.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
July 23, 2020, 07:24:30 PM
#4
this is a 500 th miner

Quote
20 %off
7-day fee discount

Activated at:
2020-04-13 11:19
Expected to deduct
0.00050959 BTC
Applicable to:
BTC, DASH
Expired
How to use?
20 %off
30-day fee discount

Activated at:
2020-05-05 20:41
Expected to deduct
0.00123608 BTC
Applicable to:
BTC, DASH
Expired
How to use?
20 %off
15-day fee discount

Activated at:
2020-04-20 20:17
Expected to deduct
0.00103912 BTC
Applicable to:
BTC, DASH
Expired
How to use?
20 %off
30-day fee discount

Activated at:
2020-06-18 23:13
Expected to deduct
0.00098788 BTC
Applicable to:
BTC, BCH, BSV
Expired
How to use?

total of 0.0037 btc fee deduction.

my 1ph miner

got about 0.0075 btc fee deduction

combined about 0.0112 btc in fee reduction. for about 60 days of this year.
legendary
Activity: 1568
Merit: 2037
July 23, 2020, 07:16:49 PM
#3
I can't say for sure but in talking with a few of the up and coming pools when they were trying to ramp up it can down to .5%
They really want to build a core base that will cut down on variance, so if they get that with large miners and then charge a normal fee for 40% of their hashrate made up of 10PH or less they do just fine.

I've seen them offer people who refer these large accounts no fee as compensation. It's generally a cheap trade off if it's a smaller scale miner bringing in a large farm.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
July 23, 2020, 07:04:41 PM
#2
I note that most of the big pools offer VIP packages and a better payout rate if you have 10PH or higher, however they don't indicate how much higher the payout is. Does anybody know?

10 - 60  percent  fee reductions are offered at times.

I get 40% off on fees 2 or 3 months each year from viabtc. I run 1.7ph
full member
Activity: 219
Merit: 426
July 23, 2020, 05:51:08 PM
#1
I note that most of the big pools offer VIP packages and a better payout rate if you have 10PH or higher, however they don't indicate how much higher the payout is. Does anybody know?
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