[∞ YH] solo.ckpool.org 2% fee solo mining USA/DE 255 blocks solved! - page 235.

thedreamer

legendary

Activity: 1694

Merit: 1002

Go Big or Go Home.....

Quote from: philipma1957 on January 23, 2016, 11:57:50 AM

Quote from: thedreamer on January 23, 2016, 11:48:33 AM

Quote from: sobe-it on January 23, 2016, 11:21:23 AM

Quote from: thedreamer on January 23, 2016, 11:13:02 AM

I forgot this was the solo pool, not the kano.is pool. LOL.

1% or 2% makes no diff to me as it's a small fraction of a 25BTC payday.
After halving it would have to be re-evaluated as the earnings will drop to 12.5BTC and unless BTC value goes to $1K+ it will cut bigtime into people's earnings.

But its not like his efforts or cost get lessened. Sure its only 12.5 BTC but you would still get 12.375 out of the 12.5 block. He would be making .0625 at the current percentage and still operating at the same cost and effort..... hell I wouldn't want to be in that position, I could understand if he considered shutting it down at that point.

Thus he will have to re-evaluate the fees/costs of the pool.

unless coins go to 1000 usd plus.

we can dream can't we? you should know that Grin

I don't want to de-rail the thread, but I think everyone expects it to go at least that high before halving and after. Wink

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: thedreamer on January 23, 2016, 11:48:33 AM

Quote from: sobe-it on January 23, 2016, 11:21:23 AM

Quote from: thedreamer on January 23, 2016, 11:13:02 AM

I forgot this was the solo pool, not the kano.is pool. LOL.

1% or 2% makes no diff to me as it's a small fraction of a 25BTC payday.
After halving it would have to be re-evaluated as the earnings will drop to 12.5BTC and unless BTC value goes to $1K+ it will cut bigtime into people's earnings.

But its not like his efforts or cost get lessened. Sure its only 12.5 BTC but you would still get 12.375 out of the 12.5 block. He would be making .0625 at the current percentage and still operating at the same cost and effort..... hell I wouldn't want to be in that position, I could understand if he considered shutting it down at that point.

Thus he will have to re-evaluate the fees/costs of the pool.

unless coins go to 1000 usd plus.

we can dream can't we? you should know that Grin

thedreamer

legendary

Activity: 1694

Merit: 1002

Go Big or Go Home.....

Quote from: sobe-it on January 23, 2016, 11:21:23 AM

Quote from: thedreamer on January 23, 2016, 11:13:02 AM

I forgot this was the solo pool, not the kano.is pool. LOL.

1% or 2% makes no diff to me as it's a small fraction of a 25BTC payday.
After halving it would have to be re-evaluated as the earnings will drop to 12.5BTC and unless BTC value goes to $1K+ it will cut bigtime into people's earnings.

But its not like his efforts or cost get lessened. Sure its only 12.5 BTC but you would still get 12.375 out of the 12.5 block. He would be making .0625 at the current percentage and still operating at the same cost and effort..... hell I wouldn't want to be in that position, I could understand if he considered shutting it down at that point.

Thus he will have to re-evaluate the fees/costs of the pool.

sobe-it

sr. member

Activity: 453

Merit: 250

Quote from: thedreamer on January 23, 2016, 11:13:02 AM

I forgot this was the solo pool, not the kano.is pool. LOL.

1% or 2% makes no diff to me as it's a small fraction of a 25BTC payday.
After halving it would have to be re-evaluated as the earnings will drop to 12.5BTC and unless BTC value goes to $1K+ it will cut bigtime into people's earnings.

But its not like his efforts or cost get lessened. Sure its only 12.5 BTC but you would still get 12.375 out of the 12.5 block. He would be making .0625 at the current percentage and still operating at the same cost and effort..... hell I wouldn't want to be in that position, I could understand if he considered shutting it down at that point.

thedreamer

legendary

Activity: 1694

Merit: 1002

Go Big or Go Home.....

I forgot this was the solo pool, not the kano.is pool. LOL.

1% or 2% makes no diff to me as it's a small fraction of a 25BTC payday.
After halving it would have to be re-evaluated as the earnings will drop to 12.5BTC and unless BTC value goes to $1K+ it will cut bigtime into people's earnings.

sobe-it

sr. member

Activity: 453

Merit: 250

.5% is .125
.75% is .1875
1% is .25

halving

.5% is .0625
.75% is .09375
1% is .125

I think 1% is fair now, after the halving 1% will only net you the same as .5% now. So in my opinion you will be able to have some funds set aside before the halving. I wouldn't go anywhere else solo because what you have done for the community and the transparency. Who says after you raise no one else will on the solo side, they may follow suit. Who knows what the other pools will do after the halving, maybe they will shut down solo or the mass of miners will leave pool mining and go solo. My current bitcoin holdings is a big fat 0 after some bad purchases/decisions but hopefully I hit a block other wise pointing all my hash here was another setback. If I hit a block, you will get a full 1 BTC from me including your fee.

http://solo.ckpool.org/users/1PJ63JUfX6q8CfLUorQwMxzkkXBDXfFq7m

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Well I always matched the fee as a tip whenever I hit a block here.

3 times I think is has been.

but -ck has done lots for the community. so if I hit a block here again :

I commit to .2 + .2 = .40

Vs .125 + .125 = .25

and if -ck wants fee to be .25

I commit to .25 + .25 = .5

chiguireitor

legendary

Activity: 872

Merit: 1010

Coins, Games & Miners

0.5-1% is ok with me too... don't get fanciful stuff btw, keep it barebones as it doesn't adds unnecessary fluff

jonnybravo0311

legendary

Activity: 1344

Merit: 1024

Mine at Jonny's Pool

Quote from: -ck on January 23, 2016, 02:01:07 AM

With the recent expansion in server infrastructure, ddos protection, rising difficulty, impending reward halving, and otherwise static hashrate on this pool, I finally have to reconsider the fee this pool has. I know many of you have said it would be fine if I raised the fee in the past, and the generous donations from block solvers have meant that I didn't need to raise the fees, but with the combined effect of the above, I seriously have to reconsider it now. What I'm considering is to raise the fee to 0.75% now and then to 1% when the next halving hits, or just raise it to 1% now with a view to just leaving it at that for the foreseeable future. Comments?

Raise it to 1%. Not only are you the pool admin, you are also the author of the pool's code and the mining software that the vast majority of miners use. If people are truly going to complain about 0.125BTC, then let them setup their own solo mining operation. Pretty sure they'll realize very quickly doing so costs considerably more.

thedreamer

legendary

Activity: 1694

Merit: 1002

Go Big or Go Home.....

1% IMO is good.

Or.. Setup a donation based scheme like other pools. Start at 0.5% for basic, 1% for one with more nodes or something, or remote access/mobile monitoring of the miner's address, etc..

RozoTheMiner

full member

Activity: 200

Merit: 103

Hello Bitcoin World!!

Quote from: hedgy73 on January 22, 2016, 05:58:09 PM

Quote from: -ck on January 22, 2016, 05:42:29 PM

Quote from: thedreamer on January 22, 2016, 05:17:25 PM

Wow. He's a block magnet.

Yes he's solved 11 blocks in the last 7 months with solo.

Good man

. The 125-130TH seems pretty constant, I wonder if its his own farm or a lucky rental?

Wow absolutely incredible!! I wish I was ever so lucky to get at least one.

hodedowe

sr. member

Activity: 359

Merit: 251

I vote to keep it at 0.5%. If it goes above that you risk pushing miners to other solo pools or solo mining themselves.

kipper01

full member

Activity: 214

Merit: 100

1KippERXwH1PdBxKNt1ksgqh89WBv6CtWQ

I would say 1% is fair.

yxt

legendary

Activity: 3528

Merit: 1116

With all the time that you have invested in/for this community,
and you still invest, I think 1% is very fair. Thank you ck

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: citronick on January 23, 2016, 05:59:27 AM

Any plans for JP node like Kano?

All the Asian nodes I've tried so far never had more than 3.5TH max. There are precious few people mining solo and not enough to sustain an Asian node.

citronick

legendary

Activity: 1834

Merit: 1080

---- winter*juvia -----

Quote from: -ck on January 23, 2016, 02:01:07 AM

With the recent expansion in server infrastructure, ddos protection, rising difficulty, impending reward halving, and otherwise static hashrate on this pool, I finally have to reconsider the fee this pool has. I know many of you have said it would be fine if I raised the fee in the past, and the generous donations from block solvers have meant that I didn't need to raise the fees, but with the combined effect of the above, I seriously have to reconsider it now. What I'm considering is to raise the fee to 0.75% now and then to 1% when the next halving hits, or just raise it to 1% now with a view to just leaving it at that for the foreseeable future. Comments?

With the additions of international nodes - the higher fee is justified for the additional investments. The better hosting sites usually are also more pricey. You have my vote on the 1-2%. In the long term, getting more solo miners to join ckpool should also increase our overall ability to hit more blocks, hence investing in more nodes globally. Would love to see ckpool hitting blocks on daily basis. Any plans for JP node like Kano?

pikachuy

sr. member

Activity: 544

Merit: 250

i say flat 2% right now, you are so worth it with all what you have done. The 2% is worth it for the block solvers of maintaining a pool and all those protections you add. If someone is really picky about that 2%, just have them run their own solo pool. =)

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

Quote from: Nthused on January 23, 2016, 02:10:43 AM

Quote from: -ck on January 23, 2016, 02:01:07 AM

With the recent expansion in server infrastructure, ddos protection, rising difficulty, impending reward halving, and otherwise static hashrate on this pool, I finally have to reconsider the fee this pool has. I know many of you have said it would be fine if I raised the fee in the past, and the generous donations from block solvers have meant that I didn't need to raise the fees, but with the combined effect of the above, I seriously have to reconsider it now. What I'm considering is to raise the fee to 0.75% now and then to 1% when the next halving hits, or just raise it to 1% now with a view to just leaving it at that for the foreseeable future. Comments?

The first option of 0.75% now and then 1% Next BTC halving seems fair but maybe have a grace period before the change to 0.75%

Wasn't planning on doing it immediately - there would be plenty of notice. Additionally if there's great dissatisfaction with me doing it by the users I won't raise the fee...

Nthused

legendary

Activity: 1554

Merit: 1001

Quote from: -ck on January 23, 2016, 02:01:07 AM

With the recent expansion in server infrastructure, ddos protection, rising difficulty, impending reward halving, and otherwise static hashrate on this pool, I finally have to reconsider the fee this pool has. I know many of you have said it would be fine if I raised the fee in the past, and the generous donations from block solvers have meant that I didn't need to raise the fees, but with the combined effect of the above, I seriously have to reconsider it now. What I'm considering is to raise the fee to 0.75% now and then to 1% when the next halving hits, or just raise it to 1% now with a view to just leaving it at that for the foreseeable future. Comments?

The first option of 0.75% now and then 1% Next BTC halving seems fair but maybe have a grace period before the change to 0.75%

-ck

legendary

Activity: 4088

Merit: 1631

Ruu \o/

With the recent expansion in server infrastructure, ddos protection, rising difficulty, impending reward halving, and otherwise static hashrate on this pool, I finally have to reconsider the fee this pool has. I know many of you have said it would be fine if I raised the fee in the past, and the generous donations from block solvers have meant that I didn't need to raise the fees, but with the combined effect of the above, I seriously have to reconsider it now. What I'm considering is to raise the fee to 0.75% now and then to 1% when the next halving hits, or just raise it to 1% now with a view to just leaving it at that for the foreseeable future. Comments?

Topic: [∞ YH] solo.ckpool.org 2% fee solo mining USA/DE 255 blocks solved! - page 235. (Read 1514780 times)