Very interesting coin, but pool offers are disaster.
I've been mining for 9h on Bitember with my Antminer, and I have some 0.08 confirmed balance. 3% fee is high but not an issue, but their withdrawal fee for manual and auto payment is 0.01!!!
Block reward will go to 4 in a few blocks, and what then? How long will I need to get around 1 coin, just to give 10% of it to pool!? For what? I already gave them 3%.
Pool operator - why are you so greedy?
This is outrageous for the coin that is so scarce and hard to mine. If there was time, I would set up a p2pool with 1% fee and no headaches for miners
You're correct. We will drop the .1 coin fee to withdraw... or at least make it much less. To be honest, I didn't even think about this until i read your comment. Like you, i've been mining it since it's launch and have only mined about 30 coins.
I'm a small-fry, so I know how it feels to want to keep each fraction. We have an IRC channel for those of you who wish to provide suggestions to us (such as this), that way the thread can stay on topic for the coin.
Let me correct this, because there is a misunderstanding how a coin works. A transaction fee is always charged because there is no way for the pool to know whether a fee will be charged or not (and all transactions include the TX fee from what I saw according to block explorer).
The usual default Transaction fee is 0.1 or 0.01. From versiond command line:
versiond help settxfee
settxfee <amount>
<amount> is a real and is rounded to 0.01 (cent)
Minimum and default transaction fee per KB is 1 cent
So, TX fee is something that a pool charges because the wallet deducts it on every transaction. I hope that this clears things out a bit.
Now, by searching the coin's explorer I noticed that versioncoin, although it clearly states to the help text that TX fee is 0.01, can accept lower TX fee (0.0001 to be exact).
This has been setup to our wallet and our pool's software at Zeuspool was adjusted to reflect the new value.
