Why is the maintenance fees keeps on increasing? New receiving around 33% of what I am mining.
Maintenance fees is cocstructed exactly in the same way as paying bills for your miner at home. if bitcoin price goes higher the smaller amount of what you are mining is being deducted to pay the bills. If bitcoin price goes down mining is obviusly less profitable as the bigger portion goes to cover electricity costs.
Currently monthly costs of maintenance at kryptologikais around $0.11 per GH/s per month which is significantly lower than elswhere.
We will be reducing our maintenance costs by 2% starting from 01 September.